Business Plan

craft Plan Case Study: Kurt and John Bauer Kristin Moeller MGT/ three hundred Marilyn Pike January 9, 2012 Introduction Kurt Bauer fagged ii years preliminary to headache school on the job(p) on privation and economic reform in eastern Europe. This experience helped him discover the potential of business opportunities in Russia. With his familial background of entrepreneurship, Kurt looked into possibilities during the end of his exit in Eastern Europe. Bauers first possibility was a food packaging confederation, which took two month of research sooner determining that the risk of coronation in Russia at the snip was too high. Bauers certify possibility came with red-hots of a magazine launch. Business Plan overture from a family of entrepreneurs, Bauer knows that a business plan allow for help him give out the type of work he wants. The coupled States Small Business Administration (SBA) give tongue tos its own recommendation on a well-exec uted business plan. The first portion would be an administrator summary stating the mission statement, origination date, and upcoming plans of the business. Another oceanic division that should be added is a market analysis. This go forwards illustrate an entrepreneurs knowledge about the limited business and spotlight any research that has been collected.

A company comment in the business plan should include how the contrasting elements of the business adjoin together. A marketing strategy is to a fault a want of a business plan. It is the life semen of your business, which creates the customers. A description of what service or product is and accentuat! ing its benefits to likely customers is also a component of a business plan. Last, a funding crave is part of a good business plan. This will state what the business needs financially to convey and how those funds will be spent (SBA, n.d.) The Opportunity Kurt receives new that Ludwig Schmitt, the father of a partner student, has launched a magazine in Eastern Europe. After several(prenominal) telephone calls...If you want to get a full essay, fiat it on our website: OrderCustomPaper.com

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