Summary arguably the most important-convincing

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Reference no: EM133322049

Question: Brainstorm a new idea for a new product/service/ business that could be created.

List a few details about what the new idea would include.

Use see below about the details that should be noted for the business idea.

I. Executive Summary Arguably the most important-convincing
II. Industry Analysis Conveys solid understanding of the playing field
III. Company Description Shows you can translate an idea into a business
IV. Market Analysis Conveys understanding of TM behaviors
V. The Economics of the Business How will you make a profit / surplus / break-even?
VI. Marketing Plan 4Ps + positioning + differentiation + SALES*
VII. Product/Service Design and Development Plan **Very important for completely new product/service
VIII. Operations Plan Short and crisp description of how the firm will run
IX. Management Team and Company Structure **Critical for investors to assess the strength of the team
X. Overall Schedule Effectively communicate your foresight
XI. Financial Projections Take all above and express in financial terms

Reference no: EM133322049

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