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You intend to form a private limited company with three of your friends. In order to ensure the success of the new venture, you need
You intend to form a private limited company with three of your friends. In order to ensure the success of the new venture, you need to develop a business plan that includes the following elements: 1. The name of your business, type of business ownership, products and services that will be offered. Justify the reason for the selection. (15 marks} 2. The vision and mission of the business. (10 marks) 3. Management team key positions for various departments and their roles and responsibilities. (20 marks) 4. Leadership styles (apply any leadership theory). (10 marks) 5. Human resource management of the business. Justify how to attract and retain the best employees to work in your company. (15 marks) 6. Discuss the 4Ps of your marketing program namely price, promotion, productfservice and place. (20 marks) 7'. Financial management of the company, discuss where are the funds coming from and how you sustain the growth and survival ofthe company. (10 marks)
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