Sample Essay on:
BUSINESS PLAN EVALUATION -- FOSSA MEDICAL

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Essay / Research Paper Abstract

This 6-page paper focuses on an analysis of a business plan written by Fossa Medical. Bibliography lists 2 sources.

Page Count:

6 pages (~225 words per page)

File: D0_MTbusplanev.rtf

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Unformatted sample text from the term paper:

any business. They provide a roadmap for the entrepreneur (Russell, 2006). More importantly, a well-written business plan provides a snapshot for a potential investor. For that investor, the business plan shows what the company is about and what type of future it might have -- and whether the future is worth investing in (Smilor, 2008). In this paper, well be providing an analysis for Fossa Medical, a company that develops and markets "innovative products focused on conditions that affect the small passageways of the body," according to the companys business plan. The first product for this company is the Stone Sweeper, which is geared toward the removal of kidney stones. Benchmark Assessments Executive Summary. The executive summary, which is the overview of the plan, is pretty good when it comes to the product description and what the product will be used for. What this doesnt tell us, however, is how and why this is going to make money. There are revenues and net earnings, but the idea that "detailed financial statements are available on request" would raise a red flag. The other major red flag of this benchmark assessment in this section comes in the area of personnel. There is no urologist mentioned -- and given that one of the market segments is urology, it seems as though this might be an important person to have, at least on the board of directors. Though the plan, in the later going, mentions two urologists on the board of directors, one would think that this is information that should go into the executive summary. Business Description. The company and business ...

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