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

Describe the typical development pitfalls, A) Describe the typical developm...

A) Describe the typical development pitfalls related to the development of a data warehouse. B) Outline, using a labelled diagram, the basic architecture of a data warehouse and

Anticipation inventories, Anticipation inventories are held for the rea...

Anticipation inventories are held for the reason that a future demand for the product is anticipated. Production of specialized times like crackers well before Di

Describe the term e-procurement, (i) Compare the categories of electronic c...

(i) Compare the categories of electronic commerce and explain how e-commerce is changing consumer retailing and business to business transactions. (ii) Describe the term ‘e-pro

Create a production schedule, 1. Create a Production Schedule for January t...

1. Create a Production Schedule for January to May and identify any issues that may affect achievement of the Schedule. Use the information outlined in the Scenario below in conjun

Explain the difference between social obligation, Question: In Mauritiu...

Question: In Mauritius, the government has reduced the corporate tax and consequently, it expects private sector organizations to spend a percentage of their profits on project

Discuss the four criteria of the evaluation framework, QUESTION 1 ‘‘It ...

QUESTION 1 ‘‘It was argued that the World Trade Organisation (WTO) and GATT Uruguay Round Agreements have functioned principally to pry open markets for the benefit of transnat

GE matrix, What are the characteristics of each component of the GE matrix...

What are the characteristics of each component of the GE matrix?

Conflicts in profit versus value maximization principle, Q. Conflicts in Pr...

Q. Conflicts in Profit versus Value Maximization Principle? 1) Conflict between Departmental Goal and Firm Goal: There are several departments in affirm such as sales departmen

About low saving rate in Saudi Arabia, Is it possible to make a chapter of ...

Is it possible to make a chapter of previous studies and the theoretical framework for this topic

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