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Report on Business Idea of an Entrepreneurial Group

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Added on  2020-05-16

Report on Business Idea of an Entrepreneurial Group

   Added on 2020-05-16

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Entrepreneurship
Report on Business Idea of an Entrepreneurial Group_1
Entrepreneurship 1Executive summaryThe report is prepared with the motive of presenting a business idea of an entrepreneurial group and the presented business idea is Laundry business. The report shows the brief description of the new business Laundry sphere. The meaning of the company name is the Laundry planet where the customer can get all the services related to the laundry at the single place. The report reflects the true picture of the company in terms of, its mission and its strategies and the financialplan of the company. These strategies will help the company to make the maximum revenue and achieve growth.
Report on Business Idea of an Entrepreneurial Group_2
Entrepreneurship 2ContentsExecutive summary.........................................................................................................................1Introduction......................................................................................................................................4Background of idea..........................................................................................................................5Logo of the company...................................................................................................................5Mission of Laundry Sphere.........................................................................................................5Service Offering...............................................................................................................................5Market analysis................................................................................................................................6Industry analysis..........................................................................................................................6Competition analysis...................................................................................................................7Target market...................................................................................................................................7Primary Target Market................................................................................................................8Marketing mix.................................................................................................................................8Product.........................................................................................................................................8Price.............................................................................................................................................9Place.............................................................................................................................................9Promotion..................................................................................................................................10Financial Plan................................................................................................................................11Profit & loss statement...............................................................................................................11Balance sheet.............................................................................................................................13
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Entrepreneurship 3Cash flow statement...................................................................................................................14Critical risks...................................................................................................................................15Entry in the market....................................................................................................................15Brand recognition......................................................................................................................15Conclusion.....................................................................................................................................16References......................................................................................................................................17
Report on Business Idea of an Entrepreneurial Group_4

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