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Business Development Plan

   

Added on  2023-01-11

12 Pages3041 Words77 Views
Business
Development Plan

Table of Contents
INTRODUCTION...........................................................................................................................3
Customer value proposition canvas.................................................................................................3
Business Canvas Model...................................................................................................................6
C level specialist- CEO (Chief Executive Officer)..........................................................................8
Financial and Financing Plan.........................................................................................................10
Summary........................................................................................................................................11
CONCLUSION..............................................................................................................................11
REFERENCES..............................................................................................................................12

INTRODUCTION
Entrepreneur can be referred to as a person who is responsible for setup of a new venture
by undertaking risks and cherishing the gains. They are regarded as the ones who hold the
responsibility to organise, run and manage the activities of business. Before starting a business,
entrepreneurs research the market and find out social and economic issues that possess the
potential to be addressed as well as resolved. It is then that the entrepreneur undergoes rigorous
thinking to come up with potential solutions that can take into account such issues and assist in
resolving them in an effective manner. This leads to the development of entrepreneurial venture
with a view to ensure the welfare and well being of people. In this regard, Business development
plan can be identified as the procedure of improvising the skill set and existing knowledge base
of entrepreneur through training and classroom programmes. The basic reason behind facilitation
this is that entrepreneurship is a concept which provides boost to the overall economy of a
nation.
The following project is conducted to gain comprehensibility of the various aspects
associated with development of a venture. The idea that has been proposed by the entrepreneur is
launching a vegetarian food outlet which would not be providing any kind of un or junk food. It
would be started under the name of “HELP 4YOU WHEELCHAIRS – .” This venture is being
developed to resolve the issues faced by society which are restricting it from sustaining a .
These issues are regarded to be obese, diabetes and other health problems which are linked to
consumption of un food materials. 28.7% individuals within the confines of England are
affected by Obese whereas a total of 35.6% are found to be overweight. This reflects the un food
choices made by people and its harmful impacts. In this relation, it can be inferred that the
proposed idea will provide customers with a scope to enhance their eating habits and thereby
establish a style. To attain significant rate of return and adequate cash flows, the new venture
would appeal to various customer segments ranging from Asian, East European, and Chinese to
Britons.
Customer value proposition canvas
Customer Value Proposition Canvas can be referred to as an effectual tool that is undertaken into
use by entrepreneurs across the globe in order to make sure that the offerings of the new venture
are effectively positioned among the people. This helps the venture to address and meet their

needs in a timely manner. In other words, it can be stipulated that this is a model which provides
assistance to startups in appealing to customers in an effective manner by offering them products
and services that have the capability to disrupt the market place and fulfill the growing needs of
people. It is categorized into 2 sections, namely, customer and product. The product section
consists of elements such as products and services, gain creators and pain relievers. On the other
hand, it is recognized that customer section of this model is composed of elements such as gains,
pains and customer jobs.
Now, it is inferred that HELP 4YOU WHEELCHAIRS would be in market place in
future course of time and thus it becomes essential for the entrepreneur to make use of this model
to identify the key attractions and shortcomings of the venture. This would aid the entity in
ensuring that their eatery offerings are extensively placed among the customers to inflate their
gains and incomes. Looking on this, HELP 4YOU WHEELCHAIRS is making use of Value
Proposition Canvas to ensure that the venture is able to establish an extensive brand image at
market place.
Figure 1: Value Proposition Canvas
(Source: Value Proposition Canvas, 2019)

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