P1 Unit 3 Business
In this part of assignment, I will be explaining the issues a business would need to consider to go online.
I have chosen a business called Hot-wishes which my colleges and I are going to do in about 5 month’s time.
If this business decided to go online, it would need to consider these issues:
1. Planning issues:
Suitability of the business for an online operation – Deciding, whether it is a good idea to operate our small business online. ‘Hot-wishes’ would decide to go for it as we could increase sales; become well known... However, there would be also some negative points – we would need to get more people in our team to handle the online operation; there would be more work to do for all of us as well.
Choice of domain name – Website’s …show more content…
Distributional issues
Scale of the business – If ‘Hot-wishes’ was selling goods within the UK, there shouldn’t be a lot of problems with distribution, however, when selling goods on a global basis, for example, the company may have concerns including special documents to comply with customs and shipping regulations; special labelling or packaging; choosing the best method of transport – this depends on the type of goods and the destination; insurance in case something happened to goods – if they’re damaged or lost.
Special types of goods – There are some types of goods that need special attention: fragile goods must be packed with bubble wrap or other protective material and they have to be clearly labelled as well; perishable goods are usually transported in special vehicles (refrigerated lorries) because they must be delivered promptly; hazardous goods must be labelled by special paperwork (Dangerous Goods Note).
Ease of distribution of services – If ‘Hot-wishes’ was providing some kind of services, it would be cheaper and easier distribute it globally than distributing goods, as there is no need to physically move anything. Apart from, VAT, most costs will relate to managing and administering the service, for example, downloading software, booking flights online and reserving hotel rooms and so
I have chosen a business called Hot-wishes which my colleges and I are going to do in about 5 month’s time.
If this business decided to go online, it would need to consider these issues:
1. Planning issues:
Suitability of the business for an online operation – Deciding, whether it is a good idea to operate our small business online. ‘Hot-wishes’ would decide to go for it as we could increase sales; become well known... However, there would be also some negative points – we would need to get more people in our team to handle the online operation; there would be more work to do for all of us as well.
Choice of domain name – Website’s …show more content…
Distributional issues
Scale of the business – If ‘Hot-wishes’ was selling goods within the UK, there shouldn’t be a lot of problems with distribution, however, when selling goods on a global basis, for example, the company may have concerns including special documents to comply with customs and shipping regulations; special labelling or packaging; choosing the best method of transport – this depends on the type of goods and the destination; insurance in case something happened to goods – if they’re damaged or lost.
Special types of goods – There are some types of goods that need special attention: fragile goods must be packed with bubble wrap or other protective material and they have to be clearly labelled as well; perishable goods are usually transported in special vehicles (refrigerated lorries) because they must be delivered promptly; hazardous goods must be labelled by special paperwork (Dangerous Goods Note).
Ease of distribution of services – If ‘Hot-wishes’ was providing some kind of services, it would be cheaper and easier distribute it globally than distributing goods, as there is no need to physically move anything. Apart from, VAT, most costs will relate to managing and administering the service, for example, downloading software, booking flights online and reserving hotel rooms and so