Assessment
of risk. Identifies potential hazards and alternative strategies to
meet business plan goals and objectives.
Business
plan. Written document describing all relevant internal and external
elements and strategies for starting a new venture.
Description
of venture. Provides complete overview of product(s), services, and
operations of new venture.
Environmental
analysis. Assessment of external uncontrollable variables that may
impact the business plan.
Financial
plan. Projections of key financial data that determine economic
feasibility and necessary financial investment commitment.
Industry
analysis. Reviews industry tends and competitive strategies.
Internet.
Computer on-line service providing important sources of information for
starting a new venture.
Marketing
plan. Describes market conditions and strategy related to how
products and services will be distributed, priced, and promoted.
Organization
plan. Describes form of ownership and lines of authority and
responsibility of members of new venture.
Production
plan. Details how product(s) will be manufactured.
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