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The production of cinnamon rolls will be the only product your company will prod

ID: 336867 • Letter: T

Question

The production of cinnamon rolls will be the only product your company will produce. As a start-up company, you will need to understand the basic elements of having a business plan. Prepare a business plan that includes three basic elements—Business Concept, Market Analysis, and Financial Analysis. Focus on the description of your business, its market, your product, and the organizational structure and management. Describe where to market your product—the demographics, preferences, needs, buying behavior, as well as your competition.

Explanation / Answer

The production of cinnamon rolls will be the only product your company will produce. As a start-up company, you will need to understand the basic elements of having a business plan. Prepare a business plan that includes three basic elements—Business Concept, Market Analysis, and Financial Analysis. Focus on the description of your business, its market, your product, and the organizational structure and management. Describe where to market your product—the demographics, preferences, needs, buying behavior, as well as your competition.