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Report On Business Plan For Green Concept Company

   

Added on  2019-09-27

9 Pages2225 Words145 Views
Running Head: REFLECTIVE REPORTReflective ReportGreen Concept Company Ltd.Student Name: Student ID: Course Name: Course ID:Faculty Name: University Name:
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REFLECTIVE REPORT1Table of ContentsIntroduction......................................................................................................................................2Summary of Group’s Business Idea................................................................................................2Process of Idea Initiation.................................................................................................................2Team Work......................................................................................................................................2Presentation Experience...................................................................................................................2Alternative Scenario........................................................................................................................2Conclusion.......................................................................................................................................2References........................................................................................................................................2
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REFLECTIVE REPORT2IntroductionThis is reflective report on the business plan developed for the Green Concept Company. The report is concerned with sharing my experience at different stages of business plan development. The first section of the reflection report summarizes the overall context of the business plan including the features of the business idea and how it was developed. The next section is based on the process of ideation which details on how I came up with the idea and the possible alternatives. The section on Team Work details on the various contributions made by team members and the way I contributed to the team. The section on presentation experience brings out my experience regarding presenting the business plan to the panel and the things I learned from that. The section on alternative scenario takes a critical look on the alternative scenarios of the predictions made in the business plan. Summary of Group’s Business IdeaThe researchers have identified that there are some key aspects of business plan that should be init to make it a success. The first aspect is regarding the fitment of the plan according to the business need (Simon-Moya & Revuelto-Taboada, 2016). As per our business plan is concerned with fulfilling the need of the healthy food market and which is the need of the hour as the customers are orienting towards such food habits. The second important aspect that has been identified is the presence of realism in the business plan (Barringer, 2012). The business plan should be realistic and should have the capability of being implemented. There is no point in developing world class business plan that cannot be implemented. The current business plan is implementable to some extent, provided the partners (six owners) are willing to invest
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