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Promotional Activities for Construction Business

   

Added on  2022-12-09

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BUSINESS PLAN
Promotional Activities for Construction Business_1

TABLE OF CONTENTS
TABLE OF CONTENTS................................................................................................................2
INTRODUCTION...........................................................................................................................1
THE RANGE OF RESOURCES THAT WILL BE REQUIRED TO LAUNCH A NEW
VENTURE.......................................................................................................................................1
Defining the idea and the target customer...................................................................................1
Specific tangible and intangible resources that would be required by your chosen organisation
for the launch of a new venture...................................................................................................2
A credible proposal to launch a new venture in your chosen organisation.................................3
THE SKILLS AND CAPABILITIES REQUIRED TO LAUNCH A NEW VENTURE AND
HOW THEY ARE ACQUIRED OR DEVELOPED......................................................................4
Promotional activities..................................................................................................................5
Promotional activity plan for launch and pre launch...................................................................6
Cash budget for the pre launch of the business...........................................................................9
The appropriate legal form for the venture starting.....................................................................9
CONCLUSION..............................................................................................................................10
REFERENCES..............................................................................................................................12
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INTRODUCTION
A business report is essential to bring forth the strategies of the business that are put forth in the
organisation. A plan will amend the things that are to be performed and will stand as a unique
entity and that will stand to be a prosperous work of art which an organisation maintain. There
are ventures that are usually involved into businesses that are in a hustle to move ahead with the
growth prospect. This entire report will identify the onset of these factors and how far the
organisation can amend things to incorporate the actions. The organisation that is taken in this
regard is Wolfe Brothers Construction. This organisation is a veteran owned one with 25 years
of experience in the field of services related to construction. The report puts forth all the entities
of the organisation.
THE RANGE OF RESOURCES THAT WILL BE REQUIRED TO
LAUNCH A NEW VENTURE
Defining the idea and the target customer
A business venture is something that will bring about the entrepreneur ideas into existence. It is
necessary that there are different things that are to be cope up with every organisation and that is
a million dollar dream for all the organisations (Anwar and et.al, 2018). A business venture will
bring about all the creations into existence. A good business venture will be like the one that will
draw different opportunities and the potential of earning for every organisation as a people that
are dealing where will therefore be high. These opportunities will make the passion of
organisation to come true in the world full of challenges. This will also give a lot of flexibility to
accomplish the task. There are a set of different great business ideas that will help an individual
or an entrepreneur your to start was completely from the scrap. All the there are different
ventures that will lead to enterprises only thing that is meant to end compass is to learn different
things as well as to learn the market. On creating successful start towards the business venture
then every favouring aspect will fall in the way (Anwar and et.al, 2018). When it comes to
investors the right motivational prospects will probably deal with how far the organisation is
inculcating all the challenges that are taking place in and around the field of its operation. The
venture builders are probably involved in producing new companies which are necessary to
inculcate the growth prospects of the company's. There are the set of activities that are being
performed by the venture builders and they are identifying business ideas building teams finding
capital helping governing manage the venture and providing shared services. All these are
1
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regarded to be those initial set of ideas that are being acquired by venture builders such that their
methodology will reflect in providing different talents that are required to build a venture (Tetteh
and et.al, 2019). These five ideas will be cloned into the model that our existing such that the
development with regard to research products as well as the exploration of Ideas will therefore
be committed. It is necessary to form into teams such that the background work and therefore be
provided and identified clearly on acquisition policies which are required for ventures to be
established. Capital is a must in order to facilitate the access that are to be given to polling ideas.
Everything lies and how far the organisation is being able to tackle with its investors and that is
where the entire essence of dealing with formulations life. There are different stages of venture
that venture builders usually focus upon. They include innovation, incubation and
commercialization to stop the methodologies are to explore the industry in which the
organisation as operating (Tetteh and et.al, 2019). It is necessary to identify the previous phase of
the organisation such that the areas of growth can therefore be identified and execution plans can
be put forth.
Specific tangible and intangible resources that would be required by your chosen organisation for
the launch of a new venture
The tangible Assets of the organisation are those that has a chance of getting represented on the
company's dashboard. It is necessary to identify the economic benefits with regard to the
organisation such that the tangible assets will act as the distribution of goods and the provision of
services that are being captured by the organisation will therefore be tangible assets. There are
different tangible assets and a few examples are buildings machines and many other treatments
that are on the accountability of perspective. The purpose of tangible assets will vary with regard
to the organisational policies. The organisation will be on the operation of different set of
objectives and goals and the products and services that are being tackled by it will therefore be
the collateral means. The tangible as well as the intangible services or the goods are referred to
be the economy generators with regard to the company's growth prospect. The intangible assets
are those that are focused on business highlights (Jin and et.al, 2019). The intangible assets like
those of patent, trademark and other copyrights are defined to be the set of activities that are
being used by the organisation such that any other organisation that is misleading the rights or
the legal entities that are to be followed will therefore be identified. It is necessary that the
organisation will have to tackle with the patent rights since there will be a threat of substitute
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