logo

MGT 6110 : Entrepreneurial Process

   

Added on  2020-05-03

19 Pages4965 Words114 Views
Running Header: Entrepreneurship Entrepreneurship Authors ID:Authors Name:
MGT 6110 : Entrepreneurial Process_1
EntrepreneurshipExecutive SummaryIn the below presented analysis the business plan of Herbal company has been presented. Themain objective of the development of the business plan is to establish the market for the newproduct of the entity that is the painkiller which has been manufactured for curing the disease ofcancer. The business plan comprises of various segments which are the most integral apart of theplan and also significant for the firm. The first part involves the description of the company andthe product. This offers a brief view over the product and the entity. The next segment consistsof the statement of resilience which is the key performance measures and the market analysis.The next is the marketing activities executed for developing the market for the entity. The nes=xtare the operations which forms the core functionalities within the organizational structure.Further analysis comprise of the legal aspects and the statements which are required to befollowed by the entity. The next part demonstrates the organizational and the legal structure ofthe enterprise. Moreover, the further part includes the financial statement or the budget whichhas been pre-determined and also a critical analysis over the risk which can be faced by theentity. The end part of the business consists of the exit strategy which can be considered as theback-up plan for the entity. And last are the timelines and the deadlines which are set-up for thecompletion of the business.
MGT 6110 : Entrepreneurial Process_2
EntrepreneurshipContentsIntroduction.................................................................................................................................................4Business description....................................................................................................................................4Statement of resilience................................................................................................................................5Key performance measures......................................................................................................................5Market analysis........................................................................................................................................5Marketing....................................................................................................................................................6Target market..........................................................................................................................................6Market size..............................................................................................................................................6Competitive analysis...............................................................................................................................7Estimated market share............................................................................................................................7Operations...................................................................................................................................................8Location of business................................................................................................................................8Advantages of location............................................................................................................................8Zoning issues...........................................................................................................................................9Operations...................................................................................................................................................9Tax implications......................................................................................................................................9Transportation and logistics analysis.......................................................................................................9Legislations/compliance............................................................................................................................10Management..............................................................................................................................................10Profiles of key management..................................................................................................................10Legal structure of the entity...................................................................................................................11Financials..................................................................................................................................................11Critical risk analysis..................................................................................................................................12Identification of problems and mitigation strategies..............................................................................12Environmental risk................................................................................................................................13Exit strategy...............................................................................................................................................13Plans for investors to exit the business within their timeframes............................................................13Plans for transferring asset at point of exit.............................................................................................13Continuity of business strategy..............................................................................................................13
MGT 6110 : Entrepreneurial Process_3
EntrepreneurshipIdentification of successors....................................................................................................................13Project plan/Timeline................................................................................................................................14Statement of objectives..........................................................................................................................14Project timing plan................................................................................................................................14Deadlines and milestones......................................................................................................................15Conclusion.................................................................................................................................................15References.................................................................................................................................................15
MGT 6110 : Entrepreneurial Process_4

End of preview

Want to access all the pages? Upload your documents or become a member.

Related Documents
MKTM033 Risks Factors and Mediation (Strategic Options)
|32
|5764
|101

Business Plan for Nerd Patrol: Computer and Networking Service Provider
|20
|6260
|354

Financial Reporting Practices | Qantas Airways
|26
|4981
|367

Entrepreneurship: Business Plan for Atlassian in Sydney
|21
|3747
|483

Innnovation and Entrepreneurship | PDF
|22
|4261
|17

Air Caf Bus Sdn Bhd TABLE OF CONTENTS
|162
|31909
|158