Organizational+Feasiblity

**Authored by Liming ** **Key Question **: Is this the right business for me? • What technical and management experience is required? As the website is the front line of online shopping business, so a good knowledge of website design and maintenance is one decisive factor of the success of this business.
 * Organizational Feasibility **

Considering the features of online clothes shopping, which involves a massive size of communicating and negotiating with manufactures and suppliers, so good communication and interpersonal skills are necessary for management skill.

• Who are the owners and what are their roles? The funders and the initial founders will be the owners. The funders as shareholders will benefit from company’s profit according to their proportion of shares. The founders will function as the executives, monitoring and pushing all the business procedures.

• What is the ownership structure? It depends on the investment. • What are the manpower requirements? Fashion Editor: the person who needs to have an acute sense of fashion climate and can assist in proposing design requirements, as well as can construct solid relationships with designers.

Collection Purchaser: the one who is familiar with the clothing market and can complete excellent bargain job, also can establish a good network with suppliers.

Customer Order Coordinator: People coping with and implementing customers’ online orders

Website designer: the one who has great knowledge of web design and IT maintenance

<span style="font-family: 'Times New Roman','serif'; font-size: 12pt; line-height: normal; margin: 0in 0in 0pt;">Financial officer: the one in charge of the monetary issues of the business

<span style="color: #0070c0; font-family: 'Times New Roman','serif'; font-size: 12pt; line-height: normal; margin: 0in 0in 0pt;">• Do our skills and abilities fit the business? <span style="font-family: 'Times New Roman','serif'; font-size: 12pt; line-height: normal; margin: 0in 0in 0pt;">The professional background gives us the advantage of collecting business information associated with this business and then making reasonable judgment.

<span style="color: #0070c0; font-family: 'Times New Roman','serif'; font-size: 12pt; line-height: normal; margin: 0in 0in 0pt;">• What are the skills needed that we don’t have? <span style="font-family: 'Times New Roman','serif'; font-size: 12pt; line-height: normal; margin: 0in 0in 0pt;">Knowledge about finance and how to establish a business model with high potential is a big concern for us.

<span style="color: #0070c0; font-family: 'Times New Roman','serif'; font-size: 12pt; line-height: normal; margin: 0in 0in 0pt;">• Who would we need to hire, when and how much would it cost? <span style="font-family: 'Times New Roman','serif'; font-size: 12pt; line-height: normal; margin: 0in 0in 0pt;">If funds permitted, one in-house designer can be hired or work as consultant to backup the design of our plus-size collections.

<span style="color: #0070c0; font-family: 'Times New Roman','serif'; font-size: 12pt; line-height: 115%; margin: 0in 0in 10pt;">• What is the company’s growth strategy? <span style="font-family: 'Times New Roman','serif'; font-size: 12pt; line-height: 115%; margin: 0in 0in 10pt;">Nowadays, more Singaporean are facing the problem of obesity, at the same time for them finding clothes with a good design and fitting their figure is not easy. Considering this, our main target will focus on this group of people. Besides providing clothes, we also incorporate other special services in the site, for instance, providing associated beauty information for them to attract more consumers. Membership regime is planned to be applied to increase business. <span style="color: #0070c0; font-family: 'Times New Roman','serif'; font-size: 12pt; line-height: 115%; margin: 0in 0in 10pt;">What are our interests and values? <span style="font-family: 'Times New Roman','serif'; font-size: 12pt; line-height: 115%; margin: 0in 0in 10pt;">Help everyone find his or her right clothes.