FORMAT FOR NEW BUSINESS CONCEPT STATEMENT
FORMAT
FOR NEW BUSINESS CONCEPT STATEMENT
1. Product/Service/Business
Brief description of
the product/service/business
2. Target Market
Brief description of
targeted customers and location of business
3. Why the Product/Service/Business
Brief
justification/rationale for the product/service/business
4. Special Features of the Product/Service/Business
Brief description of
added-values/distinguished characteristics
5. Management Team
Brief description of
training/expertise/experience of the business founders
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