BUSINESS PLAN FOR THE ESTABLISHMENT OF SPOMINKI, SOLE PROPRIETORSHIP

Seize the day, make the most of it, has been a guiding principle leading us through life since time immemorial. Part of this seized, exploited day is also their creation. During the entrepreneurship module, they prepared a business plan as an examination seminar assignment, and because the author was left without work due to the economic crisis, the idea was born to establish a company that would realise my entrepreneurial idea of producing unique decorative products for individuals and for interiors.

Problem

Seize the day, make the most of it, has been a guiding principle leading us through life since time immemorial. Part of this seized, exploited day is also their creation.

Solution and Method

During the entrepreneurship module, they prepared a business plan as an examination seminar assignment, and because the author was left without work due to the economic crisis, the idea was born to establish a company that would realise my entrepreneurial idea of producing unique decorative products for individuals and for interiors. For as long as I can remember, I have enjoyed designing and arranging. Because I have very well-developed manual skills, a sense of aesthetics and a great desire to create, I would produce both products for decorating spaces with which we can beautify our homes (pictures, wall clocks, etc.), as well as products for decorating people (bracelets, necklaces, etc.). The decorative products that will be produced are intended for people who enjoy having decorations in their homes.

Products for people are primarily intended for the female population from teenage to late mature years, as every woman, regardless of age, also likes to be beautiful. The advantage of handmade decorative products lies in the uniqueness of the products. In the diploma thesis, they presented the theoretical and practical parts.

In the theoretical part, they described what entrepreneurship, a company and an entrepreneur are. This is followed by market research and analysis, and based on the market analysis, they prepared a business plan and became convinced that the business idea can be a business opportunity.