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Wed Design Company Business Plan

Description

I need part 2 of a business plan for my web design company.

Please advice if this can be done within one page?

Business Plan
This section is due while in Unit 3 which is step 2 of the Business Plan. Remember every section should be 2-3 paragraphs.

Products and/or Services

Describe the products and services you plan to sell.

How is your product or service unique?

Are you producing a commodity or a differentiated product?

How does your product or service compare to other products in

Quality? Price? Location?

What experience do you have with this product/service?

Market Assessment

A. Examining the General Market

How is the market characterized?

Are there clear segments in the market? Describe them.

What important customer need(s) is the market not currently fulfilling?

What is the growth potential for each segment of the market?

What opportunities and threats does your firm face?

What does an analysis using the Five Forces model suggest about your industry? Who is your competition (in light of the Five Forces)?

What trends, relevant to your business, do you see?

What are the drivers of change?

What political and legal issues do you face, such as zoning, environmental laws, inspections, etc?

B. Customer Analysis

Who will be your customers?

What do you sell to each of the customers?

How does your product/service solve a key customer problem?

How difficult is it to retain a customer?

How much does it cost to support a customer?

C. Industry Analysis

A comparison of companies is similar.

D. Strategic Alternatives

What can the company do that they aren’t doing now?

Strategic Implementation

A. Production

How will you produce your product?

What value will you create and capture with your product?

What is your competitive advantage?

What technology will you use, i.e. reduced tillage, GPS systems, etc.?

What processes will you use to produce products?

What growth options will you use to develop the business unit?

Enterprise Expansion
Replicate
Integrate
Network
What is the anticipated timeline?

B. Resource Needs

In order to effectively organize your business, you need to ensure the resources are available. Assess those needs here.

Human
What skills are needed?

How will human resources be acquired?

Financial
What level of financial resources will be needed?

Physical
What type, quantity and quality of physical resources will be required?

C. Sourcing/Procurement Strategy

On what do you base a decision to buy products or services? Price? Quality? Convenience? Extra service? A combination?

By what venue will you find suppliers — local dealer, Internet, direct from the manufacturer, etc.?

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