To develop a comprehensive idea of business and devise a business plan that imbibes the essence of innovation and entrepreneurship. You can choose any product or service in UAE.

While developing the business plan, Keep the following points in mind:

1. Introduction of product or service (150 words)

2. Identification of market gap (100 words)

3. Market and environmental scanning and analysis (!50 words).

4. Competitor analysis (150 words)

5. Consideration of Innovation and industry life cycle (150 words)

6. Forecasting tools (150 words)

7. Challenges and suggestions to address if found (150 words)