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Abstract

This business plan is created to ensure that the business idea is profitable and four partners can work together. Thus, in this work will be described the interests and opportunities of the bakery owner (me) and other partners (florist and the owners of grocery and liquor store). To choose the most effective way of development, each option will have a score rating. The more points has the chosen set of options, the more chances for success for this partnership.

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INTERESTS

  1. To make business together, like four partners
  2. To have an effective advertisement
  3. To have a good place in street mall to sell more entities
  4. To have a qualified staff
  5. To have a requested maintenance
  6. To keep an appropriate temperature in the mall to sell more coffees

OPTIONS:

  1. Making business together can be realized in two ways:
    1. Each partner owes his business and they cooperate together
    2. Four businesses belong to four partners in equal parts
  2. Having effective advertisement:
    1. Combined advertisement campaign for whole the market with costs to be divided equally among the Market merchants (0 points)
    2. Combined advertisement campaign for whole the market with costs to be paid according to percentage of the market’s gross profits contributed by the merchant (40 points)
    3. Combined advertisement campaign for the stores as individual units on the same flyers with costs to be divided equally among participants (10 points)
    4. Separate advertisement campaigns for each member who needs to spend 6% of expected gross profits on advertising (10 points)
    5. Separate campaigns for each member, amount spent up to individual merchant (60 points)
  3. Having a good place in the street moll:
    1. “Spontaneous purchases” near entrance way (0 points)
    2. Small departments near entrance way (40 points)
    3. Common area near entrance way (0 points)
    4. Convenient location for department with highest volume of sales (0 points)
    5. Location near entrances and exits for merchants with heavier products (0 points)
  4. Having a qualified staff:
    1. Hiring, training, paid by group, equal distribution (20 points)
    2. Hiring, training, paid by group, distribution according to floor space (20 points)
    3. Hiring and paid by group, individual training, distribution according to demand for service (20 points)
    4. Individual hiring, training and payment, distribution according to demand for service (30 points)
    5. Individual hiring, training, payment and distribution (40 points)
  5. Having a requested maintenance:
    1. Shared, each member is responsible for equal part of costs (10 points)
    2. Shared, each member is responsible for percentage according to floor space occupied (60 points)
    3. Shared, each member is responsible for percentage according to floor space occupied (bakery pays the double percentage because of the nature of its carry out business) (0 points)
    4. Separate, each member is responsible for own maintenance; shared responsibility for common area maintenance for percentage according to floor space occupied (80 points)
    5. Separate, each member is responsible for own floor space plus equal contributions for common area maintenance (10 points)
  6. Keep an appropriate temperature in the mall to sell more coffees:
    1. 77 degrees (0 points)
    2. 74 degrees (0 points)
    3. 68 degrees (40 points)
    4. 65 degrees (40 points)
    5. 61 degrees (20 points)

PROPOSALS

To use the next set of options (260 points):

  1. Separate advertisement campaigns for each member, amount spent up to individual merchant (60 points)
  2. To place small departments near entrance way (40 points)
  3. Individual staff hiring, training, payment and distribution (40 points)
  4. Separate maintenance, each member is responsible for own maintenance; shared responsibility for common area maintenance for percentage according to floor space occupied (80 points)
  5. To keep such temperature as 65-68 degrees (40 points)

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