Prepare a Business Plan for the CARV-TECH Compnay

Assignment Help Business Management

Reference no: EM132395631

Assignment Task

Prepare a Business Plan for the "CARV-TECH" Compnay and also follow the given outline.

CARV-TECH will provide computer repair, maintenance, software installation and upgrade, networking, IT support services, technology solutions, data security, CCTV, mobile device support, and customer advising on computer-related issues.

Business Plan Outline

There are the following points that must be include in the business plan:

BUSINESS NAME

DESCRIPTION OF BUSINESS

FORM OF BUSINESS OWNERSHIP

IDEAL CUSTOMER

OUR ADVANTAGES

ETHICAL ISSUES

SOCIAL RESPONSIBILITY

GLOBAL ISSUES

MISSION STATEMENT

BUSINESS GOALS

SWOT ANALYSIS

MANAGEMENT

ORGANIZATION CHART

RAW MATERIALS AND SUPPLIES

QUALITY ASSURANCE

CORPORATE CULTURE

LEADERSHIP PHILOSOPHY

JOB SPECIFICATIONS

TRAINING EMPLOYEES

COMPENSATION

INCENTIVES

TARGET MARKET

Describe your target market in terms of age, education level, income, and other demographic variables.

PRODUCT FEATURES AND BENEFITS

Describe the features and benefits of your product or service.

PRODUCT DIFFERENTIATION

How will you make your product stand out in the crowd?

PRICING

What pricing strategy will you choose for your product, and what are the reasons for this strategy?

PLACE (DISTRIBUTION) ISSUES

Where will customers find your product or service? (That is, what issues of the distribution mix should you consider?)

ADVERTISING

How will you advertise to your target market? Why have you chosen these forms of advertisement?

PROMOTIONS

What other methods of promotion will you use, and why?

IT RESOURCES

What kind of IT resources will your business require?

CUSTOMER SERVICES

How will you use information technology to keep track of your customers and potential customers?

COST OF DOING BUSINESS

What are the costs of doing business? Equipment, supplies, salaries, rent, utilities, and insurance are just some of these expenses. Estimate what it will cost to do business for one year.

EXPECTED REVENUE

How much will you charge for your product? How many products do you believe that you can sell in one year (or how many customers do you think your business can attract)?

Multiply the price that you will charge by the number of products that you hope to sell or the amount you hope each customer will spend. This will give you an estimate of your revenues for one year.

INCOME STATEMENT AND BALANCE SHEET

Create a balance sheet and an income statement (profit-and-loss statement) for your business.

STARTUP COSTS

How much money will you need to get your business started?

FINANCING

How will you finance your business? For example, will you seek out a bank loan? Borrow from friends? Sell stocks or bonds initially or as your business grows?

EXECUTIVE SUMMARY

Now, create an executive summary for your business plan. The executive summary should be brief—no more than two pages long.

Reference no: EM132395631

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