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

Controlling is the measurement and correction of performance, QUESTION 1 ...

QUESTION 1 Planning is important for the success of an organization. Yet several organisations are reluctant to be involved in the planning process. Discuss the validity of thi

Phases of business process reengineering, According to perter F. Drucker R...

According to perter F. Drucker Reengineering is new and it has to be done. The tasks experts agree upon to successfully perform BPR can be grouped into seven steps or p

Explain ethical decision you had to make, Ethics, trust and integrity are o...

Ethics, trust and integrity are often challenged in an investment banking job. Look at the sub prime crisis, the near collapse of the mortgage giant, Fannie Mae, and the restatemen

Explain the approaches to benchmarking, Located in Texas, USA, KARLEE is a ...

Located in Texas, USA, KARLEE is a contract manufacturer of precision sheet metal and machined components for customers in the telecommunications, and medical equipment industries.

Brief description of the business and its strategy, HRM assignment You ...

HRM assignment You are to submit a written report based on a company of your choice (preferably the one you are working in or have worked before), identifying three HRM strateg

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

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

Organiation desgin, How could technology help solve the problems at the fro...

How could technology help solve the problems at the front desk? Explain what you propose very specifically and clearly. Please do not give round-about general answers.

MEQA501, Today is your first day working for MarmaMed, a firm that produces...

Today is your first day working for MarmaMed, a firm that produces and sells a small range of medical diagnostic products. MarmaMed’s main product is the DiagnoKit™, a simple-to-us

Surviving plant world, what is the possible prblems on this case study

what is the possible prblems on this case study

Discuss the steps of the writing process, Question 1: (a) Explain the ...

Question 1: (a) Explain the Communication Process Model and elaborate sequentially through the use of this model the various stages that can ensure effective business communic

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