Reference no: EM131278292
Business Plan
I need a Business plan of a moter company, I want to sell and buy used cars and motorcyles. I will answer a few questions below to help clearify the idea of my business.
Worksheet for assignment 3
1. I used to buy and sell motorcyles back home to my friends.
2. My business name is quality motors deals
3- The skills that i have is that I used to sell and buy motorcyles and I have good understanding of the motor industry.
BUSINESS PLAN ASSIGNMENTS
THE FOLLOWING ASSIGNMENTS ARE TAKEN FROM YOUR TEXT BOOK: The Business Plan Workbook: A Practical Guide To New Venture Creation And Development by Colin Barrow, Paul Barrow and Robert Brown, Kogan Page, UK, 8. Ed.,2015.
TO DO:
1. Read: How To Use the Workbook, p. IX
2. Read: Why Prepare A Business Plan, p. XIII-XV.
3. Read: What Backers Look For, p. XVI-XXL
4. Read: Assignment 1, p. 3.11: Coming Up With A Winning Idea For Your Business Plan
5. Complete Worksheet for Assignment 1.
6. Read: Assignment #2, p. 12-26: Strategy The Big Picture
7. Read: Assignment #3, p. 27-43: You And TOW Team
8. Complete Worksheet for Assignment 3.
Prepare your submission: typed, 1 page
Worksheet for Assignment
Coming up with a winning idea for your business plan
1. Explain briefly your business idea and now you arrived at it.
2. It you are still considering whet business to plan to enter review the options outlined in this chapter in particular:
(a) Can you identify a market pap that you could meet?
(b) Is there a new twist that you could put onto an old business idea?
(c) Do you have an idea for en innovation or novel product?
(d) Is there a franchise or network marketing proposition that you could plan for?
(e) Have you explored the possibility of buying out a business?
Worksheet for Assignment 3:
You and your team
1. How did you arrive at your new idea?
2 What is your business name and why have you chosen it?
3 What experience and skills you have that are particularly relevant to this venture?
4 Who else will be working with you and whet relevant experience and skills is they have?
5 What professional advisers (accountant, lawyer, patent agent etc) have you used, or do you plan to use?
6 Under what legal form into you trade end why?
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