Opportunity Analysis Plan
Hi, I need help with writing a Analysis Plan for my final. Looking for 5 pages by this Friday March 11, 2016.
The business is a small plumbing and heating LLC company. Owned by one person, ran out of his home, supports the local community. Marketing done throught social media but lookings into other ventures.
I have attached what has been submitted in regards to the company already.
Business Phasing
This is a discussion of the logical progression for growing a business, which starts from the initial idea and grows into a viable business venture.
The phasing approach should explain how the development phases minimize risk, aid learning/analysis at the earliest possible stages, and create a proper progression of the business venture.
The goal of developing phases is to show how much risk is required for each phase compared to the expected outcome or return on the investment; phasing allows for learning during each step and creates a decision point prior to moving on to the next phase on whether to proceed, modify the business, or exit (with potentially a smaller overall loss).
Potential planning and development stages/phases:
Idea stage
Concept stage
Test marketing stage
Product/service development stage
Commercialization
Include anticipated resource requirements for each stage of development.
10 years ago 25
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