English for business and entrepreneurship: Canvas Course
Business Plan Outline
- Executive Summary
- Business Description
- Product Description
- Type of product
- Target market
- General function(s)
- Management and Operations
- Number of managers and employees
- Description of the organization
- Marketing
- Market Research
- Competitive Analysis
- Clear description of direct and indirect competition
- Direct competitor’s price
- Indirect competition
- Marketing Mix
- Product
- Price
- Place
- Promotion
- Financials
Marketing mix (4Ps)
Company 1: Delicious tea
promotion: advertisement in local papers
product: green and black tea in bags
place: grocery stores, supermarkets, convenience stores
price: cheaper than competitors
Company 2
promotion: television and advertisement
product: hand-made casual shoes for men and women
place: shoe stores in expensive shopping malls
price: more expensive than competitors because they are hand made
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