You are required to write business plan which will provide direction and increase the probability for success of a business idea within the today…

 Task:

You are required to write  business plan which will provide direction and increase the probability for success of a business idea within the today contemporary and very competitive market.

The business plan should include at least the following contents / elements:

Part I –

Company overview

o Mission statement – the purpose of the business

o Vision statement – what the business desires to achieve in the long run

o Business Core Values – the operating philosophy and principles that will guide the intern al business conduct as well its relationship with its customers and partners

Part II –

Objectives – Specific, Measurable and Motivational, Attainable, Realistic, Time Bound

Products

Customers – consumer behavior and customers of the industry Industry and market analysis

o Industry

o PESTLE – Political, Economic, Social, Technological, Legal,

Environmental conditions and trends (specify those they are

opportunities or threats)

o Customer

o Competition – direct and indirect competitors, market share, strengths and weaknesses

Internal business strengths and weaknesses

Part III –

Business differentiation – how it will be achieved and perceived by customers

Competitive advantage – reasons for which customers will choose your

business as opposed to other alternatives

Marketing Strategy

o Target markets strategy

o Marketing mix

  ! Product   

  ! Price   

  ! Promotion and advertising   

  ! Placement – distribution system    

Sales strategy

o Sales monthly forecasting – 2 years period

Part IV –

Operations Strategy

o Business operations model

o Buildings, Equipment, Technology, Cars,

o Processes – i.e. Imports, Purchases, Production, Marketing, Sales, Warehouse, Accounting, Human Resource

Management

Organizational structure

o Internal employees and external associates (outsourcing)

Part V –

Financial 2 year projected budgets

o Financial model (own capital, loans, external shareholders) – chart o Administrative & Operating expenses – chart

o Selling expenses- chart

o Financial expenses – chart

o Break Even Point Analysis (sales amount, sales units, and period point)

o Cash flow management

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