Business Plan
Business Plan
Business Plan
BVF 2294
CAPSTONE TECHNOPRENEURSHIP 1
LECTURER:
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TABLE OF CONTENT
1. Introduction/Background/Literature Reviews 1
10 References 12
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INTRODUCTION/BACKGROUND/LITERATURE REVIEWS
OBJECTIVES
• Protect the top of the foot from heavy weights that may cause injuries by heavy items
falling, dropping, or rolling onto the top of the foot
• Provide an extra layer of safety against acute injuries and crushing.
PROBLEM STATEMENTS
• Do not have protection equipment to provide extra safety against injuries and crushing.
• Cannot absorb impact energy from falling object
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ENVIRONMENT REGULATIONS/LAW
ISO 20346:2014 - Personal protective equipment - Protective footwear
GLOBAL/REGION/NATIONAL DEMANDS
Global Demand
The global demand for safety footwear is influenced by industrial growth, manufacturing
activities, and workplace safety regulations. As globalization continues, the demand for
standardized safety measures, including appropriate footwear, may see an increase.
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MARKET DEMANDS
2. Providing an additional layer of protection for foot. This is especially important in oil
and gas environments where heavy objects may be present, and the risk of impact
injuries is high.
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4. The lace-up design allows for a customized fit, ensuring the boots are snug but not too
tight and lightweight.
5. Easy to clean and maintain, especially considering the exposure to oil and other
substances. This is important for hygiene and to ensure the longevity of the footwear.
6. With adjustable features, such as straps or laces, to ensure a secure and comfortable fit.
This helps prevent the covers from slipping off during work.
MANUAL OPERATION
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6. Tighten the laces tight:
Starting at the bottom and working your way up, start lacing the shoes. Make sure the
laces are just tight enough to allow for proper circulation.
Tips
• When it comes to the metatarsal guard safety footwear you are wearing, always follow
the manufacturer's directions.
• If your shoes are worn out or damaged, replace them right once because inadequate
protection can cause accidents.
• If your workplace's safety regulations require the use of additional personal protective
equipment (PPE), think about deploying it.
• Make sure you comply by any safety standards or employer special guidelines or
procedures.
• Always keep in mind that safety comes first and that wearing protective shoes correctly
is essential to avoiding accidents at work.
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MARKETING PLAN
Product marketing is very much needed as it shows by our company intention to marketing the
product. Our company marketing plan is to show everyone how our company will beat all the
competitor who involved in the oil and gas industry and will enter all the market with the
affordable price.
We have got ready our advertising plan also. We have many plans to advertise our product
Through advertising design, has provided an outline of how we develop our products. Cash
and manpower must be adequately cared for to avoid spending more and wasting assets. We
can also evaluate exhibiting prerequisites related to money to organize each use.
In this way, marketing operations are very valuable for new organizations to make
arrangements before advertising their items to their specific target ads and also to choose
money-related assistance with the demand for asset profits
MARKET DEMAND
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ECONOMIC ANALYSIS
Economic analysis is a crucial component of business planning as it helps assess the economic
environment in which a business operates. Understanding economic factors enables businesses
to make informed decisions and develop strategies that align with prevailing economic
conditions.
1. Market Trends
• Consumer Behaviour: Analyze how consumer behaviour is influenced by
economic factors such as income levels, employment rates, and inflation.
Changes in consumer spending patterns can impact demand for products or
services.
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4. Technological and Innovation Trends
• Digital Transformation: Assess how technological advancements impact
the industry and create opportunities or threats. Embrace innovation to stay
competitive in a rapidly evolving business landscape.
COMPETITOR
• Alibaba/Amazon/Shoppe
RM40-50 RM35
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PRODUCTION COST
In essence, we purchase these products in quantity and resell them to other customers at a
different price. This is how we market these products. There is no requirement for running or
manufacturing costs. The expenses only cover the cost of the completed product and any
marketing expenses incurred for attracting customer interest.
Comission RM10
Utilities RM5
• Internet
• Advertising
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CONCLUSION
In conclusion, this business plan outlines a comprehensive strategy for our company to thrive
in the dynamic marketplace. Through meticulous research, strategic planning, and a dedication
to innovation, we believe that our business is poised for success. We express unwavering
confidence in the potential of our company. Our team, guided by a shared vision, is poised to
overcome challenges and seize opportunities. The collaborative efforts of our talented
individuals will drive the realization of our goals and position our team as a leader in the
industry oil and gas.
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PRODUCT CONTACT AND INFORMATION
Address: Rm B 904, No. 467 Middle Changjiang Road, Huishang International, Huangdao,
Qingdao, Shandong, China
Telephone: 86-532-86109391
Website: https://uniflamesafe.en.made-in-china.com/
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REFERENCES
1. Mining industrial workman safety shoes with COVERUFA048. Made. (2010, March
10). https://uniflamesafe.en.made-in-china.com/product/KXBmNYoVGOWS/China-
Minning-Industrial-Workman-Safety-Shoes-with-Coverufa048.html
2. OSHA Field Safety and Health Management System (SHMS) manual - Chapter 8.
Occupational Safety and Health Administration. (2011, August 13).
https://www.osha.gov/shms/chapter-8
3. Safe-Gard. (1BC, November 30). What is a metatarsal guard? Safety Shoes &
Work Boots - Top Brands & Best Features. https://www.safgard.com/blog/met-
guarding-your-feet-every-step-of-the-
way#:~:text=Metatarsal%20guards%20are%20a%20form,the%20top%20of%20the%
20foot.
4. Home. Durable Shoe and Boot Covers - Safety Company. (n.d.).
https://www.safetycompany.com/categories/foot-protection/shoes-and-boot-
covers/#:~:text=These%20covers%20provide%20an%20additional,covers%20are%2
0the%20reliable%20choice.
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