Hi, herr are the details of the assignment. I am attaching the score template. I am also attaching a sample assignment which is done by my friend. Brief Description Students will open their own buisne

Hi, herr are the details of the assignment.

The assignment is of 15 pages.

I am attaching the score template.

I am also attaching a sample assignment which is done by my friend.

Brief Description

Students will open their own buisness for this assignment. It may be of restaurant or any other company. They will name their company and then they will develop a business model which is a firm’s plan for how it competes in the market. A business model is a company's core profit-making plan which defines the products or services it will sell, its target market, and any expected costs.

Submission Instructions

1. Product or Service description that details the features of the product or service.

2. Target Market description listing the consumers or businesses who are expected to buy the product or service.

3. Identify the benefits or value of the products or service and how this will add value or solve a problem.

4. Identify the management team you will assemble

5. Complete the Competitor Data Collection Plan identifying the major competitors and the Competitive Analysis Worksheet found on pages 14 & 15 of the Score Business Plan Template (Score Template)

6. When you have completed these worksheets, step back and evaluate the data you compiled. This should clearly tell a story about how your offering is different from the competition. Prepare a document where you draw conclusions based on the Market and Industry Analysis that you have just done.

7. Describe succinctly what the opportunity is and make a compelling case for you business including these points:

o Why have you chosen the particular entry point to start your venture?

o What is a compelling need for your product/service?

o Is a real problem being solved?

o What indicates you will be able to compete successfully in the industry?