New business plan - organic oil Essay Example | Topics and Well Written Essays - 500 words

New business plan - organic oil - Essay Example The implementation of this strategy will be a costly and demanding task as numerous procedures will be involved in transforming this vibrant business idea into a practical reality. The company has therefore developed a number of business processes that will be handy in the holistic endeavor of realizing this business plan. Advertisement and promotion will be performed extensively to publicize the company and establish a niche in the oil market. This will involve numerous media activities through which a business awareness of the prospect will be accomplished. A succinct SWOT analysis will be accomplished to guarantee the company’s success in the oil business. Organic Oil Company endeavors to collect the pure oil from Morocco and provide its clients with inherently pure organic oil. The company will as well sell to resellers, small businesses, traders along with wholesalers. Additionally, the oil company plans to sell the oil to individual customers particularly through electronic means like websites. The kind of oil to be produced will be unique as it will only be produced in morocco. Therefore, the oil is estimated to have great demand and a competitive edge in the international market. Owing to the fact that the company target America as its main market, the uniqueness of the oil will be an added advantage as most clients will be inclined to purchase it. The oil to be produced will be applied to a variety of uses and clients will demand the products for several applications. For instance, the oil will be used in the production for cosmetics along with culinary. Since these are daily uses in life, the oil will enjoy great demand among individual clients for personal and commercial uses. There is immense competition in the business of exporting oil from Morocco, this could be a great challenge and threat to the survival of Organic Oil since it is a new venture (Bush and Johnston 56-64). Most of the