Preparation of business plan

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Reference no: EM131657238

Preparation of Business Plan

You are required to write a business plan either for a business idea you have. This can be a real or an imaginary business or a plan for an existing small business. Whilst you do not have to follow any precise format, a specimen format is provided in the textbook. The interactive chapter exercises on the textbook website allow you to build your plan step-by-step and place it in this format.Guidance - Business Plan

Excutive summary - Briefly summarize the plan and highlight the key points and it may minimum be an outline of:

1. the business; 2 the team;3the proposal; 4why it will succeed;5 what the rewards will be; 6 any major risks and how you can minimize them

2.1 Business details - 1. Description of your products /service, 2. Your mission and vision statements, 3.You aims and objectives

3. Industry & market analysis.

3.1 SLEPT analysis
3.2 Porters five forces

This section provides background information on your industry sector and market segments within it . should include ;

Industry size ,growth ,structure( macro and micro/ local level )

Industry & market trends (macro & micro. Local level)

Market segments and reasons for target markets selection

Buyer behavior across segments

Competitor analysis ( strength and weaknesses)

Customers & Value proposition

This section outlines your target market segments and the value propositions for your product/service. Highlight your different advantages over competitors. set your sales targets

Marketing strategy -

The details about how you propose to achieve that sale target. it should include.

1.Price , Promotions,distribution etc. 2.Launch strategy 3.Sales tactics 4.Brand development 5.Competitive reaction 6.Product & market
development 7.Growth potential

Operation plan - This section outlines how your business will be run and how your product/service will be produced. It will include 1.Key operating activated ( manufacturing process ,business model ets),

2.Partnership , 3.Business control ,4.Scalability 5.Supply

Mangnient team & company Structure
1.Key people , their functions & background 2.Business organization or structure 3.Director, advisor and other key partner 4.Skills gaps and plans for filling them

Resources - This section describes the firms facilities equipment's & staff requirements. it should include; premises , facilities , machinery, equipment and staff

financing - This section highlights the finance you need to launch your business. This section should include; 1.founders contribution,

2.1oan and or equity finance requirements, 3.gearing/ leverage, 4.time scale and exit routes for equity investors.

Financial projection - This section should include the financial projections for three years with monthly cash flow forecast for first year. Provide one page financial summary should include; 1. Income projections 2. Cash flow projections 3. Balance sheet projections 4 key ratios.

Risks & strategic options - This section should identify the key risks you face. This section should include ; Lidentified risk 2.Risk monitoring and mitigation 3.Critical success factors 4.Strategic options

References - Harvard style

Specimen plans are readily available on the internet. However be warned, do not copy the contents of on-line plans.

Marks for this assessment will be awarded based on the criteria below.

- Clarity, consistency and originality of value proposition(s)

- Clear identification of target market segment(s)

- Comprehensiveness of market and competitor analysis

- Consistency/originality of core marketing & entry and/or growth strategies

- Comprehensiveness and accuracy of financial projections

- Comprehensive identification of resources required and financing

- Identification of material risks and their mitigation

- Realism and practicality of plan

- Overall presentation, including clarity of English

Marks will be awarded for the thoroughness of the plan - not for the profit-making potential of the business idea. A good plan that proves the idea to be unviable can receive full marks. A profit projection, breakeven calculation, monthly cash flow forecast and balance sheet are required for only the first year and should be included in the appe3ndix. You must also provide details of the assumptions on which these are based.

References: Academic citations (e.g. to academic models) are not expected in a business plan, but if you do use them ensure that they are properly referenced. However, if you cite sources for information used (e.g. market size) you must ensure that they are properly referenced (normally a web reference).

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The business Plan is prepares for imaginary business of a Latest Fashion Trend. The business is t be set up and the plan discusses about the operation, management, sales strategy, finaces of the imaginary business. The paper is prepared for 3000 words, bibliography for Harvard reference style. Time new roman font, 12 pt, double spacing.

Reference no: EM131657238

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Reviews

inf1657238

12/26/2017 5:34:06 AM

Good solution, so fast, less than 24 hours. cover all the requirements and questions. Got good marks as well 15 out of 20 marks and almost cover all the topics and used accurate information. Thanks I appreciate the marks as it was done in very less time.

inf1657238

12/26/2017 5:33:42 AM

Please we need to do the assaignment as attached files 25213978_1Screenshot ????-??-??-??-??-??.png do the assaignment as attached file 25213910_1EM20789MAN930BM 1New Microsoft Word Document 13.docx This the file 25213926_1EM20789MAN930BM 1New Microsoft Word Document 13.docx The search must be identical to the table attached in the file in attachments file i keep my remarks by side each paragraph i hope that the adjusted according to the desired 25213979_1B P mansoor 2018.docx thanks

len1657238

9/25/2017 5:43:54 AM

Marks will be awarded for the thoroughness of the plan - not for the profit-making potential of the business idea. A good plan that proves the idea to be unviable can receive full marks. A profit projection, breakeven calculation, monthly cash flow forecast and balance sheet are required for only the first year and should be included in the appe3ndix. You must also provide details of the assumptions on which these are based. References: Academic citations (e.g. to academic models) are not expected in a business plan, but if you do use them ensure that they are properly referenced. However, if you cite sources for information used (e.g. market size) you must ensure that they are properly referenced (normally a web reference). Marks for this assessment will be awarded in accordance with the grading grid.

len1657238

9/25/2017 5:43:39 AM

10.Financial projection This section should include the financial projections for three years with monthly cash flow forecast for first year. Provide one page financial summary should include; 1. Income projections 2. Cash flow projections 3. Balance sheet projections 4 key ratios. 11.Risks & strategic options This section should identify the key risks you face. This section should include ; Lidentified risk 2.Risk monitoring and mitigation 3.Critical success factors 4.Strategic options 12.References If available , Harvard style 13.Appendices This section may include; 1.detailed financial projections2.financtial assumptions 3. Background information 4. Locations information 5. Operation information 6. Detailed of market research 7. Website screenshot

len1657238

9/25/2017 5:43:31 AM

7.Mangnient team & company Structure This section should include ;1.Key people , their functions & background 2.Business organization or structure 3.Director, advisor and other key partner 4.Skills gaps and plans for filling them 8. Resources This section describes the firms facilities equipment's & staff requirements. it should include; premises , facilities , machinery. equipment and staff 9. financing This section highlights the finance you need to launch your business. This section should include; 1.founders contribution, 2.1oan and or equity finance requirements, 3.gearing/ leverage, 4.time scale and exit routes for equity investors.

len1657238

9/25/2017 5:43:23 AM

5.marketing strategy This section provides the details about how you propose to achieve that sale target. it should include . 1.Price , Promotions ,distribution etc. 2.Launch strategy 3.Sales tactics 4.Brand development 5.Competitive reaction 6.Product & market development 7.Growth potential 6.Operation plan This section outlines how your business will be run and how your product/service will be produced. It will include 1.Key operating activated ( manufacturing process ,business model ets), 2.Partnership , 3.Business control ,4.Scalability 5.Supply

len1657238

9/25/2017 5:43:16 AM

2.1Business details 3. Industry & market analysis. 3.ISLEPT analysis 3.2 Porters five forces This section provides background information on your industry sector and market segments within it . should include ; • Industry size ,growth ,structure( macro and micro/ local level ) • Industry & market trends (macro & micro. Local level) • Market segments and reasons for target markets selection • Buyer behavior across segments • Competitor analysis ( strength and weaknesses) 4.Customers & Value proposition This section outlines your target market segments and the value propositions for your product/service. Highlight your different advantages over competitors. set your sales targets

len1657238

9/25/2017 5:43:08 AM

Assignment Guidance (Business Plan) Cover Title of your report. Address (to/from) and date of the report. Contents Page Include page numbers. Briefly summarize the plan and highlight the key points and it may minimum be an outline of: /.the business; 2 the team;3the proposal; 4why it will succeed;5 what the rewards will be; 6 any major risks and how you can minimize them 1.Excutive summary Cover the basic information of the business which outline of: 1.Description of your products /service , 2. Your mission and vision statements , 3.You aims and objectives

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