This business can be expanded a profitable one within a short period. The concept of organic food depot can be turned into physical location under the industry code 5411 (SIC). Which with accordance with occupational safety and health administration’s industry code comes under Division G, Retail trade/ major group 54: food stores. Also, according to NAICS 2012, Organic food depot can be started and run under the classified industrial code 445110, Grocery store.
Feasibility
At present, anyone can stop anywhere and buy their needs. But these days, almost all the places sell processed food. There is the use of strong chemicals to protect the grocery items for a longer time. People have no choice but to these processed foods. Even the meat products, dairy items, green vegetables, and other agricultural foods supplies that can be easily found in different stores every single mile are processed and contains a sufficient amount of chemicals and insecticides. At our store, there will be a legit supply of organic foods, meats, dairy products, and many more that are not artificially and chemically processed. This food depot will be a hub for fresh and flourishing food supplies, which will lure people to come and shop.
Organic food depot will expect gradual and rapid growth in the market. We, as a team, will start a customer service department that will address and acknowledge the problems and concerns of our customers. Also, we will begin with a loyalty card and point-based shopping, which will allow our customers to save their money when they continue to buy from our store. Also, eventually, we will be able to expand our healthy supply over different locations and communities. It could have been a while; people haven’t got the chance to eat healthily and live healthily. We will be bringing the freshness in your kitchen. Community members can undoubtfully enjoy fresh and healthy food, which will help their balance and healthy diet.
This idea is apart from just a unique approach. The marketplace has a lot of challenges for a new business, especially for a food supplier. There are some places where we can buy organic foods, but they do have a varied selection of processed food. The price is over the limit for these fresh foods. But, we, as a team, believe it's because of the monopoly in the organic food market. We can compete with the prices and bring it down to an affordable level and have a selection of just natural supplies, which most of the places don’t.
Works Cited
Classification Development Branch, ESMD. "NAICS Search". Census.Gov, 2020, https://www.census.gov/cgi-bin/sssd/naics/naicsrch?code=445110&search=2012%20NAICS%20Search. Accessed 7 June 2020.
"Description For 5411: Grocery Stores | Occupational Safety And Health Administration". Osha.Gov, 2020, https://www.osha.gov/pls/imis/sic_manual.display?id=19&tab=description. Accessed 7 June 2020.