Business plan
Requirement: Please read through the portion of business plan and make correction of grammar, spelling issues. Since I already did 2/3 of the business plan, please work with the rest of parts from A-H, and I lay out some guideline, you can enhance the plan by including charts, graphs, color pictures and other graphics. each parts need at least one paragraph.
A)4Ps( based on our cosmetic online websites )
-place
-product
-promotion
-price
B)Legal and Organization Structures (I write few sentences and please expand this parts)
Our company will only be two of us, and we are friends for five years and we’re also classmates. Jie Lu’s duties are making imports and make records of inventory, and Hui Teng will do the online selling and online chart. Hui will be the owner of the company, and Hui has 51% of shares and Jie has 49% of shares. We might hire one person to help us to carry some heavy products, do the part time and pay $10/hour.
C)Marketing Strategy
The overall strategy subsection discusses your generic strategy (differentiation, cost, focus) as well as any supra-strategies (craftsmanship, customization, etc.) or fragmented industry strategies (no-frills, formula facilities, etc.) you pursue. Explain here how each is used in your firm and in your sales efforts.
(1) The overall strategy your firm pursues in the market
(2) the sales plan that shows the specific ways you apply strategy to secure sales from your customers.
(3) the longer-term competitive plan that shows how you protect your firm from efforts of the competition to unseat you
D)Related Service Providers
These days, small businesses are rarely alone, and the quality of the professionals surrounding you tells people a lot about how good you might be. Taking a paragraph or two to identify your bank and banker, your attorney and legal firm, accountant or bookkeeper, and other consultants can help show that you have high-quality supports. If you have major relationships established with well- known suppliers or customers, list these here also. If you have a board of directors, members can be mentioned here or under key personnel. If you have a board of advisers made up of people who are not owners, they would be listed here.
E) cost out a typical product:
how much will it cost including freight in, what is the selling price (freight included or freight not included), what other costs will you have?
F)International shipping fee and which transportation company you choose, why?
G)Estimate what the market for your products is in dollars. How many dollars of sales will you get if your sell 100% of your market. Once you determine that figure, you can estimate what percent of the market you can get.
H) You need to be specific as to results of customer discovery.
A tabulation of comments from customers in the appendix of your report. You can then summarize in the body of the report and even give a specific quote