Feasibility Study
Business Name: Girls Gourmet Candles
I. Introduction A. Background of the study We chose scented candles as our business product because this kind of product is very appealing to the masses. Products and Services are very important because they provide satisfaction to every consumer. We were all thinking and suggest of almost the same products, and we thought that a lot of group already came up with those kind of product. And so we thought, why not try candle making and give our own twist to it. We already have had some experiences when it comes to making crafts like clay molding and designing wick an help us in making our product. B. Objectives Our main objective in conduct the feasibility study is to know the strengths and weaknesses of our business, so that we will know whether it will prosper or not. And also we are conducting this study to know if people would buy our product. The following are our objectives: * To be able to satisfy our buyers * To be able to create unique products * To be able to provide quality products
C. Methodology * First we will establish our business inside our city where consumers go. * We will advertise our product in many ways, like using the internet, printing flyers ad others. * For the first month, we would produce limited stocks only. We will also try to hire few workers only. * If the business is successful for the first 4 months, we would try to ship and sell it to other places. We will also increase the number of employees. * After one year we will establish new branches for our business. Then we will also try to sell abroad. We will also try to supply to different establishments that would use our product. We would conduct our survey through asking first our friends, relatives, etc. Then would try to go to the market and ask people on what they think about our product. We could also conduct surveys through the internet.
D. Definition of Terms Candle molder-
I. Introduction A. Background of the study We chose scented candles as our business product because this kind of product is very appealing to the masses. Products and Services are very important because they provide satisfaction to every consumer. We were all thinking and suggest of almost the same products, and we thought that a lot of group already came up with those kind of product. And so we thought, why not try candle making and give our own twist to it. We already have had some experiences when it comes to making crafts like clay molding and designing wick an help us in making our product. B. Objectives Our main objective in conduct the feasibility study is to know the strengths and weaknesses of our business, so that we will know whether it will prosper or not. And also we are conducting this study to know if people would buy our product. The following are our objectives: * To be able to satisfy our buyers * To be able to create unique products * To be able to provide quality products
C. Methodology * First we will establish our business inside our city where consumers go. * We will advertise our product in many ways, like using the internet, printing flyers ad others. * For the first month, we would produce limited stocks only. We will also try to hire few workers only. * If the business is successful for the first 4 months, we would try to ship and sell it to other places. We will also increase the number of employees. * After one year we will establish new branches for our business. Then we will also try to sell abroad. We will also try to supply to different establishments that would use our product. We would conduct our survey through asking first our friends, relatives, etc. Then would try to go to the market and ask people on what they think about our product. We could also conduct surveys through the internet.
D. Definition of Terms Candle molder-