Business planning
The business planning is to redevelop the kalaisai building. For it has been built many years and after the field survey I found the place is old, dirty and disordered which cause it does not has many consumers. So the building needs to be redeveloped. My plan is to change the kalaisai into a megastore with shopping, entertainment and lie fallow. Bring more modern element into the building to make it young and fashion to attract more consumers. Here are some details about the redeveloped.
First, redecorate the building from the outside into the inside to directly change its appearance. Second, sell cosmetics, personal ornament and so on which fit all ages of consumers on the first floor. Third, sell the clothes which suit the middle age or even more older consumers for the male and female on the second floor. Forth, sell the clothes which suit the young people for the male and the female on the third floor. The products which sell on the three floor should be some well know brands in the middle level. Fifth, make a gymnasium on the forth floor.
1 THE ROUTE FROM CONCEPT TO COMPANY
1.1 Success factors
Having an idea is just the beginning of the creative process. Many entrepreneurs are initially infatuated with their inspiration, losing sight of the fact that their idea is the point of departure for a long process of development which must face and withstand, tough challenges before it can enjoy financing and market success as a mature business concept.
Money is another factor. Without somebody who invests money into the redeveloped the Kalaisai to grow it into a viable business, this business will never become a reality. From early on, therefore, much attention must be paid to convincing investors to provide the necessary funding. For my idea is just redeveloped the building so this project do not need to much money.
This project is not a one-person job. It can only succeed with a team. So three to five entrepreneurs are...