VI.

Product or Service

Product or Service Description

XYZ Social Enterprise will provide a comprehensive line of upcycled fashion

products for all ages to combat fast fashion. Since the standard customer seeks

fashionable products and excellent services at competitive prices, the company will

focus on providing upcycled clothing pieces such as shirts, dresses, and trousers,

and fashion items such as tote bags and hats from used and existing clothes that the

business will collect from their community. These manufacturers have a widespread

reputation as mid- to high-level quality, unlike equipment typically found in the rental

market.

The following is a breakdown of anticipated rental price points, per day and per

weekproduct:

Bicycle $30 $120

Helmet $6 $30Tops (T-Shirts, Blouses, Tank-tops): Php 150-300

Bottoms (Shorts, Pants, Skirts): Php 150-350

Hats: Php 100-200

Tote Bag: Php 100-150

(Etc.)

Notes:

Customers can extend the rental term choose from a huge variety of clothing pieces

that are available and have it transformed into something that is according to their liking

even when it is not originally available from the company’s selection.online without visiting

the store.
 Company ActivitiesA grace period of two hours will be applied to all rentals;

customers who return equipment within that two-hour period will not be charged an

additional fee.

Competition

Blue Mountain Cycle Rentals will have clear advantages over its primary competitors,

the bike shops located in Harrisonburg, Virginia:

Newer equipment inventory with higher perceived quality

Price points 15 percent below the competition

Online renewals offering greater convenience

A liberal return grace period that will reinforce our reputation as a customer-friendly

rental experience

Future Products

Expansion will allow us to move product offerings into new equipment sales. We will

also explore maintenance and fitting services, leveraging our existing maintenance staff to

provide value-added services at a premium price.

(And so on...)

When you draft your Products and Services section, think of your reader as a person

who knows little to nothing about your business. Be clear and to the point.
 Think of it this way: The Products and Services section answers the "what" question

for your business. Make sure you fully understand the "what" factor; you may run the

business, but your products and services are its lifeblood.The first step, the company will

initiate undertakings wherein they will go to different communities to encourage the citizens

to drop-off their used clothes, wherein they have an option to donate it, or exchange it for

cash accordingly. After collection, the company will start to upcycle it, the workers who will

make these are the unemployed PWDs and Senior Citizens who are willing to work but have

not given the chance to. Their job will be based on their capabilities they could offer. The

company will also encourage them to join trainings and seminars to help them upskill. The

upcycled clothes will be sold to the market and the proceeds will be used for funding to

continuously run the business and expand the company’s network. This will encourage more

people to help the unemployed citizens around the country and help lessen the amount of

cluttered clothes and live more sustainably.

VIII. Social Purpose

Who will benefit?

Why is there a need for your social enterprise?

How will running your social enterprise meet that need? What type of social

enterprise is it? Non-Governmental Organisations with commercial arms, a non-profit

organisation that does not rely on grants and donations, but instead earns income through

selling goods and services. Social firm, a business set up to create employment for those

most severely disadvantaged in the labour market

Figure x. Stakeholder Analysis