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Business Plan Innoventor & Co.
Business Plan Innoventor & Co.
Business Plan Innoventor & Co.
Contents
Executive Summary.............................................................................................................2
Company Background.........................................................................................................3
Definition of Vision....................................................................................................................6
Definition Mission......................................................................................................................6
SWOT Analysis...................................................................................................................7
Strengths.....................................................................................................................................7
Weaknesses................................................................................................................................8
Opportunities..............................................................................................................................9
Threats......................................................................................................................................10
Marketing Plan...................................................................................................................12
Market Positioning...................................................................................................................12
Market segmentation:...............................................................................................................13
Marketing strategy....................................................................................................................13
4P Analysis...............................................................................................................................14
Intellectual Property (IP)...................................................................................................20
Growth Strategy.................................................................................................................20
Financial Projection...........................................................................................................21
Funding Plan......................................................................................................................21
Financial Analysis.............................................................................................................21
Summary............................................................................................................................34
Reference...........................................................................................................................36
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Executive Summary
This project was undertaken to look into and evaluate the case of Innoventor &
Co. The aim was to see what, if anything could be done to boost performance and
profitability levels of the company.
Analysis was used to identify the company’s individual strengths, weaknesses,
opportunities and threats. A marketing plan was then devised to remedy the various
weaknesses, mitigate threats and to take advantages of opportunities and strengths. To
finalize things a financial plan was drawn up to assess the viability of the proposed
solution.
The result shows that Innoventor & Co. (explain performance outline key
strengths of the management to be able to implement the strategy., what does the
company need to do like example needs to invest on)
Company Background
Basically the company background which the maple Concept stores are privately
owned by fancy fashions Sdn.Bhd. Their first store at Jalan Sultan in 1996 and they
achieve good customer respond and their started to opening other stores mostly in Kuala
Lumpur and Seremban. FF-Maple concept store offers four main product lines that
include ladies and men’s fashion begs through 13 retail stores. This company main
product lines include fashion clothes and bags through 5 Maple concept shops and
Maple-z.com Online Store.
The services include free repair bags zipper, booking product and free delivery
merchandise to increases the customers’ satisfaction. In Maple’s world, you will find the
concept, design and product range to be unique and different from others in town. It is
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Maple’s aim to continue to provide fresh and exciting new looks for the unique
individual. The uniqueness and the product range different concept. FF-Maple is a more
on the youthfully lifestyle which more on trendy and fashionable products (accessories
and apparels) that bring freshness and vibrancy to life. The founders and the management
team started Maple at very young age and are still young. From the development it proves
that they are innovative, entrepreneurial, passionate and always young at heart of the
company. Through the experiences, the maple continues to enterprising management
team has designed all the maple products and store layouts to create the best shopping
atmosphere to allow the customers to feel the pleasure of indulging in young fashion.
Other than that Maple generation is forever young, fun and passionate to explore the new
and limitless world of fashion. For instance the maple changes its colour in different
season, the maple represents the evolution and dynamism of today’s youth .Everyone has
the maple in the heart, in the mood, in his/her zone and life. Besides that, the company
has their own philosophy whereby
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Company Structure
Business Department
There are totally 6 main departments in Innoventir & Co.:
Production department
The Production department generally handles design, product and inspection new
production. This department has 30 staffs.
Marketing department
For the marketing department in FF-Maple, there are 23 staffs among of them there are
20 staffs in Maple Concept store, another 3 staffs in charge trading in Maple-z.com
online store. They cooperate to do the research and observation on the current market. It
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is very important to let the marketer know the trend, when the marketers know the trend
it can help FF-Maple improve the sales of the company.
Accounting department
The accounting department is responsible for keeping tab of dealings regarding the
financial issues.
IT department
The IT department is generally handles the company hardware and software problem, it
mainly perform the hardware maintenance and update software that ensure the daily
operation smoothly.
Definition of Vision
Innoventor & Co. vision “…”
Definition Mission
Innoventor & Co. mission “…”
Innoventor & Co. mission above …
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SWOT Analysis
Innoventor & Co. is a small company in what is a heavily competitive umbrella industry.
A viable product solution is dependent on accurate analysis amongst other things of
Intellectual Property, Market Needs, Customer Value Proposition (CVP) and
Competitiveness. These and many other factors may be analyzed using the SWOT
analysis.
Strengths
Weaknesses
Opportunities
Threats
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Marketing Plan
We have several suggestions for the Innoventor & Co. Company which we feel would be
greatly conducive to business quality/levels. The current strategies in use by the company
are highly inefficient and leave much to be desired. The company can achieve much
greater heights if it were to implement certain choice strategies.
Market Positioning
Market segmentation:
Marketing strategy
4P Analysis
Product:
Quality
Price
Low Price
Place:
Outlet
Internet
Promotion:
Magazine and Radio advertisement.
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Internet website
Discounts
Growth Strategy
Financial Projection
Funding Plan
Financial Analysis
Capital Requirement
Structure of Financing
Financial Forecasts
Reference
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