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3000 words (+/- 10%)Written ReportIt is now time to take the planning of your new venture to the next step: update your canvas with new developments since you last submitted it and write a business
3000 words (+/- 10%)
Written Report
It is now time to take the planning of your new venture to the next step: update your canvas with new developments since you last submitted it and write a business plan accordingly. There is no requirement to address everything that might conceivably be included in a business plan, however, the report should include the following key aspects:
- Explain how you identified and screened your opportunity.
- Identify the key elements that could lead to an early breakeven point and those that could delay it. You are not required to do a cash flow analysis, but you need to demonstrate that you understand its basics.
- Detail the financing requirements of your venture including both debt and equity, and the source of the funds. Compare two options and justify your choice.
- Evaluate two or three challenges of fast growth you could encounter and how you could avoid them.
- Assess two options for harvesting, choose one and justify.
NB ....minimal 12 references