Small Business Development Can Beauty Parlour Marketing Essay

Small Business Development Can Beauty Parlour Marketing Essay This reflective report will describe my own role in helping the team to achieve its goal in relation to the Business plan. Also I will provide evidence of my involvement to the success of the team from the idea initiation and how I facilitated the completion of the Business plan. It started like this, I was arranged in a group of three members, a team with other group mates which were all new to me. Although we were in a same class since the beginning of the course but I was not close to them. Our group seems to understand each other quickly because of the good communication. We always solved easily problems encountered through out the exercise. As a group we were performed different tasks in making a business plan. The aim of this business is to acquire a loan from a bank, so as to help our salon CAN Beauty Parlor to start the business in relation to capital and assets. Afsa was responsible for the marketing , Christine had a task of future beauty fashions operations as well as identifying the competitors and I was responsible for preparing financial projections through the input from Afsa and Chrisstine The report also illustrates the Team work, our mutual interest as a group, idea initiation process and the experience achieved from presenting the business plan and as well as my personal views towards the whole business plan. The business plan has allowed us to work as a group and also learn of the industry as a whole and we were able to apply the academic theories we learned throughout our course . 1 TEAM WORK CAN beauty parlor came to be a perfect choice of our mutual interest of the whole group. Our group consistent of three people eager to carry out our tasks in relation to the writing the business plan. We started by splitting the tasks so that we could have competition to see who achieve the task goals as we planned. My team included Afsa Bhanji, Christine Mkwawa and myself We as a group were allocated different tasks in order to form the business plan. Afsa was responsible for the marketing, Christine had to analyse the industry and identify the competitors and I was responsible for preparing financial projections through the input from colleagues of our beauty parlor The three of us were not conversant with each other although we have been studying in the same college for some years. and we were not engaging in regular conversation during the classes so it was not easy for us to work as a team. But all three of us had an interest in setting up a beauty outlet where people will come and get quality service different from others. We came over Five stages of group development; i.e forming, norming, storming, performing and adjourning. Although the norming stage took a while but after knowing each other well the rest of the stages went much easier. As we have now completed our business plan we have finished up the adjourning stage. Christine , enjoys regular visiting most of the famous salons in town. She is a beauty lover and is always up to date with the upcoming fashions. She has contacts with several people that performs beauty at different venues in Dar es Salaam. Her strength is awareness of popular beauty trends. Afsa too is a beauty lover. Her beauty interest includes of nails, hair , and skin. She currently participated in a beauty contest in Tanzania her strength is being well conversant in the beauty industry. Myself, I dont have much interest in beauty but I love running a hotel my strength in this exercise was identifying the opportunity as I related the organic restaurant by seeing the opportunity of opening a salon using natural beauty products. We worked as a team with acknowledgement of everyones contribution related to the tasks, we coordinated and make sure we achieved our goals. 2 PROCESS OF IDEA INITIATION Our team wanted to initiate an idea which will be effective and being able to achieve the goals in the business we planned as a our group. As a team we all put forward suggestions to come over one effective Idea. Industry situation of the current market was our first priority before choosing the idea. Our discussion included:- 1. An Organic Restaurant The idea was good as the Industry is very profitable, as there is no many such restaurants which makes the business less competitive. But we hesitated getting into this business as all of us had any experience on the said business. Then we dropped the idea. 2. Dry cleaning Business . Several dry cleaners are operating in the markets. People today require this service to make their life easier. But due to investment costs to buy the modern machines and due the lack of experience in that field we deduct chose the idea. 3. Beauty Parlor. The final choice was to open a beauty salon. The whole idea was a bit difficult as how our project will succeed while they is a fleet of salon in Tanzania. We came out with the Idea of differencing ourselves from other by opening a Beauty Salon by using Natural Beauty Products. Our final choice which was a beauty Parlor was an interest of the whole group. process of idea initiation has been very difficult to us as we had to take risk by introducing natural beauty products which is the new product in the beauty industry. What we had to do was laying out strategies and make sure we implemented them accordingly. 3 PRESENTATION EXPERIENCE Presenting the CAN Beauty parlour to our tutor allowed us to see the other side of our business plan. After passing through the pages of the written business plan; obvious would come out with several questions to the parts that needs more elaboration. We were informed of executive summary was too brief as doesnt show everything in our business plan, we were needed to elaborate a bit more. We were also needed to draw a graph showing the break even point. Presentation always adds weight to the Business plan as the investors may have a clear picture as the presents will be able to deliver what is need from the investors, question will be answered and criticism can be responded during the exercise of presentation. Presentation is a good experience as the panel can ask questions and need elaborations as we can communicate orally which will hell the business man to defend the projections written in the business plan. 4 ALTERNATIVE SCENARIO The beauty Industry is tightly come but only self I can optimistic to the group of our Beauty Parlour as per business plan. As we differentiated ourselves by using the natural products our business will be able to increase its profit by 5% every year as we projected in our financial parts. The services we offer will attract many people as the product are new in this Industry. Our service will be delivered by professional staff which will make our parlour more popular once customers experience our services. Another factor that greatly effects our growth is our initial geographic location. CAN beauty parlour will be located in Masaki near the shopping mall and tourist hotel. Our target market is a small portion of the population compromising of the middle and high income earners who are either employed or operate their own business. Our initial location will tend to gain the business of these customers due to the traffic. Lastly, the demand for healthy beauty products we will be able to make a good business as the health concern is the major issue among the people living in urban areas 5 ACADEMIC THEORIES IN THE BUSINESS PLAN We were able to apply to our project a shared leadership once we divided our team in three different parts according to the tasks we were able to take responsibilities for different parts of the business plan. We learned that everyone can work towards a common goal and there is no need to be just one separate leader.   Every member has a share in helping to lead the group. With the experience of leadership we also showed the importance of being ethical leaders, Ethical leadership is very important in any organization. . We were also able to analyse the current situation of the beauty industry attractiveness and profitability by using Michael Porters five forces. The Business plan was a great example for us to apply our knowledge of our academic theories. Our small group was able to make our business plan very effective since we had meetings every week we were able to keep it going without much toil. Another topic which came to our help is the SWOT analysis this frame work helped us to identify our competitors and where our firm stand by identifying our strengths and weaknesses, and also the business model the use off differentiation strategies here we displayed our competitive advantage using the natural beauty products which is different from our competitors. The use of the those theories helped us to increase our knowledge as we applied the in the real situation and see it working. By using the roles in making the business plan will help us a lot in our effort to make our job easier in the future. . 6 ADVANTAGES AND LIMITATION OF BUSINESS PLAN The main importance of the business plan is the industry analysis as well as market plan. It is through the industry analysis that businessman will be able to fully known the current market situations and also thoroughly identify it competitors. The industry analysis allows an entrepreneur to initiate the first decision whether to enter the market as well as the final.. A well written Business Plan is the true picture of any business because it gives details on how you plan to serve your customers and retain them. The Business Plan is important to any business as it is based in operation and management plans. Referring to our business plan the Industry analysis is will give our business an advantage to fully view the current market situation and thoroughly Identifies our competitors, and also help in knowing our competitive advantage which in this case is the differentiation strategy on our services using the natural Beauty Products. A well written Business Plan make implementation of strategies easier and helps to increase business market share. But the disadvantage could be As we projected that our financial growth will be 5% every year, this will be actionable if the implementation of the strategies will be as planned. Comparing to the actual operation the projected growth in the business plan could be wrong. 7 OTHER AREAS AND CONCLUSION The overall process of developing the business plan was very challenging. As different individuals are involved, it is difficult to come up with one point of view and hence there can be a few of disagreements and then to see the situation again and come to the final decision. I enjoyed making the business plan of the CAN Beauty Parlor with my team members. In the process, I learnt a lot of things about the Salon industry in our country. We took up the chance of introducing the salon services by using the natural products and we are certain that the business will achieve growth or expansion in the future. Conclusions I have benefited from the Business Plan writing in a number of ways: 1. I enjoyed making the business plan of the CAN Beauty Parlor with my team members. In the process, I learnt a lot of things about the Salon industry in our country 3. The overall process of developing the business plan was very challenging . Areas of Improvement I think that the Business Plan writing can be of greater relevance if more time is allowed for sitting together as a team. I have I now realize that getting business done as projected requires much more knowledge and practice of a written Business Plan Lastly, I would like to thank Afsa for her cooperation throughout the exercise in the team and whenever I was stuck she gave me advice, she was always there to give me a hand.. 8

“A Conversation with My Father” by Grace Paley

Grace Paley combined several elements and devices in her short story â€Å"A Conversation with My Father†. The most striking themes in this short story are abandonment and family relationships.In this new story, the daughter is describing facts, whereas the father wants a more complete description, full of details. Following this, we see that the daughter prefers to be optimistic, while the father prefers reality.This is illustrated by the following quotes: â€Å"No, Pa, it could really happen that way, it’s a funny world nowadays†, and to this, the father replies â€Å"No†¦ Truth first. She will slide back.† Her story describes the life of a mother and her son, and how she becomes a junkie to remain close to her son, who has become a junkie. In the end, the son quits the drugs world, but the mother cannot.Her son leaves her, introducing the element of abandonment in the story. This theme is pursued further, but in between lines. For example, the son left his mother at a critical time, when she needed him most, whereas the narrator stayed with her dad, even in his dying days.The father does not believe that the woman in his daughter’s story is strong enough and that even though she manages to quit doing drugs, she will fall back. I would tend to agree with him, because a lot of substance abusers, who quit, eventually, fall back. Her story is too optimistic, with a sense of denial for the tragedy.As the story ends, the father says â€Å"Tragedy! You too. When will you look it in the face?† Again, here we wonder whether the tragedy refers to the mother/son situation, or the fact that he will be dying soon. Earlier on, the father had said â€Å"what a tragedy. The end of a person.†And again, here the daughter refuses to accept that this is the end†¦whether it is the end of the mother or her father. This all relates to hope. When she started her story, she was determined to have hope in her story, to demons trate that â€Å"everyone†¦deserves the open destiny of life.† I find it ironical, as she tries her best to present the story with an open end, with plenty of hope. However, when she read the story, her father says that it does not communicate hope.It’s the â€Å"end†. On a lighter tone, there is another obvious pair of ironical sentence. The father says â€Å"Doesn’t anyone have the time to run down to City Hall before they jump into bed† and to this his daughter replies â€Å"In real life, yes. But in my stories, no.† I find this ironical, as nowadays the opposite is true.Today, in real life, people jump to bed and then get married, or never get married. This is a contrast between then and now, and how the people, as well as literature, have changed.

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The Accomplishments of Queen Isabella and King Ferdinand...

Many people have heard of King Ferdinand and Queen Isabella of Spain. However, only some know of all the things they accomplished. They might be best known for funding the voyages of Christopher Columbus, but they also greatly contributed to the unity of Spain (â€Å"Isabella l†). Together, they brought many kingdoms on the Iberian Peninsula together to form what Spain is today. Through Spain’s unification, King Ferdinand and Queen Isabella strengthened Spain into an economic and dominant world power, enabling the spread of Christianity and the colonization of a New World. Before the marriage of Ferdinand and Isabella, the Moors were in control of much of the Iberian Peninsula. They desperately wanted to unite Spain and turn it into a†¦show more content†¦When Granada was finally taken control of, Isabella and Ferdinand began to take notice of Columbus’ proposition. They realized that the outcome would be very beneficial to their kingdom, and it would no t cost much money for them to fund the expedition (â€Å"Queen Isabella’s Influence in the New World†). They had also recently discovered some islands to the west, so they thought there could be more. They concluded that funding Columbus was worth the effort (In Depth Info). Ferdinand and Isabella knew that in order to bolster Spain they needed new sources of funding themselves. They turned to the pope and he gave them rights to build the Catholic Church in areas where the Moors had been driven from. He also published decrees giving them control over the funds in the Americas. The Church became a crucial utensil in developing royal absolutism. The New World also proved to be a great source of revenue for Spain (â€Å"Ferdinand V†). Columbus started out on his first voyage in the middle of 1492. It turned out to be a great success and he won Spain many places in South America. The king, queen, and the people of Spain were pleased with Columbus. Isabella immediat ely ordered him to sail again. On this second voyage, he formed the first European settlement in the Americas. Colonists that accompanied him began to criticize Columbus and his adventures. However, Isabella continued to support him. Columbus alsoShow MoreRelated Queen Isabella I Essay1198 Words   |  5 Pagesroyal decedents. She became Queen at the age of twenty four. She was the first women to be on an US commutative coin. Who is this very accomplished person? Queen Isabella. Bold and daring, Queen Isabella accomplished many things in her thirty years of rein as Queen of Castile and Aragon. Queen Isabella was born on April 22, 1451 in Madrigal, Old Castile. Her mother was Isabella of Portugal and her dad was John the II of Castile. Her mom and dad were King and Queen of Castile. 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Some are a legend, andRead MoreThe Discovery Of Christopher Columbus1474 Words   |  6 Pagesnavigated the famous â€Å"Santa Maria† and two other smaller ships across the Atlantic Ocean in search of Asia. Inadvertently, Columbus and his crew arrived in the New World for one clear objective, to find a long term source of wealth for the King and Queen of Spain. In return of these new riches, preferably gold, he would be rewarded with ten percent of the profits and governorship over newfound land (40). This objective soon turned Columbus towards a search for his own power. Upon first arriving inRead MoreA Disappeared World By Chris Lowney1545 Words   |  7 Pages A vanished World written by Chris Lowney chronicles the daily life of the Jews, Muslims and Christians, living in the Muslim kingdoms in Medieval Spain. He covers different spectrum of this world that was torn by religious antagonism. In Medieval Spain, in the medieval Spanish villages Muslims, Christians, and Jews rubbed shoulders on a daily basis. They shared irrigation system, bathhouses, municipal ovens, and marketplaces. But they created a system that made everything work efficiently. MedievalRead MoreSephardic Jewish Pirates and the Caribbean Connection3050 Words   |  13 PagesCAME TO JAMAICA It was January 1492. King Ferdinand and Queen Isabella of Spain had finally conquered the Moors and the royal coffers were empty. In return for Christopher Columbus’ courageous expedition to chart a new water route to India, King Ferdinand agreed to the condition that Columbus and his descendants would rule any new land he discovered on his way. The stipulation of hereditary rule for Columbus was crucial to Jews situated in Spain on the eve of the expulsion. Where couldRead MoreAp European History Outline Chapter 10 Essay example5639 Words   |  23 Pagesprovided humanists guidelines for the standard of education and etiquette to which a member of court ought to aspire * Christine de Pisan wrote many poems, but most notably The Treasure of the City of Ladies, which was a chronicle of the accomplishments of the great women of history * The Florentine Academy and the Revival of Platonism * Unlike their medieval predecessors who embraced Aristotle, Renaissance scholars embraced the Greek scholar Plato * Platonism appealed