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Llucia Ferrer Nicolau Damià Pons Adrover Toni Ramírez Jaume Miriam Herbón Nicolau


INITIAL PRESENTATION: We are a group of four young entrepreneurs, we are pursuing studies second of Administration and Finance at the Institute IES Felanitx. After a wide selection of ideas, we decided to start a business of renting boats and other water activities for the subject of business simulation. We are: Llucia Ferrer Nicolau Toni Ramírez Jaume Miriam Herbón Nicolau Damià Pons Adrover

We understand that this project means a huge initial financial investment, and that exist a lot of competition here in Mallorca; but also there are many exits. On the other hand, note that we have many desire to carry out this project.

Below you will find information about this project,


PHASE 1: BRAINSTORMING One traditional idea: Restaurant. It is a public place where people go to have a meal and drink. Advantages: - If you give good services to your customers, your business will grow up. - Reliable job. Disadvantages: - We will need much money to launch the business and prepare the place for those services, buying furniture, food, hiring employees, among others. - We will also need some licenses for opening doors to the public. One traditional/conventional idea: An Estate Agent’s The idea of starting this business, refers to the world of tourism, which is our main source of income in Mallorca. Holiday rental villas, chalets and apartments, is a business from which you can get good benefit in these times because there is so much of tourism in Mallorca. Advantages: - It isn’t necessary to make a great investment, as it is only necessary to find people who want to rent your home. - If you make good publicity, organize well entrances and exits of customers, you can get great benefit. Disadvantages: - If you not spend time in this business, making advertising houses and provide a good service to customers, in the end you lose money. One innovative idea: Restaurant over the sea. It is a public place where people go to have a meal and drink. Furthermore, you will have fun having your meals over the sea. Advantages: - A beautiful place for setting up a business. - An innovative idea which everybody would like to know about. Disadvantages: - It is not a good commitment with environment. - Starting a business like that would not be easy. One risk idea: Investment in the stock market. This idea is quite risky as we should know very well which business to invest in. The purchase and sale of shares in companies that are on the stock market, is the most delicate moment of this business. Advantages: - If the investment is a good one, you can get a lot of benefit. - It doesn’t require offices, or lots of equipment. You can work from home.


Disadvantages: - The evolution of investments not only depends on the company in which we invest, but also on the economy, the markets, interests, that the country where we invest has at this time. - If you make a single mistake at a key moment of the investment, it may lead us to the loss of money, even to ruin. Combination of two traditional businesses: Butcher shop // Bakery. It’s a place where you offer not only meat to your customers, but also bakery products. Advantages: - We offer two products in one location, it can be beneficial. - It has strong demand to have these establishments because there are many people who prefer buying bread or meat near their houses rather than moving to the supermarket. Disadvantages: - These two businesses aren’t always the best combinations. - You need a conditioned place and health business licenses. One related to ecology: Decoration shop with recycled products. A shop where all decoration products you can find are recycled. Advantages: - A helpful idea for the environment. - The products are easier to manufacture. Disadvantage: - The products aren’t always easy to find. - Still much research to be done about recycling of objects. One related to personal formation: Administrator. A company responsible for providing business services. It is a combination of technology, process and experience in the business. Advantages: - There is a lot of demand, as it is a service that many companies require. - We have a wide experience in various sectors as we have worked for many companies. Disadvantages: - High level of responsibility, because some documents may be confidential. - One mistake can have dire consequences for our customers.


One related to work experience: Hotel Mallorca. It is a building to provide accommodation and services to guests such as restaurants, pool etc. You can also organize meetings and conferences, congresses etc. Advantages: - In the summer season there is much tourism. - It's a business that soon gives many benefits because of its high demand, besides giving a lot of work to many people, directly or indirectly. Disadvantages: - A lot of competition in the tourist sector. Difficult to find qualified people with experience and languages (English, German, etc). - Being a large company takes a lot of organization and a lot of staff. - There is a large excess of waste. One related to relationship and friendship: Events Company. The process involves the design, planning and production of conferences, weddings, festivals or other meetings. This company includes: the establishment of budgets, in addition to organizing the decoration. Advantages: - It can be very profitable in the short term, especially if you have many clients and a great knowledge that allows you to respond to all demands. - It is also a type of company that does not take much staff. Disadvantages: - It is not advisable to enter the sector if not known. You need very good contacts, for this reason a strong investment is needed in the search for new suppliers, customers, etc. - One of the main problems is the strong competition in the sector. One idea related to hobbies: Boat Charter Business The idea of this business, is a company dedicated to the rental of different types of boats and activities: guided tours with jet skis, fly-board activities, “llaüts” or big boats to spend a day with friends or to go fishing, or speed boat trips too. Advantages: - It’s a business that brings you a lot of benefit due the high number of tourists that come to Mallorca. - We don't need a large initial capital, because you can start with two boats and go on investing every year, and until you get a large fleet. Disadvantages: - All types of boats require a rigorous maintenance. - As all kind of companies dedicated to tourism, it totally depends on the weather and the conditions of the sea.


One related to unmet need: Disco SantanyĂ­. Leisure centers, where their activity is carried out at night. It can be public or private. It is targeted for people over 18 years. It is a place where people go out to listen to music, dance and socialize. Advantages: - It focuses on all people over 18 who need to escape from routine. Therefore, there are a variety of ages. - People dance and move, this makes them feel thirsty and consume. - The DJ plays music, this avoids having to pay other musicians. Disadvantages: - If the location is in a city, the neighbors may complain, for reasons such as the excess of noise. - We can also find unwanted customers, if you enjoy the facilities and don't consume. One related to the improvement of products: Restoration shop. It is a business which dedicated to the restoration of the antique furniture. Advantages: - This business contribute to the improvement of the different furniture. - It is viable economically. Disadvantages: - The people think that this shops are very expensive. - It is necessary to have a lot personal formation to work in this shops. One related to importation: Park Jump. Is a covered park of trampolines where the people can go to have a good time with their friends or practice a new fitness training. Advantages: - In Spain only there are one park jump nowadays. - It is the only business that give to the people this kind of service Disadvantages: - It is necessary a high investment to start this business. - The providers are out of Spain. One related to purchasing capacity: Second hand shop. It's a shop where you can find products that have been used by other people. This products are in good condition. Advantages: - In this shop you can find low prices. - Nowadays there aren't a lot of physical second hand shop.


Disadvantages: - There are a lot of competition, because on internet we can find some second hand shop. It is difficult to find people who want to sell their products, however many people need to buy second hand products. One related to changes on the lifestyle: Gym spa & physiotherapy. Consists in a place where you can find a gym to train very comfortable and when you have finished your train you have got two different options in the second floor, you can go to relax in the spa or receive a massage by the best physiotherapist. Advantages: - The people can find three different services in the same place. - You choose which service want to enjoy.

Disadvantages: - It's necessary high investment to start this business - It is difficult to find physiotherapist One idea of a cooperative: Plumbing cooperative. The idea of this cooperative, is forming a group of plumbers with the main objective of offering plumbing services at almost cost price. Advantages: - The cooperative goes with the participation of all the partners. - People of a cooperative, search the common benefit of all members. Disadvantages: - As all partners have equal participation, sometimes it is difficult to make decisions. With a cooperative members don't get as much benefit as in an individual company. One idea related to cooperative: Construction cooperative. Is the union of several people to carry out the activity together. Advantages: - The partners can join in the cooperative in any time. - There are very good communication between the partners. Disadvantages: - The partners sometimes haven’t got enough knowledge, (the partners maybe know all about construction but they don't know information about administrative functions). - The benefit must be distributed between the partners of the cooperative.


One related to social enterprise: Social Supermarket. This company is to employ people that due to the crisis were unemployed or had many economic difficulties. In return the company helps you in your needs: food, dressing, etc. In addition to a salary to invest in the future. Advantages: - People feel more motivated to see that they have a chance, in addition to creating a supportive environment among people. Disadvantages: - Some people may be unwilling to abide by the rules and ethics of the company. - There is the possibility that some people try to take advantage of the facilities offered by the company without really needing it. One related to social enterprise: Clothing store. It’s a company that hires disabled people to different tasks at the shop.

Advantages: - It offers work to people who don’t find it easily. - You can satisfy your employees and customers. Disadvantages: - You need an assistant. - The premises have to meet the requirements for disabled people.

One idea related to the Vegan world: Synthetic leather products shop. This idea is partially related to vegans, since people who are strictly vegan don’t use any type of product, coming from animals such as for example, leather, silk, etc. The idea can start a business that will sell products of synthetic leather. Advantages: - Animals aren't used in order to manufacture the products. - The products are cheaper than those made of animal skin. Disadvantages: - The products made with synthetic material are not of the same quality as those of animal skin.


PHASE 3: SOCIAL OBJECT The company objective is to satisfy the needs of our customers, and that enjoying with our boats and know the Mallorca coast from a different outlook, accompanied by family and friends, creating exclusive moments for fun. We also have the best innovations of the aquatic world, such as: Flyboard, Padelsurf, Cabrera Island Jetski Tour. The tourism is the sector that drives the economy of Mallorca, and we have thought to put this business, because we think it would be viable.

PHASE 4. NAME


First of all we did a brainstorming about different words related with sea and boats. Then, we did a series of combinations with this words and appeared this names combinations: 1- BLUE SEA 2- STAR BOAT CHARTER 3- NAU COSTA 4- MALLORCA BOAT EXPERIENCE 5- EMBARCACIONS VORAMAR 6- BON TEMPS 7- PERLA NEGRA 8- SUD MALLORCA CHARTER Finally, the name that we like was … MALLORCA BOAT EXPERIENCE

PHASE 4: LOGO To make a logo appropriate to our business project we have searched different objects that are related about our business, for instance, a boat, wind rose or a rudder. First of all we made a few logos, then we thought about making a logo different from the other logos, an abstract drawing that would relate to a sunset in the sea. Then we thought of adding a jetski to the logo, and finally we created the next logo, that each person can interpret it as they want.


PHASE 5: LOCATION. About the location of our business, we have chosen ports that are located at south of Mallorca because we have more knowledge of this area. Then we have decided to follow a criterion to evaluate the ports.

Selection Criteria: 1. Proximity to the market and customers. 2. Provision of water supply, electricity and telephone. 3. The chances of access of the providers. 4. Place available, number of berths, parking, cost. 5. Pedestrian traffic, since this increases the odds that the people visit our Business. 6. Public transport is a positive factor. 7. Number of competitors nearby. 8. Number of non-competing stores. Customers who visit these businesses will also be our potential customers.


After the difficulties of deciding which location to choose, we have decided Portopetro. Portopetro is a village in the municipality of SantanyĂ­ between S'Alqueria Blanca and Cala d' Or. It has a small but cozy harbor, where we decided to undertake this business, because we found a well-located place, good price and the conditions we were looking for, surrounded by bars, restaurants and shops. Portopetro is a tourist place and the competition is minimal, since there is only a very small company dedicated to this business. Our business is located on the main street, called Passeig d'es Port, and is on the front line. It is also worth mentioning that in this port we have found the necessary berths for our business. In this town, the economic level increseses in the high season, since in the low season, there is almost no tourism. But we are only interested in the summer months, so it affects us.


PHASE 6: DESIGN OF PHYSICAL SPACE.


The commercial space is formed by three rooms: the main room is the shop, it is the largest room, on the left side of the store are products for sale to the customer (shirts, shoes, and various accessories related to the sea). And in the central backside is the reception, where customers will be attended and reservations will be confirmed, on the right side we will have a clothes rack where we will have life jackets. The room to the right of the reception will be the warehouse, where we will keep the goods that are not in the store, as well as the archive. Finally there is a bathroom located to the left of the reception.

PHASE 7: REASONS FOR ENTREPRENEURSHIP We have decided to entrepreneur a kind of business related with boats charter and others water activities for this reasons: -

It is a kind of business that is related with our hobbies. We are confronting it like a challenge in the business world, due to in Mallorca we can find a lot of competition as the same time that we can find a lot of opportunities. We are thinking that can be viable, due to the big number of tourists that there are in Mallorca. This project can be good to learn about business world. It is a way to combine the business with moments of fun.


PHASE 8: PROFILE PARTNERS Miriam Herbón Nicolau

PERSONAL INFORMATION

C/ Miquel Satre nº 10, 07200 Felanitx, Spain 971549863 mallorcaboatexperience@gmail.com

Sex

Female | Date of birth 23/08/1996 | Nationality Spain

EDUCATION AND TRAINING 21/09/2015–21/06/2017

High degree

Administration and Finance IES Felanitx, Felanitx, Spain

14/09/2012-21/2015

Batchillerat IES Felanitx, Felanitx, Spain

PERSONAL SKILLS Mother tongue(s)

Galician, Spanish, Catalan

Other language(s)

UNDERSTANDING

English

Communication skills Organisational / managerial skills

SPEAKING

WRITING

Listening

Reading

Spoken interaction

Spoken production

A2

A2

A1

A2

A2

I have high communication skills with people. Besides being a very sociable person

Good organizational skills and coordination Good team worker.

Job-related skills

I 'm a person who accepts criticism well Optimistic attitude in front of problems

Digital competence

SELF-ASSESSMENT

Information processing

Basic user

Driving license

B

Communicati on

Content creation

Independent user Independent user

Safety

Problem solving

Basic user

Basic user


ADDITIONAL INFORMATION Availability

Full time


PERSONAL INFORMATION

Llucia Ferrer Nicolau C/ Casio, nº6, 07650 Santanyí, Spain (+34) 666666666 mallorcaboatexperience@gmail.com

Sex Female | Date of birth 05/11/197 | Nationality Spanish EDUCATION AND TRAINING Ongoing

Vocational training of Administration and Finance

High degree

Ies Felanitx, Felanitx, Spain

19/09/2013–11/06/2015

Vocational training of Administrative Technician

Half degree

Ies Felanitx, Felanitx, Spain

PERSONAL SKILLS Mother tongue(s)

Catalan

Other language(s)

UNDERSTANDING

SPEAKING

WRITING

Listening

Reading

Spoken interaction

Spoken production

English

A2

A2

A1

A1

A1

Spanish

C2

C2

C2

C2

C2

Safety

Problem solving

Communication skills

Organisational / managerial skills Job-related skills

Excellent contact skills with children

Good skills in both group work and individual

Positive attitude to work Responsible

Digital competence

SELF-ASSESSMENT

Information processing

Communicati on

Independent user

Proficient user

Content creation

Independent user Independent user

Basic user

Good command of office suite (word processor, spread sheet, presentation software). Regular user of the Internet, email and information searches.


Other skills

Driving license

Title of free time educator in the EBETLL

B

ADDITIONAL INFORMATION Courses

Voluntary work in Aproscom


PERSONAL INFORMATION

Toni Ramírez Jaume C/ Reiet 10, 07650 Santanyí Spain +34 655884077 mallorcaboatexperience@gmail.com

Sex Male | Date of birth 10/11/1995 | Nationality Spanish

WORK EXPERIENCE 01/06/2016–01/11/2016

Shop assistant Souvenir Margarita, Mallorca, Cala d'Or

01/07/2015–01/11/2015

Shop assistant Souvenir Margarita, Mallorca, Cala d'Or

01/07/2014–01/11/2014

Shop assistant Souvenir Margarita, Mallorca, Cala d'Or

EDUCATION AND TRAINING 23/09/2015–Present

Vocational training of administrative

High degree

IES Felanitx

16/09/2012–23/06/2014

Certificate in Bachillerato IES Santanyí

PERSONAL SKILLS Mother tongue(s)

Spanish

Other language(s)

English

UNDERSTANDING

SPEAKING

WRITING

Listening

Reading

Spoken interaction

Spoken production

B1

B1

A1

A1

Levels: A1 and A2: Basic user - B1 and B2: Independent user - C1 and C2: Proficient user

B1


Communication skills

Good communication skills due to my experience as shop assistant and sport adviser

Organisational / managerial skills

Good skills to work in group an individually

Job-related skills

Responsible with job and good team mate

Digital competence

SELF-ASSESSMENT

Information processing

Communicati on

Content creation

Safety

Problem solving

Basic user

Basic user

Basic user

Basic user

Basic user

Competent with office's programs Knowledge with email

Other skills

Driving license

I'm a person who have ability to support other people to get their aims

B

ADDITIONAL INFORMATION Courses

Nutrition and sports advising


PERSONAL INFORMATION

Damià Pons Adrover Port nº10, 07691 Alqueria Blanca, Spain 630630630 mallorcaboatexperience@gmail.com

Sex Male | Date of birth 03/06/1994 | Nationality Spanish

WORK EXPERIENCE 2015-present

Administrative Assistant Hotel Iberostar Club Cala Barca, Porto Petro, Spain

2014-2014

Waiter Assistant Hotel Iberostar Club Cala Barca, Porto Petro, Spain

2013-2013

School Bus Assistant Atlas Servicios Empresariales SA, Campos, Spain

2012-2012

Photography Assistant Fotografia Bennàssar, Felanitx, Spain

EDUCATION AND TRAINING 2015-present

Administration and Finance Technician

High degree

IES Felanitx, Felanitx, Spain

2013-2015

Administrative Technician

Intermediate degree

IES Felanitx, Felanitx, Spain

2011-2012

Photography Technician

Intermediate degree

IES Juniper Serra, Palma, Spain

PERSONAL SKILLS Mother tongue(s) Other language(s)

Catalan

UNDERSTANDING

Listening

Reading

SPEAKING

Spoken interaction

Spoken production

WRITING


Spanish

C2

C2

C2

C2

C2

English

B1

B1

B1

B1

B1

Deutch

A1

A1

Safety

Problem solving

Basic user

Basic user

Communication skills

Organisational / managerial skills

Job-related skills

- Abilities to communicate. - Good expression. - Abilities to organize, sort and archive.

- Good organization at work. - Teamwork abilities.

Digital competence

SELF-ASSESSMENT

Information processing

Communication

Content creation

Independent user Independent user Independent user

Other digital competences

- Management of Windows and Apple - Programs image editing - Internet - Writing Programs (Word, PowerPoint ...) Other skills

- Data Availability. - Own car. - Knowledge of the agricultural world and mechanics.

Driving license

AM, B

ADDITIONAL INFORMATION Courses

- Card Boat Skipper (PER) - Course of Risk Prevention and school transport.


PERSONAL OPINION “WHO HAS DONE THAT?” INITIAL PRESENTATION: Llucia, Damià. BRAINSTORMING: Llucia, Miriam, Damià, Toni. SELECTION OF THE BEST IDEA: Llucia, Miriam, Damià, Toni. SOCIAL OBJECT: Llucia, Miriam, Damià, Toni. NAME: Damià, Llucia, Toni, Miriam. LOGO: Llucia. BUSINESS LOCATION: Damià, Miriam, Toni, Llucia. DESIGN PHYSICAL SPACE: Damià, Miriam, Toni, Llucia. REASONS FOR ENTREPRENEUR: Miriam and Toni. PROFILES OF MEMBERS: Miriam, Toni, Llucia, Damià. TRANSLATE: - Miriam: Initial presentation. - Toni: Business Location, Logo, Reasons for Entrepreneur, Name, Design Physical Space. - Damià: Object Social. Llucia: The group work was quite well. There are always different points of view, which can make things go much better than with just an opinion. This makes each of us more involved in the work. The hardest part has been the location, but we keep the same motivation to continue working. I think that the mark that I deserve is 8. Damià: My personal opinion of this phase of the project is that it has been a bit difficult to find a commercial location where there is a place and berths for boats, but all other decisions, such as the social object, name, logo… of our business, have been decided together. This has been one of the things that I liked, because we almost always agreed and shared the same views. I think that the mark that I deserve is 8.


Miriam: This project phase is a little bit difficult to do, since we say that this is the basis of our business. But where we had more difficulties and we had to work a lot of time in the location, which even though has been decided yet, we have already gathered enough information. On the other hand, we can say that despite the difficulties, the group dynamics is good. I think that the mark that I deserve is 8. Toni: In my opinion this part of the project has been difficult for us because our business is related to the sea, and we need to find places near. Personally the part of this phase that I like best has been the moment to choose the name and logo of the business. Finally I think that it is very interesting to work with a group of people to create a business and work together. I hope that our work will be successful. I think that the mark that I deserve is 8.

General mark: 7

Unit 1. Company plan  
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