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Assignment 1: Business Description
Grade Sheet
Imprint ValueDeductionScore
100Purpose of business
40
Marketplace
20
Competitors (4×
40
100CS 205 Grade SheetsCommentsAssignment 2: Competitive Market
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How to fill out assignment 1 business description
01
Start by providing a clear and concise overview of your business. Include information such as the name of your company, its mission statement, and the industry in which it operates.
02
Next, describe the products or services that your business offers. Be sure to explain what sets your offerings apart from competitors and highlight any unique features or benefits.
03
Provide information about your target market. Identify the specific demographic, geographic, and psychographic characteristics of your ideal customers. This will help demonstrate that you have a solid understanding of your target audience.
04
Outline your marketing and sales strategies. Explain how you plan to promote your products or services, target your intended audience, and generate sales. Consider including information about any partnerships or collaborations that will contribute to your marketing efforts.
05
Discuss the organizational structure of your business. Describe the key personnel and their roles, as well as any external advisors or partners. This will showcase the expertise and experience of your team, which can inspire confidence in potential investors or stakeholders.
06
Provide an overview of your operational plan. Explain how your business will run on a day-to-day basis, including details about your production process, sourcing of materials or resources, and any key operational milestones.
07
Outline your financial projections and strategies. This section should include a detailed analysis of your revenue streams, cost structures, and profit projections. Additionally, explain how you plan to secure funding or manage cash flow, as this is crucial information for potential investors or lenders.
08
Conclude the business description by summarizing the key points and emphasizing the overall potential and viability of your venture. This is your opportunity to inspire confidence and convince readers that your business is worth investing in or partnering with.
Who needs assignment 1 business description?
01
Students enrolled in a business or entrepreneurship course.
02
Business owners or aspiring entrepreneurs who are developing a business plan.
03
Investors or potential stakeholders who are evaluating an opportunity for investment or partnership.
04
Consultants, advisors, or mentors who are providing guidance or support to startups or small businesses.
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What is assignment 1 business description?
Assignment 1 business description is a document that provides a detailed description of the business and its operations.
Who is required to file assignment 1 business description?
All businesses are required to file assignment 1 business description.
How to fill out assignment 1 business description?
Assignment 1 business description can be filled out by providing information about the business's activities, products, services, market analysis, and goals.
What is the purpose of assignment 1 business description?
The purpose of assignment 1 business description is to provide stakeholders with an overview of the business and its operations.
What information must be reported on assignment 1 business description?
Information such as business activities, products/services, market analysis, and goals must be reported on assignment 1 business description.
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