INTRODUCTION TO ENTREPRENEURSHIP
CHARACTERISTICS OF AN ENTREPRENEUR
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Executive Summary
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Product/Service Plan
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Management Team Plan
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Industry/Market Analysis
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Detailed explanation-1: -The market analysis section of your business plan comes after the products or services section and should provide a detailed overview of the industry you intend to sell your product or service in, including statistics to support your claims.
Detailed explanation-2: -Market analysis includes quantitative data such as the actual size of the market you want to serve, prices consumers are willing to pay, and revenue projections, as well as qualitative data such as consumers’ values, desires, and buying motives.
Detailed explanation-3: -Executive summary. Marketing plan. Key management bios. Financial plan. 19-Jan-2022
Detailed explanation-4: -Market Size: finding the sweet spot. Competitive Analysis: can you beat the competition? Local business environment: will you have any barriers to entry?