The Crocus florist
Crocus will be independent, profitable, and constant flower shop that will operate in the center of the town near the Holborn underground station. The Crocus florist will deal with the sale of fresh-cut flowers, plastic flowers, potted plants, growing products, and assistance.
The business will be more suitable to start due to various reasons. Firstly, a flower shop is affordable to start and manage as compared to other more substantial companies. The flower shop will only require a few materials and equipment, such as refrigerators, cutting systems, and the florist POS system. These will require a small amount of money to purchase. The business will also allow me to create something new continually. I can as well start slowly and later expand. The company’s customers will also come to love my products. Many people with various events such as those at weddings and funerals will appreciate my services. The services will help in celebrating the significant milestones of their lives.
The business will co-operate with the supplies from abroad, such as the Netherlands and Belgium. The company comes to be, at an appropriate time since the floral industry is in a dynamic and fast-growth as compared to many other industries. Looking at the targeted market, the main idea of the company will be to provide high standard services to get in touch with couples, elderly, and for events such as weddings, parties, and funerals, among other ceremonies. At a later period after the expansion of the business, there will also be a supply of the flowers to various manufacturing industries, which deals in manufacturing medicine, dyes, and perfumes among products. Crocus will bring happiness to people in every moment in their life by fresh flowers that could be delivered everywhere and anyway it needs to.
The customers will be able to purchase flowers in many different ways such as visiting our local shop, click and collect, ordering online, by phone, or using our application. The customers will also be given time to share their reviews of the company’s services. This will help in making appropriate upgrades.
To outdo the competitors in the market, the company will ensure that customers can easily access the services of the company through various platforms such as social media and other websites. The support teams in these online platforms will be available throughout to respond to any inquiries from the customers. The company will also focus more on the quality rather than the quantity of its products. The company will also ensure that it uses the customer’s feedbacks constructively and pro-actively.
As a means of developing and expanding the business in the future, the company will open new locations for the shop, launch an application to help in purchasing and try to co-operate with different companies. This with help in creating an excellent path to profitability after two years of the business operation. The business plans to make a profit of $1.5 million per year. This will enable the company to secure financing from banks as well as attracting investors to fund the business’ operations.