Question: INSTRUCTIONS AND INFORMATIONDevelop a comprehensive business plan by completing sections 1.1 to 1.7, ensuring that each part (cover page, executive summary, business description, market analysis,

INSTRUCTIONS AND INFORMATIONDevelop a comprehensive business plan by completing sections 1.1 to 1.7, ensuring that each part (cover page, executive summary, business description, market analysis, marketing strategy, operational plan, and financial plan) is addressed in detail according to the marks allocated and requirements stated.EBM N4TSHISIMANI CAMPUSQUESTION 11.1 Cover page - following the cover page criteria required. Content page- Indicate the pages in your business plan(7)1.2 Executive Summary - Provide a brief overview of the business concept, objectives, and key success factors.(8)1.3 Business Description - Describe the nature of the business, the industry, and the problem it seeks to solve.(10)1.4 Market Analysis - Conduct a brief market research, identifying the target market, competitors, and demand trends.(10)1.5 Marketing Strategy - Explain how you will attract and retain customers, including pricing, promotion, and distribution strategies.(10)1.6 Operational Plan - Outline how the business will function, including location,(5) production process, and resources required.1.7 Financial Plan - Provide a basic financial projection, including startup costs,(10) revenue estimates, and break-even analysis.TOTAL MARKS 60

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