A business must have a good plan in place. If you are

in /by

A business must have a good plan in place. If you are

Abusiness must have a good plan in place. If you are looking for investment,make sure to include all of the previously discussed information into yourplan. If you are a venture capitalist, avoid investing in companies that donâ€tfollow the preceding rules. Companies must know their industry, theircompetitors, and their customers. They need to know how they are going to reachyour customers and persuade them that their product is the best alternative tomeet their needs. This incorporates all the steps from introducing your productto your customers, demonstrating that it will meet their needs, to the decisionmaking process, and then the physical purchase of the good or service.
AppendixAAppendixB
Referring to Appendix A, analyze the key factors to consider inyour potential customer base and how they will affect your sources offinancing.Referring to Appendix A,discuss the key evaluation criteria for determining the competition for a newventure.Which areas should a new venture focus on to enter its market as alegitimate competitor?

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