•   State your chosen business type, its
trading name and what product (ideally manufactured but not
necessarily) you intend to sell. Â
Provide in your own words, background as to the general price
of similar goods available in the market, known competitors,
assumptions about quantities and cost prices based on research in
the market.
Clearly identify a target selling price for your company’s
product, using supporting arguments from your research of the
current market and any other source.
Your product cannot be a service and may be either
manufactured or bought fully made ready to sell. (Max 700 words).
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(Marks:
20%)Â Â Â Â Â Â Â Â Â Â Â Â Â Â
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•   Provide in the main body of the
report any assumptions you have made about costs, revenue, demand
and supply in order for the reader to understand your calculations
contained in your operational budgets. This will involve explaining
how you calculated the unit costs elements.
Also, provide a brief description of any manufacturing
process (supply chain process) you need to go through to get the
product to market.
Explain your assumptions about any credit facilities you will
use, timing of cash flows and any assumptions to support your Cash
flow budget. (Max 900 words
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