creating a business and a business plan



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Dear top assignments provider,
Here I have is a literature review paper which is to be written for a master’s degree doing a MBA. Below is the question;

Objective of the Assignment
This final assessment is the overall plan and outcome of the group work undertaken and presented in Assessement 3A. The business plan will apply the models, concepts and knowledge gained from this subject in participating in a planning exercise for a new business opportunity or venture.
For example, a report that focuses on a new business and is aimed at venture capital will need to look in more detail at the industry the business will be operating within and justify that that new venture has the capabilities to both create and capture value from that industry.
Figures, graphs and models are important as they provide white space to break up text and summarize or visually illustrate key points. If the new venture is a joint partnership then you need to explain how the combination of both parties will produce that capability. If a new venture is within with an established company then you need to explain how this new venture builds on the capabilities that the company already possesses. This approach will apply for an innovation that is more a business model than a product, service or process innovation.
A report that is more a product, service or process innovation and is a new venture within an existing industry may look in more detail at the existing capabilities of the hosting firm and its competitors. If you are writing about a new business entity then a Porters analysis is appropriate. A SWOT analysis is useful if you are in an existing company otherwise the value curve and ERRC will cover the same points more meaningfully. It is important the value curve and the ERRC analysis relate to a common set of factors of competition. The Business Canvas Model will help you to consider and analyze the key elements of a scalable and repeatable business model. These tools and analyses should demonstrate an underlying consistency.
A business report format needs to be used for this assessment. This will require all sections to be numbered and all tables and figures to be labeled according to Harvard Referencing Styles. A numbered section should have more than one paragraph, please do not use too many dot points and instead combine headings if sections are too small. Some sections do not require a lot of detail.

Brief info about the company we have made up and the type of product were selling;
Prorich is a small business In Australia which has 4 business owners who will be working into the company as employees. Ive attached a powerpoint with a overview of the company and some additional information below.
We will rent out a kitchen facility in a restaurant after hours which we will be producing our product. Also we will be branding, packaging on the same site and logistics will be handled by us too.
We are developing fresh, healthy, pre packaged, protein rich meals with an extended shelf life

To help gym members, busy individuals and working families

To provide healthy, quick meals that are easily accessible and are quick to prepare

With kitchen facility with distribution/packaging centre and minimal chilled storage, transport logistics partner (uber?), POS storage/distribution (vending machines), partnerships with retailers, gyms

Now the sections I need to answer are;
o The Business Concept
? This is a brief overview of your minimum viable product (MVP) and what you are trying to achieve and the benefits you think it will produce.
? What is the purpose of this plan and what are you asking for?
? What type of start up are you trying to establish? What is your business model (effective use of the Business Canvas Model)? (A Business Model Canvas will be needed to be created and link to the ERRC as in the powerpoint)
o ERRC Analysis.

? The eliminate, reduce, raise and create dimensions of the ERRC analysis need to be consistent with what was discussed in the opportunity especially the day in the life and the factors of competition that appear on the value canvas.

o Strategy Canvas
? The factors of competition need to be clear and the level of offering justified as much as possible.
? The factors of competition need to be consistent with what was discussed in the business opportunity especially the day in the life. The factors need to be defined and this can be done in the assessment of the competitors. These competitors appear on the value canvas. The focus of the value canvas is what the customer perceives as the factors of competition and how true the offering is. That is why one axis is offering high-low and the other is factors of competition.

o Conclusion/Summary
? Summarise the key points about what makes this business attractive and how you can assure investors it will be successful
? Why, and to what extent, will this innovation or new business venture add value to the organization, the sector, the industry or society that implements and supports it if the proposition is aimed at an existing organization or other investors/venture capitalists, banks etc.?

Points to consider;
• Please include up to 12 references with at least 5 to 6 journal articles if possible and the rest a mix of websites, books, etc
• A business model canvas will be needed to be created and shown in the document with the findings
• Graphs and tables are allowed also if possible
• The word limit is 1750 words
• Harvard referencing is required
• Time to complete the assignment is 4 days please.

Kind regards

Dear top assignments provider,

Here I have is a literature review paper which is to be written for a master’s degree doing a MBA. Below is the question;

 

Objective of the Assignment

This final assessment is the overall plan and outcome of the group work undertaken and presented in Assessement 3A.  The business plan will apply the models, concepts and knowledge gained from this subject in participating in a planning exercise for a new business opportunity or venture.

For example, a report that focuses on a new business and is aimed at venture capital will need to look in more detail at the industry the business will be operating within and justify that that new venture has the capabilities to both create and capture value from that industry.

Figures, graphs and models are important as they provide white space to break up text and summarize or visually illustrate key points. If the new venture is a joint partnership then you need to explain how the combination of both parties will produce that capability. If a new venture is within with an established company then you need to explain how this new venture builds on the capabilities that the company already possesses. This approach will apply for an innovation that is more a business model than a product, service or process innovation.

A report that is more a product, service or process innovation and is a new venture within an existing industry may look in more detail at the existing capabilities of the hosting firm and its competitors. If you are writing about a new business entity then a Porters analysis is appropriate. A SWOT analysis is useful if you are in an existing company otherwise the value curve and ERRC will cover the same points more meaningfully. It is important the value curve and the ERRC analysis relate to a common set of factors of competition. The Business Canvas Model will help you to consider and analyze the key elements of a scalable and repeatable business model. These tools and analyses should demonstrate an underlying consistency.

A business report format needs to be used for this assessment. This will require all sections to be numbered and all tables and figures to be labeled according to Harvard Referencing Styles. A numbered section should have more than one paragraph, please do not use too many dot points and instead combine headings if sections are too small. Some sections do not require a lot of detail.

 

Brief info about the company we have made up and the type of product were selling;

Prorich is a small business In Australia which has 4 business owners who will be working into the company as employees. Ive attached a powerpoint with a overview of the company and some additional information below.

We will rent out a kitchen facility in a restaurant after hours which we will be producing our product. Also we will be branding, packaging on the same site and logistics will be handled by us too.

We are developing fresh, healthy, pre packaged, protein rich meals with an extended shelf life

 

To help gym members, busy individuals and working families

 

To provide healthy, quick meals that are easily accessible and are quick to prepare

 

With kitchen facility with distribution/packaging centre and minimal chilled storage, transport logistics partner (uber?), POS storage/distribution (vending machines), partnerships with retailers, gyms

 

 

Now the sections I need to answer are;

  • The Business Concept
  • This is a brief overview of your minimum viable product (MVP) and what you are trying to achieve and the benefits you think it will produce.
  • What is the purpose of this plan and what are you asking for?
  • What type of start up are you trying to establish? What is your business model (effective use of the Business Canvas Model)? (A Business Model Canvas will be needed to be created and link to the ERRC as in the powerpoint)
  • Strategy Canvas
  • The factors of competition need to be clear and the level of offering justified as much as possible.
  • The factors of competition need to be consistent with what was discussed in the business opportunity especially the day in the life. The factors need to be defined and this can be done in the assessment of the competitors. These competitors appear on the value canvas. The focus of the value canvas is what the customer perceives as the factors of competition and how true the offering is. That is why one axis is offering high-low and the other is factors of competition.

 

  • Conclusion/Summary
  • Summarise the key points about what makes this business attractive and how you can assure investors it will be successful
  • Why, and to what extent, will this innovation or new business venture add value to the organization, the sector, the industry or society that implements  and supports it if the proposition is aimed at an existing organization or other investors/venture capitalists, banks etc.?

 

Points to consider;

  • Please include up to 12 references with at least 5 to 6 journal articles and the rest a mix of websites, books, etc
  • A business model canvas will be needed to be created and shown in the document with the findings
  • Graphs and tables are allowed also if possible
  • The word limit is 1750 words
  • Harvard referencing is required
  • Time to complete the assignment is 4 days please.

 

Kind regards



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