One of the most important elements in a business plan is the market analysis.
I attached the Market Analysis Research document that the assignment is referencing. We previously did a paper on Mobile Registrations, Inc. that we should be able to reference for most of this assignment; no need in recreating the wheel as the references are already in place as well. If can’t locate the Mobile Registration paper, I’ll see if I can find it from a previous post.
Assignment Content1.
Purpose
MBA Business Plan componentContext
One of the most important elements in a business plan is the market analysis. A market analysis is a qualitative and quantitative assessment of a market. It includes data collection and estimation in reference to the market size and value; characteristics of the intended customer base; in-depth understanding of the competition; barriers to entry and the regulatory environment. An accurate and detailed market analysis allows entrepreneurs to determine whether the market is sufficiently large to build a sustainable, profitable business. In this assignment, you will prepare a portion of the market analysis for your proposed business. You will create a report that can be included as part of your digital portfolio.Instructions
Write a 525-word report that includes the following sections:
o Section 1: Business overview, mission and vision
o Section 2: Market analysis
o Section 3: RecommendationUse the Market Analysis Research document for details on what to include in each section.- attached
Cite references to support your assignment.