Create a business plan, Business Management

Assignment Help:

- This is a project in which you have to create a business plan. The aim for the creation and development of a business plan is to ensure that all critical parts of a new company or business / product or service are reviewed and covered in order to get funding support of a hypothetical sponsor. Your business can be your dream business, a start-up or an established one, B2C or B2B. The business plan is your roadmap for future development.

- What your business plan needs to include:

- An executive summary highlighting the main points - to catch people's attention.

- Details of key personnel with an organizational chart showing individual responsibilities.

- Market research - details of competitors and how your product or service fits into the market

- Your marketing plan - how you are going to get your product or service in front of potential customers, together with any assumptions made when setting your targets.

- Simple financial information to compare your business' performance against industry benchmarks.

- A cash-flow forecast. This will indicate the amount of funding you need and why. For a start-up, include estimates of how much finance you will require for two to three years or until you start to make a profit.


Related Discussions:- Create a business plan

Importance of aligning projects with business strategy, Question: (a) T...

Question: (a) Today, project management is a standard way of doing business and has been widely adopted by many organizations. The key to success and productivity is often link

Testing facilities, During planning of inspection consideration should a...

During planning of inspection consideration should also be given to the flow of product through the inspection station. The inspection station or station should be so plan

Economic recorder quantity, Setting Different Levels and Recorder point ...

Setting Different Levels and Recorder point : Just to avoid the chances of over and under investment as well as running short of an item during the course of production m

Systems orientation, PM alone cannot eliminate or drastically reduce break...

PM alone cannot eliminate or drastically reduce breakdowns. Supporting it there should be various steps taken in design development and engineering such that maintenance itself

Explain the concept of workplace violence, Question 1: (a) Explain the...

Question 1: (a) Explain the ergonomic risk factors that affect the well being of workers. (b) Briefly explain the outcomes of poor ergonomics and elaborate on the ergonomi

Advantages of entrepreneurship development , Advantages of Entrepreneurship...

Advantages of Entrepreneurship Development You will be your own boss and the boss of other people and make the decisions that are crucial to the business' success or failu

Production process in a company, Production Process in a Company Depic...

Production Process in a Company Depicted below is the production process flow for company with timing requirement for set ups and related processes to take place for all the

Explain about the work study, Explain about the work study. Definitio...

Explain about the work study. Definition of Work Study: Work Study, is defined through  British  Standard  Institution,  is  a  generic  word  for  such techniques  mainl

Implementing an e-business strategy at digiland, QUESTION Read the case...

QUESTION Read the case study found on page 5 of the question paper and answer the questions below: (a) What are the impacts of implementing an E-Business strategy at Digilan

Eliminates of manufacturing waste, JIT  is a management  philosophy  that  ...

JIT  is a management  philosophy  that  eliminates of manufacturing  waste  by production  the  right part in the right place at the right time. Waste results from any activity tha

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd