Business Policy & Strategy Portfolio Project Essay

Business Policy & Strategy Portfolio Project - Essay Example The business will provide these students with door to door collection and distribution of the torn cloths and cloths that require laundry services. The Laundry and cloth repair business will solve problems such as saving University Students time, saving the Environment from degradation, and boosting Food Security among other others. The business is also sustainable in that it boosts food security, conserve our environment, as well as solving some of the Problems University Students face among others. In to prove the feasibility of the business, market research, and SWOT and Value chain analyses were carried out. The SWOT analysis was carried out in order to identify the expected Strengths, Weaknesses, Opportunities and Threats that the business may face. The Laundry and cloth repair business Idea In today’s economy, people are normally busy (they always work, they always learn, committed in entertainment, and in schools and among others) such that they do not get time to do ce rtain basic things of their lives such as laundry services and repair of their torn cloths. ... However, not all of them offer door to services to these busy students. Therefore, students had to waste their precious time taking their cloth for laundry services or to be repaired in case they are torn (U S Bureau of the Census, 2002). Some students may also love some of their cloths such that they may not wish to dispose them off in case they get torn. Therefore, my business will be engaged in providing laundry and cloth repair services for University students in the United States of America. The business will provide these students with door to door collection and distribution of the torn cloths and cloths that require laundry services. Rationale for the Business Idea Entrepreneurs by nature are individuals who solve problems, as wells as opportunity oriented; these are just a few of the many characteristics of entrepreneurs (Hunter, 2000). Therefore, as an entrepreneur I thought it wise to come up with the business idea so as to be part of those who solve problems that normally face our society today. My business, therefore, aims at solving several problems which face our society today. Problems Laundry and cloth repair business will solve Saving University Students time The target customers (target group) for the business are University Students across the United States of America. Just as earlier mentioned, these students are so committed to their studies, research and entertainment activities such that they have very little amount of time to concentrate on the basic aspects of their lives; they hardly get time to do their laundry services or even repair services for their torn cloths. The business also intends to further offer free collection and distribution services to these