In Groups of 3 you are required to develop your business idea. It is assumed that your business is either a start-up or has been trading for less than a year.

The BUSINESS PLAN consists of setting up a company named OSM Nutrition located in uk. We will produce and sell nutritional supplements formed by the collaboration of three partners. The sale of the products will be done online and the product cannot be the object of the promotional wave. In the first year we will launch on the market a fat burner called `ripped `and in the second and third year we will also introduce a protein powder and amino acids. The insertion of price tables like attached ones and the projection for three years will be mandatory.

For the first year ripped will be produced like powder, liquid and snacks and will have different flavors ……

           This business plan mainly refers only to the first year and the first product. only the other two products should be remembered and the table with the financial development should contain the information for three years

 

ASSIGNMENT QUESTION

Scenario: In Groups of  3 you are required to develop your business idea. It is assumed that your business is either a start-up or has been trading for less than a year.

 

It is assumed that you’ve obtained a grant or business start-up loan for £20,000 to be paid back over period of no more than 5 years. Students can add up to £5000 (Savings) per person to the £20,000 loan. Which means group of three will have a maximum of up to £35,000 to start the business.

 

You must not exceed the stated budget Realism is the key emphasis of the assignment.

 

TASK

 

You must produce an individually written business plan of approximately 2000 words including the 300-word template that explains the business idea that you have worked