economics project - ball id

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BALLID

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Post on 22-Jan-2015

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  • 1. DESCRIPTION The ballid company creates balls like baseballs, tennis balls and footballs The one who buys it can say which colour and ball he wanted and personalize it with his own imagination We can also print something of others liking for example a quote or picture.

2. DESCRIPTION OF THE WORKPLACE the ballid company is situated in Munich, Germany. There isnt any workplace as such but we create them from a small building. We have a huge room with loads of machines to help us create the balls and also computers to take the orders of people online. 3. TARGET AUDIENCE It is targeted to anyone of any age. This is also for people who love sports and maybe are professional at it and would like to customize their own ball of any kind of sports. It is also an amazing thing to have your own personalized thing and be proud of it so this is a kind of example. 4. LOCATION Location isnt going to affect us as much because it can be anywhere as long as the environment is suitable for the workers. we should start in a small place in Munich and than if the business starts to grow we will move to other buildings. Preferably it will be next to a stadium or tennis court because the target audience may be there. 5. Location choice ZebbugZebbugMunichMunichLocation factorsimportanceGrades (1-5)Weighted gradesGrades (1-5)Weighted gradesRent of small shop30%20.610.3Local wage for one hour30%30.951.5Monthly 20% ticket public transport20.430.6population20%40.851Sum:100%112.7143.4 6. SALES At first we the founders of the company will build or rent a small place so that the company will proceed forward If the company is doing a great job than we will open and franchise in new locations were there is a huge population. some examples are stadiums, near tennis courts, famous cities such as America and London. 7. COST ANALYSIS start up costs : 50 000 Euros for facilities and for equipment, other facilities and machines one will need another 20 000 euro. fixed costs(monthly): rent is 3000 Euros + the 2000 personal costs ( 5000 high local wage) 8. GOAL FOR SALES We will need to at least sell 3000 balls each month to get the profit we need. So if we calculate the amount of balls each month and divide it by the 25 days of shutdown. Then we will have to sell 120 balls each day. 9. CO-WORKERS people who are interested in sports and are good with a computer and have studied and got the examinations required are fit for the job. you can find people from chat rooms, from friends, sports students and others whom are studying computing. 10. SWOT-ANALYSIS STRENGHTS: good salary, there isnt a lot of competition and it is great for people who like sports. WEAKNESSES: expenses(rent) , online problems and no experience. OPPORTUNITIES: growing company and meeting with other business people. 11. SWOT- ANALYSIS Ballid would be best since it is a partnership and liability is unlimited as we are the owners. But it is easier to take a loan from the bank. We also have the possibility to collect money from investors whom are willing to lend us money and that their liability is limited to the amount of capital that they are willing to give. 12. This presentation was made by :MARIAH CASHA AND BENEDIKT BRAUN