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Business plan – RoyalCustomEssays

Business plan

Deadliest-Diseases
September 11, 2018
Human psychology/Sociology
September 11, 2018

post has two assignments

1: Entrepreneurship

1. Business Plan – approximately 1,500 words; accompanied by

2. Funding Requirements of your enterprise – approximately 500 words.

Part 1: Business Plan

The business plan you will produce is a document that could be presented to a potential investor. It should include the following:
? Summary of the purpose and uniqueness of the business
? Description and explanation (including evidence) of the market opportunity, the gap in the market that the business fills and the customer need.
? Description and explanation of the products and/or services the business will offer (including the innovation the business brings to the market) to meet the customer needs/solve the customer problem(s).
? Description and explanation of the sales and marketing strategy and activities, plus any role played by the brand to enable the business to attract and retain customers.
? Detailed competitor analysis and a clear description and explanation of the competitive advantage(s) of the business.
? Description and explanation of operational structure and choices.
? A profit and loss summary – incorporating a sales forecast and details of costs for the first year of operation.
? Cash flow forecast for year 1.
NB: The financial tables or spreadsheets you create will NOT be included in the word count limit.
However, your written explanation of the key figures (and what is causing them) should be included in the main report and will be included in the word count limit.

Part 2: Funding Requirements (approximately 500 words, 30 marks)

Funding can often be perceived by the novice as an obstacle or even a reason not to pursue a great business idea. However, there are numerous and various options for raising start-up capital for a new venture, which can also be an important part of the opportunity.

provide answers to the following questions:
1. Identify and describe the various specific sources of finance that are available to any new enterprise from debt and equity sources. Explain the specific advantages and disadvantages of two debt sources and two equity sources.

2. From the options identified in part 1 above, select the sources of funding that you consider to be the optimum choice(s) for funding your venture. You should name the specific commercial banks (e.g. Lloyds, Santander, Barclays), venture capital funds, business angels, grant institutions, etc. (where possible) that the business intends to use.
Please explain your rationale for why these specific sources of funding are the best ones for your business venture.

3. explain how the investment capital will be used and why it will be used in these particular ways. Use some specific examples in your explanation, e.g. refurbishment of premises, advertising costs, web site development, new product development costs, etc.

(Again, there should be commercial logic behind your choices).
IMPORTANT: the funding for the set-up of your business MUST include at least one source of external debt or equity finance.

(Although personal savings and/or family and friends funding may be included as part of your plans for setup and launch, they cannot be the sole source of funding).

Extra Notes

My business plan will be about audio and visual and providing these services to clients. Services will include things like cinematic lighting, led screens, displays, projections, audio hire, and backdrops. Targeting people in the audiovisual and wedding and venue industry.

2: Animal Behavior and Wildlife Conservation

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study animal behavior and wild life conservation. passion is animals done volunteer work in animal shelters in Bulgaria.

Animal Behavior

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