Enterprise Creating your own business

University: N/A

Unit No: N/A
Level: High school
Pages: 2 / Words 454
Paper Type: Assignment
Course Code: BM6005
Downloads: 765

Table of Content

MAIN BODY

Organization Selected : Organo essentials oil

Enterprise Creating your own business

INTRODUCTION

It is important to analyse as well as evaluate different factors while creating and develop a business. This will help in conducting business task in effective and efficient manner. Chosen company for this report is Organo essentials oil. This is located in UK market area as well as providing its products and services to different parts. This report includes canvas business model to develop better strategies.

MAIN BODY

Canvas model

Canvas business model in consider as an effective way of developing various strategies . This will lead to have impact over performance of business as well as accomplishment of desired goals. This model includes various elements which will support in better decision making. Business canvas model is mention below in respect to Organo essentials oil company.

Key partners

Raw material supplies
Herbs and plant distributes
Transportation partners

Key activities

Collection of herbs and other resources
Development of essential oil
Marketing and sales of product

Value proposition

High quality tested products
Effective packaging
Easy to use
Personalized products to meet customer requirements

Customer Relationship

Direct communication with customers
Post sales services
Loyalty towards customers

Customer segments

Health conscious customers
customers who Prefer organic products
Men and women of age above 20.

Key Resources

Human resources
Raw material
Infrastructure
Innovative technology

Channels

Online sales of products
Direct supply to customer
Retail supply channels

Cost structure

Raw material cost
Manufacturing cost
Fixed and variable cost of business

Revenues streams

Sales of products
Collection of funds
Subscription charges

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