Wednesday, 27 April 2011

Research...

1. The Industry - research into the industry, will it benifit from this idea?

2. Marketing analysis - who are our target audience? where are they located? is there room for expanding?

3. Competitive analysis - who are our direct and indirect competitors? what are their strengths and weeknesses over us?

4. Marketing plan - sales strutegy, pricing plans, promoting our site, is there any merchandise? ( work closely with finance )

5. Management plan - legal strugtures, management resourses such us internal team and external, and any other human resourses needed.

6. Operation plan - where will we be located? facilities needed, equipment needed. what skills do we need to get this up and running?

7. Financial plan - where will we get the money from? how will we use the money? this needs to be quite detailed and analised before we submit

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