Business Plan for Virtual factory tour and virtual apprentice start -up

1.Objective- To make profits with the help of technological advancements (Online data) through Job trainings, formal studies, and online instructions.

1.2 Mission - Providing a platform where individuals can learn and earn at the same time.

Vision- Providing learning skills through virtual technology for an ever-changing job market. Enhance Research for better innovative facilities to explore virtual technology/learnings to best extend

1.3Keys to success- Flexible model and customized programs to meet the demands of end customers.

1.4 Start Up cost and Funding- Funding will be provided by 3 investors and a bank loan -

• Owner 1- $ 20000
• Owner 2 -$ 20000
• Owner 3- $ 20000
• Bank Loan-$50000

Cost will include-

• Advertisement cost
• franchise cost for website
• Software/Hardware costs
• Internet set up deposit.
• starting inventory
• Business licences permit
• Telephone, insurance and miscellaneous.

1.5. Company Ownership-The company will be private company and will be owned and controlled by its 3 Owners.

1.6 Products and services- The company will provide apprenticeship training model to students. Students can receive a professional level experience using digital tools without the expense of a physical factory tour. Workforce development training services will also be delivered by company.

1.7 Market-The company will focus on students, educational universities, and new workforce.

1.8 Strategy- To provide virtual learning and experiences at affordable costs to students. To develop virtual assets that can strengthen workforce learning.

1.9 Management-The company will be managed by 3 owners and a Board which will be appointed by owners. There will be also one working committee and auditor as per company regulations.

please continue the following parts in details for the business plan above :

5.0 Strategy and Implementation Summary

5.1 SWOT Analysis

5.1.1 Strengths

5.1.2 Weaknesses

5.1.3 Opportunities

5.1.4 Threats

5.2 Competitive Edge

5.3 Sales Strategy

5.3.1 Sales Forecast

5.4 Milestones

5.5 Marketing Strategy

5.6 Pricing Strategy

5.7 Sourcing Strategy

5.8 Location and Facilities

6.0 Management Summary