Feasibility Report for Baxton Food Delivery Services Company
Analytical Report
This week, you are tasked to write an Analytical Report. Using your Proposal from week three, research the feasibility of your plan. Following the steps in our textbook, write a feasibility report laying out the specifics for the implementation of your proposal. Look to the examples from the readings. Your report does not need to be as detailed, but you should cover each of the elements demonstrated.
Baxton Food Delivery Services Company
Consumables make the best business ideas and are attractive ventures. Approximately every person in the world takes a minimum of three meals daily (Pigatto et al., 2017). The latter defines the demand in the food industry daily and hence, the possibility of thriving in the industry. People are more committed to their daily chores and professions, leaving finite time for them to prepare meals for themselves (Pigatto et al., 2017). The working class has no time to rush to the nearest hotel and have a meal because of the unfinished assignments over their tables. The business opportunity is covering preparing and delivering food to the busy in various places, who cannot get time to prepare their meals or rush to a nearby restaurant.
The business idea is promising because the problem at hand is imminent and continuous. There seems to be no sensible solution to the described problem of lack of time to prepare and serve their own meal. The Baxton Food Delivery Services Company comes in to serve such a market, that is continually growing with an increase in formal employment (Pigatto et al., 2017). The idea of market growth promises the Baxton Food Delivery Services Company a more profitable future. The competitive advantage of the proposed business is the conceived flexibility. Baxton Food Delivery Services Company would be very flexible in making various meals all day long, early in the morning to late dinner food deliveries.
All business ventures are very competitive. Baxton Food Delivery Services Company would ensure personalized experience in dealing with all customers to ensure loyalty (Pigatto et al., 2017). People are keen on what they eat, and hence any error about preparation, service, and delivery of food is equally important in ensuring customer satisfaction with Baxton Food Delivery Services Company services. The business would ensure that all customers get the value for their money in their orders as quality would be the basic principles.
Answer preview:
Words: 298