PLEASE CAN I GET ASSISTED WITH THE ABOVE ASSIGNMENT I DID, RIGHT ABOVE IS FEEDBACK TO WHAT I MUST DO TO IMPROVE IT AND CORRECT, CAN ANYONE ASSIST AS SOONEST?
RIGHT ABOVE IS THE ASSINMENT I DID, BELOW QUESTIONS:
QUESTION 1 MISSION AND OBJECTIVES BABY \& PAWFECT SAFETY PTY LTD IS COMMITTED TO PROVIDING SAFETY SOLUTIONS FOR OUR LITLE ONES AND OUR PAWS. IT IS DESIGNED TO AVOID RESTRICTING THEM IN ANY WAY YET ENSURING SAFETY. WE INVOLVE A HEALTH AND SAFETY OFFICER TO DO A PROPER SITE INSPECTION TO INDICATE THE AREAS THAT NEED SAFETY. WE UNDERSTAND THAT OURLITLL ONES LIKE TO EXPLORE THE WORLD AROUND THEM AND ENJOY BEING FREE. IT IS ALSO TO EEZE OF PARENT'S STRESS AS WE ALL KNOW WE FEEL GUILTY ONCE INJURY HAS OCCURRED. OUR MISSION IS TO RAISE AWARENES, OF THE IMPORTANCE OF SAFETY TO OUR UTTLE ONES, BY ALSO DONATING TO CHILDREN AND ANIMA CIN NEED. EDUCATING SCHOOLS, PRE-SCHOOLS, AND PARENTS. WE PROVIDE OUR SERVICES AROUND GAUTENG AND STRIVE TO EXPAND IN THE NEAR FUTURE. OUR PRODUCTS ARE EASY TO USE AND QUICK TO INSTALL FOR QUICK HOME PROOFING, THESE PRODUCTS UNDERGO STRICT QUALITY CHECKS TO ENSURE THE BEST QUALITY. THIS WILL HELP IN ORDER TO CREATE A FREE HAZARDOUS ENVIRONMENT FOR OUR CHILDREN AND ANIMALS. OUR PRODUCTS ARE AVAILABLE ON OUR WEBSITE AND HAVE A 2-4 DELIVERY LEAD TIME. BABY \& PAWFECT SAFETY PTY LTD IS UNIQUE BECAUSE WE STRIVE TO FOCUS ON OUR PAWS SAFETY ASWELL. WE ALSO STRIVE TO ENSURE THAT WE KEEP OUR STAFF CERTIFIED IN THE HEALTH AND SAFETY SECTOR. BABY \& PAWFECT SAFETY PTY LTD MAIN GOAL - TO HELP FOCUS ON DRIVING MORE NEVENUE - TO DEVELOP GRO. H AND FMPLOYMENT - TO INCREASE MARKETING - OUREMPLOYEES WILL PRIORITISE EMPLOYEE TRAINING TO INCREASE PRODUCTIVITY QUESTION 2 BABY \& PAWFECT SAFETY PTY LTD FORM ORIGINALLY, WE WANTED TO BE A CLOSE CORPORATION, BUT DUE TO SARS CLOSE CORPORATION HAS FALLEN AWAY, AND DECIDED TO REGISTER AS A PROPRIETARY LIMITED. IT HAS THE ABILITY TO INVOLVE SHAREHOLDERS, BUT LIABILITY IS LIMITED AND IS PRIVATE, NOT PUBLIC TO NOT FREELY NEGOTIATE SHARES. THIS WILL ENSURE GROWTH AND THE ABILITY TO USE SHAREHOLDERS' IDEAS AND INVEST SHARE CAPITAL IN THE BUSINESS TO ENJOY THE ADVENTURE WITH US AND HAVE THE PASSION AND FEEL TO INSPIRE PEOPLE ABOUT THE IMPORTANCE OF SAFETY AROUND OUR HOMES AND SCHOOLS. WITH ABOUT 5 TO 8 SHAREHOLDERS WE WILL HAVE THE ABILITY TO EXPAND AND MOVE TO DIFFERENT AREAS IN SOUTH AFRICA. QUESTION 3 BABY \& PAWFECT SAFETY PTY LTD IDEA OF MARKET SHARE STATISTICAL RESEARCH IN 2022 HAS SHOWN US THAT TO LOCAL STATISTICS 600 CHILDREN AND 200 ADULTS DIE EACH YEAR, WITH THE HIGHEST DROWNING CASES IN KZN, GAUTENG, AND WESTERN CAPE. CASES NORMALLY PEAK DURING SUMMER, BY 63% IN COMPARISON TO OTHER SEASONS. BUYING PATTERN SEGMENTATION: CONSUMERS ARE LIKELY TO PURCHASE A POOL SAFETY NET WHEN THEIR INFANT STARTS CRAWLING OR WHEN THE BABY IS BORN OR WHEN THEY GET A PET. THE CONSUMERS BENEFIT BY KNOWING THAT THE INFANT OR PET WILL BE SAFE WHEN CLOSE TO THE POOL AND AVOID THEM FROM FALLING INTO THE POOL. POOL SAFETY NETS ARE PURCHASED DURING THE YEAR. CONSUMERS WHO NORMALLY PURCHASE THE PRODUCT ARE MOSTLY A HOMEOWNER OR PARENTS. ABOUT 8U POOL SAFETY NETS CAN BE SOLD YEARLY, WHICH MAKES IT ABOUT 6U OOOL SAFETY NETS A MONTH SOLD AROUND RICH AND POOR AREAS. 4 OF THE POTENTIAL MARKET IS ALREADY BEING REACHED BY OUR COMPE TI ORS AROUND THE GAUTENG AREA THE CURRENT AVAILABILITY AND DELAY OF PRODUCTION HAVE LIMITED US TO ONLY SELLING 3 TOOL SAFETY NETS A MONTH, AS SOON AS WE CAN GET MORE CAPITAL WE CAN PURCHASE MORE ITEMS FROM ANOTHER SUPPLIER, SUPPLYING THE PVC SOLID COVERS FOR THE POOL AS WELL. QUESTION 4 EXPECTED NET PROFIT FOR THE MONTH CALCULATED EXPECTED NET PROFIT (R184vo R13;350=R50730 BREAK-EVEN POINT FOR BABY \& PAWFECT SAFETY PTY LTD =R43300/R2134.3420.29UNITS QUESTION 5 THE NUMBER OF PRODUCTS I MUST SELL BEFORE I WLL SHOW A PROFIT IS AT LEAST 15 SAFETY NETS A MONTH CALCULATED EXPECTED NET PROFIT (R92040 - R90825= =R1215) IFI WOULD SELL 14 SAFETY NETS FOR THE MONTH MY EXPECTED PROFIT WILL BE -R2086.00 LOSS QUESTION 6 BABY \& PAWFECT PTY LTD'S LOCAT ON IS SITUATED IN GAUTENG AREA. BECAUSE IT IS IN THE BUDGET AND CLOSER TO OUR SU PLIERS. WHEN WF WIII OVEN IIP A. SHOP IN THE NFAR FUTURE TO SELL BABY AND PET SAFETY PRODUCTS IT WILL BE VIS' LE TO THE CONSUMERS THAT ARE IN NEED OF OUR PRODUCTS AND SERVICE IN DEMAND. Index of comments 2.1 When developing objectives you need to ensure that they are specific, measurable and achievable. More revenue? How much? By what \% do you want to grow? Where in the market do you want to place yourselt? 3.1 Currently are you able to assess your current market share? You are only selling 30 a month which is less than 50\%. Explain the competitors share? What is 4 ? 4.1 Insert the formal used to calculate the units breakeven point. How did you calculate R2134.34? 4.2 Show your calculation? 4.3 So it is in the planning? By now, your first assignment should have been returned to you. It's important that you take notice of any comments or criticisms that your tutor made. You need to apply them to this next assignment. If you want to, you can change your original information. This assignment builds on your last assignment, and on the knowledge you have gained in this study unit. We want you to now tell us how you've decided on your business's viability. Include the following information: Question 1 The mission and the objectives of your enterprise. Question 2 The form of enterprise that you'll choose, and why. Question 3 A rough idea of the market share of your specific product or service. Question 4 The income you'll get from your business. Show roughly what your expected net profit and break-even point will be. Question 5 The number of products you must sell before you will show a profit. Question 6 Where you'll locate your business, and why. QUESTION 1 MISSION AND OBJECTIVES BABY \& PAWFECT SAFETY PTY LTD IS COMMITTED TO PROVIDING SAFETY SOLUTIONS FOR OUR LITLE ONES AND OUR PAWS. IT IS DESIGNED TO AVOID RESTRICTING THEM IN ANY WAY YET ENSURING SAFETY. WE INVOLVE A HEALTH AND SAFETY OFFICER TO DO A PROPER SITE INSPECTION TO INDICATE THE AREAS THAT NEED SAFETY. WE UNDERSTAND THAT OURLITLL ONES LIKE TO EXPLORE THE WORLD AROUND THEM AND ENJOY BEING FREE. IT IS ALSO TO EEZE OF PARENT'S STRESS AS WE ALL KNOW WE FEEL GUILTY ONCE INJURY HAS OCCURRED. OUR MISSION IS TO RAISE AWARENES, OF THE IMPORTANCE OF SAFETY TO OUR UTTLE ONES, BY ALSO DONATING TO CHILDREN AND ANIMA CIN NEED. EDUCATING SCHOOLS, PRE-SCHOOLS, AND PARENTS. WE PROVIDE OUR SERVICES AROUND GAUTENG AND STRIVE TO EXPAND IN THE NEAR FUTURE. OUR PRODUCTS ARE EASY TO USE AND QUICK TO INSTALL FOR QUICK HOME PROOFING, THESE PRODUCTS UNDERGO STRICT QUALITY CHECKS TO ENSURE THE BEST QUALITY. THIS WILL HELP IN ORDER TO CREATE A FREE HAZARDOUS ENVIRONMENT FOR OUR CHILDREN AND ANIMALS. OUR PRODUCTS ARE AVAILABLE ON OUR WEBSITE AND HAVE A 2-4 DELIVERY LEAD TIME. BABY \& PAWFECT SAFETY PTY LTD IS UNIQUE BECAUSE WE STRIVE TO FOCUS ON OUR PAWS SAFETY ASWELL. WE ALSO STRIVE TO ENSURE THAT WE KEEP OUR STAFF CERTIFIED IN THE HEALTH AND SAFETY SECTOR. BABY \& PAWFECT SAFETY PTY LTD MAIN GOAL - TO HELP FOCUS ON DRIVING MORE NEVENUE - TO DEVELOP GRO. H AND FMPLOYMENT - TO INCREASE MARKETING - OUREMPLOYEES WILL PRIORITISE EMPLOYEE TRAINING TO INCREASE PRODUCTIVITY QUESTION 2 BABY \& PAWFECT SAFETY PTY LTD FORM ORIGINALLY, WE WANTED TO BE A CLOSE CORPORATION, BUT DUE TO SARS CLOSE CORPORATION HAS FALLEN AWAY, AND DECIDED TO REGISTER AS A PROPRIETARY LIMITED. IT HAS THE ABILITY TO INVOLVE SHAREHOLDERS, BUT LIABILITY IS LIMITED AND IS PRIVATE, NOT PUBLIC TO NOT FREELY NEGOTIATE SHARES. THIS WILL ENSURE GROWTH AND THE ABILITY TO USE SHAREHOLDERS' IDEAS AND INVEST SHARE CAPITAL IN THE BUSINESS TO ENJOY THE ADVENTURE WITH US AND HAVE THE PASSION AND FEEL TO INSPIRE PEOPLE ABOUT THE IMPORTANCE OF SAFETY AROUND OUR HOMES AND SCHOOLS. WITH ABOUT 5 TO 8 SHAREHOLDERS WE WILL HAVE THE ABILITY TO EXPAND AND MOVE TO DIFFERENT AREAS IN SOUTH AFRICA. QUESTION 3 BABY \& PAWFECT SAFETY PTY LTD IDEA OF MARKET SHARE STATISTICAL RESEARCH IN 2022 HAS SHOWN US THAT TO LOCAL STATISTICS 600 CHILDREN AND 200 ADULTS DIE EACH YEAR, WITH THE HIGHEST DROWNING CASES IN KZN, GAUTENG, AND WESTERN CAPE. CASES NORMALLY PEAK DURING SUMMER, BY 63% IN COMPARISON TO OTHER SEASONS. BUYING PATTERN SEGMENTATION: CONSUMERS ARE LIKELY TO PURCHASE A POOL SAFETY NET WHEN THEIR INFANT STARTS CRAWLING OR WHEN THE BABY IS BORN OR WHEN THEY GET A PET. THE CONSUMERS BENEFIT BY KNOWING THAT THE INFANT OR PET WILL BE SAFE WHEN CLOSE TO THE POOL AND AVOID THEM FROM FALLING INTO THE POOL. POOL SAFETY NETS ARE PURCHASED DURING THE YEAR. CONSUMERS WHO NORMALLY PURCHASE THE PRODUCT ARE MOSTLY A HOMEOWNER OR PARENTS. ABOUT 8U POOL SAFETY NETS CAN BE SOLD YEARLY, WHICH MAKES IT ABOUT 6U OOOL SAFETY NETS A MONTH SOLD AROUND RICH AND POOR AREAS. 4 OF THE POTENTIAL MARKET IS ALREADY BEING REACHED BY OUR COMPE TI ORS AROUND THE GAUTENG AREA THE CURRENT AVAILABILITY AND DELAY OF PRODUCTION HAVE LIMITED US TO ONLY SELLING 3 TOOL SAFETY NETS A MONTH, AS SOON AS WE CAN GET MORE CAPITAL WE CAN PURCHASE MORE ITEMS FROM ANOTHER SUPPLIER, SUPPLYING THE PVC SOLID COVERS FOR THE POOL AS WELL. QUESTION 4 EXPECTED NET PROFIT FOR THE MONTH CALCULATED EXPECTED NET PROFIT (R184vo R13;350=R50730 BREAK-EVEN POINT FOR BABY \& PAWFECT SAFETY PTY LTD =R43300/R2134.3420.29UNITS QUESTION 5 THE NUMBER OF PRODUCTS I MUST SELL BEFORE I WLL SHOW A PROFIT IS AT LEAST 15 SAFETY NETS A MONTH CALCULATED EXPECTED NET PROFIT (R92040 - R90825= =R1215) IFI WOULD SELL 14 SAFETY NETS FOR THE MONTH MY EXPECTED PROFIT WILL BE -R2086.00 LOSS QUESTION 6 BABY \& PAWFECT PTY LTD'S LOCAT ON IS SITUATED IN GAUTENG AREA. BECAUSE IT IS IN THE BUDGET AND CLOSER TO OUR SU PLIERS. WHEN WF WIII OVEN IIP A. SHOP IN THE NFAR FUTURE TO SELL BABY AND PET SAFETY PRODUCTS IT WILL BE VIS' LE TO THE CONSUMERS THAT ARE IN NEED OF OUR PRODUCTS AND SERVICE IN DEMAND. Index of comments 2.1 When developing objectives you need to ensure that they are specific, measurable and achievable. More revenue? How much? By what \% do you want to grow? Where in the market do you want to place yourselt? 3.1 Currently are you able to assess your current market share? You are only selling 30 a month which is less than 50\%. Explain the competitors share? What is 4 ? 4.1 Insert the formal used to calculate the units breakeven point. How did you calculate R2134.34? 4.2 Show your calculation? 4.3 So it is in the planning? By now, your first assignment should have been returned to you. It's important that you take notice of any comments or criticisms that your tutor made. You need to apply them to this next assignment. If you want to, you can change your original information. This assignment builds on your last assignment, and on the knowledge you have gained in this study unit. We want you to now tell us how you've decided on your business's viability. Include the following information: Question 1 The mission and the objectives of your enterprise. Question 2 The form of enterprise that you'll choose, and why. Question 3 A rough idea of the market share of your specific product or service. Question 4 The income you'll get from your business. Show roughly what your expected net profit and break-even point will be. Question 5 The number of products you must sell before you will show a profit. Question 6 Where you'll locate your business, and why
