Entrepreneurship Development[1] Pages Deleted3
Entrepreneurship Development[1] Pages Deleted3
logistics) and aquaculture methods will help ensure fresher products and better control
over sourcing.
Livestock Industry:
Alternative Proteins: The rise of plant-based and lab-grown meats presents both a
challenge and opportunity. Livestock producers must balance traditional demand with
Sustainability & Animal Welfare: Consumers are becoming more concerned about the
environmental and ethical impact of livestock farming. Those industries that can adopt
agriculture, AI, and automated livestock management systems, will improve productivity
Organic and Sustainable Farming: The demand for organic and pesticide-free produce
Local & Fresh Sourcing: Consumers are looking for fresher, locally sourced produce. The
farm-to-table trend and local food systems are likely to drive future growth.
Company Description:
Since: 19,October,2019
Fresh Fin Market is a modern, innovative marketplace or store that focuses on providing
fresh, high-quality (freshwater, saltwater or frozen) fish, live stocks, vegetables & fruits,
and bakery items products directly to consumers. With commitment to sustainability, Fresh
Fin Market sources its products from responsible fisheries and aquaculture farms,
ensuring that best quality and I’d ethically harvested and traceable from ocean to table. We
pride ourselves on sourcing the finest ingredients from local and sustainable suppliers,
ensuring that our customers receive only the best products available. The marketplace
offers a wide variety of fishes, ranging from popular choices like salmon, shrimp, and cod,
is a significant part of the country's economy and cultural heritage. Bangladesh is endowed
with a rich aquatic resource base due to its extensive river systems, coastal areas, and the
Bay of Bengal, making fishing a vital livelihood for many. Our commitment to customer
satisfaction drives us to provide exceptional service and expert advice, helping you make
informed choices for your meals. Whether you’re a home cook, a professional chef, or
simply looking to enjoy delicious, wholesome food, Fresh Fin Market is here to meet your
culinary needs.
Mission Statement:-
At Fresh Fin Market, our mission is to provide our community with the highest quality foods,
sustainably sourced from local and responsible fisheries, store and other relevant sources.
We are committed to promoting healthy eating and a deep appreciation for oceanic diversity
by offering a wide variety of fresh fish and seafood options, alongside expert guidance and
education on preparation and cooking. Our passion for quality, sustainability, and customer
experience, fostering a connection between our customers and the bountiful waters that
nourish us.
Market Analysis:
Conducting a market analysis for fresh fish, livestock, bakery products, and vegetables and
fruits involves examining various factors, including industry trends, target markets,
▪ Demand: Increasing demand due to awareness of health benefits (e.g., omega-3 fatty
acids). Regional preferences play a major role (coastal areas consume more fish).
▪ Supply: Seasonal variability affects the availability of fresh fish. Supply chain issues
practices.
▪ Demand: Global demand for meat (beef, pork, poultry) is rising, especially in
▪ Pricing: Volatile, often linked to feed prices, energy costs, and geopolitical factors.
▪ Trends: Growing focus on ethical and sustainable farming. The rise of alternative
▪ Demand: Steady demand for bread, pastries, and cakes, with an increase in artisanal
and specialty bakery products. Growing preference for gluten-free, whole grain, and
▪ Pricing: Competitive market with pricing influenced by ingredient costs and product
benefits. Seasonal variations in demand, with certain fruits and vegetables being
more popular at specific times of the year. Organic produce demand is growing
practices, and transportation infrastructure. Imports fill the gap during off-seasons
for certain fruits and vegetables. Concerns over pesticides and sustainable farming
1. Executive Management:
supervises staff, and handles customer service and logistical issues when
necessary.
freshness.
2. Operations Department:
ensuring that fish products are properly handled, stored, and displayed
inquiries, complaints, and issues. This role also oversees customer loyalty
social media, and promotes special offers and seasonal products. Ensures
➢ Health & Safety Officer: Ensures compliance with local food safety regulations
and health standards. Conducts regular checks and trains staff on hygiene
suppliers to the store. Manages cold chain logistics to ensure fish remains
➢ IT Manager: Manages the store's point-of-sale (POS) systems, website, and any
Running a grocery business, including a specialized market like yours, involves navigating
1. Labor Market and Employee Turnover: The grocery industry employs millions
of people, but high employee turnover remains a challenge. Competition from other
service industries and the need for hiring and training contribute to this turnover.
During the pandemic, turnover rates were around 60%, but they’ve improved
differently. For instance, low-income consumers often seek ways to save money on
groceries, while high-income consumers may focus on healthy eating and nutrition,
grocery stores significantly. Supply chain disruptions can lead to higher inventory
costs, as grocers may need to keep more goods on hand. Meanwhile, food-price
inflation affects both consumers and retailers, as prices rise faster than wages.
Grocers often adjust their product offerings and promotions to address these shifts.
4. Thin Profit Margins: This types of super shop or market typically operate on slim
profit margins—around 1% to 3%. This means they need to manage costs carefully.
Local and regional supermarkets in the US and Europe have less purchasing power