ENTREP

is actually the

roadmap of the new business.

It is the only single written

document that must be prepared

before opening a new business or

expanding an existing business.

• Business Plan

• Market

• Market Plan

• Target Marget

on the new business

idea should have

positive result,

• Test of possibility

• Test of Feasibility

• Business Plan

or viability, can be conducted. The

primary objective of the feasibility study

is to determine whether the proposed

business is feasible or not in all areas.

• Test of Possibility

• Test of Feasibility

• Market Plan

Is a business or marketing statement that summarizes why a consumer should buy a company product or use its service.

• Unique Selling Proposition

• Market plan

• Value Proposition

Refers to how you sell your product or services to your customer.

• Unique selling proposition

• Market plan

• Value proposition

clearly sets you apart from your

competition, positioning you the more logical

choice.

• Unique

• selling

• proposition

It persuades another to exchange

money for a product or service.

• Unique

• Selling

• Propositon

market targeting is a sage in

market identification process

that aims to determine the

buyers with common needs

and characteristics.

• Target market

• Market target

• target

-a size of arena where the

entrepreneur will play their

business.

• market size

• business size

• value size

Can be defined as the process of gathering , analyzing and interpreting the information about the products or the services

• market research

• data collection

• survey