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I have select a business topic which is based on cycling retail shop we sell bicycles in following shop and do repairing as well so thats the business which i have select below are the questions which have to be answered in regards to cycling business for example question number 1 What is the product? so we have to define what kind of product is been sold in the cycling shop. for example bicycles and rim breaks and etc. and also some of the questions below are to be answered using estimating for example question 3 of marketing where will the business be located so we just estimating the location anywhere for example USA and etc.
Marketing Plan -Format
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Write My Essay For MePlan Guide Questions
- What is the product?(flow chart for product)
- How is quality and price as compared to competitive products?
- Where will the business be located?
- What geographical areas will be covered by the project?
- Within the market area, to whom will the business sell its products?
- Is it possible to estimate how much of the product is currently being sold?
- What share or percent of this market can be captured by the business?
- What is the selling price of the product? 9. How much of the product will be sold?
- What promotional measures will be used to sell the product?
- What marketing strategy is needed to ensure that sales forecasts are achieved?
- What do you need to promote and distribute your product?
Production Plan – Format
Production Plan Guide Questions
- What is the production process?
- What building and machinery (fixed assets) are needed and what will be their costs?
- What is the useful life of building and machinery?
- How will maintenance be done, and are spare parts available locally?
- Where and when can machinery be obtained?
- How much capacity will be utilised?
- What are the plans for using spare capacity?
- When and how will the machinery be paid for?
- Where will the factory be located and how will it be arranged?
- How much raw materials are required?
- How much will the raw materials cost?
- What are the sources of raw materials? Are they available throughout the year?
- How many direct and indirect labour is needed and what skills should they have?
- What will be the labour cost?
