Research the market sector in which the business venture operates and produce a business plan to deliver a critical evaluation of the business environment, the resources required and the strategy you have chosen to support business growth.

Business plan for Dog walking business in Bristol

Description

Research the market sector in which the business venture operates and produce a business plan to deliver a critical evaluation of the business environment, the resources required and the strategy you have chosen to support business growth.

The plan must identify opportunities for uniqueness and suggest how this will support the business venture in gaining competitive advantage within the sector. The report must use detailed and referenced analytical models, appropriate to the business venture.

The business plan must cover the activities listed below.

*Carry out detailed research to provide you with up-to-date information appropriate to delivering a strategic level investigation on the business venture. The research information should enable you to carry out a critical evaluation of the business’s environment providing information to support decisions appropriate to the success of the venture. The analysis will include identifying areas of risk appropriate to the business sector the venture will operate in.

*The business plan must review the theory of entrepreneurship and include an evaluation of the research associated with the skills and qualities of an entrepreneur necessary for a business venture to succeed. The plan will incorporate an appraisal of how these needs will be addressed in your business venture.

*Demonstrate critical understanding of how project management, financial management, decision making models theory and apply to the development of the business venture.

*Deliver a critical appraisal of the business venture’s planned development in relation to the business industry/sector it is to operate in.

*Identify the strategy to be applied to the business venture and evaluate the key considerations and risks associated with the strategy, as applied to your business venture.

Format of the report

*Introduction

*Market environment

*Project management and decision making

*Managing the business venture

*Financing the venture

*Strategy for the business venture

*Conclusion

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