Business Strategies
The secret of success of many companies is the perception to discover the needs of the market and create products that meet those needs, in other words, capture ideas and transforms them into opportunities. But also, the preparation that these companies have to launch a brand, product or expand their business. Be aware of all the steps and more technical details of this plan process, can decide important issues, which if unresolved, could disrupt the businessman's plans. The strategy will be responsible for tracing all the way to go until the start of your business, and expresses all details about it. It is through the business plan that the businessman know if everything are going on the right way and what adjustments need to do along the way to ensure the success of the company.
Furthermore, allows to test the viability of the business and make it legal and prosperous. This report aims to address the issues relevant for the opening of a new business, be it products or services. As an example, a small rapid prototyping company will be used, named Derby Prototype Company, which will be simulated scenarios of operation, cash flow, necessary documents for operation, contract employees, bills to pay and common decisions about planning a new business.
Keywords: Business Plan; Start a company; Financial Scenarios; Rapid Prototype;
2
University of Technology
Dept. Engineering
Contents
Executive Summary................................................................................................................................. 2
Table of Figures ....................................................................................................................................... 4
1.
Introduction .................................................................................................................................... 5
2.
Review of the Business`s Bases