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Essay / Research Paper Abstract
This 8 page paper considers what should be out into a business report and the way that the information should be gathered and analysed in order to demonstrate the need and viability of building a roller rink. The paper looks at analysis models such as PEST and Porters Five Forces as well as financial tools such as NPV and IRR. The bibliography cites 5 sources.
Page Count:
8 pages (~225 words per page)
File: TS14_TEwriteBP.rtf
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Unformatted sample text from the term paper:
reviews. The potential investors or lenders will want to ensure that the money they are dispensing is secure and will give a good return. There are a number of consideration,
this will include the type of the business, justificatiosn that there is the demand exiting or that the demand can be created as well as the justification that the person
proposing the business is able to run the business to take advantage of the demand and crate a profit. For example, is there the demand for a roller rink in
the area, have there been other that have failed due to tack of demand, or are there other business that may be seen as complimentary nearby, such as restaurants and
other ensure activates which may help with the use of the cluster effect (Kotler, 2003). In addition to this there are also the aspect of financial planning, these earlier aspects
are justified by the general environmental analysis that shows how and why the business is a viable proposition, to consider this we will look at the different aspects in more
detail. For a business to survive and thrive there has to be the ability of a business to find and then meet a demand or create a demand. This
means that any idea needs to be examined for viability. The first stage of a business plan is to look at the environment, Ideas may be good but they are
not viable unless there is the demand for the goods. This means looking at the general market. There are a number of tools that can help with this such as
Porters Five Forces and a PEST Analysis, These look at the general environment and may also look at the more specific environment, such as the type of business and competitors.
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