Business Planning Essay Example | Topics and Well Written Essays - 500 words

Business Planning - Essay fashion modelIn this case, the action of the employees is intrinsic for the success of the plan since the type of businessi idea involves a one-on-one conference with the customers.3. Fixed prices for needing considering the state of the industry, owning and renting a car, the business idea is considered strong since the involved customers argon made aware of the prices. The prices are fixed since there are less external influences on the prices such(prenominal) as weather.1. High product pricing Botflex plans to offer high quality services to the boat owners and the tenants thereby leading to the high product pricing. Because of the need for offsetting the high production cost associated, the business finds it difficult to broadcast low prices. This acts as a weakness of the company since most of the potential customers are medium income earners.1. feel for entry into sensitive market There are few corporations dealing in the same products thereby pre senting an opportunity for entry into new market. The company can establish its critical operation to other new areas because of the higher economies of scale associated with venturing.2. Collaboration with other companies dealing in the same products There are legion(predicate) companies which recognize the good reputation held by a company, successful in making people rent ships. This means that there are chances for the company reducing the associated costs through collaborating with other recognizable companies.1. Escalating prices of boats The escalating prices bears chances for inefficiencies in the production process of the company considering that the prices of raw material for making boats are on the rise.2. mark infringements Trademark infringement is just like another threat which usually faces newly established company. The company stigmatisation is susceptible to cases of illegal use of trademark especially by the competitors or other newly come up