Question: DEVELOP A BUSINESS PLAN: Develop a business plan based on new innovative venture. Business organization could be a single-proprietor, partnership or LLC with maximum capitalization

DEVELOP A BUSINESS PLAN: Develop a business plan based on new innovative venture. Business organization could be a single-proprietor, partnership or LLC with maximum capitalization 50,000 Omani Rials. The idea is to start an online grocery and food delivery system in Oman. The company will be called " On-the-Go". Answer the following questions based on your knowledge of starting a business in Oman, and what is required to make it successful. (1000-1100 words)

1. Operations/Production plan - The physical premises/plant - Equipment, technology and materials. - Describe how your product or service will be made. - Legal Requirements 2. HR plan and Organization Structure. - Draw and discuss the type of organizational structure. - Discuss the number of people, their functional skills and salary. 3. Key Milestones / Key Performance Indicators. Use the Balanced Scorecard model to determine the metrics for each milestone within the areas of the model. 4. The Major Financial Projections, with 3-year projection Please note that each financial statement should be briefly discussed highlighting the basis of projection. - Income Statement - Balance Sheet - Cash-Flow Statement - ROI / Payback Period

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