The Business Plan Section 2 - Feasibility Plan Your Candle Company name is lumia candles, you are going to give feasibility plan of your business you are about to start up You should give a proper details of your feasibility plan like expense and income statement.

Note your company should be Canada base and your competitors too should be in Canada too.

Location Analysis

1. Explain the general area where your business will be located, describing the surrounding population of potential customers (provide numbers). There should be like a graph or pie chart here.

2. Describe any other factors in your choice of location, such as your proximity to transportation, suppliers, or relevant services.

Site Analysis

3. Describe the site of your business, including any relevant details such as parking, neighboring firms, visibility, and traffic (provide numbers).

There should be like a graph or pie chart here

4. Explain why this choice of a site is appropriate for what you are selling and appropriate for the customer groups to whom you are selling.

Site Expenses

5. Your business is home-based, calculate what percentage of the home (square footage) will be used exclusively for business purposes. Explain the ownership or leasing arrangements of the home. You should also provide the lease or ownership agreement.

Protecting the Business

6 Briefly describe any business insurance you will carry, explaining the coverage, the premiums, and the payment schedule. You should be giving the payment schedule like a statement

7 Explain any techniques you will use for protection against theft or other dangers to which the business could be subject (e.g., security systems or operating policies).

8 Describe any intellectual property of the business and how it will be protected.

Note your work should be in proper and full details If you use any resources give the references link...!

explain in full and alot details