Preferred learners
- Alberta, Canada
- Academic experience
Categories
Project scope
- What is the main goal for this project?
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ClearAir Devices, helping fight infection at home, work, and on the road
ClearAir Device was incorporated during the 2021 COVID-19 pandemic. This timing was ideal as the EPA, FDA, USDA, and Health Canada all relied on ozone as an effective disinfection against the novel coronavirus (SARS-CoV-2).
ClearAir Device Ltd. is a female-founded, green & clean tech company. Privately owned and financed, our company sells and distributeseco-conscious, cleaning, and sanitizing products focusing on low-grade, aqueous ozone to effectively remove harmful contaminants from food, water, and surfaces.
Our suite of “Made On Demand” Stabilized Aqueous Ozone Devices are tested and proven to replace many chemical cleaning and sanitizing products. clearairdevice.ca sells and ships On-demand Contamination Control and life Sciences Devices throughout Canada and North America. Our products are FDA, and Health Canada-approved for safe use.
Assignment
Refine Business Plan: Enhance the current business plan through in-depth research findings. Integrate fresh insights, emerging market dynamics, and potential avenues for growth to bolster the company's strategic direction.
Cost Analysis and Financial Assessment: Conduct a thorough examination of product costs encompassing materials, manufacturing, and operational expenses. Utilize financial tools like Internal Rate of Return (IRR) and breakeven analysis to gauge the economic feasibility of business endeavors.
Market Expansion Strategy: Investigate opportunities to diversify the product line by introducing new aqueous ozone offerings sourced from alternative market sources. Assess market demand, competitive landscape, and profit potential for these products. Formulate actionable recommendations for integrating them into the existing product portfolio to broaden market penetration and enhance revenue streams.
Brochure Development: Create a visually appealing and informative brochure for your company. Highlight key products, services, and unique selling points to attract potential customers and investors.
- What tasks will learners need to complete to achieve the project goal?
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By the end of the project, learners should complete the following tasks:
- A refined business plan incorporating new insights, market trends, and potential opportunities.
- A comprehensive cost analysis report including financial metrics such as IRR and breakeven points.
- An evaluation report on the demand, competition, and potential profitability of additional aqueous ozone products.
- Recommendations for integrating the additional products into the product portfolio to expand market reach and revenue streams.
Final deliverables:
- A detailed report on the refined business plan, cost analysis, financial evaluation, and market expansion strategy.
- Recommendations for integrating additional products into the product portfolio.
- Presentation of findings and recommendations to the stakeholders at ClearAir Device.
- What is the main goal for this project?
-
ClearAir Devices, helping fight infection at home, work, and on the road
ClearAir Device was incorporated during the 2021 COVID-19 pandemic. This timing was ideal as the EPA, FDA, USDA, and Health Canada all relied on ozone as an effective disinfection against the novel coronavirus (SARS-CoV-2).
ClearAir Device Ltd. is a female-founded, green & clean tech company. Privately owned and financed, our company sells and distributeseco-conscious, cleaning, and sanitizing products focusing on low-grade, aqueous ozone to effectively remove harmful contaminants from food, water, and surfaces.
Our suite of “Made On Demand” Stabilized Aqueous Ozone Devices are tested and proven to replace many chemical cleaning and sanitizing products. clearairdevice.ca sells and ships On-demand Contamination Control and life Sciences Devices throughout Canada and North America. Our products are FDA, and Health Canada-approved for safe use.
Assignment
Refine Business Plan: Enhance the current business plan through in-depth research findings. Integrate fresh insights, emerging market dynamics, and potential avenues for growth to bolster the company's strategic direction.
Cost Analysis and Financial Assessment: Conduct a thorough examination of product costs encompassing materials, manufacturing, and operational expenses. Utilize financial tools like Internal Rate of Return (IRR) and breakeven analysis to gauge the economic feasibility of business endeavors.
Market Expansion Strategy: Investigate opportunities to diversify the product line by introducing new aqueous ozone offerings sourced from alternative market sources. Assess market demand, competitive landscape, and profit potential for these products. Formulate actionable recommendations for integrating them into the existing product portfolio to broaden market penetration and enhance revenue streams.
Brochure Development: Create a visually appealing and informative brochure for your company. Highlight key products, services, and unique selling points to attract potential customers and investors.
- What tasks will learners need to complete to achieve the project goal?
-
By the end of the project, learners should complete the following tasks:
- A refined business plan incorporating new insights, market trends, and potential opportunities.
- A comprehensive cost analysis report including financial metrics such as IRR and breakeven points.
- An evaluation report on the demand, competition, and potential profitability of additional aqueous ozone products.
- Recommendations for integrating the additional products into the product portfolio to expand market reach and revenue streams.
Final deliverables:
- A detailed report on the refined business plan, cost analysis, financial evaluation, and market expansion strategy.
- Recommendations for integrating additional products into the product portfolio.
- Presentation of findings and recommendations to the stakeholders at ClearAir Device.
- How will you support learners in completing the project?
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To support learners in completing the project effectively, we will provide ample staff time and guidance throughout the project duration. as a mentor, i will be available to offer one-on-one assistance, answer questions, and provide feedback on project milestones. Learner/s will have access to a range of tools and technology necessary for conducting research, refining business plans, and analyzing financial data. Additionally, i will ensure access to relevant data sources and industry reports to facilitate thorough market analysis and strategic decision-making. Regular check-ins and progress reviews will be scheduled to keep learners on track and address any challenges or concerns that may arise. Our goal is to create a supportive learning environment that empowers learners to successfully complete the project while gaining valuable skills and insights.
- What skills or technologies will help learners to complete the project?
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In order to complete this project, learners should have the following skills or be willing to learn:
- Business analysis and strategic planning.
- Financial analysis and evaluation.
- Market research and trend analysis.
- Report writing and presentation skills.
- Knowledge of product portfolio management and market expansion strategies.
About the company
- https://clearairdevice.ca
- 0 - 1 employees
- Food & beverage, Agriculture, Science, Hospital, health, wellness & medical
In light of current environmental challenges, numerous studies have revealed alarming levels of contaminants in our soil, food, and water, posing significant threats to our health. Motivated by this, our journey to reduce toxic loads and promote sustainability took root.
While scientific and clinical documents highlight over 100 benefits and uses for ozone technology, the existing machines are often expensive, bulky, and primarily tailored for agricultural, industrial, and clinical settings. This limitation left us feeling both frustrated and concerned.
The pivotal question arose: "How can we effectively eliminate contaminants and toxic loads from our daily essentials, such as food and water?" The answer emerged in the form of Aqueous Ozone – a safe, daily-use ozone water solution that can be applied in occupied spaces. Not only does it showcase remarkable efficiency in water and food sanitization, but medical and FDA reviews have also underscored its effectiveness in eradicating and controlling SARV-CV19.
In response to this need for accessible and sustainable solutions, ClearAir Device was established in October 2021. Our primary goal is to empower everyday individuals to harness the cost-saving benefits of ozone purification (O3) as a powerful tool to combat contamination in their health and living spaces. Join us on our journey towards a healthier, more sustainable future.