How do you promote your product or service? Competition Explain who your competitors are. Explain your recruitment and training plan, including timescales and costs. Is it marketed as a specialist product due to a particular feature?
Is there a heavy concentration of sales around one or two large customers?
The team is awarded 10, baht with the package of educational trip to Malaysia. Participating teams will not only get the opportunity to improve their business knowledge but also learn vital skills in the fields of workplace and day-to-day life communication, problem solving, prioritization, creativity and public speaking techniques.
Show the plan to friends and expert advisers and ask for comments. Is there anything special about the location? Key Personnel Give details of each key individual in the business.
Explain how you will deal with them. This section convinces the reader that you have the right team to make your business a success. Give details about the history and current status of the business. The competition is open to undergraduate students currently enrolled in business schools of the higher educational institutions of Bangladesh.
Sales and Marketing Guidance Note: Identify where you make your profits and where it may be possible to increase margins or sales. Why will customers buy your product or service instead?
Sales What total sales do you expect over the next year and further ahead? For example, price, quality, distribution. Explain the key features of the industry you operate in. Base your business plan on reality, or it may be counterproductive Over-optimistic sales forecasts can lead to increased overheads followed by a cash flow crisis and drastic cost cutting, all of which can seriously damage morale.
Advisors and support services Describe any external advisers: How will you cope if a particular supplier increases its prices or goes out of business?
What are its disadvantages and how will you address these? The top business schools of the country will send their brightest minds to face off with the best of the best.
Look at the cost-efficiency of each of your selling methods. Spell out any plans to improve or maintain motivation. The HSBC Young Entrepreneur Awards is a business plan writing competition that provides opportunities for local undergraduate students to demonstrate their entrepreneurial skills, practical business knowledge and business creativity.
Business and products Explain the history of the business When did it start trading and what progress has it made to date? What are the planned developments?
Why is there an opportunity for your business? Check that the plan is realistic. Financiers, business partners and employees will see through over-optimistic plans that ignore weaknesses or threats.
Why will your target customers buy from you instead?Purpose of creating a business plan. Content of a business plan. Business and products. Market and competition. Marketing and sales. Management and personnel. Operations. Financial performance. SWOT analysis.
1. Purpose of creating a business plan. Be clear about what the business plan needs to achieve. View Traci Wai’s profile on LinkedIn, the world's largest professional community.
Traci has 7 jobs listed on their profile. See the complete profile on LinkedIn and discover Traci’s connections and jobs at similar mint-body.comry: Financial Services.
Jul 17, · HSBC Asia Pacific Business Case Competition Round Three Date: 6 June Venue: The University of Hong Kong Presenting University: The Hong Kong University of Science and Technology (Hong Kong).
Welcome to HSBC Business Banking: Switch to us for our award-winning service, local business banking support and international expertise. HSBC/HKU Asia Pacific Business Case Competition Winners.
Find out more about the competition at The three equal winning teams of the HSBC Hong Kong Business Case Competition were: Hong Kong Shue Yan University National University of Singapore Champion.
Fudan University, Shanghai.
First runner-up. The Hong. HSBC and KPMG signed an agreement with Junior Chamber Malta on July 22 to sponsor the Best Business Plan Competition. The competition is organised by Junior Chamber International (JCI) and is.Download