Start-Up Phase

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Start-Up Phase Test-Phase

Number of Months & Date Range___2_ Months (or weeks)From: _____January____ To: _February_______ Number of Months & Date Range___3_ Months (or weeks)From: ___March_______ To: ________May____

Major Objectives

1) Understand and Write Business Plan

2) Design/Build Product (or Service)

3) Organize business

4) Build organization

5) Operationalize Major Objectives

1) Learn Market Preferences

2) Test Market

3) Build Customer Base/Following

4) Exposure5) Generate revenue

Specific Activities (Checklist)

1. Raise capital

2. Identify reliable suppliers

3. Identify target market location

4. Identify market gap

5. Introduce product to market

6. Monitor competition

7. Buy assets eg blending machines

8. Specific Activities (Checklist)

1. Get customer feedback

2. Grow marketing strategies

3. Employ more staff

4. Create variety of products

5. Identify new target markets

6. Open a new branch

7. Expand social media platforms

8.

Detailed Expenses

1. Rent

2. Electricity

3. Supplies

4. Transport & travel

5. Repair & maintenance

6. Miscellaneous

7.

8. Detailed Expenses

1. Employee salaries

2. Rent

3. Electricity

4. Transport & Travel

5. Repair & maintenance

6. Miscellaneous

7. Supplies

8. Telephone & internet

Total Anticipated Budget

$ 4,000.00 Total Anticipated Budget

$ 8,000.00

Anticipated Working Capital Needed

$ 2,080.00 Anticipated Revenue & Profit/LossRevenue: $ 400.00Profit/Loss: $ 5,500.00