of money invested by financiers. You May Also Find These Documents Helpful business plan Essay.concerning the purpose and content of business plans, supervisor: Paul Grant A business plan is so important in the business environment especially for a start-up business that normally needs to persuade third party for more money. Course Requirement Research Method 1 amp; 2/ Business Plan 1 amp; 2 are major requirements in the following courses:.
Social/cultural factors- this involves a close analysis of society. What problem does it solve, what unmet need does it fill, or what opportunity does it take advantage of? The usefulness and quality of the business model. Technological factors-in marketing goods and services, organisations must be aware of new materials as well as developments in manufacturing and business processes. Good relationship with customer * Good management team, weaknesses- * Operates on a small scale * Regular cash-flow problems * Deals in a limited market. Influences might include: * Inflation * Unemployment * Energy prices * Price volatility, inflation would cause immense financial damage to my company, as if the money slowly becomes worthless, then my company would not be bringing in any money-thus not making any financial gain. Products and Service what products and services will the business be selling? Special consideration will be given to the source of your information and the appropriate acknowledgements. Any outside investor prepared to take the risk in loaning you money needs to be convinced that the business has a good chance of being successful and they have a more than average chance of recovering their money with interest. How does it work?
Business plan - Wikipedia
Evaluation, criteria, business, plan, competition
Business plan, criteria, essay - 1614 Words