Business+Plan

= Business Day =

Ice Breaker Social Enterprise Skills Audit Company Formation Wiki Ideas Exchange Business Plan All businesses are required to present a business plan to their banks and backers to show that they have properly researched their market. Your groups are going to prepare a small part of this business plan to show that you have a full understanding of your product & market.

Set up a new page on your wiki for your business plan.

Vision
Between your write a paragraph explaining your company vision. Outline what you hope to achieve for yourselves and your company.

Mission
What is your company mission - make a one sentance statement about your companies mission. What are your companies values.

USP
Unique Selling Point - what is the one thing that makes YOUR business unique - different from the others. You will use this in your marketing

SWOT Analysis

 * **S**trengths
 * **W**eaknesses
 * **O**pportunities
 * **T**hreats

Strengths and weaknesses are internal factors and affect the present (what are you good at, what do you struggle with?) Opportunities and threats are external factors and may change over time (is there a gap in the market, what are your competition doing?)

Set up a mindmeister account and complete a SWOT analysis as a team.

When completed embed this into your business plan page on your wiki.

Ice Breaker Social Enterprise Skills Audit Company Formation Wiki Ideas Exchange Business Plan