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

Caselet communication failure, What should Mr. Sharma have done to avoid th...

What should Mr. Sharma have done to avoid the misunderstanding?

Carrying out a training need analysis for an organization, Question 1: ...

Question 1: "Training is usually treated as a cost in many organizations rather than an investment since in difficult times, many organizations cut their training budget first

Benefits from preventive maintenance, a. Reduction of the total time an...

a. Reduction of the total time and consequent reduction in production losses. b. Reduction nin the number or major repairs and consequently reduced maintenance expens

Describe the stages of group formation, Question: XYZ is a small organi...

Question: XYZ is a small organization producing. canned Tuna fish.Work is allocated into teams of 6 to 8 people. Some groups specialize in canning, some in design, some in mar

Explain to management what an audit is, QUESTION 1 Part A Governme...

QUESTION 1 Part A Government has recently set up a parasternal body responsible for the management of land in Mauritius. The management is unsure as to the need for an aud

Consumer behaviour when making a purchase, Describe briefly the main stages...

Describe briefly the main stages included in the (rational) process of consumer behaviour when making a purchase.   Problem/Need recognition The purchasing process is a pro

Conceptual framework of diversity, Diversity is an increasingly important f...

Diversity is an increasingly important factor in organisational life as organisations worldwide are more diverse in terms of the gender, race, ethnicity, age, national origin and o

Canteen, whom do you thikk rajender will eat with ?why

whom do you thikk rajender will eat with ?why

Case of flex bump, Case of Flex bump Becker and Fagen are two observer...

Case of Flex bump Becker and Fagen are two observers of organizations. They are attempting to understand organizational dynamics, developments, and strategies in the firm FLEX

Describe the methods of measuring reliability, Question 1: Quality Func...

Question 1: Quality Function Deployment has been widely regarded as a breakthrough in the quality function. Discuss. What are the different phases of Quality Function Deployme

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