Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

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

  1. 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.

  1. 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.

  1. 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.

  1. 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.

  1. 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

  1. 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

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

How To Adult Personal Finance For The Real World

Authors: Jake Cousineau

1st Edition

8581084830, 979-8581084830

More Books

Students also viewed these Finance questions

Question

1. What are Associations ?

Answered: 1 week ago

Question

1. What is socialization?

Answered: 1 week ago

Question

1. State how schools help in socialization?

Answered: 1 week ago

Question

What are the major medium of communication ?

Answered: 1 week ago