Hello, I need help with an assignment please. I have created a business concept and out of that business concept, I need help creating a business plan using the following the questions.

Please provide sources, in-text citations and references for the business plan for question 3, 4, 5, 6, 7 where applicable.

Business Plan

1. Executive Summary - Description of your Social Enterprise (rational of establishing this enterprise - both economic and social purposes), summary of the Business plan (business concept, strategy, core Programs and/or Services, geographic coverage) with focus on key elements that will contribute to the success of your social enterprise.

2. Mission and Purpose - value proposition/mission statement, goals including problem to be addressed and impacts your social enterprise will have.

3. Business concept - Products, Programs & Services that your social enterprise will offer, describe how the social enterprise will generate revenue and social impact, and become a viable business.

4. Competitive Advantage - demonstrate your unique niche based on your market research conducted about the market and competitors, and provide analysis of risks, opportunities, and your competitive advantage comparing with competitors in meeting a gap and demand identified.

5. Organisational structure - describe how the social enterprise will be structured including legal structure and governance (Registration, Executive body, Boards, or steering committees and/or advisory committees).

6. Management - leadership and structure (key positions in your management team, their roles and responsibilities, relevant experiences or qualifications required if the positions are not yet filled).

7. Operation plan - include Performance and Impact Measurement plan, staffing plan, financial plan, forecast (cash flow with expected revenue and expense).

Business Concept

Our company - Rainbow Lama Coop. is a joint project of a small enthusiasts in the field of international development. In our team of young people with experience in entrepreneurship, marketing, and project management, we share the goal of improving life in the developing world. Specifically in rural areas. as they are yet to benefit from economic growth and market inclusion. We've decided to apply our efforts in Peru, where indigenous population is lacking access to roads and services.

Our Mission:To enhance the quality of life in disadvantaged indigenous rural communities in Peru through market inclusion, promotion of cooperation and reinvestment of profits in the community development.

Target population:We will be focusing on the Quechua-speaking Chinchero community of 20,000 people from the Andean highlands. They are known for ancient textile weaving techniques with a traditional blankets in blue,red and/or green.

Example:

While they organized weaving operations and done a lot to revive ancient indigenous traditions of wool weaving, they lack streamlined access to market and could benefit from additional investment, not only to weaving but to other agricultural practices.

Business model:

Our company will start from a marketing procedure, which entail promotion, advertising, organizingselling procedures in the Canadian market. The profits will bereinvested to fund training operations, improvement of wool production operations and enhancing local services. Through those operations we expect not only todeveloplocal community, strengthening their production capacities and livelihoods, but increasing the reach of our organization to other communities and products,growing our impact. Finally, our company will promotecooperation between farmers and communities, providing them with a bank of equipment and other material and financial assets, which could be used to enhance business procedures.

Services:

Consultation - with respect to traditional practices of rural communities, our team will investigate modern solutions to promote rural growth and develop investment strategies for long-term beneficial growth.

Supply chaindevelopment and oversight - our team will develop and streamline the process of goods delivery from villages to local and global markets.

Marketing- our team will ensure profitability of local production through promotion and selling procedures.

Supply provision- our company aspires to grow into a collective enterprise, where farmers can sell their products on equitable terms and benefit from a bank of equipment and other assets created by their operations.

Market prospectives:

Canadian market shows a substantial potential for the sale of indigenous weavings, driven by a rising interest in unique and culturally rich products. 72% of Canadians express a willingness to pay more for products from Indigenous businesses, indicating a favorable market environment (StatsCan, 2019).

The sector of cultural imports in Canada, was in a growth since 2017 and constitutes 22.97B$ with a share of crafts (under which our initial products are) being 5.02B$ (Government of Canada, 2021). The growth rate of textiles value added on Canadian market specifically, is projected to be 2.65% in a period 2023-2028 (Statista, 2023). Thus, there is a possibility to secure profit on Canadian market.

Market positioning:

Our enterprise provides the sustainable, high-quality, authentic, traditional Peruvian wool products in Canadian market. Those and our other possible products will be advertised as socially beneficial and equitable, as we expect them to be.

Services Management Team:

Intake consultation specialist: overseer to support consumers venturing into the weaving industry (find out how long they plan to invest in services being offered. Other than obtaining income through the investment, other investment strategies are growth investing and value investing.

Technical Specialist: provides insight and knowledge into high quality tools and efficiency of production process involved with weaving.

Market and Advertising consultants: offer highly engaging and up to date information on market exposure of wool production and weaving in Peru and Canada.

Supply Chain Coordinator: collaborating efforts made with sales, market, and productions departments to anticipate consumer needs and create precise demand plans.

Logistics and Operations: ensuring sufficient flow of information is being supplied about goods and services being offered through the supply chain.

Growth projections and sustainability:

Year 1: To set-up operations; establish network; engage with Indigenous population; start awareness campaigns; start first sales.

Expected profit: $110,000/year.

Year 2: Reinvest the first revenue; increase local production capacity; provide training workshops; continue awareness campaigns; continue operations.

Expected profit: $150,000/year.

Year 3: Continue reinvesting profits into the local community; provide additional workshops and training to increase productivity; invest in local infrastructure.

Expected profit: 180,000/year.