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- 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.
CALCULTE THE FOLOWINGN: 1) GDP in Income Approach and Expenditure Approach 2) GNP 3) Net GNP 4) National Income 5) Personal Income 6) Disposable Income
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What would be the aims and objectives of the business Luke is planning to implement after graduation? His Business deals with people that are unaware of the modern world of tech
What are the definitions of experts on Small Scale Business?
It allocates costs based on the price elasticity of demand. Yet higher the elasticity (elastic), the lower the charge of fixed costs when allocated amongst products.
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