· Trend in using the proposed product … · Industrial growth rate for the product … · Problems in using related products and the proposed product would solve consumer problems. · Government policies towards the use of the proposed product … · Availability of Facilities …
· Market growth showed high demand for the proposed product. · Experience in using the product indicated positive trend … · Changing in consumer life-style … · Financial allocation/Fund … · Ability of the product to meet consumer need … · Future development in the chosen business … · Continuity of government policies …
2.0 PURPOSE OF THE BUSINESS PLAN
(Clear, concise and coherent objective of the business plan)
This business plan is prepared for the purpose of ….(EXAMPLE)
1. Obtaining working capital loan from ______ for the amount of RM _______ 2. Highlighting the proposed venture to run the business of _____. 3. Providing a blueprint for managers and executives to run the business