Professional Documents
Culture Documents
Tourism Management
2/19/2010
Preface
Project Feasibility study and evaluation course is studying the feasibility in business. This
project shows about feasibility of wedding organizer in Bangkok and throughout Thailand. This
project included with wedding organizer business management in term of business, competition
analysis, technique of process, the financial and risks in this business.
The project provides information to everyone who wants to invest about wedding business. It
shows about the process, the operation, the benefit and profit to investment in the wedding business.
We hope this project can help any investor to make decision before investment.
We expect the project will provide the benefit to people who interests in the project. If there is
any mistake in this project, our group has to apologize for those of it.
Getting married is one of the most wonderful moments in a person‘s life. Marriage
signals a happy reunion between man and woman for the purpose of joining their lives
together in a holy matrimony. Since the time of Adam and Eve, man and woman have not
lived apart and thus marriage is the natural extension of this tradition.
Weddings are big business. The Association of Bridal Consultants estimates that
consumers spend a whopping $33 billion on their weddings every year. In 1999, the average
wedding cost approximately $20,000, and many more couples spend on top of that amount.
Today‘s bride is spending more money than ever before to ensure that her wedding day - the
single most important day of her life - is planned to perfection. Once reserved only for the
very rich, today's brides- and grooms-to-be, often busy with dual careers yet wanting to make
their wedding uniquely personal, are turning to organizer for help. Wedding coordinators are
being used more to help couples save time, money and considerable stress preparing for the
wedding. More people are finding that a good wedding organizer could be a source of
information, ideas, and contacts for the bride-to-be.
Hiring a wedding consultant could help ensure that the wedding day ends far more
spectacular than the bride has ever envisioned. They provide guidance on etiquette,
invitations, planning and directing the rehearsal and ceremony, even arranging transportation
and accommodations. Wedding organizer may also assist in locating a site for the ceremony,
shopping for the wedding gown, arranging for childcare and shopping for wedding
accessories. As such, professional wedding organizer is compensated well for their
knowledge, talent, time, and expertise. The services of wedding organizer are also frequently
used in the planning of other social events such as anniversaries, engagement parties,
graduation celebrations and other similar functions. This creates the potential to tap into these
other markets as well, thereby expanding the overall prospects of your wedding coordination
business.
Weddings, being extremely emotional events, can oftentimes try the patience of a
saint. The wedding coordinator must be able to "handle" any situation that will arise. You
will be dealing with not with the bride and groom-to-be, but everyone else in their families
and circle of friends. Even the most well-planned, beautifully orchestrated event has some
sort of emotional twist or turn that a consultant must be able to skillfully negotiate.
Our organizer is located at Siam Paragon because there is the most popular shopping
mall in Thailand, is the interesting from the customer. It is the best way to contact and service
with customer easily. Siam Paragon will be the biggest main office for our organizer. It will
be a world class destination in the future.
Project objective
To stimulate commerce for the More Than Life Region either directly or indirectly
through More Than Life Weddings and acknowledging the high level of spend this
industry provides to the region.
Provides an opportunity to showcase a wedding product or service you provide as
well as collect leads from brides and grooms interested in what you are offering.
To educate the community, region & government bodies on the benefits the More
Than Life Wedding Industry to the More Than Life Region & Tourism Industry as a
professional and necessary industry to the region.
To research and obtain statistical & numerical (bath spend) data via the wedding
businesses to get a more accurate overview of weddings & wedding spend in More
Than Life and how much weddings directly and indirectly bring into the More than
Life economy.
To have a unified body of wedding professionals in More Than Life company.
To provide networking opportunities and introduce new businesses to the industry
who prior to the association would have trouble promoting their business to the
region.
More Than Life presence at national expos and cluster advertising when most smaller
businesses wouldn‘t be able to do this on their own.
Providing industry updates & updated statistics on the industry as a whole to our
members.
Professional Development Programs.
Stronger presence when lobbying to governments and council by pooling resources
and collectively soliciting for grants and other logistical resources required by the
industry.
Providing resources to the wedding industry.
Benefits of Project
This process refer to group gathering for better understand what will we do for the
project. We have to set up the company‘s goal and structure to implement the core concept of
company.
2. Diagnosis
3. Collaborative strategy
This process refers to project cycle management and key success factors by
brainstorming of group members. We have to define what will be done in strategy that we set
up as before.
4. Implementation
This kind of process is like a product development, which we have to consider about
the potential of company. Moreover we have to develop capacity of human resource,
technology, and financial of company to be effectiveness.
5. Evaluation
The relevance of evaluation process consists of the following and assessing the
successful of project. Moreover it can be reflected into lesson learn and all of project in the
next year.
Gantt chart for wedding planner project
Chapter 2
Industry profile
Chapter 2: Industry profile
-Nature of Industry
For most people that are getting married for the first time, planning a wedding can
be a time-consuming, overwhelming task. Planning for a typical wedding includes finding a
reception location, meeting with all the different wedding vendors including florists, disc
jockeys, photographers, and caterers, picking out attire, invitations, etc. The costs of a
wedding vary from region to region; one thing is certain, people are willing to spend when it
comes to their wedding. As you can see, different region can bring different wedding
tradition as well. So, More Than Life will offer you the best several of wedding style by tailor
made method. If you have a calm nature, a love of parties and a helpful disposition, an
exciting and lucrative career in wedding planning can be yours. Almost anyone can convert a
present occupation or hobby into being a wedding planner. Today's bride is too busy to plan
her own wedding, and what was once expected help from family members is now often
unavailable, because they live in other cities or are very busy with their own careers. To
reduce tension and to insure a perfect wedding, more and more brides are turning to wedding
planners for assistance. Your wedding day is possibly the most significant day in the life of
the bride and groom. A great deal of time and effort goes into this milestone event. When
organizing a wedding you need the assistance of your family and closest friends, as there are
so many elements that make up a wedding. Alternatively you can consider appointing a
wedding planner or coordinator who will organize your wedding day on your behalf. When
choosing a co-coordinator remember to use one that you get along with, communicate easily
to and understands what you are looking for. You first have to decide what type and style of
wedding you want, the color and theme, what type of décor you prefer, what entertainment is
required and most importantly the gift registry. Color brings your wedding to life! If there is a
formal ceremony, there are several other people involved - parents, bridesmaids, the best
man, relatives, and guests. More Than Life will facilitate the wedding planning process from
the buildup, all the way to the celebration. With reputable suppliers and vast amounts of
information supplied - Your wedding will be a momentous one!
Destination wedding in Thailand could be a memorable event of a lifetime. There are
some significant reasons why a destination wedding in Thailand is special. First of all,
Thailand is a country of beautiful natural resources: wonderful beaches, tropical islands,
wonderful mountains etc. Secondly, The quality of hotels and other services are superb.
Thailand's wedding options fit every taste and budget. You can have everything from a
simple ceremony to a full-blown extravaganza. Very important to note down, the prices are
reasonable for almost everything. People are smiling and welcoming. Last but not least,
quality of Thai cuisine is excellent. Those are some good reasons for you to answer to the
question "Why Thailand?"
* Registered marriages are needed for the marriage to be recognized in your own country.
* The paperwork for Registered Wedding normally takes three to four working days to
process for most countries and must start in Bangkok.
* You must make sure you have all the documentation before you come. For most countries
based on an English law system it is easier than most other countries which may require
government certified documents and guaranties to be obtained before you leave your country.
* With this we can help running the documents around to the Embassies before you come.
* A registered wedding is done at the local Amphur district Office which is similar to a
court house wedding.
* With our assistance we cut the time that you spend down to a few hours on the first
working day and a few hours on the third or fourth day.
* With our express service we can cut the overall time for many nationalities weddings one
or two working days.
* Buddhist Ceremonial weddings can be done with or without a legal marriage and either
before or after a legal marriage.
E-Mail sales2-dimension.co.th
Website http://www.2-dimension.co.th
E-Mail webmastersr-production.com
Website http://www.sr-production.com
Scene Sonic Co.,Ltd.
Address 242/34-35 Soi Ladprao 112 , Ladprao Rd., Wangtonglang, Bangkok 10310
E-Mail infoscenesonic.com
Website http://www.scenesonic.com
E-Mail infonrdv.com
Website http://www.nrdv.com
Website http://www.dream-plus.com
Cuttingedge Co.,Ltd.
Address 10th floor Tasniya Building 625, Ramkhamhaeng 39, Pracha-U-Tid Rd.,
Wangtonglang, Bangkok 10310 Thailand.
E-Mail infocuttingedgebkk.com
Website http://www.cuttingedgebkk.com
E-Mail candorcandor-productions.com
Website http://www.candor-productions.com
Address Omni Tower, Unit 69/57, 69 Sukhumvit Soi 4, Bangkok 10110 Thailand
E-Mail contactbenetonefilms.com
Website http://www.benetonefilms.com
The Eyes Co.,Ltd.
Address 1603 Town in Town Soi 5, Ladprao 94 Rd., Wangtonglang , Bangkok 10310
E-mail theeyestheeyes.co.th
Website http://www.theeyes.co.th
Mantello Co.,Ltd.
E-Mail teammantello.net
Website http://www.mantello.net
E-Mail producermultimedia-advertising.com
Website http://www.multimedia-advertising.com
Mega Disc Ltd.,Part
Website http://www.vdostudio.com
Thitiporn Multimedia
E-Mail thitimediahotmail.com
Website http://www.thitipornmultimedia.com
Videopromote Co.,Ltd.
Address 35/422 Soi Ladprao 71, Ladprao Rd., Ladprao , Bangkok 10310 Thailand.
Website http://www.videopromote.net
Address 116 Moo 5, Koh Lanta Yai, Koh Lanta, Krabi 81150 Thailand
E-Mail lantablissgmail.com
Website http://www.lantablissweddings.com
Employees 10 Persons
The process starts in Bangkok at your embassy. Your presence is required together
with your passport and photocopies of your passport to get a statutory declaration endorsed
by your embassy. It is easier and faster if you can bring this statutory declaration from your
home country as the embassy just has to verify the document and endorse it. Normally this
process takes 2 working days (it can be varied upon the requirements of each embassy).
Please check with us again to be sure of the details of requirements of your embassy.
Bangkok
Suanthip Restaurant
One of Thailand‘s finest Thai restaurants has received endless praise and admiration for its
unique signature recipes for Thai homemade cuisine and the picturesque ambience of its
traditional Thai houses set in the midst of an enchanting riverside garden landscape.
Chiangmai
The High resort. A total Zen experience from the moment of arrival.
Spread over 60 acres of natural landscapes we offer a self contained world of beauty,
incorporating serene paddy fields and exotic plantations. Mandarin Oriental Dhara Dhevi is
Chiang Mai‘s only luxury hotel and resort where you can enjoy one of the world‘s most
beautiful spas and surround yourself with the rich heritage of the Lanna Kingdom.
Chiangrai
Aleenta Huahin-Pranburi
Aleenta is a relaxing, tranquil and private boutique resort, with its location on a long stretch
of white sandy beach and is a perfect backdrop for your tropical dream wedding or perfect
beach honeymoon in Thailand.
Huahin
Veranda Huahin
Free your mind. Loosen your thoughts. Lie on the beach. Listen to the waves.
Anantara Hua-hin
Classic romance. Seaside luxury. Thai traditions.
Samui
Anantara Samui
Vibrant colours. Soothing seas. Island tranquility
Six Senses Hideaway Samui
The luxuriously appointed Six Senses Hideaway Samui is set around a gently sloping
headland on the northern tip of Samui Island amongst 20-acres of indigenous vegetation that
ensures maximum privacy while offering uninterrupted, breathtaking panoramas to the Gulf
of Siam and outlying islands.
Enjoy a spectacular hillside setting, overlooking a secluded bay just north of the world-
famous Chaweng Beach. A truly unforgettable experience awaits you at the Nora beach
Resort & Spa
Krabi
Indulge in an exclusive treatment by Lanc?me, the hallmark of French luxury and beauty.
Pamper yourself with a personalized classic treatment offered in a "cocoon" and awaken your
senses. Le Spa exists to enhance the well-being of our guests.
Situated in the exotic province of Krabi, Sheraton Krabi Beach Resort enjoys a white sandy
beachfront location on the 1.8-kilometer Klong Muong Beach. The resort offers high
standards of impeccable service with the warmth of Thai hospitality
Anantara Sikao
Koh Yao Noi is a picturesque island in Thailand‘s Phang Nga Bay - the unique natural
environment setting for the 9.6-hectare, or almost 24-acre Six Senses Hideaway Yao Noi, that
exemplifies the Six Senses Hideaway philosophy of Redefining Experiences from arrival to
departure. The natural vegetation and tropical landscaping provide privacy and allow glorious
views over Phang Nga Bay.
Phuket
Aleenta Phuket-Pangnga
Aleenta Resort and Spa Phuket – Phangnga is a stunning and award winning small luxury
hotel and hideaway with 15 private Beach Front Villas and Ocean View Residences and 15
Pool Suites and Pool Villas, all within steps of the ocean, all with stunning view of the
Andaman Sea.
Anantara Phuket
Secluded lagoons. Pool villa sunsets. Unforgettable Thai smiles.
JW Marriott Phuket
Mom Tri's Boathouse
Mom Tri‘s Boathouse is a luxurious Boutique Hotel located directly on beautiful Kata Beach.
Now two new Dolphin Pool Villas with butler service complement the 36 rooms and suites.
The Boathouse Wine & Grill boasts the finest Thai and French gourmet dining and a wine
cellar with more than 750 labels. It is the only winner in the Kingdom of Thailand of the
Wine Spectator‘s ‗Best of Award of Excellence since 2006‘
-Situation of Industry
More Than Life is entering its a few year of operation. Through market research
including focus groups, it appears the idea will be well received and marketing is now crucial
for developing visibility. The store offers wedding dresses and accessories for rent. The basic
market need is the ability to rent wedding dresses as opposed to the customary practice of
having to purchase them for only one day.
Market size: Nowadays, Thai weddings are getting bigger and better. The expanding
wedding market in Thailand is pegged at 500,000 baht by industry sources and is growing
annually by 25 – 30 %.
History: The grandeur and charisma of Thai weddings has enticed and enraptured many.
The portrayal of the warmth, fun and frolic of the Indian wedding owes a lot to Bangkok.
Market Stage: It‘s is a new market. It is a latest trend to hire wedding party coordinators to
take care of the entire wedding event.
Market Needs: The market needs for wedding planning services are strongly shaped by the
customers' desire to have a perfectly planned and executed wedding ceremony. Although
major customer segments, brides and grooms and family members, plan and budget for the
wedding ceremony as far as a year or more in advance, they often realize that they cannot
make all the necessary preparations by themselves in a cost effective manner. Strongly
affected by the established social values, such customers seek professional advice to ensure
that all the important aspects of the wedding ceremony meet or exceed perceived
expectations.
Market potential: The wedding scenario in Thailand is more than just getting married. The
exotic destinations, Thailand have the important attractions that successful usage of these
places in the form of Imaginative weddings. The change is visible in the middle class who
want the flavor and ambience of elite weddings. Seeing the world around they too are
spending and want the best available. It sort of coincided with the rise in disposable incomes
of the rich and upper middle Thai class and over the years weddings have become
inspirational. ―Your wedding should be better than your neighbor‘s‖.
Demand Cycle: February to May is the most popular months for weddings. February 14 is
considered to be the most auspicious day for weddings and is a jam packed day for weddings.
More Than Life is entering its a few year of operation. Through market research
including focus groups, it appears the idea will be well received and marketing is now crucial
for developing visibility. The store offers wedding dresses and accessories for rent. The basic
market need is the ability to rent wedding dresses as opposed to the customary practice of
having to purchase them for only one day.
Marriages
Registrations in Thailand
-Product and service in General
More Than Life will offer the best service in the industry. You will have a large
network of vendors to ensure each and every client need can be satisfied. You will have
professional managers and staff members who will interface with clients to ensure
expectations are exceeded. Additionally, equipment (e.g. banquet tables and chairs) will be
purchased, as cash flow allows, increasing your profit margin.
As you know, our business is about wedding planner, so our product will be many
plans which are selected by customer. However, we can offer customer for product and
service as they wants. We can divide our product and service as follows:
• Wedding Cake
• Flowers
• Table decorations including table plans, personalized menus, and place names,
wedding favors, table confetti, poppers, bubbles and disposable cameras.
• Party Decorations
• Wedding Locations
• Wedding Videos
• Bridal transport (white Mercedes, vintage car, Rolls Royce, horse & carriage)
• Renewal of vows
• Assistance with accommodation in either hotels or villas for the wedding party
-Vision of Organization
One Stop Wedding Services is at the heart of our business. Our philosophy is to take
care of every customer, by offering professional consultation services in every wedding
related step to prepare you for your most important day. We are starting with the concept of
your wedding, the venue, the floral arrangements, the musical arrangement, selecting your
wedding gown, make-up and hair style that would make you the most special bride in this
most important occasion. We also offer other complementary services such as exclusive
Limousine rental, and many other services that would make the wedding an unforgettable
experience. Every consultation given will mainly be based on our customers‘ needs just to
make this occasion as you dreamed of.
-Mission of Organization
More Than Life is here to help from this day forward and create some of the most
memorable moments for your special day. We try to distinguish ourselves through our service
and our concern for our customers. We are a full service company that provides complete
wedding consulting services. Our consultants are experienced and dedicated professionals in
the areas of wedding themes, wedding dressmaking, photography and videographer etc.
We offer a high-quality option for a real life wedding, making it one of a kind, and
we give our customers our undivided attention. We listen to our customers' needs and have
them involved and work with them to create the event of their dreams. Our customers' wishes
become our desires. So whether our customer wants a Lanna, tropical, western, international
or more traditional wedding; we can help and direct. Our services include weddings,
weddings receptions, budget planning, as well as full service referrals to florists, hair stylists,
entertainers, musicians and photographers, etc.
More Than Life was established by a group of friends, out of a desire to create every
wedding to be the best day for every couple. We will make every effort create a special day
that will be memorable for the rest of their lives, making sure that the wedding style suits the
bride and groom, from the location to the wedding attire. We understand that every couple
wants something special for their wedding.
More Than Life is confident to make your dream come true. And we love to make a
memorable wedding gallery by professional photographers. In according, we are not just an
advertisement, so choose More Than Life and let us make your wedding dreams become
reality! Our heart to create a beautiful memory of each wedding is what we believe, one of
the secrets to our success. We constantly strive to achieve the desired results for our clients.
We will provide the highest level of customer service and maintain customer satisfaction,
always trying to exceed their expectations. Our commitment to our clients is based on long-
term relationships formed through dedicated service, value of creativity and loyalty. We will
create a friendly and stress free environment. This will be accomplished by emphasizing
excellence in service.
-Strategy
Corporate Strategy
More Than Life is new wedding planner business which will be well-known wedding
business in Siam Paragon. The business will expand the product by horizontal strategy to
reach the high value for profit from competitors. We will increase the product line of our
product into many categories such as bridal dress, wedding card, wedding cake, and wedding
venue, style of food and beverage, wedding themes by increasing an awesome idea into the
product. We think this strategy will lead us to be growth rapidly in the wedding industry.
Business Strategy
We are dependable and keep our word. We put our customers ideas first, and support
their ideas with our professional impute. Our strategy is to have all great agreement between our
customers. We love being a company that can be customers' friend and consultant. We value our
relationship with customers. We do not have a minimum budget but cater to couples from all
walks of life. This is how we increase our clientele, in comparison to those companies who only
take on clients with a set budget.
Product differentiation: It is very important for any new entrant or even for an
existing product to cater such services to the customers that are not catered by its competitors.
Our creative teams at SUTRADHAR will continuously work to evolve our services in a such
a way that we always stay number one in the market and be in the best in customer
satisfaction.
Personnel differentiation: Since ours is a service industry, our employees are our
brand ambassadors. They are the one who will be directly dealing with our clients. Customer
satisfaction will totally depend on their efficient handling of our clients. Wedding is a
occasion which is very close to every one‘s heart and each client would want it to happen
exactly the way he/ she has dreamt about it. So a personnel training is an important tool for
our success.
Channel differentiation: Our strategy is our superior BACK END SYSTEM, which
is made up by our channel‘s coverage, expertise and performance. Not partially, but our
complete success is based on our superior channel development.
Image differentiation: The image which we want to portray for our wedding services
is that of a wedding planner which turns out to be the connecting point for our clients‘. We
intend to portray ourselves as the wedding planner who takes care of the smallest of details of
the wedding, and provide the best of services, and making the one day of our client a lifelong
memory. Some of print advertisements to portray our image are shown as follows.
Functional Strategy
Marketing Strategy
Product Strategy
-Created the different strategy with interesting promotion to attract the customer.
Price Strategy
Place Strategy
Financial Strategy
- Join with SMEs that is the policy to loan the money with the cheaper interest.
- Improve financial system to develop the form and present financing clearly.
- Setting course of training to employee and the member in the business to be skillful.
Market Analysis
Political: Nowadays, government supports for SMEs business to build stability for any
business. Government releases a lot of fund to give an opportunity to any business, so it
becomes more positive impact for our business as well.
Resource: As you know where there are wedding ceremony, almost around location must
decorate by a lot of flowers. As you know our head office situated in Bangkok, so it‘s quite
easy to find a lot of flowers to decorate some ceremony near Bangkok. It will be less cost for
transportation. You can see it‘s the best way to reduce budget of flower in wedding
ceremony. Now, there are many organizations that support production of any decoration for
wedding ceremony, we can use their service to prevent economic leakage as well.
Economy: Thailand has good policies from government. The government of Thailand
support about tourism business. It is the best chain that will increase benefit of wedding
company business. Tourists who travel in Thailand will be interest group to be organizing
their wedding. The valentine day will be increased the value of business. The economic in
Thailand makes the government set up the policy about SMEs, is the project for any investor.
They can borrow the money from the government with lower interest. Wedding organizer can
be spread the organization and business that support by SMEs. However, there are many
ways to support the economic in Thailand. The investors can join with the policy of
government.
Social and environment: More Than life is located in Siam Paragon, so it‗s quite easy to
promote our business and attract people come to use our service. Beside, an interesting
culture and tradition of each province in Thailand can create a unique wedding ceremony to
both Thai and foreigner. As you know Thailand is popular country for travel, so it‘s a
competitive advantage to attract some couple to use our service and them willing to pay much
for their weeding because it‘s once in their life to try setting their own weeding as their mind.
Technology: Technology has played an important role to create easier to communicate with
many business suppliers we need to contact. For example; we use internet to access any
suppliers to use their service for serving our customer. Moreover we bring a new technology
to apply with our business. We present many plan to customer with 3D innovation. It can
create satisfaction and impression of customer who come to use our service.
>Competitor analysis: In formulating business strategy, More Than Life consider the
strategies of the firm's competitors. While in highly fragmented commodity industries the
moves of any single competitor may be less important, in concentrated industries competitor
analysis becomes a vital part of strategic planning. Occasions are in a unique position of
competition. Wedding planners compete against hotels with banquet facilities, other event
planners both on the large and small scale, persons within an organization who are assigned
the task of organizing an event, and people who wish to organize their own events without
the benefit of assistance. The benefits and drawbacks of each of our competitors, as compared
with the services we offer, are hardly a match in quality and price
Major Competitors
Teerak Studio Teamwork is very important for our organization, because we believe that
Teamwork is what makes our services and products the best for our customers. Therefore, we
continuously arrange internal workshops and seminars to improve and develop personnel
skills. Other than this, they have also established a Customer Care Center to listen to every of
our customers‘ comments and suggestions for further improvement on our services. Customer
Care Center can insure that your inquiries are handled with effectiveness and special
dedication. Teerak Studio One Stop Wedding Services is at the heart of business. Philosophy
is to take care of every customer like you, by offering professional consultation services in
every wedding related step to prepare you for your most important day. We are starting with
the concept of your wedding, the venue, the floral arrangements, the musical arrangement,
selecting your wedding gown, make-up and hair style that would make you the most special
bride in this most important occasion. We also offer other complementary services such as
exclusive Limousine rental, Honeymoon planning, and many other services that would make
your wedding an unforgettable experience. Every consultation given will mainly be based on
our customers‘ needs just to make this occasion as you dreamed of. Teerak Studio Teamwork
is very important for our organization, because we believe that Teamwork is what makes our
services and products the best for our customers. Therefore, we continuously arrange internal
workshops and seminars to improve and develop personnel skills. Other than this, we have
also established a Customer Care Center to listen to every of our customers‘ comments and
suggestions for further improvement on our services. Our Customer Care Center can insure
that your inquiries are handled with effectiveness and special dedication.
Coniza Company (in paragon)
Advantage: It is located at the popular mall that is well- known for other people.
Disadvantage: It doesn't have the better advertising to promote the company such as website.
Background: the Company of wedding planner and wedding studio. It located in Siam
Paragon, Bangkok.
>Customer analysis: More Than Life is a wedding planner, so nothing good than offer a
very perfect plan to customer and make them happy to use our service. We can make just
only one day to be a memorable day in their life. The company goes about the day-to-day
operations with the belief that 100% customer satisfaction is required in order to make the
business a success. All levels of the organization have been taught this and practice it
Who - Advertisement
- Positive Word of mouth.
(Organization)
>Competitive analysis: More Than Life use technology to be competitive advantage. As you
see, it‘s easy to access our customer wherever they are. We bring a new innovation to be
applied in our business. For example, we present many plans or projects to customers, so they
can get it easily with 3D media we offered them. To be successful in competitive advantage,
we strive to use put strategy and pull strategy to complete our target. Currently there is no
more company that provide all-inclusive wedding planner with several style such as Western,
Europe, Eastern, or Lanna style. Customer can design their dream for wedding, and then we
will continue their wedding to be a perfect dream as their mind.
SWOT Analysis
The following SWOT analysis captures the key strengths and weaknesses within the
company, and describes the opportunities and threats facing More Than Life.
Strengths
•Outstanding alterations allowing all products to be fit to the wide variety of body types.
Weaknesses
•The requirement to generate awareness, not only about the company, but for the industry as
a whole.
Opportunities
•Rationality.
Threats
•Competition.
Wedding Cake / / /
Flowers / / /
Table decorations / / /
including table plans,
personalized menus,
place names, wedding
favors, table confetti,
poppers, bubbles and
disposable cameras
Reception venue / / /
restaurant, hotel, yacht,
taverna, beach
Wedding dress and suit / / /
hire
Bridal hair, makeup, / / /
manicure & pedicure
Photographer & / / /
wedding DVD, album
or storybook
Party Decorations / / /
Wedding Locations / / /
Wedding Videos / / /
*segmentation
Although the flash and excitement of impending nuptials can be intoxicating, it can
also be overwhelming. Therefore, we primarily market our services to the people who need
those most--brides and grooms. Another customer segment is represented by the numerous
family members and guests attending weddings, anniversaries, and similar events. This
segment requires event preparation services like gift ideas, etiquette tips, etc. Besides the
wedding arrangements, which More Than Life Wedding Planners believe to be their major
client assignments, other events the company will provide services to include corporate
retreats, etiquette training, etc. This customer segment is estimated to have the annual volume
of 1,000 orders in Thailand.
*Target Market
Being the first year of our business, our head offices will be in one main city,
Bangkok. We have chosen the city for keeping in mind our TARGET SEGMENT. Well for
the time being we have classified our segment according to income.
Our target segment for the time being are the customers whose budget for the
wedding is 500,000 baht and above. The reason that being, because these people will be
ready to shell out more money for grandeur and for a magnificent wedding. This explains our
choice of city for our head offices. Thailand is an attractive country, because of the lifestyle
they have, customers there are more open to new ideas. But again our segmentation is multi-
segmentation. As mentioned earlier also, we will be providing services to all religions, in
order to get the maximum share in the consumer market it is indeed very important to cater to
all possible religions we can. Below is the profile of the target market:
More Than Life will position itself as a niche service wedding planner serving Thai or
foreign customer. The market will recognize the value that More Than Life provides with its
specialized services. More Than Life will leverage its competitive edge to achieve the desired
positioning. More Than Life's competitive edge will be based on two factors, specialization
and strategic relationships. More Than Life will be specializing in many distinct areas of
corporate planning. While specializing essentially precludes More Than Life participating in
some other market niches, it allows the company to excel in serving its chosen markets.
Additionally, the expert knowledge allows More Than Life to provide the service as a cost
saving to the client company because it can concentrate on improving the current offerings.
Improvements that More Than Life strives for are a reduction in cost charged to the client and
an improvement to the level of services offered.
Product: Product: As you know, our business is about wedding planner, so our product will
be many plans which are selected by customer. However, we can offer customer for product
and service as they wants. We can divide our product and service as follows:
Price: As you know More Than Life is a wedding planner, so our business cannot identify a
specific price for each plan because each plan is not the same. However, the prices that we set
are very reliable. Some strategy is applied to our business such as skim, market penetration,
etc. As you know in the world of business, there are high and low season so our business
prepare for promotion to serve the needs of customer even if low season as well. Also we
have to use price discrimination to be a alternative for customer. The pricing scheme will be
based on a per project estimate tailored to each customer.
Place: More Than life is situated in Siam Paragon and can be performed throughout
Thailand, determined by the needs of customer. We concern about the easy way to connect
any business supplier. We need to follow order processing which we have planed. However,
the customers can connect us every where such as, internet or agency in Bangkok. We try to
spread communication in every region of Thailand. We proud present the image of our
business and increase reputation.
Promotion: Several forms of advertising and promotion will be used including website,
partnership/networking, and participation at various trade shows. We use technology to be
promoting our business through many websites. Also we offer sale promotion for our
customer at least twice a year. For example; customer who used to try our service that is cost
more than 1,500,000 baht then the next time you will get 15% discount automatically.
Marketing Expense (Sale Incentive)
Brochure
Radio advertise
• Easy FM 105.5
• 1,500 Bath/spot
• Short spot and speaking brand and products or service. The length is about 30 second
– minutes that include name, slogan, sale promotion and place.
Sale promotion
At wedding Fair
Only at 14 February
Expense/month JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total
Radio Adv. 54,000 54,000 54,000 54,000 54,000 54,000 54,000 54,000 54,000 54,000 54,000 54,000 648,000
Brochure 1,000 1,000 700 700 700 700 500 500 500 1,000 1,000 1,000 9,300
Total 55,000 55,000 54,700 54,700 54,700 54,700 54,500 54,500 54,500 55,000 55,000 55,000 657,300
60,000
50,000
40,000
10,000
0
JAN MAR MAY JUL SEP NOV
Marketing Expenses of More Than Life in Year 2011
Expense/month JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total
Radio Adv. 54,000 54,000 54,000 54,000 54,000 54,000 54,000 54,000 54,000 54,000 54,000 54,000 648,000
Brochure 1,000 1,000 700 700 700 700 500 500 500 1,000 1,000 1,000 9,300
Total 55,000 55,000 54,700 54,700 54,700 54,700 54,500 54,500 54,500 55,000 55,000 55,000 657,300
60,000
50,000
40,000
10,000
0
JAN MAR MAY JUL SEP NOV
Marketing Expenses of More Than Life in Year 2012
Expense/month JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total
Radio Adv. 54,000 54,000 54,000 54,000 54,000 54,000 54,000 54,000 54,000 54,000 54,000 54,000 648,000
Brochure 1,000 1,000 700 700 700 700 500 500 500 1,000 1,000 1,000 9,300
Total 55,000 55,000 54,700 54,700 54,700 54,700 54,500 54,500 54,500 55,000 55,000 55,000 657,300
60,000
50,000
40,000
10,000
0
JAN MAR MAY JUL SEP NOV
Marketing Expenses of More Than Life in Year 2013
Expense/month JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total
Radio Adv. 54,000 54,000 54,000 54,000 54,000 54,000 54,000 54,000 54,000 54,000 54,000 54,000 648,000
Brochure 1,000 1,000 700 700 700 700 500 500 500 1,000 1,000 1,000 9,300
Total 55,000 55,000 54,700 54,700 54,700 54,700 54,500 54,500 54,500 55,000 55,000 55,000 657,300
60,000
50,000
40,000
10,000
0
JAN MAR MAY JUL SEP NOV
Marketing Expenses of More Than Life in Year 2014
Expense/month JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total
Radio Adv. 54,000 54,000 54,000 54,000 54,000 54,000 54,000 54,000 54,000 54,000 54,000 54,000 648,000
Brochure 1,000 1,000 700 700 700 700 500 500 500 1,000 1,000 1,000 9,300
Total 55,000 55,000 54,700 54,700 54,700 54,700 54,500 54,500 54,500 55,000 55,000 55,000 657,300
60,000
50,000
40,000
10,000
0
JAN MAR MAY JUL SEP NOV
Sale of Year 2010 P3
Year 2010
Sale volume
Product and service/month Price JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total
Custom 30,000 6 13 6 4 4 4 4 6 7 8 8 11 81
Card/1,000 10,000 6 13 6 4 4 4 4 6 7 8 8 11 81
Souvenir/1,000 20,000 6 13 6 4 4 4 4 6 7 8 8 11 81
Florist 30,000 6 13 6 4 4 4 4 6 7 8 8 11 81
Location 55,000 6 13 6 4 4 4 4 6 7 8 8 11 81
Musician 10,000 6 13 6 4 4 4 4 6 7 8 8 11 81
Ritual 5,000 6 13 6 4 4 4 4 6 7 8 8 11 81
Frames 6,000 6 13 6 4 4 4 4 6 7 8 8 11 81
Photography 40,000 6 13 6 4 4 4 4 6 7 8 8 11 81
Video 8,000 6 13 6 4 4 4 4 6 7 8 8 11 81
Total sale
Product and
service/month JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total
Custom 180,000 390,000 180,000 120,000 120,000 120,000 120,000 180,000 210,000 240,000 240,000 330,000 2,430,000
Card 60,000 130,000 60,000 40,000 40,000 40,000 40,000 60,000 70,000 80,000 80,000 110,000 810,000
Souvenir 120,000 260,000 120,000 80,000 80,000 80,000 80,000 120,000 140,000 160,000 160,000 220,000 1,620,000
Florist 180,000 390,000 180,000 120,000 120,000 120,000 120,000 180,000 210,000 240,000 240,000 330,000 2,430,000
Location 330,000 715,000 330,000 220,000 220,000 220,000 220,000 330,000 385,000 440,000 440,000 605,000 4,455,000
Make up and hairstyle 48,000 104,000 48,000 32,000 32,000 32,000 32,000 48,000 56,000 64,000 64,000 88,000 648,000
Musician 60,000 60,000 60,000 40,000 40,000 40,000 40,000 60,000 70,000 80,000 80,000 110,000 740,000
Ritual 30,000 65,000 30,000 20,000 20,000 20,000 20,000 30,000 35,000 40,000 40,000 55,000 405,000
Frames 36,000 78,000 36,000 24,000 24,000 24,000 24,000 36,000 42,000 48,000 48,000 66,000 486,000
Photography 240,000 520,000 240,000 160,000 160,000 160,000 160,000 240,000 280,000 320,000 320,000 440,000 3,240,000
Video 48,000 104,000 48,000 32,000 32,000 32,000 32,000 48,000 56,000 64,000 64,000 88,000 648,000
Total 1,332,000 2,816,000 1,332,000 888,000 888,000 888,000 888,000 1,332,000 1,554,000 1,776,000 1,776,000 2,442,000 17,912,000
P4
600,000 Florist
400,000 Location
Make up and hairstyle
200,000
Musician
0 Ritual
Frames
Y
R
N
V
L
JU
A
SE
O
JA
M
M
N
Photography
Month Video
Sale of Year 2011 p5
Year 2011
Sale
volume
Product and service/month Price JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total
Custom 30,000 10 15 7 4 4 4 4 7 8 9 10 11 93
Card/1,000 10,000 10 15 7 4 4 4 4 7 8 9 10 11 93
Souvenir/1,000 20,000 10 15 7 4 4 4 4 7 8 9 10 11 93
Florist 30,000 10 15 7 4 4 4 4 7 8 9 10 11 93
Location 55,000 10 15 7 4 4 4 4 7 8 9 10 11 93
Musician 10,000 10 15 7 4 4 4 4 7 8 9 10 11 93
Ritual 5,000 10 15 7 4 4 4 4 7 8 9 10 11 93
Frames 6,000 10 15 7 4 4 4 4 7 8 9 10 11 93
Photography 40,000 10 15 7 4 4 4 4 7 8 9 10 11 93
Video 8,000 10 15 7 4 4 4 4 7 8 9 10 11 93
Total sale
Product and
service/month JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total
Custom 300,000 450,000 210,000 120,000 120,000 120,000 120,000 210,000 240,000 270,000 300,000 330,000 2,790,000
Card 100,000 150,000 70,000 40,000 40,000 40,000 40,000 70,000 80,000 90,000 100,000 110,000 930,000
Souvenir 200,000 300,000 140,000 80,000 80,000 80,000 80,000 140,000 160,000 180,000 200,000 220,000 1,860,000
Florist 300,000 450,000 210,000 120,000 120,000 120,000 120,000 210,000 240,000 270,000 300,000 330,000 2,790,000
Location 550,000 825,000 385,000 220,000 220,000 220,000 220,000 385,000 440,000 495,000 550,000 605,000 5,115,000
Make up and hairstyle 80,000 120,000 56,000 32,000 32,000 32,000 32,000 56,000 64,000 72,000 80,000 88,000 744,000
Musician 100,000 150,000 70,000 40,000 40,000 40,000 40,000 70,000 80,000 90,000 100,000 110,000 930,000
Ritual 50,000 75,000 35,000 20,000 20,000 20,000 20,000 35,000 40,000 45,000 50,000 55,000 465,000
Frames 60,000 90,000 42,000 24,000 24,000 24,000 24,000 42,000 48,000 54,000 60,000 66,000 558,000
Photography 400,000 600,000 280,000 160,000 160,000 160,000 160,000 280,000 320,000 360,000 400,000 440,000 3,720,000
Video 80,000 120,000 56,000 32,000 32,000 32,000 32,000 56,000 64,000 72,000 80,000 88,000 744,000
Total 2,220,000 3,330,000 1,554,000 888,000 888,000 888,000 888,000 1,554,000 1,776,000 1,998,000 2,220,000 2,442,000 20,646,000
P6
Florist
600,000
Location
400,000
Make up and hairstyle
200,000
Musician
0
Ritual
L
JA
N AR AY JU SE
P O
V Frames
M M N
Photography
Month
Video
Sale of Year 2012 P7
Year 2012
Sale
volume
Product and service/month Price JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total
Product and service/month JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total
Custom 360,000 510,000 330,000 240,000 120,000 60,000 60,000 120,000 240,000 300,000 300,000 510,000 3,150,000
Card 120,000 170,000 110,000 80,000 40,000 20,000 20,000 40,000 80,000 100,000 100,000 170,000 1,050,000
Souvenir 240,000 340,000 220,000 160,000 80,000 40,000 40,000 80,000 160,000 200,000 200,000 340,000 2,100,000
Florist 360,000 510,000 330,000 240,000 120,000 60,000 60,000 120,000 240,000 300,000 300,000 510,000 3,150,000
Location 660,000 935,000 605,000 440,000 220,000 110,000 110,000 220,000 440,000 550,000 550,000 935,000 5,775,000
Make up and hairstyle 96,000 136,000 88,000 64,000 32,000 16,000 16,000 32,000 64,000 80,000 80,000 136,000 840,000
Musician 120,000 170,000 110,000 80,000 40,000 20,000 20,000 40,000 80,000 100,000 100,000 170,000 1,050,000
Ritual 60,000 85,000 55,000 40,000 20,000 10,000 10,000 20,000 40,000 50,000 50,000 85,000 525,000
Frames 72,000 102,000 66,000 48,000 24,000 12,000 12,000 24,000 48,000 60,000 60,000 102,000 630,000
Photography 480,000 680,000 440,000 320,000 160,000 80,000 80,000 160,000 320,000 400,000 400,000 680,000 4,200,000
Video 96,000 136,000 88,000 64,000 32,000 16,000 16,000 32,000 64,000 80,000 80,000 136,000 840,000
Total 2,664,000 3,774,000 2,442,000 1,776,000 888,000 444,000 444,000 888,000 1,776,000 2,220,000 2,220,000 3,774,000 23,310,000
P8
800,000
600,000 Florist
400,000 Location
200,000 Make up and hairstyle
0 Musician
Ritual
Y
G
N
R
PR
T
V
L
N
B
EC
P
Frames
C
A
JU
O
SE
JA
U
JU
FE
O
M
A
D
M
N
Photography
Month
Video
Sale of Year 2013 P9
Year 2013
Sale
volume
Product and service/month Price JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total
Product and service/month JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total
Custom 390,000 540,000 360,000 240,000 60,000 60,000 60,000 120,000 240,000 300,000 360,000 420,000 3,150,000
Card 130,000 180,000 120,000 80,000 20,000 20,000 20,000 40,000 80,000 100,000 120,000 140,000 1,050,000
Souvenir 260,000 360,000 240,000 160,000 40,000 40,000 40,000 80,000 160,000 200,000 240,000 280,000 2,100,000
Florist 390,000 540,000 360,000 240,000 60,000 60,000 60,000 120,000 240,000 300,000 360,000 420,000 3,150,000
Location 715,000 990,000 660,000 440,000 110,000 110,000 110,000 220,000 440,000 550,000 660,000 770,000 5,775,000
Make up and hairstyle 104,000 144,000 96,000 64,000 16,000 16,000 16,000 32,000 64,000 80,000 96,000 112,000 840,000
Musician 130,000 180,000 120,000 80,000 20,000 20,000 20,000 40,000 80,000 100,000 120,000 140,000 1,050,000
Ritual 65,000 90,000 60,000 40,000 10,000 10,000 10,000 20,000 40,000 50,000 60,000 70,000 525,000
Frames 78,000 108,000 72,000 48,000 12,000 12,000 12,000 24,000 48,000 60,000 72,000 84,000 630,000
Photography 520,000 720,000 480,000 320,000 80,000 80,000 80,000 160,000 320,000 400,000 480,000 560,000 4,200,000
Video 104,000 144,000 96,000 64,000 16,000 16,000 16,000 32,000 64,000 80,000 96,000 112,000 840,000
Total 2,886,000 3,996,000 2,664,000 1,776,000 444,000 444,000 444,000 888,000 1,776,000 2,220,000 2,664,000 3,108,000 23,310,000
P10
800,000 Florist
600,000 Location
400,000 Make up and hairstyle
200,000 Musician
0
Ritual
N R Y L P V Frames
JA MA MA JU SE NO
Photography
Month
Video
Sale of Year 2014 P11
Year 2014
Sale
volume
Product and service/month Price JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total
Product and service/month JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total
Custom 450,000 570,000 360,000 180,000 60,000 60,000 60,000 120,000 180,000 360,000 420,000 510,000 3,330,000
Card 150,000 190,000 120,000 60,000 20,000 20,000 20,000 40,000 60,000 120,000 140,000 170,000 1,110,000
Souvenir 300,000 380,000 240,000 120,000 40,000 40,000 40,000 80,000 120,000 240,000 280,000 340,000 2,220,000
Florist 450,000 570,000 360,000 180,000 60,000 60,000 60,000 120,000 180,000 360,000 420,000 510,000 3,330,000
Location 825,000 1,045,000 660,000 330,000 110,000 110,000 110,000 220,000 330,000 660,000 770,000 935,000 6,105,000
Make up and hairstyle 120,000 152,000 96,000 48,000 16,000 16,000 16,000 32,000 48,000 96,000 112,000 136,000 888,000
Musician 150,000 190,000 120,000 60,000 20,000 20,000 20,000 40,000 60,000 120,000 140,000 170,000 1,110,000
Ritual 75,000 95,000 60,000 30,000 10,000 10,000 10,000 20,000 30,000 60,000 70,000 85,000 555,000
Frames 90,000 114,000 72,000 36,000 12,000 12,000 12,000 24,000 36,000 72,000 84,000 102,000 666,000
Photography 600,000 760,000 480,000 240,000 80,000 80,000 80,000 160,000 240,000 480,000 560,000 680,000 4,440,000
Video 120,000 152,000 96,000 48,000 16,000 16,000 16,000 32,000 48,000 96,000 112,000 136,000 888,000
Total 3,330,000 4,218,000 2,664,000 1,332,000 444,000 444,000 444,000 888,000 1,332,000 2,664,000 3,108,000 3,774,000 24,642,000
P12
800,000 Florist
600,000 Location
400,000 Make up and hairstyle
200,000 Musician
0 Ritual
Frames
N R Y L P V
JA MA MA JU SE NO Photography
Month Video
Conclusion in market feasibility
The table of sale forecast of More Than Life Company in each year, it can represent
clearly. In every season, it can affect directly to total sales for More Than Life Company.
In winter season, it is between Oct – Feb, This period is high season in every year,
and it has high demand of customers to use our service. And it has festival for love in
February that is Valentine‘s Day cause to increase trend of total sale in every year and makes
more profits to our company.
In summer season, it is between Mar – June, it has moderate of total sale but this
period not affect to our company. Then we attend and believe to increase the growth of total
sales in summer season.
And in rainy season, it is between July – Sep, it has declining demand of customers
for use our service, when compare other seasons. However, More Than Life has high total
sale from other events, studio photograph and wedding fair. We always adjust and develop
marketing strategy to suitable for situation. Moreover, we also believe in each year in this
season will increase of total sale fully.
-Conclusion
More Than Life is wedding planner that located in Siam Paragon. Our business
supports a quality services and products to customers. We will be the one who give
opportunities to local community. We are planner who likes the agency. We share income to
other business such as car rental, stylist, bakery shop, vendors, or etc. Many companies will
work with us to make customer‘s dream come true. Prospective spouses, new spouses and
interested people will be potential target group. We choose the best destination where the
customers design to be theirs wedding.
For some large companies, economic downturns means cuts in training. This is only
the case for shortsighted companies however. The benchmark companies may trim down the
work force during a downturn, but they do not cut funds for training. They recognize that an
investment in human resources is always a good investment. More Than Life intends to profit
nicely from this intelligent business strategy. Additionally, even in times of economic
downturn, companies still have many good plans and will still need someone to organize
these wedding. In short, the need for corporate wedding planning/ hosting services rarely
diminishes, it is a steadily increasing demand that More Than Life will capitalize on. More
Than Life‘ projected growth rate is over 100% through year three and will have profits as a
function of sales over 11% by year three.
Chapter 4
Technical Feasibility Study
Chapter 4: Technical Feasibility Study
As you know our business is a wedding planner, so the primary thing that we need to
take into consideration is a good plan for our customers. Anyway our product can be divided
into many kinds as follows:
Wedding cake
Wedding dress:
Beach
Water fall
Village
Farm or garden
Park
Resort
Hotel
Cruise
Church
Wedding themes
Theme weddings, these days have become tremendously popular since theme based are
interesting and above all it gives a sense of uniqueness. Weddings with theme are a great
option to give you a breath of fresh air, from the normal wedding rituals which have become
sort of boring these days. In fact, theme weddings add more glamour and excitement to your
big day, making it totally exclusive and one of its kinds. A well planned theme wedding can
be afforded by any couple as there are lots of alternatives depending on the budget and the
number of guests being invited. However, the decision making is fully upon the bride and
groom. According to their tastes and common interests, the theme can be decided but one
should be clear in mind about what they actually want.
Celestial Wedding Theme: It is natural for every couple to wish for an exceptional wedding
since it is a life time affair. In celestial wedding theme, the couple gets the lovely experience
of exchanging the marriage vows in the presence of the heavenly bodies. Celestial bodies
accompanied by nature will just create an ideal atmosphere for a dream wedding. This theme
will definitely make the couple and their guests feel different, a change that is worth
witnessing.
Romantic Wedding Theme: This wedding theme is all about romance in the air. Soft colors,
candles, laces, dim lights, frills, etc are things closely associated with this theme. Romeo and
Julies can be an ideal option for any romantic wedding. A wedding theme filled with romance
will make everyone‘s‘ day a remarkable one, leaving a beautiful memory in their hearts.
Christmas Wedding Theme: What can be more appealing than Christmas wedding theme if
you are planning for a winter wedding? Normally, the colors of Christmas are red and green
however, you can always have the liberty to experiment with different colors and such colors
can be maroon, burgundy, blue, silver, gold and other combinations which you think will
enhance the beauty of the snow filled environment.
Black & White Wedding Theme: A conventional black and white wedding theme can never
go wrong. This theme for years have been making a huge impression upon couples as these
colors are all about sophistication and elegance and one can always be on the safer side by
choosing this theme. However, if one wants to add some colors then one can throw some
splash of colors in the décor or in the flower arrangements.
Foods and Beverages
-American style: The cuisine of the United States is a style of food preparation derived from
the United States of America. The cuisine has a history dating back before the colonial period
when the Native Americans had a rich and diverse cooking style for an equally diverse
amount of ingredients. With European colonization, the style of cookery changed vastly, with
numerous ingredients introduced from Europe, as well as cooking styles and modern
cookbooks. The style of cookery continued to expand into the 19th and 20th centuries with
the influx of immigrants from various nations across the world. This influx has created a rich
diversity and a unique regional character throughout the country.
-Thai style: Thai cuisine is the national cuisine of Thailand. Thai cuisine places emphasis on
lightly-prepared dishes with strong aromatic components. Thai cuisine is known for being
spicy. Balance, detail and variety are important to Thai cooking. Thai food is known for its
balance of five fundamental flavors in each dish or the overall meal: hot (spicy), sour, sweet,
salty, and (optional) bitter.
-Italian style: Ingredients and dishes vary by region. Many dishes that were once regional,
however, have proliferated with variations across the country. Cheese and wine are a major
part of the cuisine, with many variations and Denominazione di origine controllata (DOC)
(regulated appellation) laws. Coffee, specifically espresso, has become important in Italian
cuisine.
-French style: French cuisine is a style of cooking originating from France, having evolved
from centuries of social and political change. Fewer spices and more liberal usage of herbs
and refined techniques. Cheese and wine are a major part of the cuisine, playing different
roles regionally and nationally with many variations and appellation d'origine contrôlée
(AOC) (regulated appellation) laws.
-Japanese style: Japanese cuisine has developed over the centuries as a result of many
political and social changes. The cuisine eventually changed with the advent of the Medieval
age which ushered in a shedding of elitism with the age of shogun rule. Japanese food is
always fresh, they like to buy their ingredients the day they will cook the meal. They eat a lot
of fish & seafood but also eat pork, chicken, and beef. Their food tends to be seasonal, so
they will eat certain foods in spring, summer, etc
-Chinese style: Chinese cuisine is a term for styles of food originating in the regions of
China, many of which have become widespread and popular in other parts of the world —
from Asia to the Americas, Australia, Western Europe and Southern Africa.
And many style of food and beverage we serve to our customer to be their choices such as
British style Korean style Mixed style Healthy style and others.
Make up stylist:
-Shiseido
-Lancôme
-Christian Dior
-Skin food
-Etude
-Kanebo
-Gucci
-Vichy
-Morale
-Miracle
-Mac
-Routt Bateau
-Others
Selective party:
A party is a get together of persons, who has been invited by the host for the purpose
of socializing, interacting and above all, to have a relax time for the guests. Party means to
refresh yourself, your friends and family members and to give them pleasure and to release
them from all worries and pressures of day to day lives. In short, it gives you the time to
rejuvenate yourself. Apart from that, parties often speak about the personality of the hosts and
the hostesses. Parties can be various like birthday party, anniversary party, bachelor party,
office party, Farewell party, new year party and corporate party.
Anniversary Party: Anniversaries are occasions which need extraordinary attention since it
is not only about celebrating the memories of your wedding day, but at the same time it is the
celebration of the moments of your constant commitment and love for each other. You can
host the party at home or at a banquet and when it comes to gifts, there are lots of presents
that you can gift to your better half on this day, to mark your achievement, as there are
explicit conventional and modern gifts connected with this great day.
Birthday party: Birthdays are meant to be big because this is your day and you have full
liberty to do whatever pleases you. Apart from that, each birthday makes you matured,
thereby gaining more wisdom and knowledge every passing year. It‘s a day which is
celebrated with family, friends and relatives. Some individuals prefer a grand birthday party
however; at the same time there are others, who like it to be a small gathering of close family
and friends. As birthdays are very special, one needs lots of planning and organizing to.
Theme party: In theme parties, the host or the hostess decides a theme and according to that,
the preparations are made and even the guests are asked to dress accordingly to the theme.
For instance, if the theme is ―jungle‖, then the guests are seen adorned with different
costumes of animals, even the decorations are carefully done keeping in mind about the
jungle theme.
Pool party: A pool party is a party that centers around the pool. Pool party sounds cool and
different from the rest. As the name suggests, pool parties involve lots of water activities like
swimming, water volley ball and sun bathing for others who are not a big fan of water sports.
Farewell party: According to traditions, farewell parties are given by those persons who are
leaving on a long voyage. This party can also be organized by a friend on behalf of the person
who is departing. Precisely, farewell parties are sort of saying ―goodbyes‖ to all those who
has been dear to the leaving person.
Wedding Card
More Than Life also offers a great variety of wedding invitation cards. No matter what style you are
looking for, we can assure you that you can find them at our branches. Make sure that your wedding
cards match your wedding theme, such as Sweet theme, Modern theme, Classic theme, or even with
your wedding photos on it.
style Picture
attractive
luxury
sweet
romantic
classic
modern
cute
Wedding souvenirs
Style Picture
attractive
luxury
cute
romantic
classic
Car rental
brands Picture
Limousine
Mercedes Benz
BMW
Peugeot
Mazda
Volvo
Mini cooper
Bouquet service: We provide flower service to our customer around Thailand. We will contact
to a very famous bouquet shop to crate the wedding day become fabulous. There are many
styles to decorate location with a beautiful flower as follows:
Style Picture
Classic
Romantic
Luxury
Attractive
Economic
Conservative
Colorful
Sweet
More Than Life Package
Platinum Package
*Floral / Decor
*Photography
*Catering
Floral / Decor
Photography
Catering
Floral/Decorphy
Photography
Catering
- One Layers
Booking Hotel
Booking Hotel
Email: scgb@chr.co.th
Website: http://www.centarahotelsresorts.com
Website: http://www.lebuathailandhotel.com/
Website: http://www.fourseasons.com/Bangkok
4. Le Royal Meridien
Address: 973 Ploenchit Road, Bangkok10330, Thailand
Tel: (662) 656-0444
Fax: (662) 656-0555
Website: Error! Hyperlink reference not valid.
E-mail address: meridien@loxinfo.co.th
5. Grand Millennium
Website: http://www.millenniumhotels.com
Website: http://www.intercontinental.com
7. Shangri-La Hotel
Website: http://www.bangkok.com/shangrila
Website: http://www.panpacific.com
Production Supplier
-Planning -Flower
Why paragon? Siam Paragon serves as its slogan ―the Pride of Bangkok‖ goes. Located in
the heart of Bangkok, Siam Paragon is the first mega shopping complex in Thailand, offering
a magnificent and elegant shopping experience as it houses various world – class
international brands and flagship stores of the most prestigious hi – end brands; truly a
shopping paradise for brand name lovers. Shop ‗til you drop and explore our 10 facets of
luxury, beauty, sports, hi – tech communications, lifestyle and dining. Don‘t forget to visit
Paragon Department Store where all the best of everything are waiting for you all under one
roof.
Map for location of More Than Life
Facility Layout
P
G a l l e r y
A
R
C u s t o m e r
K
R o o m
I
Front office
Make-up
artist
And
hair G
stylist A
room L
Y
DRESSING ROOM
REST
R O O M
K I T C H E N
R O O M
2
Meeting Room
C E O R O O M
B A C K
O F F I C E
R E S T
R O O M
P R O D U C T I O N R O O M
Production & Operation Analysis
More Than Life is wedding organizer. We bring technology to complete our plan.
Technology can help to be convenience when we show the entertainment and pleasure
situation. Our equipment is the accessories that decorate atmospheres around wedding. Some
equipment can use only once time, so we will contact to prepare that equipment when the
customer wants. Parts of equipment are accessories that can use more than once time. Our
equipment and tools will invest to manage each wedding. The company will have budget to
prepare the wedding to customers. The way to maintenance the equipment and tool is
necessary in our business. We will keep and support our tool to work in next wedding. This
business uses fewer machines to manage in the business. We attend tools and equipment that
will be the component in our work. We use our ideas to manage the wedding more than use
the machine, tools, or equipment. We will adapt anything to make customer and guests‘
satisfaction. So equipment, tools, and machine are only parts to be complete in our business.
In office
Computer
Brand: Apple
Power PCG 4
Office desk
A4 paper
Pen
Brand: Horse
Price: 10 Baht
Pencil
Price: 65 Baht
Eraser
Brand: Pentel
Price: 20 Baht
Ruler
Price: 10 Baht
Liquid paper
Price: 55 Baht
Calculator
Brand: Casio
Photocopier
Brand: Cannon
Microwave
Brand: Sharp
Refrigerator
Brand: Toshiba
Disk rack
Plate
Price: 5 Baht
Brand: Horse
Price: 10 Baht
Coffee grinder
Brand: Vienna
Kettle
Brand: Sharp
Dining table
Brand: daiso
Brand: Kasemsiri
Washbasin
Brand: Toto
Mirror
Size: 90*50
Bolt Door
Price: 25 baht
American standard
Dummy
Amount: 7
Glass cabinet
Shelf
Amount: 3
Sofa
Amount: 2
Size: 18 inch
Flowerpot
Amount: 3
Sumsung Air-condition
Amount: 2
Line measure
Price: 15 baht
Samsung TV
Price 35,000
Aquarium
Size: 18"x18"x24"
Price: 5500 baht
Moreya shop
Price: 57,000
Price: 1,200
Description:
Soft light tent: 100% pure white high-duty nylon fabric professional
light
tent, gently diffuses the light from your light source Filters light to
prevent
Camera Blowers
Cleaning Set
Description: Used for camera optical lens, filter and other purpose
without any scratch or scar on surface Blower: can separate
pollutant from dust through spurting out driving air without any...
#Facility management
Our business is core role to make facility and convenience to customers. It is very
hard work for us. We attend to facility management. We set everything and prepare
convenience way to customers. We will make customer satisfaction and happiness for them.
Each activity will smooth. All items will set from customer. The guests will share their
activities to bride and groom. Wedding planning will not be bored. Everything that the guest
and the owner want will be prepared for them. Location and accessories should be prepare
and organize. It is very hard beginning from the way that guest come to wedding, their food
and beverage, marriage ceremony, the ready of location, supportive of their activities, or
sending the guest. The beginning to the end of wedding will be complete and convenience.
We have staff that prepare to each activities. Our staff will set and solve problem in that
situation. Facility management is important in our business.
-Cost of investment
# Pre-operating cost
More Than Life has large office that customer can contact us. We sell our product by
internet, front office, brochure, and Exhibition. Our Pre-operating cost is following:
Furniture 100000
Equipment/tool/machine 300000
Investment Plan
The investment plan comprises primary capital needs for the foundation and operation of the
business. The plan also includes initial marketing and sales promotion expenses.
Furniture 17,000.00
Software 10,000.00
Total 132,000.00
Licenses 12,000.00
Online-application 4,000.00
Consulting 2,000.00
Insurance 1,000.00
Financial costs
Liquidity 21,000.00
Total 130,000.00
- Management Analysis
* Assist with coordinating save the dates, invitations, place cards, and other
stationery
There are a number of costs associated with a More Than Life Company, and the
administration costs vary according to the needs of the couple. The standard administration
cost covers the following:
documents 10,000
-Musicians 50,000
-Chef 30,000
-Florist 50,000
-Photographer 15,000
-Telephone 7,000
-Electricity 8,000
-Tax 1,000
-Etc. 50,000
The standard price for the above is 640,000 baths, but this price will be adjusted
according to customer requirements.
Conclusion
The Technical Feasibility Study assesses the details of how we will deliver a product
or service (i.e., materials, labor, transportation, where our business will be located,
technology needed, etc.).Our company thinks of the technical feasibility study as the
logistical or tactical plan of how our business would like to manage in wedding of customer.
When analysis do not make the mistake of trying to entice investors with staggering
growth projections and potential returns on investment that only includes income (revenue) to
the business. With any increase in revenue there is always an increase in expenses. Expenses
for technical requirements (i.e., materials and labor) should be noted in the technical
feasibility study. A technical feasibility study is an excellent tool for trouble-shooting and
long-term planning. In some regards it serves as a flow chart of how our wedding company.
We should also not strictly rely on feasibility study conclusions to impress an investor. The
technical component serves as the written explanation of financial data because if offers you
a place to include detailed information about why an expense has been projected high or low,
or why it is even necessary. It demonstrates to potential investors and lenders (and in some
cases, potential clients) that when have thought about the long-term needs our business will
have as it grows evolve and move through our business to physically reach our market.
Therefore, it is critical that the technical and financial data in our study reconcile. If
other parts of our feasibility study shows growth, we will also have to project labor and other
costs and the technical ability to support that growth of our company.
Chapter 5
Financial Analysis
More Than Life Company
Income Statement
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Revenue
- Wedding 1,500,000 4,500,000 2,000,000 1,500,000 1,500,000 1,500,000 1,500,000 2,000,000 2,500,000 2,500,000 2,500,000 3,500,000
- Other party
Cost 500,000 1,000,000 500,000 1,000,000 1,000,000 700,000 700,000 1,000,000 1,200,000 1,000,000 1,300,000 1,300,000
- Card
- Custom
45,000 135,000 60,000 45,000 45,000 45,000 45,000 60,000 75,000 75,000 75,000 105,000
Profit Margin
90,000 270,000 120,000 90,000 90,000 90,000 90,000 120,000 150,000 150,000 150,000 210,000
Expense
1,865,000 5,095,000 2,320,000 2,365,000 2,365,000 206,500 206,500 2,820,000 225,000 3,475,000 3,575,000 4,485,000
- Salaries
- Supplier
- Setting internet
- Miscellaneous 913,000 913,000 913,000 913,000 913,000 913,000 913,000 913,000 913,000 913,000 913,000 913,000
1,000,000 1,900,000 1,300,000 1,100,000 1,100,000 1,040,000 1,040,000 1,400,000 1,745,000 3,500,000 1,760,000 2,360,000
10,000 1,200 1,200 1,200 1,200 1,200 1,200 1,200 1,200 1,2000 1,200 1,200
10,000 20,000 12,000 13,000 13,000 8,000 8,000 14,000 15,000 14,000 16,000 18,000
Net income (68,000) 1,260,800 (93,800) 337,800 337,800 102,800 102,800 491,800 805,000 646,800 884,800 1,192,800
Income Statement
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Revenue
- Wedding 2,500,000 7,500,000 3,000,000 2,500,000 2,500,000 2,500,000 2,500,000 3,000,000 3,000,000 2,500,000 3,500,000 4,500,000
- Other party
Cost 1,100,000 1,500,000 1,30,000 800,000 800,000 700,000 700,000 1,100,000 1,200,000 1,000,000 1,300,000 1,400,000
- Card
- Custom
75,000 225,000 105,000 75,000 75,000 75,000 75,000 90,000 90,000 75,000 105,000 135,000
Profit Margin
150,000 450,000 210,000 150,000 150,000 150,000 150,000 180,000 180,000 150,000 210,000 270,000
Expense
3,275,000 8,325,000 4,485,000 3,075,000 3,075,000 2,975,000 2,975,000 3,830,000 3,930,000 3,475,000 4,485,000 5,495,000
- Salaries
- Supplier
- Setting internet
- Miscellaneous 913,000 913,000 913,000 913,000 913,000 913,000 913,000 913,000 913,000 913,000 913,000 913,000
1,700,000 4,800,000 2,360,000 1,660,000 1,660,000 1,640,000 1,640,000 2,020,000 2,040,000 3,500,000 2,360,000 2,980,000
1,200 1,200 1,200 1,200 1,200 1,200 1,200 1,200 1,200 1,2000 1,200 1,200
14,000 20,000 18,000 10,000 10,000 9,500 9,500 14,500 15,000 14,000 18,000 20,000
Net income 646,800 2,630,800 1,192,800 490,800 490,800 411,300 411,300 881,300 960,800 646,800 1,192,800 1,580,800
Income Statement
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Revenue
- Wedding 2,500,000 7,500,000 3,000,000 2,500,000 2,500,000 2,500,000 2,500,000 3,000,000 3,000,000 2,500,000 3,500,000 4,500,000
- Other party
Cost 1,100,000 1,500,000 1,30,000 800,000 800,000 700,000 700,000 1,100,000 1,200,000 1,000,000 1,300,000 1,400,000
- Card
- Custom
75,000 225,000 105,000 75,000 75,000 75,000 75,000 90,000 90,000 75,000 105,000 135,000
Profit Margin
150,000 450,000 210,000 150,000 150,000 150,000 150,000 180,000 180,000 150,000 210,000 270,000
Expense
3,275,000 8,325,000 4,485,000 3,075,000 3,075,000 2,975,000 2,975,000 3,830,000 3,930,000 3,475,000 4,485,000 5,495,000
- Salaries
- Supplier
- Setting internet
- Miscellaneous 913,000 913,000 913,000 913,000 913,000 913,000 913,000 913,000 913,000 913,000 913,000 913,000
1,700,000 4,800,000 2,360,000 1,660,000 1,660,000 1,640,000 1,640,000 2,020,000 2,040,000 3,500,000 2,360,000 2,980,000
1,200 1,200 1,200 1,200 1,200 1,200 1,200 1,200 1,200 1,2000 1,200 1,200
14,000 20,000 18,000 10,000 10,000 9,500 9,500 14,500 15,000 14,000 18,000 20,000
Net income 646,800 2,630,800 1,192,800 490,800 490,800 411,300 411,300 881,300 960,800 646,800 1,192,800 1,580,800
Income Statement
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Revenue
- Wedding 2,500,000 7,500,000 3,000,000 2,500,000 2,500,000 2,500,000 2,500,000 3,000,000 3,000,000 2,500,000 3,500,000 4,500,000
- Other party
Cost 1,100,000 1,500,000 1,30,000 800,000 800,000 700,000 700,000 1,100,000 1,200,000 1,000,000 1,300,000 1,400,000
- Card
- Custom
75,000 225,000 105,000 75,000 75,000 75,000 75,000 90,000 90,000 75,000 105,000 135,000
Profit Margin
150,000 450,000 210,000 150,000 150,000 150,000 150,000 180,000 180,000 150,000 210,000 270,000
Expense
3,275,000 8,325,000 4,485,000 3,075,000 3,075,000 2,975,000 2,975,000 3,830,000 3,930,000 3,475,000 4,485,000 5,495,000
- Salaries
- Supplier
- Setting internet
- Miscellaneous 913,000 913,000 913,000 913,000 913,000 913,000 913,000 913,000 913,000 913,000 913,000 913,000
1,700,000 4,800,000 2,360,000 1,660,000 1,660,000 1,640,000 1,640,000 2,020,000 2,040,000 3,500,000 2,360,000 2,980,000
1,200 1,200 1,200 1,200 1,200 1,200 1,200 1,200 1,200 1,2000 1,200 1,200
14,000 20,000 18,000 10,000 10,000 9,500 9,500 14,500 15,000 14,000 18,000 20,000
Net income 646,800 2,630,800 1,192,800 490,800 490,800 411,300 411,300 881,300 960,800 646,800 1,192,800 1,580,800
Income Statement
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Revenue
- Wedding 2,500,000 7,500,000 3,000,000 2,500,000 2,500,000 2,500,000 2,500,000 3,000,000 3,000,000 2,500,000 3,500,000 4,500,000
- Other party
Cost 1,100,000 1,500,000 1,30,000 800,000 800,000 700,000 700,000 1,100,000 1,200,000 1,000,000 1,300,000 1,400,000
- Card
- Custom
75,000 225,000 105,000 75,000 75,000 75,000 75,000 90,000 90,000 75,000 105,000 135,000
Profit Margin
150,000 450,000 210,000 150,000 150,000 150,000 150,000 180,000 180,000 150,000 210,000 270,000
Expense
3,275,000 8,325,000 4,485,000 3,075,000 3,075,000 2,975,000 2,975,000 3,830,000 3,930,000 3,475,000 4,485,000 5,495,000
- Salaries
- Supplier
- Setting internet
- Miscellaneous 913,000 913,000 913,000 913,000 913,000 913,000 913,000 913,000 913,000 913,000 913,000 913,000
1,700,000 4,800,000 2,360,000 1,660,000 1,660,000 1,640,000 1,640,000 2,020,000 2,040,000 3,500,000 2,360,000 2,980,000
1,200 1,200 1,200 1,200 1,200 1,200 1,200 1,200 1,200 1,2000 1,200 1,200
14,000 20,000 18,000 10,000 10,000 9,500 9,500 14,500 15,000 14,000 18,000 20,000
Net income 646,800 2,630,800 1,192,800 490,800 490,800 411,300 411,300 881,300 960,800 646,800 1,192,800 1,580,800
First Year
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Asset
Cash 9,868,670 11,102,810 11,019,020 11,403,500 11,824,650 12,047,470 12,306,960 12,992,120 14,027,150 14,940,650 16,128,820 17,661,660
Acc. Receive 0 0 0 0 0 0 0 0 0 0 0 0
Inventory
- Ring 300,000 500,000 400,000 300,000 300,000 300,000 300,000 400,000 500,000 500,000 500,000 700,000
Equipment
- Custom
- Office 1,500,000 1,500,000 1,500,000 1,500,000 1,500,000 1,500,000 1,500,000 1,500,000 1,500,000 1,500,000 1,500,000 1,500,000
Decorate
- Furniture
Accumulated 200,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000
Depreciation 500,000 500,000 500,000 500,000 500,000 500,000 500,000 500,000 500,000 500,000 500,000 500,000
Prepaid
Expense
(36,670) (73,340) (110,010) (146,680) (183,350) (220,020) (256,690) (293,360) (330,030) (366,700) (403,370) (440,040)
- Building
reserve.
- Exhibition
reserve.
- License
permitted
- Website
design
1,200,000 1,200,000 1,200,000 1,200,000 1,200,000 1,200,000 1,200,000 1,200,000 1,200,000 1,200,000 1,200,000 1,200,000
- Brochure
printing
- Insurance
25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000
4,000 4,000 4,000 4,000 4,000 4,000 4,000 4,000 4,000 4,000 4,000 4,000
10,000
10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000
5,000
5,000 5,000 5,000 5,000 5,000 5,000 5,000 5,000 5,000 5,000 5,000
12,000
12,000 12,000 12,000 12,000 12,000 12,000 12,000 12,000 12,000 12,000 12,000
Total Asset 13,588,000 14,985,470 14,765,010 15,012,820 15,397,300 15,583,450 15,806,270 16,554,760 17,653,120 18,529,950 19,681,450 21,377,620
Liabilities
Acc. Payable 0 0 0 0 0 0 0 0 0 0 0 0
Unearned 0 0 0 0 0 0 0 0 0 0 0 0
revenue
Equity
Owner’s 0 0 0 0 0 0 0 0 0 0 0 0
Capital
Total liabilities
& equity
13,588,000 14,985,470 14,765,010 15,012,820 15,397,300 15,583,450 15,806,270 16,554,760 17,653,120 18,529,950 19,681,450 21,377,620
More Than Life Company
Second Year
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Asset
Cash 18,685,170 21,729,350 23,372,200 24,349,720 25,363,910 26,335,270 27,343,300 28,858,000 30,488,870 31,842,410 33,778,620 36,139,500
Acc. Receive 0 0 0 0 0 0 0 0 0 0 0 0
Inventory
- Ring 500,000 1,500,000 600,000 500,000 500,000 500,000 500,000 600,000 600,000 500,000 700,000 900,000
Equipment
- Custom
- Office 1,500,000 1,500,000 1,500,000 1,500,000 1,500,000 1,500,000 1,500,000 1,500,000 1,500,000 1,500,000 1,500,000 1,500,000
Decorate
- Furniture
Accumulated 200,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000
Depreciation 500,000 500,000 500,000 500,000 500,000 500,000 500,000 500,000 500,000 500,000 500,000 500,000
Prepaid
Expense
(476,710) (513,380) (550,050) (586,720) (623,390) (660,060) (696,730) (733,400) (770,070) (806,740) (843,410) (880,080)
- Building
reserve.
- Exhibition
reserve.
- License
permitted
- Website 1,200,000 1,200,000 1,200,000 1,200,000 1,200,000 1,200,000 1,200,000 1,200,000 1,200,000 1,200,000 1,200,000 1,200,000
design
- Brochure
printing 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000
- Insurance
4,000 4,000 4,000 4,000 4,000 4,000 4,000 4,000 4,000 4,000 4,000 4,000
10,000
10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000
5,000
5,000 5,000 5,000 5,000 5,000 5,000 5,000 5,000 5,000 5,000 5,000
12,000
12,000 12,000 12,000 12,000 12,000 12,000 12,000 12,000 12,000 12,000 12,000
Total Asset 22,164,460 26,171,970 26,878,150 27,719,000 28,696,520 29,631,210 30,602,570 32,180,600 33,774,800 34,991,670 37,091,210 39,615,420
Liabilities
Acc. Payable 0 0 0 0 0 0 0 0 0 0 0 0
Unearned 0 0 0 0 0 0 0 0 0 0 0 0
revenue
Equity
Owner’s 0 0 0 0 0 0 0 0 0 0 0 0
Capital
Total liabilities
& equity
22,164,460 26,171,970 26,878,150 27,719,000 28,696,520 29,631,210 30,602,570 32,180,600 33,774,800 34,991,670 37,091,210 39,615,420
More Than Life Company
Third Year
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Asset
Cash 45,853,800 49,338,020 51,420,910 52,838,470 54,292,700 55,704,100 57,242,170 59,286,910 61,447,820 63,331,400 65,707,650 68,508,570
Acc. Receive 0 0 0 0 0 0 0 0 0 0 0 0
Inventory
- Ring 500,000 1,500,000 600,000 500,000 500,000 500,000 500,000 600,000 600,000 500,000 700,000 900,000
Equipment
- Custom
- Office 1,500,000 1,500,000 1,500,000 1,500,000 1,500,000 1,500,000 1,500,000 1,500,000 1,500,000 1,500,000 1,500,000 1,500,000
Decorate
- Furniture
Accumulated 200,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000
Depreciation 500,000 500,000 500,000 500,000 500,000 500,000 500,000 500,000 500,000 500,000 500,000 500,000
Prepaid
Expense
(916,750) (953,420) (990,090) (1,026,760) (1,063,430) (1,100,100) (1,136,770) (1,173,440) (1,210,110) (1,246,780) (1,283,450) (1,320,120)
- Building
reserve.
- Exhibition
reserve.
- License
permitted
1,200,000 1,200,000 1,200,000 1,200,000 1,200,000 1,200,000 1,200,000 1,200,000 1,200,000 1,200,000 1,200,000 1,200,000
- Website
design
- Brochure
printing 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000
- Insurance
4,000 4,000 4,000 4,000 4,000 4,000 4,000 4,000 4,000 4,000 4,000 4,000
10,000
10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000
5,000
5,000 5,000 5,000 5,000 5,000 5,000 5,000 5,000 5,000 5,000 5,000
12,000
12,000 12,000 12,000 12,000 12,000 12,000 12,000 12,000 12,000 12,000 12,000
Total Asset 48,893,050 53,340,600 54,486,820 55,767,710 51,785,270 58,560,000 60,061,400 62,169,470 64,293,710 66,040,620 68,580,200 70,544,450
Liabilities
Acc. Payable 0 0 0 0 0 0 0 0 0 0 0 0
Unearned 0 0 0 0 0 0 0 0 0 0 0 0
revenue
Equity
Owner’s 0 0 0 0 0 0 0 0 0 0 0 0
Capital
Total liabilities
& equity
48,893,050 53,340,600 54,486,820 55,767,710 51,785,270 58,560,000 60,061,400 62,169,470 64,293,710 66,040,620 68,580,200 70,544,450
More Than Life Company
Forth Year
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Asset
Cash 70,412,160 74,426,420 77,039,350 78,896,950 80,881,220 82,822,860 84,810,770 87,205,550 89,716,500 91,950,120 94,766,410 98,007,370
Acc. Receive 0 0 0 0 0 0 0 0 0 0 0 0
Inventory
- Ring 500,000 1,500,000 600,000 500,000 500,000 500,000 500,000 600,000 600,000 500,000 700,000 900,000
Equipment
- Custom
- Office 1,500,000 1,500,000 1,500,000 1,500,000 1,500,000 1,500,000 1,500,000 1,500,000 1,500,000 1,500,000 1,500,000 1,500,000
Decorate
- Furniture
Accumulated 200,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000
Depreciation 500,000 500,000 500,000 500,000 500,000 500,000 500,000 500,000 500,000 500,000 500,000 500,000
Prepaid
Expense
(1,356,790) (1,393,460) (1,430,130) (1,466,800) (1,503,470) (1,540,140) (1,576,810) (1,613,480) (1,650,150) (1,686,820) (1,723,490) (1,760,160)
- Building
reserve.
- Exhibition
reserve.
- License
permitted
- Website 1,200,000 1,200,000 1,200,000 1,200,000 1,200,000 1,200,000 1,200,000 1,200,000 1,200,000 1,200,000 1,200,000 1,200,000
design
- Brochure
printing 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000
- Insurance
4,000 4,000 4,000 4,000 4,000 4,000 4,000 4,000 4,000 4,000 4,000 4,000
10,000
10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000
5,000
5,000 5,000 5,000 5,000 5,000 5,000 5,000 5,000 5,000 5,000 5,000
12,000
12,000 12,000 12,000 12,000 12,000 12,000 12,000 12,000 12,000 12,000 12,000
Total Asset 73,011,370 77,988,960 79,665,220 82,706,150 83,223,750 85,238,520 87,189,960 89,648,070 92,122,350 94,219,300 97,198,920 100,603,210
Liabilities
Acc. Payable 0 0 0 0 0 0 0 0 0 0 0 0
Unearned 0 0 0 0 0 0 0 0 0 0 0 0
revenue
Equity
Owner’s 0 0 0 0 0 0 0 0 0 0 0 0
Capital
Total liabilities
& equity
73,011,370 77,988,960 79,665,220 82,706,150 83,223,750 85,238,520 87,189,960 89,648,070 92,122,350 92,122,350 97,198,920 100,603,210
More Than Life Company
Fifth Year
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Asset
Cash 100,351,000 104,715,300 107,678,270 109,975,910 112,310,220 114,601,700 116,929,850 119,764,670 122,715,660 125,389,320 18,645,650 13,236,650
Acc. Receive 0 0 0 0 0 0 0 0 0 0 0 0
Inventory
- Ring 500,000 1,500,000 600,000 500,000 500,000 500,000 500,000 600,000 600,000 500,000 700,000 900,000
Equipment
- Custom
- Office 1,500,000 1,500,000 1,500,000 1,500,000 1,500,000 1,500,000 1,500,000 1,500,000 1,500,000 1,500,000 1,500,000 1,500,000
Decorate
- Furniture
Accumulated
200,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000
Depreciation
500,000 500,000 500,000 500,000 500,000 500,000 500,000 500,000 500,000 500,000 500,000 500,000
Prepaid
Expense
(1,796,830) (1,833,500) (1,870,170) (1,906,840) (1,943,510) (1,980,180) (2,016,850) (2,053,520) (2,090,190) (2,126,860) (2,163,530) (2,200,200)
- Building
reserve.
- Exhibition
reserve.
- License
permitted
- Website
design
- Brochure 1,200,000 1,200,000 1,200,000 1,200,000 1,200,000 1,200,000 1,200,000 1,200,000 1,200,000 1,200,000 1,200,000 1,200,000
printing
- Insurance
25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000
4,000 4,000 4,000 4,000 4,000 4,000 4,000 4,000 4,000 4,000 4,000 4,000
10,000
10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000
5,000
5,000 5,000 5,000 5,000 5,000 5,000 5,000 5,000 5,000 5,000 5,000
12,000
12,000 12,000 12,000 12,000 12,000 12,000 12,000 12,000 12,000 12,000 12,000
Total Asset 102,510,170 111,504,800 109,864,100 115,838,750 114,322,710 116,577,520 118,869,000 121,767,150 124,681,470 127,218,460 130,638,120 134,,482,450
Liabilities
Acc. Payable 0 0 0 0 0 0 0 0 0 0 0 0
Unearned 0 0 0 0 0 0 0 0 0 0 0 0
revenue
Equity
Owner’s 0 0 0 0 0 0 0 0 0 0 0 0
Capital
Total
liabilities &
102,510,170 111,504,800 109,864,100 115,838,750 114,322,710 116,577,520 118,869,000 121,767,150 124,681,470 127,218,460 130,638,120 134,482,450,
equity
More Than Life Company
First Year
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Cash beginning
Net income
10,000,000 9,868,670 11,102,810 11,019,020 11,403,500 11,824,650 12,047,470 12,306,960 12,992,120 14,027,150 14,940,650 16,128,820
102,800
Prepaid expense (68,000) 1,260,800 (93,800) 337,800 337,800 102,800 491,800 805,000 646,800 884,800 1,192,800
(100,000)
Depreciation (100,000) (100,000) (100,000) (100,000) (100,000) (100,000) (100,000) (100,000) (100,000) (100,000) (100,000)
256,690
36,670 73,340 110,010 146,680 183,350 220,020 293,360 330,030 366,700 403,370 440,040
Total operating 9,868,670 11,102,810 11,019,020 11,403,500 11,824,650 12,047,470 12,306,960 12,992,120 14,027,150 14,940,650 16,128,820 17,661,660
Equipment
- Custom
- Office
decorate 0 0 0 0 0 0 0 0 0 0 0 0
- Furniture
0 0 0 0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0 0 0 0
Total Equipment 0 0 0 0 0 0 0 0 0 0 0 0
Financial cost
0 0 0 0 0 0 0 0 0 0 0 0
Interest (3 months)
0 0 0 0 0 0 0 0 0 0 0 0
Total financial 0 0 0 0 0 0 0 0 0 0 0 0
Total cash flow 9,868,670 11,102,810 11,019,020 11,403,500 11,824,650 12,047,470 12,306,960 12,992,120 14,027,150 14,940,650 16,128,820 17,661,660
More Than Life Company
Second Year
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Cash beginning
Net income
17,661,660 18,685,170 21,729,350 23,372,200 24,349,720 25,363,910 26,335,270 27,343,300 28,858,000 30,488,870 31,842,410 33,778,620
Prepaid expense 646,800 2,630,800 1,192,800 490,800 490,800 411,300 411,300 881,300 960,800 646,800 1,192,800 1,580,800
(100,000) (100,000)
Depreciation (100,000) (100,000) (100,000) (100,000) (100,000) (100,000) (100,000) (100,000) (100,000) (100,000)
770,070 843,410
476,710 513,380 350,050 586,720 623,390 660,060 696,730 733,400 806,740 880,080
Total operating 18,685,170 21,729,350 23,372,200 24,349,720 25,363,910 26,335,270 27,343,300 28,858,000 30,488,870 31,842,410 33,778,620 36,139,500
Equipment
- Custom
- Office
decorate 0 0 0 0 0 0 0 0 0 0 0 0
- Furniture
0 0 0 0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0 0 0 0
Total Equipment 0 0 0 0 0 0 0 0 0 0 0 0
Financial cost
0 0 0 0 0 0 0 0 0 0 0 0
Interest (3 months)
0 0 0 0 0 0 0 0 0 0 0 0
Total financial 0 0 0 0 0 0 0 0 0 0 0 0
Total cash flow 18,685,170 21,729,350 23,372,200 24,349,720 25,363,910 26,335,270 27,343,300 28,858,000 30,488,870 31,842,410 33,778,620 36,139,500
More Than Life Company
Third Year
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Cash beginning
Net income
36,139,500 45,853,800 49,338,020 51,420,910 52,838,470 54,292,700 55,704,100 57,242,170 59,286,910 61,447,820 63,331,400 65,707,650
Prepaid expense 646,800 2,630,800 1192,800 490,800 490,800 411,300 411,300 881,300 960,800 646,800 1,192,800 1,580,800
Depreciation (100,000) (100,000) (100,000) (100,000) (100,000) (100,000) (100,000) (100,000) (100,000) (100,000) (100,000) (100,000)
916,750 953,420 990,090 1026,760 1,063,430 1,100,100 1,136,770 1,173,440 1,210,110 1,246,780 1,283,450 1,320,120
Total operating 45,853,800 49,338,020 51,420,910 52,838,470 54,292,700 55,704,100 57,242,170 59,286,910 61,447,820 63,331,400 65,707,650 68,508,570
Equipment
- Custom
- Office
decorate 0 0 0 0 0 0 0 0 0 0 0 0
- Furniture
0 0 0 0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0 0 0 0
Total Equipment 0 0 0 0 0 0 0 0 0 0 0 0
Financial cost
0 0 0 0 0 0 0 0 0 0 0 0
Interest (3 months)
0 0 0 0 0 0 0 0 0 0 0 0
Total financial 0 0 0 0 0 0 0 0 0 0 0 0
Total cash flow 45,853,800 49,338,020 51,420,910 52,838,470 54,292,700 55,704,100 57,242,170 59,286,910 61,447,820 63,331,400 65,707,650 68,508,570
More Than Life Company
Forth Year
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Cash beginning 74,426,420 77,039,350 78,896,950 80,881,220 82,822,660 84,810,770 87,205,550 89,716,500 91,950,120 94,766,410
1,192,800
Net income 68,508,570 70,412,160 1,192,800 490,800 490,800 411,300 411,300 881,300 960,800 646,800 1,580,800
(100,000)
Prepaid expense 646,800 2,630,800 (100,000) (100,000) (100,000) (100,000) (100,000) (100,000) (100,000) (100,000) (100,000)
1,723,490
Depreciation (100,000) (100,000) 1,430,130 1,466,800 1,503,470 1,540,140 1,576,810 1,613,480 1,650,150 1,686,820 1,760,160
1,356,790 1,393,460
Total operating 70,412,160 74,426,420 77,039,350 78,896,950 80,881,220 82,822,660 84,810,770 87,205,550 89,716,500 91,950,120 94,766,410 98,007,370
Equipment
- Custom
- Office
0 0 0 0 0 0 0 0 0 0 0 0
decorate
- Furniture
0 0 0 0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0 0 0 0
Total Equipment 0 0 0 0 0 0 0 0 0 0 0 0
Financial cost 0 0 0 0 0 0 0 0 0 0 0 0
Interest (3 months) 0 0 0 0 0 0 0 0 0 0 0 0
Total financial 0 0 0 0 0 0 0 0 0 0 0 0
Total cash flow 70,412,160 74,426,420 77,039,350 78,896,950 80,881,220 82,822,660 84,810,770 87,205,550 89,716,500 91,950,120 94,766,410 98,007,370
More Than Life Company
Fifth Year
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Cash beginning 104,715,300 107,678,270 109,975,910 112,310,220 114,601,700 116,929,850 119,764,670 122,715,660 125,389,320 128,645,650
411,300
Net income 98,007,370 100,351,000 1,192,800 490,800 490,800 411,300 881,300 960,800 646,800 1,192,800 1,580,800
(100,000) (100,000)
Prepaid expense 646,800 2630,800 (100,000) (100,000) (100,000) (100,000) (100,000) (100,000) (100,000) (100,000)
1,980,180 2,016,850
Depreciation (100,000) (100,000) 1,870,170 1,906,840 1,943,510 2,053,520 2,090,190 2,126,860 2,163,530 2,200,200
1,796,830 1,833,500
Total operating 100,351,000 104,715,300 107,678,270 109,975,910 112,310,220 114,601,700 116,929,850 119,764,670 122,715,660 125,389,320 128,645,650 132,326,650
Equipment
- Custom
- Office
0 0 0 0 0 0 0 0 0 0 0 0
decorate
- Furniture
0 0 0 0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0 0 0 0
Total Equipment 0 0 0 0 0 0 0 0 0 0 0 0
Financial cost 0 0 0 0 0 0 0 0 0 0 0 0
Interest (3 months) 0 0 0 0 0 0 0 0 0 0 0 0
Total financial 0 0 0 0 0 0 0 0 0 0 0 0
Total cash flow 100,351,000 104,715,300 107,678,270 109,975,910 112,310,220 114,601,700 116,929,850 119,764,670 122,715,660 125,389,320 128,645,650 132,326,650
Chapter 6
Risk Management
Chapter 6: Risk Management
More Than Life is a new business that may have risk but we will use the appropriate
strategies to measure and analyze risk both external and internal that will be threat to effect
and occur in order to ensure the business can expand and develop in positive way and we will
solve problem in which positive to our.
External Forces
External forces is factor that will make problem and affect to business such as
political, economic, social, technology, customer want and need and, etc, these are may occur
that we cannot expect but we can protect, adjust and improve business when problem occur in
order to still have company.
1. Political
In side of political that about of regulation that may have problem with limit age to
marriage, this is a little bit that may affect to our company because of our target market is not
group of teenager and who is love in same sex, for Thai regulation is not allow them to
register a marriage certificate but they can contract. For this case, it affect in a little bit but in
positive.
Inside of politic, now is a big problem of Thailand, there are conflict between red shirt
and yellow shirt, problem in south 3 provinces and, etc to make tourist who want to marriage
in Thailand change to other country.
For above problem, that may risk to wedding company in a little bit and our cannot to
control or change the regulation but we still to promote and set some promotion for who love
in same sex for increase sale
2. Economy
Economic has an influence to worldwide and is main factor that affect directly
especially the business. Economic is an indicator to predict such as income, GDP, standard of
living, and growth rate of business. If occur economic problem or income reduce, people will
increase more carefully to spend money many businesses will lose of sale, that may risk to
small and new business and may risk to our business.
While the economy has impacted our business, More Than Life will setting strategy to
increase sale in save concept using advertising placements in wedding publications is an
expense that clients have been cutting back on to save money and we will increase to promote
before wedding festival and setting low cost wedding package in during non wedding
festival. Although we set package in low cost, service quality will not low. More Than Life
will decrease weakness by increase strength by offer the high quality and variety of product
and service and increasing the reliable and satisfaction to customer for to spread word of
mouth. This is a way to protect new competitor and to win exiting competitor. So, More Than
Life assures that we can expand market and make a lot of profit in early.
3. Social
Thailand is a developing country will has many classes of people that may has
different in living, fashionable, education and ,etc that mean people will has different about
want and need in products and services which relate in price, that we can see many
companies has many products line to offer customer in all classes. For Thai wedding is the
same, if groom and bride want to wear Thai suites in morning and ware wedding dresses in
evening that wedding company should have many products and services to offer customer
when their need, if we can not to response customer need they will change to other that we
will lose of sale and money. For this reason may risk to our business if we can not to response
their need.
For above situation, More Than Life will not make it occur by search and collect
information of customer need in all classes and use it to apply with our products and services
and make differentiation such as dresses, we will offer in luxury, classic, and, etc and divide
into Thai style, American style, Korean style and, etc in order to attract customer in all
classes and although our company look like a luxury wedding company that is not refer to
only high class, that we will set low price and medium price and do not make different in
service between high and low price for make customer satisfaction. If our company has more
options in products and services and reputation than other means many customers will want
to use our services, after that we will have a lot of money and can expand market.
4. Technology
More Than Life will update the news and to find information about development and
changing in technology to learn and adjust with our company to be an efficiency and to serve
service about media in faster and short time in order to make customer satisfaction in time
and quality products and services.
5. Competitive
Bangkok is a metropolis and a city of youth and working people, that have many
entrepreneurs and many new competitors want to launch wedding company because Bangkok
has more target market. Due to high competition, wedding company will try to be all
inclusive in products and services that may hard for invest in small business. Moreover the
reliable, reputation, professional and varieties of products and services are competitive
advantage for big company that may risk to our new company and will effect to amount of
customer and lose of sale.
So, More Than Life must to use competitive advantage and increase our strength that
mean to offer and serve products and service in higher and better than competitors and to
search and study strength and weakness of competitors and make our products and services in
differentiation and use marketing mix or 4Ps to analyze our company and use it in
appropriate and efficiency. After that we think, our company can make more customer
satisfaction than other, that is a way to spread word of mouth when customers are satisfaction
and we will be an efficiency wedding company.
When our company has reputation, reliable, professional and varieties of products and
services we think, we can make a lot of customer satisfaction that mean we can make a lot of
sale and profit.
Need and want of people will change when social, lifestyle, attitude, time, trend, and,
etc has change. Many people has different need of products and services that up to useful,
fashionable and price, like a trend of wedding dress it will change in every year, then
products must to add more and up to date in all time. So it risk to our company in directly.
More Than Life will manage risk by keep the old to adjust to be a new one and
fashionable for save money and we still to offer more choice by add more products in every
season if it necessary for save money.
Internal Forces
Internal force is factor that may occur in organization by executive and operating in
an organization but it can control and solve when it occur, these cause may risk to our
company.
1. Employee
Who have some grudge against the company and college and have malicious
intentions in creating a situation adverse to business operations.
For this situation, manager or supervisor should to reconcile with them and to
investigate and judge the problem and punish to who is bad.
2. Operating
This is a risk arising from execution of a company's business functions such as fraud
risks, mistake of working. It often occurs in marketing and accounting department. For
employee fraud it like a cheating, the employee may lose in their working time or not
working in full time or cheating in accounting to fraud money. For these reason may risk to
our sale and lose of money.
From above situation, we will set an auditing to audit in each department and to keep
and check working record of employees and to warning for who less in work and to support
who work in better and honest to company.
3. Human Resource
The business success depends on its professional staff. The availability of qualified
professionals is an important factor for the growth and profitability of the business, and if low
carefully in recruitment employee, the company will has low quality of products and services;
company may lose of sale and profit.
More Than Life will careful about recruitment and send them to training before to
start working and motivate employee to work in qualification and make customer satisfaction
by give bonus or holiday for who best working from colleague.
4. Time
Time management is an important factor for all who do business and on time is
important for employee, delivery, meeting, and, etc. When they are not on time it may affect
to another part, it may risk to our reputation if product is delay of delivery, it may risk to our
reputation and reliable of company and our sale may decrease.
More Than Life will solve time management by arrange it in clearly and for delay in
delivery to customer we will tell to customer in truly and apologize to them and to change
time arrange and when products has come in, we will give an extra gift or some discount. For
employee late, we will punish them by warning and after will decrease salary. For customer
not on time or forget time, we will call to them before 1 day to confirm about an appointment.
These are threat of business if it occurs, it will decrease of sale and money of company, we
will make it occur or make in less.
Chapter 7
Summary
Chapter 7: Summary of project feasibility study
There are many agencies that involve with wedding planner. The business will
connect with the agencies. Sometime we can manage the agencies business with ourselves.
More Than Life will offer you the best several of wedding style by tailors made method. Thai
weddings, Buddhist Weddings and marriages, and Christian marriages at a Venue are your
choices from Church to Beach, Waterfall and Hotel. Marriage services in Thailand for
overseas Brides and Grooms and for Thai ladies marrying, we can arrange all types of
wedding from Buddhist Ceremonial and Thai Marriages and Wedding Services through to
Christian wedding service at a venue of the customer choices. More Than Life will use many
of styles to attract the customer use our services.
More Than Life is entering its a few year of operation. Through market research
including focus groups, it appears the idea will be well received and marketing is now crucial
for developing visibility. The store offers wedding dresses and accessories for rent. The basic
market need is the ability to rent wedding dresses as opposed to the customary practice of
having to purchase them for only one day. The wedding scenario in Thailand is more than
just getting married. The exotic destinations, Thailand have the important attractions that
successful usage of these places in the form of Imaginative weddings. The change is visible
in the middle class who want the flavor and ambience of elite weddings. Seeing the world
around they too are spending and want the best available. It sort of coincided with the rise in
disposable incomes of the rich and upper middle Thai class and over the years weddings have
become inspirational.
More Than Life consider the strategies of the firm's competitors. While in highly
fragmented commodity industries the moves of any single competitor may be less important,
in concentrated industries competitor analysis becomes a vital part of strategic planning.
Occasions are in a unique position of competition. Wedding planners compete against hotels
with banquet facilities, other event planners both on the large and small scale, persons within
an organization who are assigned the task of organizing an event, and people who wish to
organize their own events without the benefit of assistance. The benefits and drawbacks of
each of our competitors, as compared with the services we offer, are hardly a match in quality
and price. More Than Life will leverage its competitive edge to achieve the desired
positioning. More Than Life's competitive edge will be based on two factors, specialization
and strategic relationships. More Than Life will be specializing in many distinct areas of
corporate planning. While specializing essentially precludes More Than Life participating in
some other market niches, it allows the company to excel in serving its chosen markets.
Promotion will be used including website, partnership/networking, and participation at
various trade shows. We use technology to be promoting our business through many
websites. Also we offer sale promotion for our customer at least twice a year. We bring
technology to complete our plan. Technology can help to be convenience when we show the
entertainment and pleasure situation.
A wedding is the most personal and important event in a couple‘s life and those
involved have a duty to act with integrity and honesty. All members listed in our directory are
vetted through our strict entrance requirements and abide by our code of ethics and, although
every member is different in the way they operate, all conduct their business in a professional
manner. Our wedding coordinators are here to ensure your day is magical, stress free and
devoid of anxiety. They can assist with your entire plan from engagement to honeymoon or
can tailor their services to include only a select number of the options listed below. More
Than Life is a new business that may have risk but we will use the appropriate strategies in
order to ensure the business can expand and develop in positive way and we will solve
problem in which positive to our. Thailand is a developing country will has many classes of
people that may has different in living, fashionable, education and ,etc that mean people will
has different about want and need in products and services which relate in price, that we can
see many companies has many products line to offer customer in all classes. It can show the
way to increase the customers in the business. More Than Life must to use competitive
advantage and increase our strength that mean to offer and serve products and service in
higher and better than competitors and to search and study strength and weakness of
competitors and make our products and services in differentiation and use marketing mix or
4Ps to analyze our company and use it in appropriate and efficiency.
More Than Life is the interesting business that the investor should to invest, because
there are already to prepare and the investor will have the benefits from the business. There
are many chains that begin from this business. It is the opportunity that the investors should
have and it was supported by many organizations such as government. We make sure that the
investor will have the profit from More Than Life
Reference
http://www.theweddingco.com/
http://www.creativeeventsasia.com/?gclid=CJzo5uuv_Z8CFQhB6wodCWKUkQ
http://www.wedding.in.th/wp_shopping/jewelry/aurora.php
http://www.wedding.in.th/wp_shopping/hotel/index.php
http://www.wedding.in.th/wp_planning/
http://www.wedding.in.th/wp_shopping/cardandfavor/index.php
http://www.thaitheknot.org/thailandweddings.html
http://www.thailandweddings.com/
http://www.thailandweddings.com/buddhist%20weddings/index.html
http://www.thailandweddings.com/rings.html
http://www.weddingclipart.com/category/wedding-backgrounds.html
https://www.starwoodhotels.com/corporate/search/results/city_advanced.html?localeCode=en
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