Question: Develop a business plan for a start - up business, doing mechanical and plumbing engineering projects for hospitals in California. Discuss the following: Opportunity: What

Develop a business plan for a start-up business, doing mechanical and plumbing engineering projects for hospitals in California. Discuss the following: Opportunity: What need are you solving for which consumer?
What problems are you solving? What is the size of your market? Whatindicators are you seeing in the external environment that will sustain the growth?
Product/Service: Describe the product or service? What is your unique selling proposition (why would consumers choose your product over the closest competitor)?
Value Proposition: What value are you giving the target customer that others do not provide?
Marketing Strategy: What is your marketing communication strategy and how will you reach your target customer?
Competitive Environment: Who are the main competitors? What core competencies do you possess that others may not?
Management: Why will investors/suppliers/bankers be confident in your ability to be successful in this venture?
Financial: How will you determine projected sales? How long will it take to be profitable? When will the companybecome cash positive?
Funding: How much cash will you need to fund the startup? And how long will you be able to operate before even making $1 in sales.
Organizational or societal background
o History, inflection points, structure, etc.
Common obstacles
Market saturation or competition
Relevant demographic data
Recent research
The problem you are solving for a particular market segment
Key performance indicators and timelines are necessary to project out scope and trajectory of hypothesized intervention.
o What impacts do you see as a consequence of your hypothesized solution? When will you see them? How will you assess the effectiveness of your proposed intervention?
o How will your proposed product/service solve the exposed problem?

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