Business Plan of Organize Wise

Question: Discuss about theBusiness Plan of Organize Wise. Answer: Vision, Mission Values Vision: To deliver a complete and justifiable professional and individual lifestyle management facility by fashioning or reestablishing organizational balance and congruence in the lives of people Mission Values To help people to move away from annoying organizational and personal strain in order to enhance their superiority of life or work-life stability We will Make sure that muddled people will enjoy a better eminence of life by becoming systematized through our help Guide and encourage disorganized people to live a better and more prolific lives through being organized We will also Help our clients to put more emphasis on spending valuable time on personal priorities or on professional duties rather than wasting time in planning and organizing activities Respect the privacy and well-being of our clients including their property and possessions Location(s) and Geographic Reach Organize Wise will primarily operate in major cities of United Arab Emirates (UAE) such as Abu Dhabi and Dubai. These cities are known for their busy life and high population. Therefore, it is expected that Organize Wise will be able to provide clutter free lifestyle to the people who are busy with other things. Business Concept: Value Proposition Business Model Business Concept Organize Wise will provide team of professionals who will help business organizations, schools and house owner to organize the place properly by eliminating unwanted accessories and putting right resources where it should be through an easier and faster service. Value Proposition Organize-Better, Faster, Together Business Model Figure 1: Timmons Model (Source: Kiznyte et al. 2016) Opportunity: According to Thomas et al. (2014), entrepreneurship is nothing but driven by opportunity. This business idea was selected after monitoring the present life style of individual people and busy work schedules of business organizations. Even in educational institutes no one is ready to waste time to organize things properly. However, it is essential to organize your workplace, home or any other institute in order to showcase sustainability, accessibility, safety and customer/personal satisfaction (Massa and Tucci 2013). One of the worlds largest retailers Wal-Mart carried out a survey on its customers and the results exhibited that the customers wanted Wal-Mart to organize its stores so that it can look cleaner and healthier. They assigned a team to do the same but the process failed as the company had to reduce its inventory that lowered their sales. It clearly shows that decluttering is important but one needs a good team or a professional organization that can help to declutter thing s without affecting surroundings or future results. Resources In order to kick start our venture we believe that widespread resource will reduce the risk of opening it and will inspire bootstrapping or staring with simple trifling supplies which will help us to gain competitive advantage. Bootstrapping will the business to Drive down cost of market Inspiring discipline and wiriness in the organization Motivate innovative resources to gain more with handful amount of money and other resources Team Right after identifying and collecting required resources, a team of best talents will be put together. As mentioned by Hammad (2013), size of the team will depend on the size and opportunity of the market. Currently opportunity for the business is huge as competition is low. However, as Organize Wise will mostly operate in two cities initially, in each of our teams, five team members will work to, Eliminate vagueness and indecision of the prospects by applying innovation Provide leadership in order to handle the existing resources in the most effective manner. Currently, the plan is to make few teams and each of those will include 5 team members who will be experienced enough to perform decluttering tasks without any error (Hamid et al. 2013). While recruiting for potential team members, Organize Wise will focus on some qualities that must be present in the candidates that are, applicable experience and a good track record, encouragement to shine, assurance along with determination and perseverance, innovation to declutter things in a suitable manner without harming the surroundings, lenience of risk, ambiguity and uncertainty, flexibility, obsessed to obtain opportunities, leadership and good communication skill (Mullins 2012). Services Description Organizing business places Capable to organize business places such as offices, retail stores and working areas in a rightful manner so that it will be able to store more inventories while allowing customers to roam freely. Time of completion will depend on size of the area. Organize home places With proper security and monitoring facilities, organizing home places in way that it will suit modern style and priorities. Figure 2: Small business model (Source: Author)) References Hamid, A.H.A., Rozan, M., Ibrahim, R., Deris, S., Nik Rushdi, H. and Yunus, M.N., 2013. Business process analysis of emergency plan using work system theory. Journal of Information Systems Research and Innovation (JISRI), 3, pp.37-43. Hammad, A., 2013. An analysis of Timmons' model for entrepreneurial process. Kiznyte, J., Welker, M. and Dechange, A., 2016. Applying Project Management Methods to the Creation of a Start-up Business Plan: The Case of Blendlee. Massa, L. and Tucci, C.L., 2013. Business model innovation. The Oxford Handbook of Innovafion Management, pp.420-441. Mullins, J., 2012. The new business road test: What entrepreneurs and executives should do before writing a business plan. Pearson UK. Thomas, D.F., Gudmundson, D., Turner, K. and Suhr, D., 2014. Business Plan Competitions and Their Impact on New Ventures' Business Models. Journal of Strategic Innovation and Sustainability, 10(1), p.34.