Business Plan Sumaiya
Business Plan Sumaiya
Business Plan Sumaiya
PESTEL ANALYSIS:
Social factors
Technological factors
Because of the effects of industrial
waste mismanagement people of this Innovation and automatic.
Technological advancement in social
era have become conscious towards
media promotion can improve
choosing and buying the right
advertising strategies to reach more
products, which makes it a tough people.
challenge for the companies like ours Better equipment can improve our
to thrive for undertaking better production.
procedure.
Bangladeshi Paper market is large and growing but the pace of growth is declining
because of increase in cost of production due to rapid increase in Fuel and Energy
prices. Despite of the constraints, the market will grow because of the increase in
demand of paper products forthcoming years. Per capita paper consumption is
showing increasing trend over the years. In the period 2001-02, the consumption
took huge jump showing the increase in need of paper in daily life. Bangladesh’s
share in World consumption, although very minute, is increasing over time. From
almost 0 percent in 1961, this share increased to 0.02% in 2010. The information
stated above shows that there is huge potential in Paper Market as the per capita
consumption is increasing over the years
The information stated above shows that there is huge potential in Paper
Market as the per capita consumption is increasing over the years.
Competitive analysis:
Competitive analysis in marketing and strategic management is an assessment of
the strength and weakness of current and potential competitors. These analysis
provides both an offensive and defensive strategic context to identify
opportunities and threats.
Our competitors will be the paper manufacturers, bag producers (paper,
polythene etc), paper raw material related industries etc. Our business is
not restricted to paper making or raw material generation; we want to be
more diversified in order to be in sustainable position. In this way, majority
of the industries that directly related with paper manufacturing will be our
competitors.
list of our competitors are:
No: Particulars
Reliance Corporation
2.
24, Kamal Ataturk Avenue,
Address:
A-R tower (5th floor), Banani
C/A,
City Dhaka - 1213
Country Bangladesh
Telephone +880-2-9887626, 9886084
Fax +880-2-8829367
Market Segmentation:
Pricing:
Normal market price will be charged for paper pulps to paper making
industry with some credit facilities.
Normal market price will be charged for paper products to wholesale
dealers with some extra credit facilities & discount according to purchase
quantity.
Distribution strategy:
Promotion strategy:
Customers are not waiting for our product to be launched instead we are
providing them a substitute to a more expensive product. In order to be
successful, we need to introduce ourselves to the market. For this purpose,
the strategy we follow is we will be communicating our product through
the following ways:
Website: Ours will have its own website designed with sample paper made products
and related prices. All the necessary details required to customize products will be
provided. Besides, we will also give pop-up advertisements in famous and regular web
pages like, facebook, twitter, yahoo etc.
Newspapers and magazine: We will give advertisements monthly with its sample
products mainly highlighting its environment-friendly features. Newspapers will include
the most popular Bangla and English newspapers.
Organizational plan
Form of Ownership:
The business will be operated as a private limited company under the business
name of ZAS Paper Recycling Plant for All. The business will include ashraful islam,
sumaiya aktar, Hatem ibrahim, arbi rahman and shahriar rahi as partners each
owning 20% shares of the business.
Assessment of risks:
evaluating strength and weakness of business, SWOT analysis:
Strength Weakness
Opportunity Threats