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Shoe Shine Boys Small Business Idea
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Transcript of Shoe Shine Boys Small Business Idea
Shoe Shine Boys
by: IONUT, ZAIN & NATHAN
Our small business idea is about shoes shining &
polishing shoes .
We give 2 different kinds of services e.g. standard
& premium.
It takes around 5-10 minutes polishing your shoes,
depending on what service you use.
Our services will take place in college street and
Debden tube station too.
Introduction
First step: Clean the Leather
Second step: Use a Leather Dye
Third step: Use a Leather Lotion
Fourth step: Polish the shoes
Fifth step: Buff the Shoes
HOW TO MAKE SHOES SHINE?
Questionnaire
MARKET RESEARCH
What is your Gender?
MaleFemale
We surveyed the Male, Female in the college and this is our results
Under 16
16-17 18-30 31-39 40-49 50-64 65 over0
2
4
6
8
10
12
14 What is your Age?
Age
Number of people
We surveyed a range of age groups but the most people we surveyed were 16-17.
Market Research
Yes
No
0 5 10 15 20 25 30
Would you consider using a Shoe Shine Service?
This graph shows us that most people are willing to use Shoe Shine Service.
MARKET RESEARCH
Mon- FiWeekend
Any Day
05
101520
When would you prefer to use this service?
Period of Time
This graph shows that most people would like to get their shoe service on a weekday
Market Research
Spring Summer Winter05
1015
When would you want this service avaible?
Terms
The most popular season is summer, so we will be having more people working in the summer and less in other season.
Market Research
Two puinds
Two pounds
fifty
Three pounds
Three pounds
fifty
Four pounds
Four pounds
fifty
Five pounds
02468
10
How much would you be willing to pay?
Amount of money
Number of people
This graph is showing us that most people are willing to pay either £2 or £3 so we will stick to £3 as we will make more money out of it and the customers seem to think that £3 is a reasonable price.
Market Research
1314.5
16
Which service would you prefer?
The graph shows us that both services were very popular so we would provide both.
Market Research
TARGET MARKET
Our target audience for our shoe shine service will
be aiming at the staff and students in the college
also Debden train station so we can get the
customers in the morning.
10 x brushes
2 x packs of rubber gloves
3 x chairs
1 x footstall
Leather lotion & leather dye
Lint Cloths
Polish(black, dark tan, medium tan, light tan, neutral &
whitener)
RESOURCES NEEDED FOR SMALL BUSINESS
SOURCES OF FINANCE
We will set up our business by taking some savings
from our bank account .
The budget we are looking for is roughly £65.00 as
with this money we need to invest on the equipment
we need to set up the business.
Shoe polish 100 ml £3.75
10x Brushes £27.50
Ladies tights £7.00
Leather dye £5.00
Leather lotion £4.75
Leather cleaner 3 in 1 cleans (250 ml) £12.99
Soft clothes £2
___________________________________________________________________________
Total £62.99
COST OF EQUIPMENT
Standard : Only £3• Clean• Polish
Premium : Only £5• Clean• Use leather Dye • Use leather lotion• Polish buff • Final buff
We charge £3 for standard shine because we asked people in our
questionnaire what they felt would be a suitable price and £3
was reasonable for a standard shine.
£5 for premium because thats how much people said they would
pay for it.
SERVICES
Shoe shine boys
Shine bright like a diamond!!
If you want to get your shoes shined you can have standard shine or the premium shine.
The standard shine consists of:• Clean leather and polish
£5 for premium shine! £3 for standard! The premium shine consists of:
• Clean leather• Leather dye • Polish buff• Final buff
Our services will take place in street collegeand Debden tube station too
WHERE WILL WE ADVERTISE THE FLYER?
We will promote our flyer in Epping Forest college
and the Debden High Street. You will be able to see
our flyer hanging up on the wall around the college,
it will also be on the college website, t.v screens. Our
flyer will say when and where abouts, what we do,
how much we charge, what day’s we are working
and information on what we offer. We are usually
working weekdays from 8-10 in the morning and 5-6
in the evenings.
THE END