BUSINESS PLAN: “REGALO” - ONLINE GIFT SOLUTIONS PLATFORM

Abstract

Committed to providing a premium one-stop online solution for all gift-giving needs, the business defined in the following document is an entrepreneurial venture initiated by four NBS students. Based on a thorough primary and secondary research, Regalo identified a gap in the local market for innovative and premium gift offerings which cater to all gift-giving needs of fast-paced millennials. Regalo’s current offerings, elegantly designed baskets, chocolate bouquets and trees, and e-gift cards which are all are non-contemporary forms of gifting, are also highlighted. The company operates through its website and social media pages. It stresses greatly upon quality products and excellent customer service. We also conducted an in-depth analysis of our immediate competitors to further improve our business. All aspects of the business, ranging from operating plan to financials, are also included in the document. In addition, future forecasts, as well as limitations of the business are outlined below, to better prepare for any uncertainties. The business plan aims to bring on board potential investors and creditors, to help Regalo expand and capitalize on the considerable chunk of giftware market which is still unsaturated. The rising purchasing power and conditions of current economy are opportunities that Regalo can exploit. In the future, Regalo also plans to explore all available avenues of gift services to grow and maximize profits through diversifying our product line.