Business plan
The business plan and market study are crucial for a company wishing to grow, expand its operations, or create new ones. Indeed, in the case of a funding application with a financial institution or seeking funding from public and private organizations, it is essential to have a comprehensive business plan and a satisfactory market study with all necessary information such as:
- Market study to evaluate market share objectives, estimate turnover, and identify demand, supply, and the environment of the future activity or service;
- Business plan to identify the company's mission, vision, and entrepreneur's values, product or service offerings, market analysis (segmentation), competitive analysis, marketing strategy, and establish financial projections for 3 to 5 years;
- Business networking with suppliers and other strategic partners;
- Assembling various sources of financing and government assistance available for the project.