PROJECT SUSTAINABILITY
What does Sustainability mean to Bubble Blocks?
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Permanent space to store soaps, sell soaps and carry out workshops
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Increase range of soap products with our own creations, not sponsored soaps
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Increase positive impact on the low-income women community in Singapore
RATIONALE
February 2023 - April 2023 (Professional Business Set-Up)
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Increase production capacity, hold constant workshops in a non-sponsored space
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Cut costs to increase profit margins
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Have a stronger brand image
May 2023 - July 2023 (Broadening Business Reach)
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Increase revenue by widening customer pool and building a larger customer base
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Marketing ourselves and selling products in popular spaces, and using investments to grow our business (paid advertisements for marketing etc.)
August 2023 - September 2023 (Contact Community Partners for Collaboration)
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Increase positive impact on low-income women community
October 2023 - December 2023 (Introduce Seasonal Promotions)
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Capitalise on various holidays to earn a higher revenue for those months
January 2024 - March 2024 (Start Implementation of Work Integration Model)
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Increase positive impact by providing low-income women with job opportunities/building their work experience
FOLLOW UP ACTIONS
Reinvest in Business
Continue marketing efforts and conduct more booths to sell off remaining inventory to generate more profits which can be reinvested into the business
Register as a Social Enterprise (raiSE Singapore)
Gain credibility as a registered member, and reap the benefits to grow our business (networking opportunities, promotions, advisory services etc.)
Apply for Grants or Funding
Grants will help us greatly in our projected roadmap to kickstart major steps and improvements (e.g. securing a physical space)