Bussiness plan

Your business plan is due in about 3 weeks. By know you should have finalized your business idea (or close to it) and working on the different sections of the business plan. 

This week’s assignment is to check on your progress and give you some motivation to start composing your business plan. Below are seven questions related to your business plan.  Answer each questions briefly (1 or more sentences for each question). 

1. What is your business concept?
2. Who is your target customer?
3. Who is your competition?  
4. Describe your product and/or service.
5. What are your prices and how do they compare to your competition?
6. What is your organizational structure / ownership?
7. What is your promotional strategy?