Sunday, October 31, 2010

The business plan: resources and knowledge

Frame and Wheel has learned that consumers and independent bicycle stores want help selling their old bicycle gear and bikes on eBay.  Consequently, Frame and Wheel has learned a lot about eBay and the details and complexities of shipping items by UPS to international and domestic destintations. Frame and Wheel has also witnessed how a tremendous amount of bicycle commerce has moved onto eBay stores. Indeed, prices are not always lower, but selection is unlimited, there is the opportunity to make a "best offer" and shipping can be faster than ordering something from the independent bicycle store.  Frame and Wheel needs to learn more about the actual manufacturing process of carbon road frames. This will take some time. But Frame and Wheel has learned the basics by talking to people who know more about it, studying the safety requirements for bicycles and reading the instruction manuals and other promotional materials posted on bicycle websites. Frame and Wheel would like to obtain the old molds of the defunct Argus Bicycle Company to have for research and development, but the company does not have the resources for that at the moment. Frame and Wheel has enough resources to deliver sample frames procured in Asia, retain a lawyer to revive an abandoned trademark and provide eBay selling services. That is about it. But this blog is a rough draft for a comprehensive business plan that will allow the company to obtain outside finaning, and Frame and Wheel Serivces is a way for the company to learn about the Internet channel and learn more about the bicycle market. So far so good.

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