1.0 BUSINESS PROFILE
1.1 Business Description
Modern people are very busy and they often neglect to clean their cars, and sometimes the limited living space also is the problem for the people who want to clean their car but they do not have space to clean their car, especially in Taiwan. Therefore, the car wash shops are increasing quickly, and people are happy to send their cars there. In Taiwan, hand-washing cars is more popular, because the customers think using hands to wash is softer. It does not damage the pain of the cars, and it is a luxury way to take care their cars.
Kevin Car Wash (¨‘KCW) business is a newly established car washing company located in the city of Kaoshung, in the south of Taiwan. ¨‘KCW was established to
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¡¤ The need to have a fairly constant volume of business to support the necessary service staff.
1.4.3 Opportunities
¡¤ Participation within a steadily growing industry.
¡¤ A high likelihood of repeat business.
¡¤ The ability to decrease the fixed costs as a percentage of an individual sale as volume increases.
1.4.4 Threats
¡¤ Future/ potential competition from a franchised firm.
¡¤ A slump in the economy, reducing discretionary spending.
¡¤ The perception that there is not a difference in quality between a hand and machine wash.
1.5 Business Objectives
1.5.1 Financial Objectives
Long Term
¡¤ Develop efficiencies in the delivery of the service through advanced training and work-flow analysis.
¡¤ Achieve a double d Achieve a double digit growth rate each year for at least the first three years.
Short Term
¡¤ To maintain our budgets being stable.
¡¤ Increase the profit margin by .5% a quarter.
1.5.2 Strategic Objectives
Long Term
The single objective is to position ¨‘KCW as the premier automobile hand washing company in the area, steady increasing market share. The marketing strategy will seek to first create customer awareness, develop a customer base, and work toward building customer loyalty.
The message that ¨‘KCW will seek to communicate is that their hand washes are superior to the machine washed alternatives that can actually cause harm to cars. This message
To ensure effective hand washing is carried out when working with service users, giving personal care, handling/preparing food.
4. Based on these results, what is the importance of soap and time for effective hand washing?
Hand washing is the topic for Community Teaching Plan. Hand washing means to wash hands with water and soap, but sometimes without soap to remove the dirt, soil and microorganisms from the hand. Author explains the importance of handwashing, indications proper technique of handwashing. This also covers how handwashing helps in control of disease and infection.
Profit is the money that a business earns in revenue, minus investments, and the cost of salaries.
The overall performance of the carwash is excellent; the workers finish up the car with no flaws and I make sure that the customers get treated in a professional manner. I know that I have only worked for a few months and you don't think it's a good time yet for me to
(Name of the Company) is a promising projected premier car wash & detailing service that will cater to and serve the Colorado Springs, Colorado auto enthusiast. Our initial location for operations will be in the northern part of the Colorado Springs area, but our clientele will encompass individuals/ or their families from across the wider Colorado Springs area. (Name of the Company) will be operated under the principle ownership of; Ricardo Arellano, Allen Guggisberg, James Mathews, Richard Molina, and Jonathan Arango-Ruiz. Ownership for the forthcoming business has a solid foundation under the guiding leadership of former, and retired military veterans.
* To ensure effective hand washing is carried out when working with service users, giving personal care, handling/preparing food.
Hand washing is the best defense against viruses and bacteria. Proper hand washing stops the spread of many diseases and infections. It's such an easy thing to do to help safeguard our family's health.
For us Americans the car is not just a helpful machine that helps us get around. The “sacred” American car is one of the most important status symbols of The American society. The newer and more expensive somebody car is a, the more well-off it’s driver is presumed, in reality that is not really the case. Many Americans in todays
This threat is low. Customers expect the lowest price for the highest quality, and information about competitors’ pricing is transparent. This leads the industry to the lowest acceptable rate of return. Buyers can switch easily without any cost, and can bargain for better, new and cheaper services. Their bargaining power/the threat is high. Alternatives to our services do exist, such as maid/house cleaners, but there are not many significant options. There are no switching costs, and elasticity is high. (If our prices rise, substitutes could extend and become a threat) Thus the threat of substitute products is moderate. Due to the lack of differentiation and zero switching costs, the intensity of competition is strong in this industry. Companies will have to battle to remain in the business; the rivalry is high and intense.
We all know that we can pay to get our car washed, but why pay the expensive price of a professional when you can get the same results doing it yourself? You will save money and have the satisfaction of doing it yourself.
Starting a new business is an exciting venture and has its unique mix of challenges and rewards. Many are set-up for failure if no clear goals or measures are established and adhered. According to the Small Business Administration, “Planning is critical to successfully starting and building a business.” The best advice for a new entrepreneur interested in starting a business is to create a solid business plan that outlines the business in its entirety. A well-constructed, written business plan will help owners remain focused on their operations, marketing and financial measures through the duration of the business life. In addition, knowing the risks involved in starting a business can help prevent and minimize mistakes that cause many
According to Kartha (200!), many people consider handwashing a waste of time. However, they are unaware that
➢ Fixed costs - with high fixed costs as a percentage of total cost, companies must sell more products to cover those costs, increasing market competition.