Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

content creator business plan Market Potential 1 . Please clearly define and estimate the market potential for your product / service. ( In other words,

content creator business plan
Market Potential
1.Please clearly define and estimate the market potential for your product / service. (In other words, how many products like yours, including yours and those of your competition, will your target market purchase in any given year?).2.Please clearly explain any relevant calculations or logic involved in estimating the market potential, and indicate the dollar value of your estimate.
Competition
3.Please name, locate and briefly describe any direct competitors to your business. Please provide an estimate of the sales of each, explaining your thinking and / or sources of information.
4.Please describe any advantages you will have over the competition. Sales Forecast
5.Please make as many sales forecast estimates as you can, using different methods. Please rank the different estimates to show the range of sales you might expect.
6.From the information above, please choose or calculate a single conservative estimate of sales that you will use for planning your business. Please explain your choice. Protecting The Business
7.Please briefly describe any business insurance you will carry, explaining the coverage, the premiums and the payment schedule.
8.Please explain any techniques you will use for protection against theft or other dangers which the business could be subject to,(e.g. security systems, operating policies, etc).

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

School Finance And Business Management Optimizing Fiscal Facility And Human Resources

Authors: Craig A. Schilling, Daniel R. Tomal

2nd Edition

1475844026, 978-1475844023

More Books

Students also viewed these Finance questions