Craft a Business Plan for start-up “Magic Caffe Shop” located in high street Bromley, Kent (UK)
Please read all this paper and precisely follow the below request list. (All words in blue colour, provide link to sources)
1100 words, Calibri style, font 11, line spacing 1.5
Task
- Imagine that you are setting up a small business in London (in any sector). You have some funds, but you need another £20,000. Your local Entrepreneurs’ Network has just announced a Dragon’s Den type of competition.
- They are requiring that participants develop a business model for their new small business venture using the Business Model Canvas (i.e. a strategic management template used for developing new business models and documenting existing ones).
- Provide Tables and Charts consistently.
Recommended structure
Executive summary:
Company background, Market opportunities and risks, Management overviews, Competitive advantages, Financial highlights.
Business description and structure
- Why you are in business?
- What are you selling?
- If you sell products, describe your manufacturing process, availability of materials, how you handle inventory and fulfilment, and other operational details.
- If you provide services, describe them and their value proposition to customers.
Business description and structure
- include other details such as strategic relationships, administrative issues, intellectual property you may own, expenses, and the legal structure of your company.
- Use Business Model Canvasto organise content for your business plan.
Market research and strategies
• Present your market analysis (example see fig 1)
Your marketing strategy
• Including sales forecasts
• Deadlines and milestones
• Advertising,
• Public relations and how you stack up against your competition
What is Milestone Planning?
Fig 1
Competition
• Provide details about your competition with citations and references
Sales forecasts
Craft a Business Plan for start-up “Magic Caffe Shop” located in high street Bromley, Kent (UK)
Please read all this paper and precisely follow the below request list. (All words in blue colour, provide link to sources)
1100 words, Calibri style, font 11, line spacing 1.5
Task
- Imagine that you are setting up a small business in London (in any sector). You have some funds, but you need another £20,000. Your local Entrepreneurs’ Network has just announced a Dragon’s Den type of competition.
- They are requiring that participants develop a business model for their new small business venture using the Business Model Canvas (i.e. a strategic management template used for developing new business models and documenting existing ones).
- Provide Tables and Charts consistently.
Recommended structure
Executive summary:
Company background, Market opportunities and risks, Management overviews, Competitive advantages, Financial highlights.
Business description and structure
- Why you are in business?
- What are you selling?
- If you sell products, describe your manufacturing process, availability of materials, how you handle inventory and fulfilment, and other operational details.
- If you provide services, describe them and their value proposition to customers.
Business description and structure
- include other details such as strategic relationships, administrative issues, intellectual property you may own, expenses, and the legal structure of your company.
- Use Business Model Canvasto organise content for your business plan.
Market research and strategies
• Present your market analysis (example see fig 1)
Your marketing strategy
• Including sales forecasts
• Deadlines and milestones
• Advertising,
• Public relations and how you stack up against your competition
What is Milestone Planning?
Financial documents
- Include conservative projections of your profit and loss statements
- Balance sheet, and cash flow statements for the next three years.
- Make sure to provide discussion points under each financial document.
- Remember, these are forward-looking projections, not your current accounting outputs.
- Also remember investors will be requiring some detailed explanations behind your financial documents.
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