INTRODUCTION TO ENTREPRENEURSHIP
ENTREPRENEURIAL PROCESS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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From the Business Plan video, what does the Setup section of an entrepreneur’s business plan contain?
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It describes the facilities the business will have, the management information systems, all information technology, and how you will deliver the goods and services to the customer
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Describes who you are, what you plan to sell, why, and to whom.
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Demonstrates that you understand your target market, why people will buy what you plan to sell and detail how you plan to sell to them
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Discusses your management team and personnel, your credentials, and who you plan to recruit.
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Explanation:
Detailed explanation-1: -Clarify the startup vision, mission, and values. Outline the executive summary. Develop startup goals and milestones. Write a company description. Conduct market analysis. Develop startup partnerships and resources. Write a startup marketing plan and startup budget. 28-May-2022
Detailed explanation-2: -Draft an executive summary. Describe your company. Perform a market analysis. Outline the management and organization. List your products and services. Perform customer segmentation. Define a marketing plan. Provide a logistics and operations plan. More items •03-Dec-2022
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