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Swot analysis with examples essay
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1.0 BUSINESS PROFILE
1.1 Business Description
Modern people are very busy and they often neglect to clean their cars, and sometimes the limited living space also is the problem for the people who want to clean their car but they do not have space to clean their car, especially in Taiwan. Therefore, the car wash shops are increasing quickly, and people are happy to send their cars there. In Taiwan, hand-washing cars is more popular, because the customers think using hands to wash is softer. It does not damage the pain of the cars, and it is a luxury way to take care their cars.
Kevin Car Wash (¨‘KCW) business is a newly established car washing company located in the city of Kaoshung, in the south of Taiwan. ¨‘KCW was established to cater for people who are busy and often neglect to clean their cars as well as those people who have difficulty cleaning their cars at their homes because they do not have an available area.
Taiwanese people believe that washing cars by hand is better for the cars paint because washing by hand is softer than by mechanical washing. This car washing shop will be about 100~150 squares in size and will be located on the corner of the street in the central.
1.2 Business Mission Statement
¨‘KCW is dedicated to providing its customers the ultimate car wash & care experience. Focusing all of its energy and resources on customer satisfaction and value, while providing owners and employees an excellent reward.
1.3 Situation Analysis
¨‘KCW is entering their first year of operation. Kevin believes that a comprehensive marketing strategy will be key to the success of the business. ¨‘KCW offers a premium hand car washing service provided by a well-known local family. The basic market need is a premium car washing service that is far less abrasive than the traditional automatic car washes.
1.3.1 Pest Analysis
Political Factors
Economic Factors
Social Factors
Technical Factors
1.4 SWOT Analysis
The following SWOT analysis captures the key strength and weaknesses within the company, and describes the opportunities and threats facing
¨‘KCW.
1.4.1 Strengths
¡¤ Good relationships with many perspective customers in the target market.
¡¤ Strong family name recognition and equity in the community.
¡¤ Well trained employees.
1.4.2 Weaknesses
¡¤ The need...
... middle of paper ...
...le risk, and it may cause the price of petrol to getting higher; the exchange rate of currency to change. If the price of petrol gets higher and the exchange rate of currency is changed this will decrease the usage and sales of cars. Under this situation, the car washing shop will decrease the demands from the car drivers. They prefer to use the public transportation than using their own cars.
Furthermore, the environment regulation is the important issue that ¨‘KCW need to consider all the time, because if my car washing shop disobeys the rules, the shop may lose its the operation license or even be closed down by the law.
8.2 Contingency Plan
To create a contingency plan ¨‘KCW are considering the following factor and areas. Again, once ¨‘KCW has this plan will help its operation and compete with its competitor.
Difficulties and Risks
¡¤ Problems generating visibility.
¡¤ Overly aggressive and debilitating actions by competitors.
Worst Case Risks May Include
¡¤ Determining that the business cannot support itself on an ongoing basis.
¡¤ Having to liquidate equipment to cover liabilities.
REFERENCES
1. http://www.glaze.com.tw/procedure1.htm
May not be the most welcoming of banners, and yet if you are a wash customer you are one of the privileged and included. This wonderful space of washing, drying, tanning and car cleaning has to be the one and only Busy Bubbles. A small building just north of NDSU, this is an extraordinarily busy little corner of the world we call Fargo- Moorhead. Not only, can you wash your car and tan; this is a 24-hour laundromat that features: free drying! Doesn’t sound like much in the large scheme of things, and yet the numbers of people that visit this business in a week is staggering. And while the NDSU campus is very close, and the word “FREE” is connected to this establishment, it is not only college students that frequent this place of business. For an avid people watcher this place is a gold mine! Everyone needs clean clothes, and people of all kinds find their way to Busy Bubbles to complete this chore.
Kiley, David. Driven: Inside BMW, the Most Admired Car Company in the World. Hoboken, NJ: John Wiley, 2004. Print.
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