Car Wash in Abu Dhabi Essay Example | Topics and Well Written Essays - 5000 words

Car Wash in Abu Dhabi - Essay ExampleEntrepreneurship starts with the process of being able to establish a small-scale vexation. In relation to small business management, this report go out discuss the proposed business compute which is to establish a car wash station in Abu Dhabi, UAE. after(prenominal) discussing the type of business entity or forms of business ownership which will be used in the proposed business project, the rationale for selecting this particular business project will be tackled in details. As part of the strategic planning process, the mission and vision statement will be stated briefly followed by conducting an environmental or attention analysis. This section will have three (3) sub-sections which will focus on applying the industry framework of Porters basic five forces of competition, PESTLE, and SWOT. Eventually, competitive analysis will be conducted followed by discussing the strategic alternatives, goal settings and strategies, and control system. Before presenting the actual business plan, a business feasibility demand will be conducted to determine the proposed business estimated return on investment.1.1Proposed Business ProjectThe proposed business project is to establish a car wash station in Abu Dhabi, UAE. Today, one of the major competitors of the proposed business is the ADNOC natural gas station. Aside from selling products like lubricants and fuels, ADNOC is also offering aviation services, vehicle inspection, car wash, and change oil services (ADNOC, 2013a 2013b 2013 c).... 9 2.3.2 PESTLE Analysis .. 10 2.3.2.1 Political and Legal typefaces .. 10 2.3.2.2 Economic Aspect . 13 2.3.2.3 Social Aspect 14 2.3.2.4 Technological Aspect .. 15 2.3.3 SWOT Analysis 15 2.3.3.1 Strength 15 2.3.3.2 Weaknesses . 16 2.3.3.3 Opportunities .. 16 2.3.3.4 Threats . 16 2.4 Competitive Analysis .. 17 2.5 Strategic Alternatives .. 17 2.6 Control System ....... 18 3. Business Feasibility ............ 19 4. Conclusion and Recommenda tions . 20 References .. 21 - 26 appendix I List of Other Small-Scale Car Wash Businesses in Abu Dhabi .. 27 addition II Summary of Porters Five Forces Analysis 29 Appendix III UAE gross domestic product Annual Growth Rate 30 Appendix IV UAE Interest Rate . 31 Appendix V UAE Unemployment Rate