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
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- 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.
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