Write an introduction of your business in report format consisting of:
ìBusiness Description
ìBusiness Legal structure (ownership and funding)
ìJustify why your business is selected in this structure
ìBusiness Type
ìLocation
ìMarket (local/ national/ global)
DEADLINE: BEFORE YOUR NEXT IE LESSON
business name : JBJ foods
ReplyDeletea)its about selling nice and healthy food
b)sole-proprietorship - i choose this as it is easy to set up , cheap, and less regulatory requirement are needed to follow
c)business to consumers
d)bugis
e)local
Business Name: Sweet Planet (Changed the name)
ReplyDeletea) The business sells cookies and sweets.
b) Partnership. It is Easy and quick to set up, Less Regulatory requirements to comply with, Not a separate legal entity.
c) Business to Consumers
d) Orchard
e) Local
Business Name : JBJ foods
ReplyDeletea)its about selling a wide variety of food
b)Sole-proprietorship. I choose this as it is easy to set up , cheap, and less regulatory requirement are needed to follow.
c)Business to consumers.
d)Orchard
e)Local
Business Name : Pi
ReplyDeletea) It is a shop that sells delicious pies to pie lovers.
b) Partnership, I chose it because it is easy to set up and we do not need any shareholders
c) Business to consumers
d) Bugis
e) Local and if possible, expand to international.
Business name: Yonder Singapore Airways Ltd
ReplyDeletea) It is an airline for people to travel in the ASEAN Region
b) Company, as many people/airlines are needed to support the business.
c) First from Singapore and Malaysia, followed by branches in all countries of ASEAN.
also to operate in all airports within South-east Asia
DeleteBusiness Name: Daily Sweets
ReplyDeleteDescription: My shop would sell cupcakes, muffins, cookies and birthday cakes.
Business Legal Structure: Sole Proprietorship. It is because it is quick and easy to set up, there are lesser regulatory requirements to comply with and most importantly, it is easy to administer and manage
Business Type: Business to Consumers.
Location: I would like to set up my stall at NEX as it is quite near my house and there will always have a crowd there.
Market: I would like to keep my business local so that it is much easier to manage.
1. It is about selling ice-cream
ReplyDelete2. Partnership as I can spread the risk and work with friends and family
3.Food
4. Near a school as children eat ice-cream
5. Local
Name: Scream
DeleteBusiness name: Daily Sweets
ReplyDeleteDescription: The bakery specializes in Cupcakes for different Occasions, but it also sells cookies and brownies.
The business legal structure is partnership, As it is quick and easy to set up and manage, as well as we will be able to place a few outlets in Singapore.
The business type os business to consumers.
Location: It will be in popular shopping centres like Vivo City and Jurong point, as well as places where there is a need for a good bakery
The market will be local, But if it gets successful and famous, It may become international.
Business Name: JC
ReplyDeleteDescription: It sells unique furniture both modern and antique.
The business legal structure is a company, since more shareholders would be able to preview the product and decide on weather they would invest in my company.
Location: Start in a industry park. (i.e tampines industry park) slowly expand it out in Singapore and then followed by the continent.
Market is regional.
Business name: Storm
ReplyDeleteA) it creates and distribute customized as well as customizable system-seed which allows creation of various virtual products ranging from virtual worlds, games to commercial airline simulator and movie simulations.
B) Sole-proprietorship since it is easy to set up, cheap, less regulatory requirements to comply with and is a one-man job
C) Service (B-B,B-C,C-B)
D) Bukit Timah
E) Global
Business name: Pixel!zed
ReplyDeleteDescription: It manufactures and distribute cameras and their parts to customers.
Legal Structure: Sole-Proprietorship as it is easy to set up and less regulatory procedures and formalities will be gone through.
Business Type: B-B, B-c
Location: City Hall
Market: NAtional
Business name: Project RC(pRCject)
ReplyDeleteDescription: It manufactures and distributes RC kits and PDF plans to the customers.
Legal Structure: Partnership as it is easier to set up and has less regulatory procedures and formalities to go through.
Business Type: B-C
Location: Hillview Avenue
Market: Global
Business name:Pixel!zed
ReplyDeleteBusiness Description: Designs and manufactures electronic devices.
Business Legal structure: Partnership, it is easier to set up and has less regulatory procedures and formalities to go through.
Business Type: B-B, B-C
Location: Business park
Market: Global
Business name : Limitless
ReplyDeleteBusiness description : Sells high quality and affordable sports equipment
Legal structure : Partnership , it is easier to set up and it is not as expensive .
Business type : Business to consumers
Market : Global
Location : Malls such as ones in Orchard road
DeleteBusiness name: FAF
ReplyDeleteBusiness description: Sells food that is fast, affordable and good.
Legal Structure: Partnership as it is easy to set up and cheaper than companies.
Business type: Business to customers.
Location: In buildings like City Square Mall, etc.
Market: Global
Business Name: Pear
ReplyDeletea) Business Description: Selling tech gadgets such as computerized contact lenses, virtual tastes that can be programmed to give you certain tastes if you are eating food in a game or something, PearPods which are iPods that fit in your ear wirelessly and can be used with Peri like Siri to interact with the contact lenses. Technogear like shirts that can change shape and color for what you want and motorized shoes that can bring you around like skates.
b) Business Legal structure (ownership and funding): Company.
c) Justify why your business is selected in this structure: It's because I want it to be corporate so that it can have a future to grow big through investments and a large work force that can be more efficient. Also, one good point is that the members of my company are not part of the loss in profit so I do mot want to put the stress and burden on them and it can be sued in the companies name rather than in your own name, a larger force.
d) Business Type: Technology, Business to customers.
e) Location: I want to tart up in the US in a simple warehouse, then if it gets big, I would like a spot in silicon valley and expand from there. I believe if the things mentioned above can be made possible, people will support it so the location will not be a problem.
f) Market (local/ national/ global): Global.
Business Name: KaiTech
ReplyDeleteBusiness Description: Provides easily-accessible and helpful support with computer problems.
Business Legal structure (ownership and funding): Partnership
Justify why your business is selected in this structure: While I would like to prevent my employees from having to worrying about being sued, I need some one to help bear some responsibilities and discuss decisions.
Business Type: National
Location: Technology parks(e.g.Simlim Square)
Market (local/ national/ global): Local
Business Name: P!xel!zed
ReplyDeleteDescription: Creating cutting-edge technology and software.
Legal Structure: Sole-proprietorship
I prefer to be in charge of my business, and be able to make decisions for myself.
Business Type: Producer to Customer, Service
Location: Somewhere modern or often frequented, such as fusionpolis, near a university or maybe Ion Orchard.
Market: National/Global?
Business Name: Scream
ReplyDeleteDescription: Selling Ice-Cream
Business Structure: Partnership. I choose partnership as I find running a business myself is too tiring and need someone to help out.
Business Type: Producer to Consumer.
Location: Outside a school.
Market: National.
Business Name: Scream
ReplyDeleteDescription: My shop would sell ice cream of all favour and small tibits from time to time
Legal Structure: Partnership, I wish to work with family and friends
Business Type: Producer to Customer, Service
Location: I would keep it on popular tourists attractions, like the Zoo and bird park
Market: National
Business Name: Daily Sweets
ReplyDeleteDescription: Shop that sells various, sweet pastries at affordable price.
Business Legal Structure: Sole Proprietorship. Fast and easy to setup, lesser regulatory requirements to comply with and easy to administer and manage.
Business Type: Business to Consumers.
Location: Near MRT stations, bus interchanges, or anywhere that's on the path from a school to MRT stations or bus interchanges.
Market: Local, as it is easy to start with humble beginnings. The target audience is merely within Singapore.
Business Name : JBJ
ReplyDeleteDescription : Shop that sells F&B
Business Legal Structure : Partnership, Jeff,Bryan and I will be partners in the business.
Business Type : Business to Consumers
Location : Most likely in shopping malls.
Market : Local, then we might go international