Project #40857 - Business Plan

Task

Develop a start-up plan for a new private practice you might set up in your profession once qualified. Specifically you need to address the following issues:

1.     Describe the business and its products or services, including its proposed name, location, hours of opening, type of business structure – eg sole trader, partnership, company - and any registration requirements.

2.     Explain why you have decided on your particular business structure and why you have chosen the proposed location.

3.     Provide evidence of potential demand for your business. Identify the size and composition of the target market for the business services – ie what age group are your services going to target, predominantly male or female etc?

4.     Identify two existing competitors of your proposed business and discuss any competitive advantages or disadvantages of your business in relation to these competitors.

5.     Discuss the marketing plan to be used for this business.

Criteria

You will be assessed on the following:

·       Proof reading, writing clearly and in an appropriate formal style for an academic report.

·       Use of APA and correct citing of sources with page reference for quotes.

·      Use of report format.

·       Demonstrated understanding of the pros and cons of setting up a business based on a good idea, with clear articulation of objectives.

·       Convincing business case.

·       Understanding of target market for the business services and competitors.

·       Quality and depth of analysis for the marketing plan.

Subject Business
Due By (Pacific Time) 09/26/2014 12:00 am
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