Question
Develop detail business outline for food preservation company. I. Summarize your business concept, define your company, how you will generate revenue and profit. Describe your
Develop detail business outline for food preservation company.
I. Summarize your business concept, define your company, how you will generate revenue and profit. Describe your product/service, what distinguishes your company from others and how much money you will need from financers. II. Explain your mission, objectives, purpose and what you want to accomplish. III. What industry are you and type of structure. IV. Describe your product/service. V. Provide data about your target market and goals. VI. Summarize qualifications of management personnel. VII. Outline strategy for identifying and contacting customers, providing customer services, setting prices, advertisement. VIII. Describe how product will be developed, costs and problems. IX. Provide an example of your operating plan. Identify operating facilities needed, equipment and personnel requirements. X. Need a schedule for company growth, development, staffing and when products will be ready for the market. XI. What risks and problems do you foresee with your business? XII. Outline the details of your budget: projections of income, expenses, costs for start-up, operations, in a 3-5 years cash flow analysis. XIII. What kind of exit strategy will you provide for investors to buy back their investment? Reference: Thill and Bovee, 14th Edition, p 343.
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