Preparing the Paper

A business plan is a detailed plan for a proposed program, project, or service.

The following sections should be clearly present with headings and complete. Use the headings provided in the outline below.  Remember, there is no heading used for the introduction section.

1. Clearly introduce your business-plan assignment in the Overview section. This should be no longer that one paragraph. Include purpose of your assignment, PICOT as basis for and purpose business plan, and what will be covered in the assignment.
2. Include a clearly articulated cover letter written in business letter format, active voice, and exactly as it would be read by leadership. Include overview of issue, proposed solution, and action request.  There should be no other content on this page except for the business letter.
3. Present a captivating executive summary that is interesting and captures the interest of leadership and draws them in to read further. Content includes (1) a description of the proposed project, program, or service, (2) why it is being proposed, and (3) what outcomes are most likely to occur as a result.
4. Detailed Abstract expands the three areas of the executive summary.
   1. Expand description of project purpose
   2. Issue/problem defined; supportive evidence for project
   3. Expected outcomes and project timeline
   4. Marketing/needs analyses and plans at least two strategies
   5. Fit with mission of organization
   6. Fit with current services
   7. Financial plan including budgetary needs
   8. Financial impact on stakeholders (organization, patients, unit of service, community)
   9. Break-even analysis and cost/benefit analysis results with reference to actual budget and analysis in appendices
5. Appendices should include any financial tables, charts, or graphs, or other supporting documents referred to in the detailed abstract.  The business plan worksheet should be included in the appendices.
6. Conclusion for the paper includes an overview of what was covered in the paper, strengths and weaknesses of the plan, and plan for seeking proposal approval.
7. The paper length will be seven pages maximum including the appendices and excluding title and reference page(s).Note: If you go over the paper length, the additional information will not be read nor considered for part of you grade by the instructor.

Solution

Business Plan

The purpose of this assignment is to provide a detailed business plan in starting medical sports equipment which will be used by our target market to keep physically fit as well as rehabilitate injuries. It entails budget estimates, sources of capital, financial statements as well as the strengths and weaknesses of the plan (Ferreras-Garcia et al., 2019). The target population for the manufacturing firm will be physical fitness centers, home-based trainers, sports centers, health centers, and education institutions (Ellapen & Paul , 2016). The company will ensure supply, maintenance, and repair of medical sports equipment to clients. This will ensure increased physical fitness and rehabilitation training. The outcome of the business plan is to ensure availability and access to medical training equipment by clients. The business is expected to break even after 1 year and continue making profits through research and manufacture of new products. This business plan will be used to look for investors who will aid in providing the capital base for manufacturing sports medical equipment. The business plan entails the purpose of the medical equipment manufacturing firm, the target population, the budget, and start-up costs, break-even analysis, cost-benefit analysis, marketing tools and strategies, SWOT analysis, and various financial statements (Ferreras-Garcia et al., 2019)………..please follow the link below to purchase the solution at $15