Establishment of Start Up Business

Establishment of Start Up
Business
Name of the student:
ID of the student:

Introduction
• The paper mainly reflects on the estabilishment of a
new business
• The business will generally engage in selling
customized products including t-shirts, shirts as well as
mobile mugs
• In addition to this, the business will also implement a
website for reaching to the clients easily
• The project of a new business establishment will get
completed in 63 days.

Project goal
• The main goal of the project is to establish a new
business of various types customized products
including the mugs, t-shirts as well as mobile
covers.
• Additionally, the business also aims to set up a new
website in the business of the organization so that
they can be able to reach to the customers easily.

Key assumptions/constraints
Assumptions
• The business establishment will get done in 63 days
• The utilized budget for establishing new business will be
around $100,000
• The team members will get successfully involved within
project for accomplishing the objectives
Constraints
• The utilization of inappropriate risk management tools does
not determine the risks properly that would further impact
the project negatively
• The business should be established within 63 days
otherwise the project will face delays that will further
increase the budget of the organization