QUESTION $1$

$1.$PLEASE CREATE A UNIQUE PRODUCT EXAMPLE OR IMPROVE ON THE EXISTING SERVICE AND USE THE FOLLOWING BELOW GUIDE:

$>$ Develop a business plan

$>$ As an entrepreneur you need to explore an innovative idea $($product or service which have not been seen in South Africa$)$

$>$ You can make the product using scrap material or design the products using computer software.

$1\mathrm{.}1$ SECTION A: EXECUTIVE SUMMARY

$1\mathrm{.}2$SECTION B: COMPANY PROFILE$/$ BUSINESS DESCRIPTION

$1\mathrm{.}3$ SECTION C: MARKETING PLAN

A$).$ Marketing analysis

B$).$ Environmental analysis

C$).$ Competitive analysis

D$).$ Target market profile

$1\mathrm{.}4$ SECTION D: MARKETING STRATEGY

A$)$ Product$/$ service strategy

B$)$ Pricing strategy

C$)$ Promotion strategy

D$)$ Distribution strategy

$1\mathrm{.}5$SECTION E: PRODUCTION$/$ OPERATION PLAN

A$).$ Product process$/$ operations

B$).$ Local advantages

C$).$ Capital equipment

D$).$ Personnel

E$).$ Quality control

$1\mathrm{.}6$SECTION F: HUMAN RESOURCE PLAN

A$).$ Board of directors $+$ ownership

B$).$ Organization Chart

C$).$ Professional Support

$1\mathrm{.}7$ SECTION G: FINANCIAL PLAN

A$).$ Cash flow statement

B$).$ Income statement

C$).$ Balance sheet

D$).$ Break$-$even analysis

E$).$ Funding requirements

F$).$ Critical risks