Question Description
Idea:
It is a project in the Sultanate of Oman. The project that was chosen is Fly with Us (Skydiving). And should talk about the project in cost, what I will do…. etc. Also make a business plan.
Also are there any competitors on the market and who is the target customer.
Task:
You intend to start a business by raising a bank loan. The bank requires you to submit a business plan including the following aspects:
1. Executive Summary: Should provide an overview and key issues of the business.
2. Business Concept: Which includes a description of the business, distinct competencies, product/ service description and company’s value proposition.
3. Industry Analysis: Which includes industry study, environmental and competitor analysis, the target market analysis, and SWOT analysis.
4. Marketing and Sales: Should include products & services, pricing, promotions and distribution plan.
5. Operational & Management Plans: Which comprises human resources, management team, prospective suppliers, Inventory, etc.
6. Financial Plans: Highlighting the sources of capital including loans and other funding options.
7. Financial Statements: Specifying the details of sales forecast, projected cash flows, breakeven analysis and ROI.
8. Appendices: Supporting documents.
Note: Attention should be paid to effective layout focusing on the headings and subsections in the business plan along with care for grammar and punctuation.
*** Words count = 3400 words.
*** In-Text Citations and References using Harvard style.
*** I’ve uploaded an explanation in details in word file named “How to Write a Business Plan”.