http://gsl.mit.edu/media//projects/89/plans/MAYAKIINC.BusinessPlan.pdf
Mayaki Inc. is a partnership form of company that deals with building of software systems that enables users to verify the authenticity of products on the market. Currently, the company is building VeryFi, a web and an SMS application. The app will allow users to verify if the Ghana Standard Board, and Food and Drugs Board satisfy a product for consumption. The app has a market size of approximately 7500,000 people. Moreover, the company hopes to increase the market size by about 5% within the first three years. Due to the nature of the business, the management will have flexibility in using a small amount of money for the startup. One major strength of Mayaki’s business plan is that it is a technology-based and not many people have ventured into the field; therefore, there is limited competition. However, the plan’s main weakness is the lack of financial resources since it will be relying on the number of users utilizing the company’s VeryFi.
Traditional Home-Style Restaurant Business Plan
http://www.fastbusinessplans.com/sample-business-plans/restaurant-business-plan.html
The 86-seat restaurant will be offering family food service and food. The menu will be comprised of pot roast, roasted chicken, pork and steak chop along with wraps, classic hamburgers, and generous salads. The location will be in a leased 3,400 square foot space at West Roads Shopping Center. The projection of sales is at 1700 customers per week, which will result to over $19,777. Notably, the overall startup cost will be $363,000, which will be obtained from the proprietors while the rest will be secured by a bank loan. The major strength in the business plan is the strong market analysis, which identified that many people need food and services at West Roads Shopping Center. The financial projection is another strength since it has covered daily, weekly, and annual earnings. However, the plan has a major weakness, as it has not provided full details about the restaurant’s competitors.
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Link:
https://www.entrepreneur.com/topic/inspiration
Some of the significant features that students will find informative include the various options or tabs within the site that contain crucial business startup information. Another feature are the opportunities’ section, which offers a chance for students to learn about other stores and businesses. Finally is the ‘subscription’ option which offers users opportunity to register for free access for digital information.
References
Hill, B. (2018). How to identify strengths & weaknesses in a business plan . Retrieved from https://yourbusiness.azcentral.com/identify-strengths-weaknesses- business-plan-4209.html
Hill, B. E., & Power, D. (2012). The pocket small business owner's guide to business plans . New York, NY: Allworth Press.
Finch, B. (2006). How to write a business plan . Kogan Page.
Pinson, L. (2013). Anatomy of a business plan: The step-by-step guide to building your business and securing your company's future . Tustin, CA: Out of Your Mind...and Iinto the Marketplace.
