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

Prepare an analysis of the wage differential, A firm must balance the facto...

A firm must balance the factors used to determine the pay ranges of their employees balancing the job demands with sufficient pay levels to encourage employees to undertake the new

International business, VK Ltd a multi-product Company, furnishes you the f...

VK Ltd a multi-product Company, furnishes you the following data relating to the year 2000. First Half of the year Second Half of the year Sales Rs. 4

Discuss the economic impact of globalization, QUESTION The term ‘global...

QUESTION The term ‘globalisation' means integration of economies and societies through cross country flows of information, ideas, technologies, goods, services, capital, financ

Lcapital investment, what are the posible implications of capital investmen...

what are the posible implications of capital investment decision?

What is customer relationship management system, When it comes to very comp...

When it comes to very complex investment decisions, Bannister and Remenyi (2000) argue that management teams often rely on methods which do not fall with in the traditional boundar

What are the types of formal participation, What are the types of formal pa...

What are the types of formal participation? Types of formal participation: (a) Ascending participation: Here elected representative of employees participate into managem

Both opportunities and threats for each demographic, There should be consid...

There should be consideration of both opportunities and threats for maximum marks in each case. Award up to 3 marks for each demographic consideration. Examples of possible issues

Ethics and Governance, Is leadership essential to the development of ethica...

Is leadership essential to the development of ethical decision making in modern organisations?

PURCHASING AND SUPPLY SYSTEM, STEPS TO BE FOLLOWED IN THE PROCESS OF EVALUA...

STEPS TO BE FOLLOWED IN THE PROCESS OF EVALUATING PURCHASING AND SUPPLY SYSTEM

The two-tier and three-tier web client-server architectures, QUESTION (...

QUESTION (a) Compare the two- and three-tier Web client-server architectures, and indicate the role of each tier in each architecture. Which architecture is the most likely can

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