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Jan 29, 2022

You are required to draw up a proposed Business Plan for a potential business, in your report please include the following:

  • Identify the aims, objectives, and the unique selling point of the proposed
  • Clearly identify the strengths of the proposed business.
  • Identify and justify the trading status. Recognize the requirements of the relevant legislation in relation to the trading status that applies to your proposed business.
  • Examine the roles and responsibilities of personnel.
  • Identify the target market and its requirements.
  • Clearly identify skills requirements for the operation of the business.
  • Recognize the need for external advisors/agencies.8. Identify the relevant employment legislation to be met by the business
  • Research and calculate the costs of acquiring and managing the Business.
  • Clearly identify the equipment, tools, and materials required by the Business.
  • Evaluate supplier choice relating to the business.
  • Identify relevant sources of finance.
  • Produce financial forecasts for the business.
  • Determine the customer service/ quality control policies of the business.
  • Produce a plan for effective marketing/sales.
  • Explain the process of establishing a working relationship with professional bodies agencies using primary research.
  • Presentation of Business Plan

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