Operations, Technology, Management, and Social Responsibility Plan
Operations, Technology, Management, and Social Responsibility Plan (With Financials)
About my company:
The Bills Group, LLC is a newly established company with our main location in the central part of Brooklyn Park, Minnesota, USA. The business will operate as a bottled water production plant for the sole purpose of distributing, sales, and meeting the utmost satisfaction of bottled water consumers, within 100 miles of Brooklyn Park and it’s environed. Our product name: “Brooklyn Water” was chosen to directly appeal to the consciousness of our customer base, who are mostly residents of the community.
Product: Bottled Mineral Water Production (based on my research, I chose bottled water production as the product of my business due to the rising demand for bottled water consumption across America, and with specific emphasis on “purify water” within the Brooklyn Park city, Minnesota, USA)
Product Name: Brooklyn Water (I chose the brand name of my product to be “Brooklyn Water” to appeal to my strategic client base who happens to be residents of the Brooklyn Park community and it’s environed. My initial marketing strategy will be “Direct Marketing’’ which will consider 100 miles radius from my residential address. But with online presence as well.
- Location: Brooklyn Park, Minnesota, USA
- Facility: Rental
- Date of Operation: July 2021
- Faculty: CEO, Operations Manager, Plant Manager, Marketing Manager, Employees; 2-Full-time, 2-Part-time
- Initial Budget: 80,000.00
- Projections; $1M in Two years in Sales
In this assignment, you will focus on these sections of your business plan:
- Operations.
- Technology.
- Management.
- Social Responsibility.
- Financials.
You will revise the Operations, Social Responsibility, and Financials sections based on the feedback you received in the discussion threads and any changes you want to make to your business plan.
The Technology and Management and Organization sections are new. You have not worked on these sections in your discussion threads.
The assignment consists of two parts:
Part 1: Business Plan
Write a 4–8 page paper, in MS Word, in which you provide the specified information in each section.
Instructions:
- Create an operations plan for your selected company expanding on each of these topics:
- Facilities. (Rent) $1,000.00 Monthly
- Consider questions such as these regarding facilities:
- Will you rent
- If you are renting or buying your facilities, what utilities will be required to run the operation?
- What will be the costs associated with any necessary utilities?
- Consider questions such as these regarding facilities:
- Production Process or Description of How Your Business Will Operate If Retail or Service Company.
- Include any equipment you plan to use, if applicable.
- Research needed equipment, such as machines, refrigerators, burners, ovens, and so on.
- Will you rent or buy needed equipment?
- How will you maintain and clean the equipment?
- How will you ensure quality control?
- What capacity do you intend to reach?
- If you have a retail or service business, consider any equipment you might need in your process.
- Explain your approach to inventory, as applicable.
- Where do your supplies come from?
- What is your turnaround time to produce your product once you have received an order?
- Include any equipment you plan to use, if applicable.
- Research and Development.
- How will you stay abreast of new developments in the industry?
- What new products or services are in development?
- Personnel Needs in Operations.
- How many operations employees do you plan to have?
- What will their roles be?
