Requirements

This is an individual task. You will be required to:

a)Undertake research and make a poster presentation which champions a new IT business concept

Business plan content sections:

Operations plan -Identify the problem and discuss the business opportunity that may address it, showing an understanding of the market and potential customers. Also discuss business details, registration details, premises, organizational chart, management and ownership, key personnel, products and/or services, innovation, insurance, risk, legal considerations, operations and sustainability (as appropriate).

Marketing and social entrepreneurship plan-Define your marketing strategy this should include,target market, market segmentation, unique value proposition, SWOT analysis, marketing mix and marketing communication and social media (includes details of marketing tools and advertising approach).

Financial plan-Explain the business/revenue model that your will utilize to realize the opportunity. Produce a projected budget, this should include all revenue and expense projections for the first 12 months. Indicate all sample costs such as registrations, insurance, plant and equipment, office equipment etc. (as appropriate). Strategic plan-Provide a mission statement. Explain your long-term strategy beyond 12 months, indicate your business goals.

• Appropriate graphics, images and graphs.
• Appropriate design techniques i.e. font and size, and color.
• A list of references consulted.
• Be delivered electronically.

The poster can be created using any appropriate software for example, MS PowerPoint, Publisher etc.