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Business Papers Environment & Infrastructure Committee Meeting Tuesday, 18 August 2015 12.00 notice of Meeting To the Lord Mayor and Aldermen are invited to attend an Environment & Infrastructure Committee
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Research and understand the industry in which the business operates
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Identify the target market and their needs
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Analyze the competition and their strengths and weaknesses
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Assess the external environment including economic, political, social, technological, and legal factors
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Develop a SWOT analysis to uncover the business's strengths, weaknesses, opportunities, and threats
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Create a business plan that outlines the business's goals, strategies, and action plan

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Entrepreneurs looking to start a new business
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Business and its environment refer to the external factors and conditions that businesses operate in, including economic, social, political, technological, and competitive factors.
Business owners, managers, and other stakeholders are typically required to report on the business and its environment.
To fill out a report on business and its environment, gather relevant information and data, analyze the external factors affecting the business, and present findings in a structured format.
The purpose of reporting on business and its environment is to assess the external factors that impact a business's operations, identify risks and opportunities, and make informed decisions.
Information such as market trends, regulatory changes, competitive analysis, economic indicators, and social trends must be reported on business and its environment.
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