What is the Core Business and What are the Products and Services you will Provide - Management Assignment Help

Assignment Task

Business Plan

What is the core business and what are the products and services you will provide: [Briefly, what is the main thing your business does?]

Business Location: [Describe the space you will conduct the business. Is it a mobile business, physical shop/office or online business? Where is this in relation to landmarks/main areas? Where are you in relation to other shops/competitors?]

Description of the owner/s experience/qualifications in the chosen or relevant industry: [How long have you been in the industry? Why are you well suited to this industry? Do you have experience of running a business? what experience/expertise can you bring? What transferrable skills can you bring? How will these skills help you with this business? What are your connections to Australia i.e. family in Australia, business, commitments?]

Role of the owner/s in the business and any other Key Personnel [There are many elements to running a business, included but not limited to marketing, sales, accounting, administration and operations. Who is going to be responsible for these?]:

The Market:
Target market: [Who are you selling to? Where are they? Tell us about the demographic of your target market e.g. age, ethnic community, occupational background, socio-economic background?]

Size of the market: [How large is the area you intend to trade? How many people will you market to?]

Market Position: [Where do your products/services fit in the market? Are they high-end, mid-range or low-end?]

Competition: [Who are your key competitors?? What is their size, location, price, quality, strengths &/or weaknesses?]

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