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Published byAugustine Chambers Modified over 6 years ago
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Computer & technology Start my business “being desi"
Teacher in charge: Ms Lauren Group Leader: Ayesha 3A(04) Group Members: Asma 3A(38) Manpreet 3A(20) Saffa 3A(11)
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Table of content Introduction Objectives
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Introduction We chose to do a clothing business because we are interested in clothes and fashion. And we named it “BEING DESI” because we are more interested in our cultural and traditional clothing. And we also chose this business because we are making our traditional Pakistani and Indian clothes, shoes and other accessories.
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Objectives Knowledge : 1. Characteristics of entrepreneur
2. Considerations when staring a business. 3. Basics of business financial calculation. Skills : Applications of project learning skills such as observations, case studies, information gathering and evaluation. 2. Development of generic skills: communication, collaboration, IT skills, data manipulation skills, critical thinking and creativity Attitude : From the view point of customers, build. Business to meet their needs.
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Specifications Targets (customers) : Indian and Pakistani girls Proposed Values (products/services) : Salwaars, Sharara, Sarees, Lehengas, Shalwar Kameez, Kussa, Heels, Pheran Key Resources : 1. Online website (e.g. Sales site, production tools) 2. Clothes material
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Feasiblity Study We will make a website and post the pictures of our products, with the price. We can ask our customers to tell other people about our shop
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Market study Two potential options :
An ideal market for our product, there should be : A B Location : Tsim Sha Tsui Sham Shui Po Traditional Pakistani & Indian Clothes Jewellery Shoes
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Corresponding data collected in the market research :
1. There are mainly more girls to buy our products 2. More people buy on their festivals Strength : We can earn more on the customers festivals Most girls are interested in our clothing 3. They buy shoes and jewellery most of the time Weakness : Some clothes are too expensive There are other shops as well so the customers might go there instead 3. Most girls only buy clothes on their festival not regularly
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Business Model Mind Map
CUSTOMER SEGMENT COST STRUCTURE: FIXED/ VARIABLE/ RISKS VALUE PROPOSITION DISTRIBUTION CHANNEL : EVALUATION/PURCHASE/DELIVER/DISCOVER BEING DESI KEY PARTNERS : SUPPLIERS/ DEVELOPERS/ INVESTORS/ COMPETITORS/ ALTERNATIVES/ PARTNERSHIP CUSTOMER RELATIONSHIP : BUILD/LOYAL/GROW KEY ACTIVITIES KEY RESORCES
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EXPENDITURES ITEMS HK$ $5000 $3500 $5500 $6000 $8000 $7500 $8600 $4000
Churidar Salwaars $5000 Afghani Salwaars $3500 Patiala Salwaars Sharara $5500 Sarees $6000 Flared lehenga $8000 Mermaid/Fishtail lehenga $7500 Panelled lehenga Double flare lehenga $8600 Trail lehenga Lehenga choli Shalweer Kameez $4000 Line lehenga $7000 Khussa High heels $3000 Pheran $1000 REVENUE ITEMS HK$ Churidar Salwaars $3500 Afghani Salwaars $1400 Patiala Salwaars $4000 Sharara $5500 Sarees $5400 Flared lehenga $1600 Mermaid/Fishtail lehenga $2250 Panelled lehenga Double flare lehenga $5160 Trail lehenga Lehenga choli $4600 Shalweer Kameez $2000 Line lehenga Khussa High heels $300 Pheran
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Reflection on our business
I learned that it is very important to be extremely organized with starting the business. In the beginning it started as a brainstorm. Brainstorming requires a lot of special attention in specific topics. For example : the first thing is to know what type of business we need. After our decision of the business we wanted, then we needed to think about why I wanted this business and also how I am going to make money. And its important to keep all the records of everything we decided to do. It was really easy in the end.
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Thank You
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