Monday, May 13, 2019
Create a business plan for an entrepreneurial company Essay
Create a business plan for an entrepreneurial company - Essay characterThis will ensure that association football Nations business re of imports as competitive as the others which are already established. The put in is a Limited Partnership that is owned mostly by Steve Thomason and Esther McKenna who authorization a 40 and 30% stake of the company. The main objective of the store is to be the leading supplier of top quality soccer products around capital of Massachusetts. The store will make it possible for its customers to sample and please its wide selection of products which are specifically made to make the sporting experience an enjoyable one. The guide market for soccer Nation will be anyone from the age of 10 to 40. Most soccer enthusiasts take up under this age group and they are also some of the most frequent buyers of soccer items. Soccer Nation wants to be the one stop shop for all deal, young and old, who want to enjoy in high spirits quality soccer products. S occer is without a doubt one of the fastest growing sports in the get together States. However, there remains a huge deficit in the market since the suppliers of soccer items are really few. Over the last years or so, soccer as a sport has made tremendous achievements in the US and its fan base is growing each daylight. This has meant that the market for soccer merchandise is expanding at a fast rate, thereby presenting a great opportunity for start up businesses such as Soccer Nation. Boston is a perfect location as it is home to several universities and colleges, which contain some local and international students, the majority of soccer products consumers. At this location, the products will be available at a competitive price similar to that offered by other companies. The promotional strategy for this specific group of people will imply free passes and tickets to soccer matches. The soccer merchandising industry in the US is pronounced by a clear lack of competition. The only serious competition for soccer items in the Boston area is from companies such as Nike, Olympia and City Sports which offer a variety of sports paraphernalia inappropriate Soccer Nation which is planning to concentrate on soccer items only. Since there is no other store that specializes in soccer merchandising, Soccer Nation will face very little competition. This will alter it to establish itself in this particular market, hence developing a competitive advantage that is likely o benefit it in future. The people who will be in charge of running the day to day operations at the store are all well experienced in their various palm of expertise. They are also dedicated individuals whose only purpose is to ensure that Soccer Nation establishes itself into a sports power plant to reckon with not only in Boston, but in the rest of the country as well. telephoner Outline Soccer Nation is a limited proprietorship that is located in, Boston, Maryland. Esther McKenna and Steve Thom ason are the founders and executives of this company. Steve Thomason is the majority owner, with a 40% ownership. Esther McKenna owns a 30% share while Michael Lutherfield, Moses Blundell and Richard Travis own 10% each. The companys main aim is to provide high quality soccer merchandise at an affordable cost. The mission of Soccer nation is To offer high quality and affordable soccer merchandise to its customers in Boston. The companys vision is To become the leading supplier of sports items and services in Boston. Some of the strengths and competencies of Soccer Nation include offering top quality soccer me
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