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

Functional areas of business, There are several functional areas of busines...

There are several functional areas of business that a recent female student must identify. The goal is to understand if her long-term goal of becoming the principal of anspecial n

Placement, define placement and its importance

define placement and its importance

Elements of just in time manugacturing, Components/Elements of JIT JIT m...

Components/Elements of JIT JIT manufacturing consists of several components or elements which must be integrated together to function in harmony for its successful implementatio

Explain the role of communication in conflicting situations, QUESTION 1 ...

QUESTION 1 Explain what you understand by the term "Feedback" and how this can help in improving communication in our work place environment. QUESTION 2 Who are organisati

Transactional and transformational leadership, Question 1: Describe the...

Question 1: Describe the concept of quality. What are the challenges of managing quality across the organisation? Concept of Quality Challenges of managing quality ac

Technology used for communication, Question 1 Since 2000, Tizil Company...

Question 1 Since 2000, Tizil Company Ltd manufactures Teddy bears which it exports to European countries. It has several factories located in Mauritius and in Rodrigues. With

Firms decision making process, Question 1: (a) Why is it often difficu...

Question 1: (a) Why is it often difficult to implement change within organisations? (b) What actions might management take to reduce such difficulties? Question 2:

Standardization and simplification of inventories, For proper inventory c...

For proper inventory control standardization of materials and products as well as simplification of the production line is necessary standardization refers to limiting o

Procedures and decisions implemented at the workplace, Question 1: One ...

Question 1: One of the basic causes of industrial accidents concerns safety policies, procedures and decisions. (a) Clearly explain what should safety policies, procedures a

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