PC Partial Business Plan

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Entrepreneurs turn a hobby or interest into a business. Others get their ideas from problems which they believe they have a better solution for. Think about an area of interest – or a problem you could solve with a new good or service. Assume you decided to launch this business next year. Create a partial business plan that includes the following sections (total minimum of 600 words):
1- Write a detailed outline of what makes your product or company unique.
2- Provide a thorough description of prospective customers.
3- Name three possible existing or potential competitors.
4- List at least five risks you can think of. For each risk, explain what it is and describe your plan on how to address it. Address each risk individually.

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Label each section. Use the textbook (Chapter 6, Business Plan) or the Small Business Administration website (www.sba.gov) as resources.


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