ECO, Joanne Mary A.

EN2A

Business Concept Proposal Number One 688 Store 1. What is the business concept? The business to be created is a store. This store is to provide essential products and service to its customers, to give grocery items to each customer, to give them what they need. This business is under wholesale and retail trade (SIC Code: 445) 2. Why is this the choice? The business was chosen by the proposer because for the five reasons flexibility, perks, variety, growth and abundance. The proposer was also able to interact with other people through transactions and sales with this the proposer was able to gain perks. 3. Who is your market? The proposers markets are the residents and the tourists in the place where the business will be located. 4. Where do you intend to locate your business? The business would be located in the proposers hometown, Anilao, Mabini, Batangas. 5. Why is this the location you choose? The location was chosen because the proposer doesnt need to rent and the location was the best location, its a corner of an intersection, where everyone thats going to the beach was able to pass in that area. So the store was able to catch the attention of the tourists. 6. When do you intend to open your business?

Well, the proposers intention was to upgrade their family business. So the business is already open, what the proposer wants to do is to make it more attractive and essential to the costumers. The business would be upgraded by 2014. 7. What are the equipment you required and its corresponding cost? To serve the customers at its best, the business required the following equipments to be added in the store.
a. CCTV

CameraQube-NVC710 30,150php

w/

EX980P

Lens

costs

b. LG Aircon Model: LA060MA costs 7,200php c. Casio TE-900SS Cash Register costs 21,414php

d. Cashier Desk costs 3,000php 8. What are the manpower resource talent/skills required, how any and its corresponding cost? To be able to satisfy the customers and to provide them excellent service the business needs the manpower possessing excellent communication and interpersonal skills, as well as a strong creative flair and effective problem solving abilities. Four employees would be the best number. Each of them would receive 3,000php monthly.