Swot Analysis Conclusion Essay Example

this business will not hire many people for help, but whomever the owner does hire will only be hire on a part time schedule.

This might be a setback, because not many people are going to only want to be hired on a part time basis. The owner will also be hiring a chef instead going to school and learning how to bake herself. If she did the baking herself she would ultimately make more money, because she would not have to pay the chef she hires. Lastly, I saw nothing about advertising. There should have been something in there about advertisements. Potential threat of this business are having to come up with the $300,000 to start the business. This is a lot of money, and what if the business is not successful? That would be quite a loss.

Another threat, is the product pricing. In the business plan nothing was mentioned on prices, but I would assume that the prices of the product would have to be mark high, because of hiring a chef for the work. They would have to price them high to make any profit. In conclusion, this business plan will certainly strengthen the business. This business model was well thought out, and seems like it will be a very successful business. A bakery like this has much opportunity in the economy of today. There are some weaknesses and threats in this business plan, but with some minor changes the bakery is bound to expand and be successful.