Business Plan : Green Auto Spa
Sherpa, Nyima (2017)
Sherpa, Nyima
Laurea-ammattikorkeakoulu
2017
All rights reserved
Julkaisun pysyvä osoite on
https://urn.fi/URN:NBN:fi:amk-2017052910793
https://urn.fi/URN:NBN:fi:amk-2017052910793
Tiivistelmä
Business plan is an important blue print tool that helps entrepreneurs and business managers to think through their business idea, convince possible investors and ensure financial success to the business. A good business plan outlines company’s product, how the production will take place and how the product or service is going to ensure that it reaches its’ targeted market.
The purpose of this project is to create a business plan for a new and soon-to-be established auto wash shop with speedy quality services in Kathmandu, Nepal. The business plan was made to ensure the success of the business idea and to convince possible investors about the business idea.
The theoretical approach of the report is based on numerous business related books, internet sources and literature review of business plan development. This thesis will primarily outline the importance of creating a business plan as well as assist the author in selecting suitable research methods tools using SWOT analysis and Business Model Canvas.
In this project, both qualitative and quantitative research methods are used. Information was gathered through a period of observation and surveying at several wash shops around Kathmandu. Survey questionnaire was used as quantitative research method. The survey questionnaire was used to find out problems associated with the current wash service provider from customer’s point of view. Qualitative research method such as desk research and observation was used in this project. Desk research helped in gain legal information, taxation and regulation regarding establishing a business in Nepal. Whereas observation helped in understanding the auto wash business and services provided by the several auto wash service providers in Kathmandu.
The research method has allowed the author to understand the current issues the industry is facing and to assess if there is real demand for a new auto wash shop in the Kathmandu valley. A competitor analysis was also made which has provided both an offensive and a defensive strategy to the author. In addition, the research method has also allowed the author to learn about the auto wash industry itself in Kathmandu region.
Although the car wash business can be risky due to the high financial requirement and competitive environment, the research has shown that there is a demand for a service provider that can provide effective and efficient car wash service in Kathmandu. Selecting a favourable location and choosing a right business attitude can bring profit to Green auto spa.
Keywords: Business Plan, Carwash, SWOT analysis
The purpose of this project is to create a business plan for a new and soon-to-be established auto wash shop with speedy quality services in Kathmandu, Nepal. The business plan was made to ensure the success of the business idea and to convince possible investors about the business idea.
The theoretical approach of the report is based on numerous business related books, internet sources and literature review of business plan development. This thesis will primarily outline the importance of creating a business plan as well as assist the author in selecting suitable research methods tools using SWOT analysis and Business Model Canvas.
In this project, both qualitative and quantitative research methods are used. Information was gathered through a period of observation and surveying at several wash shops around Kathmandu. Survey questionnaire was used as quantitative research method. The survey questionnaire was used to find out problems associated with the current wash service provider from customer’s point of view. Qualitative research method such as desk research and observation was used in this project. Desk research helped in gain legal information, taxation and regulation regarding establishing a business in Nepal. Whereas observation helped in understanding the auto wash business and services provided by the several auto wash service providers in Kathmandu.
The research method has allowed the author to understand the current issues the industry is facing and to assess if there is real demand for a new auto wash shop in the Kathmandu valley. A competitor analysis was also made which has provided both an offensive and a defensive strategy to the author. In addition, the research method has also allowed the author to learn about the auto wash industry itself in Kathmandu region.
Although the car wash business can be risky due to the high financial requirement and competitive environment, the research has shown that there is a demand for a service provider that can provide effective and efficient car wash service in Kathmandu. Selecting a favourable location and choosing a right business attitude can bring profit to Green auto spa.
Keywords: Business Plan, Carwash, SWOT analysis