Thursday, 8 October 2015

Resource

Resource Sufficiency
*      The following non-financial resources will help Komz House successfully execute its business plan:
        Industry expert
        Expertise in Management, strategic planning, and managing a family owned business.
        Entrepreneurship experience.
        Party planning and early childhood development background
        Sales, marketing, and training experience

Resource Gaps
*      Resource gaps will be filled through outsourcing the following:
        Marketing needs beyond what the team can provide (media, printing, brochures, advertising, etc).
        Finance, Accounting, Human Resources,
Legal, and Information Technology.
        Catering of food, snacks, and birthday cakes will be outsourced initially. 
*      As the business grows, future hires will provide core competency in:
        Catering
        Party planning

Location
Why is the firm located here?
*      Ideal location based on customer demographics
        Middle to high income earners
*      Prefer a residential location
Describe geographical location of the firm:
*      Location Shah Alam
Is your firm near a cluster of similar firms?
*      Direct competitors not closely located
*      Substitute competitors in general location

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