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BUS 10/ BUSINESS PLAN Executive Summary: Although this appears at the very beginning, it should be written after you have prepared the rest of the
BUS 10/ BUSINESS PLAN
- Executive Summary: Although this appears at the very beginning, it should be written after you have prepared the rest of the paper. It will contain a snapshot of the information inside the document, so it should be treated like a promo of the actual material.
- Company Profile: Each of the following should appear under separate headings in this section.
- The legal form of business (sole proprietorship/partnership/corporation)
- Company mission/vision statement.
- Description of products or services.
- Industry Analysis: Provide a brief introduction to the industry your product may fit in followed by a SWOT analysis of your business (in a tabular format). Make sure you provide both under separate headings.
- Target Market Analysis: Describe the consumer demographic you are trying to appeal to (age/gender/background/income group etc.). Provide information regarding where you want to open/operate the business from (Facility Location). Use bullet points and headings to organize your information.
- Marketing Strategy: Describe how you wish to market your product your service using the Four Ps as mentioned in Chapters 13 -16
- Product
- Price
- Place
- Promotion
- Sources of Finance: Although in a formal business plan, you are expected to provide detailed financial statements, in this assignment, it is expected that you describe the sources of finance and how much capital is needed
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