Business plan coments Essay Example | Topics and Well Written Essays - 500 words - 1

Business plan coments - Essay Example Therefore, a tailored business model has been prepared by the firm which covers different aspects including what the firm would be outsourcing, what their main objectives would be, what services they would be offering to the customers to attract them etc. The team has identified the major forces that influence the firm, which is one of the strengths of the business plan. These forces include market issues, market segments, needs and demands of the industry, cost of customers if they switch their services, attractions for customers etc. In addition to this, the team has also identified different industry forces including competitors, new entrants, substitute products, suppliers and other stakeholders that would have an influence on the firm. Other factors like macro-economic forces, and key trends in the industry including technological trends, regulatory trends etc have also been presented in the report. In the other section of the business plan, the team has covered the market opportunity analysis in a manner that would be attractive for investors when they are going through the business plan and evaluating the business idea for the purpose of investment. The target market of the firm has been described as well as what the target market prefers has also been identified, showing more in-depth analysis and hard work of the team. The team has also analyzed the offerings of the competing firms and what factors or services of the competitors could influence the company. A brief description about the services of the competitors has been explained to analyze its impact on the company. In the section of market analysis, the team has identified the growth of e-commerce market industry in the last few years which is an important variable considering the services of the company. In addition, the team has conducted sufficient research to identify how the market would perform in the years to come along with the total value of the