BSM22006 Business Management Foundation Project Assignment Sample

Introduction to Business Management Foundation Project Assignment Sample

In current times, people do not have spare time to undertake all the household chores by their own rather prefer outsourcing such activities. The current project is based on establishing “Tech Wash” a laundry shop within London that aims at easing laundry process for customers.

This Business Management Foundation Project Assignment Sample explores the development of “Tech Wash”, a proposed laundry business in London designed to provide convenient household laundry services. An Assignment helper can support students in understanding business planning, identifying customer needs, and developing a practical service-based business concept.

1. Project Pitch

Business problem

Current pitch is based on establishing “Tech Wash” which will offer laundry services to the customers through the means of app and websites. It has identified that customer generally faces issue in timely delivering and collecting clothes from laundry shops due to their busy schedules. To overcome this situation, Tech Wash will be established which help customer in receiving laundry services with help of apps and websites.

Rationale

UK’s online Laundry Service market is expected to grow by 2.83% at end of 2030 (Laundry Care- UK, 2025). Referring the market trend it can be stated that proposed will offer positive outcome to the business entity. Moreover, over 5.6 million UK citizens are utilising this services indicating high growth opportunity for Tech Wash.

Objective

Below mentioned are Key objectives of Tech Wash

• To offer services to more than 15000 customers at the end of 4 months.
• To enhance brand awareness by 10% at the end of 8 months.
• To boost organization’s profit by 6% at the end of current year.

2. Project Scope

Scope statement

Project title	To start Tech Wash within London.
Project manager	Hary George
Project sponsor	Loan from banks and financial institution and owner’s capital
Project objective	To offer convenience to the customers in laundry services.
Project deliverables	There will be physical existence of Tech Wash at the end of the project.
Milestone	Initiating market research at end of 2 weeks Arranging all the required physical and monetary resources at the end of 6 week Undertaking marketing at the end of 8 week Hiring competent and skilled workers within 11 weeks Establishment of Tech Wash at end of 12 week.
Project constraint	There is lack of time and monetary resources. Moreover, if entity does not acquire land on timely basis then it creates issue in gaining permits. In addition to this, manager encountered issue in sourcing all the required resources on timely basis which may result into delay in the opening of business unit.

Key deliverable, milestone and Acceptance Criteria

• Key Deliverables: There will be an optimum website and physical existence of Tech Wash which ensures prominent laundry services for the customers.
• Milestones: At the end of 12^th week, manager aims to complete all the activities from exploring market to starting venture.
• Acceptance Criteria: The business is estimated to complete if it is capable in providing high quality services to the customers.

3. Project Team

Duties and responsibility of project leaders

• As a project leader, I will be involved toward estimating all the potential risk which could hamper success of the project. This in turn contributes in taking significant action to overcome the uncertainties (Gasemagha and Kowang, 2021).
• Focus will be paid over timely communicating vision and mission of business to all the stakeholders for promoting overall transparency.
• I will concentrate over developing competent and skilled workforce.
• Further, focus will be paid over doing regular monitoring of overall performance and providing necessary guidance to boost the efficiency (Blom, Steyn and Bond-Barnard, 2023).
• I will lay emphasis over managing interpersonal relationship among team members and reducing conflict.

Roles of other team members

Following are diverse roles and responsibilities of other team members within Tech Wash:

• Operational manager lays emphasis on doing monitoring of the organization’s working and formulate adequate strategy to attain the goals (Ismanto and Pebruary, 2023).
• HR Manager oversees recruitment, on boarding, T&D, hiring and compensation of all the other employees.
• Financial manager is involved towards forecasting and sourcing all the funds required within business entity (Ismanto and Pebruary, 2023). Financial manager also focuses over taking capital structure, investment and financing decision.
• Employees: The entire worker are required to follow all the instructions and guideline of top level managers which aids in attaining all the goals and objectives on timely basis.

4. Project Plan

Activities /weeks	1	2	3	4	5	6	7	8	9	10	11	12
Exploring current market
Findings opportunities and growth potentials
Creating Business plan
Deciding location and obtaining permits
Arranging required monetary resources
Development infrastructure
Installing machinery and equipments
Initiating marketing
Developing workforce
Scheduling task
Assigning duties and resources to employees
Establishing Tech Wash

Conclusion

In conclusion, it can be stated that there is a high demand for online laundry business that leads to the establishment of Tech Wash. Project leaders are also involved towards doing prominent valuation of market, acquire required resources and assign duties which aids in establishing the concerned business successfully.

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References

Books and Journals

• Blom, T., Steyn, H. and Bond-Barnard, T.J., 2023. The role of project manager competence in project management success: the case of a utility company. South African Journal of Industrial Engineering, 34(1), pp.143-154.
• Gasemagha, A.A. and Kowang, T.O., 2021. Project manager role in project management success. International Journal of Academic Research in Business and Social Sciences, 11(13), pp.1345-1355.
• Ismanto, H. and Pebruary, S., 2023. The role of manager behavior in explaining the financial planning and financial innovation of small and medium enterprises. Indonesian Journal of Business and Entrepreneurship (IJBE), 9(1), pp.36-36.
• Ismanto, H. and Pebruary, S., 2023. The role of manager behavior in explaining the financial planning and financial innovation of small and medium enterprises. Indonesian Journal of Business and Entrepreneurship (IJBE), 9(1), pp.36-36.
• Laundry Care- UK. 2025. Online. Available through: < https://www.statista.com/outlook/cmo/home-laundry-care/laundry-care/united-kingdom#:~:text=The%20Laundry%20Care%20market%20in,US%2416bn%20in%202025.>