outline and describe principal rivals for each target market customer group. Be sure to also include indirect competitors as well as direct competitors.)

MT209 Project Template
Executive Summary (Unit 9)
(This portion of your mini-business plan should contain a brief overview of everything in your plan. This brief overview should contain an explanation of your product/service line, the market you will serve, and a brief summary of your financial goals. This should be completed in Unit 9.)
Business Description (Unit 2)
(This section of the plan should include what the business will do, what products or services it will produce or deliver to the customer. This should be specific.)
Vision Statement (Unit 2)
(This section of the plan should be a statement of what you visualize the business to be at some definite point in the future based on present realities.)
Mission Statement (Unit 2)
(This section of the plan should represent a succinct statement detailing the reason(s) for the business’ existence and the guiding principles of the business.)
Personal Motivation (Unit 2)
(This section of the plan should represent a personal reflective discussion of why you want to own and manage a small business in at least 100 words. State what skills, experiences, and passion you would bring to the new venture.)
Description of Products or Services (Unit 3)
(This section of the plan should describe how your proposed product or service fills a gap in the marketplace or how your product or service will be “better” than those already existing in the marketplace. It should include any innovative features of your product or services that would distinguish your venture including any patent or copyright protections possessed by the venture as well as any growth strategies for your product or services and if relevant, any secondary markets the business will pursue.)
Marketing Plan: Market Analysis (Unit 4)
(This section of the plan should contain a customer profile for each identified potential target market customer based upon secondary research for this assignment. Ideally, it should also be based upon primary research as well. It should outline and describe what kind of potential customer the business seeks to reach. It should include customer demographics like age, geographical areas, ethnicity, religion, culture, income levels, gender, IF these are relevant to your product or service. It likely will contain some general things you would most likely want to know such as the purchasing power of this group (how much disposable income); their dominant family status (families, singles); their age ranges; and their leisure habits.)?
(The Market Analysis should also outline and describe principal rivals for each target market customer group. Be sure to also include indirect competitors as well as direct competitors.)
Marketing Plan: Marketing Strategy (Unit 4)
(This section of the plan should describe how you propose to reach the target customer. Will you use a single segmented, multi-segmented, or non-segmented strategy? Explain how you will promote the product or service to the target customer. Explain your proposed pricing strategy and why. Explain your distribution strategy; how you will deliver your product or service to the customer.)
(Note: In a “live” business plan, you would also include a section here containing cost estimates to advertise or promote your product or service).
Operational Plan (Unit 6)
(This section of the plan should contain:
1. Information about your products or services including how and where your products or services are produced, production techniques, quality control, customer service, inventory control, and product development;
2. Information about your proposed business location including any location requirements such as space, type of building, zoning, power, and other utilities, access, parking, etc., estimated total location expenses, business hours, any major required building alteration;
3. Information about your proposed venture’s legal and regulatory environment including any licenses required, any health, workplace, or environmental regulations affecting the business, any special professional requirements, zoning or building code requirements, insurance coverage, and any trademarks, patents, or copyrights held or required;
4. Information about proposed personnel including the number of employees (excluding management), type of labor, source of this labor, pay structure, required training, and any possible use of contract workers;
5. If Applicable, information about the inventory including the type of inventory (raw or finished goods), any seasonable impacts, and ordering lead times;
6. Information about key suppliers including a listing and discussion of key suppliers, their credit policies, history of reliability, need for backup suppliers, any expected delivery problems, and any anticipated increases in supply costs; and
7. Information about your proposed venture’s credit policies including any plans to sell on credit, needs to sell on credit, credit policies, credit limits, credit terms, any discounts, and cost estimates of the use of credit.)
Management and Organization Plan (Unit7)
(This section of the plan should contain information about who will manage the business on a day-to-day basis. This should include the experience and special competences that each key individual brings to the business. You should also disclose any outside professional advisors such as boards of directors, advisory boards, attorneys, accountants, insurance agents, bankers, consultants, mentors, or other advisors who will be assisting the new venture.)
Financial Plan (Unit 8)
(This section of the plan should contain a discussion of what constitutes a 12-Month Profit and Loss Projection, a discussion of what constitutes a 12-Month Cash Flow Projection, a discussion of an opening day balance sheet showing what items of value (assets) as well as what debt (liabilities) the new business will begin with and a discussion of the break-even analysis which predicts the volume of sales, at a given price, that will be required to recover total costs. This should be accompanied by an explanation of all assumptions upon which you based your break-even analysis.)
Start-Up Expenses Sub-Plan (Unit 8)
(This section of the plan should include a discussion of the applicable expenses to start the new business. These could include some (or all) of the following: costs of sales, professional fees, technology costs, administrative costs, sales and marketing costs, wages and benefits. It should also include a contingency percentage to cover any under estimation along with your rationale for this percentage.)
Capitalization Sub-Plan (Unit 8)
(This section of the plan should include a discussion of the sources of all loans (existing or proposed) including amounts, terms, and collateral. It should also include a listing of the names and amounts contributed by each investor in the business including the percentage of ownership of each investor.)
References (Separate Page)
All citations in your text above need to also be in your references here in APA format. Include no references if you have not also cited them above.
Appendix (Separate page at end of document, if necessary)
(An appendix would be used in a business plan to contain large or lengthy elements that would make reading the body of your plan cumbersome. It would also contain associated elements like figures, charts, drawings, photographs, etc.)