Contents
Business Details 5
Industry and Market Analysis 6
Customers and value proposition 9
Good Idea 10
Skilful Integration 10
Fair Price 10
Emotional Consideration 10
Marketing Strategy 10
Price, Promotions and Distribution 10
Launch strategy 12
Sales tactics 13
Brand development 13
Competitive Reaction 13
Product and market development 14
Growth potential 14
Operations Plan 14
Key Operating Activities 14
Partnerships 14
Business Controls 15
IP Issues 15
Scalability 16
Management Team and Company Structure 16
Key People 16
Business Organization or Structure 16
Directors, Advisors and other key partners 17
Skill Gaps and Plans for filling them 17
Resources 17
Premises and facilities 18
Machinery and equipment 18
Staff 18
Financing 18
Founder’s Contribution 18
Loan/Equity Finance Requirements 19
Gearing/ Leverage 19
Time scale and exit routes for equity investors 19
Financial Projections 20
Income Projections 20
Cash Flow Projections 20
Balance Sheet Projections 21
Ratios 21
Risks and strategic options 22
Identification of Specific Risks 22
Risk Monitoring and Mitigation 22
Critical Success Factors 22
Key Milestones 23
Bibliography 24
Appendix 25
Description
The paper reflects on the formulation of a business plan for underwear dryer company, Canbin that aims to set up its business in Oman. It makes a thorough evaluation of the current market before the launch of the product while it also conducts an effective marketing, operational and financial analysis to evaluate the feasibility of launching the product in the market of Oman.