The document discusses the importance of developing a proper business plan and strategy for launching a new business. It identifies key elements that should be included such as understanding the target market and competition, developing innovative products and services, establishing an effective advertising and marketing strategy directed at local customers, leveraging resources from the local University, and ensuring necessary financial and personnel resources are in place.

1. A. Why is it important to launch this business? Identify three ways in which this business might help the local community? Investors look for management teams with a thorough knowledge of their target market. So, Investors good motivatin and good grade.Understanding our competition's strengths and weaknesses is critical for establishing our product's or service's competitive advantage.If we find a competitor is struggling, we need to know why, so we don't make the same mistake.What resources and processes are necessary to get the product to market is section of the plan should describe the manufacturing, R&D, purchasing, staffing, equipment and facilities required for our business.The success of a business can often be measured by its employees. Seventy percent of consumers will go elsewhere if they don't receive prompt and courteous service. We must consider the following questions in completing this section of the business plan: B. Ideas for launching this business. Identify 5 innovative things you might want to do for developing this business. <br />・We study wide sports. Business becomes advantageous by having the knowledge of a lot of sports. We check it for the latest sports.・Any sports examine it before popularity puts an article on sale. We put the article of popular sports on sale chiefly.・We make a lot of advertising wide. It is important to make the advertising that a visitor wants to come for.・It is very important to make a strong article. A visitor is pleased with making a strong article. We want to devise it to make it soundly.・We sell an article as possible cheaply. The designs are important, too, but our company plays with inexpensiveness.<br />C. How should your business reach out to the potential customers? What might be some of the ways you will advertise your company. <br />I think that our company should have the potential customers take enough in the strong point of our company and our company charms.It was for that purpose that our company performs an advertisement having the potential customers understand accurately the charm of our company. (Our company charm that “our shop have a wide selection of sporting goods in Aizu and surrounding areas”, ”our shop offer waiting on customers service of high quality” ,and “our shop sell sporting goods for the market lowest price ” )As a concrete example of the advertisements, our company issues a flier every week and televises an individual commercial when our shop holds a campaign and sale. D. How should you advertise your products? Develop a proper advertising strategy to market your product to the local community. Write a slogan for your advertisement.<br />To understand the strong point of our company in all age group, we think about an advertisement strategy as follows.First, our company issues a flier every week all over in the whole sales network of our shop; because, our shop have a shop come to the store to many visitors by doing guidance and the guidance of the recommended article of the good bargain article to more visitors.Second, our company televises an individual commercial when our shop holds a campaign and sale; because, our company and shops do not win through up to an impression by the general commercial, our company and shops leave the impression of our company for a visitor by televising an individual commercial. E. How could the University of Aizu assist your business? Explain elaborately.<br />The University of Aizu is world-class studying the field of computer science and technology. For example, the University of Aizu is researching on the CPU that the processing speed is faster than conventional model, various software that useful comfortable life of people, and the computer network system that is not affected by a network glitch.Putting such a study of computer science and technology to use, the University of Aizu helps our company to build software and the computer network that are necessary for manage a company and administration of our store.So, our company wants Aizu University to assist in technical when we develop an inventory management system, a sales management system, and a human resource management system. F. What are the resources you need to start the business? Do you need to employ people, do you need furniture, computers for your store, etc?. Identify everything that you need. <br />The thing which is necessary to launch business is a fund and staff security. This is the resources which I do not miss though a company makes ends meet. When there are not a lot of employees, the company does not grow big. The number of people is necessary to share posts. The company official wants to raise the capacity for organization to work. You must choose a person if you do it systematically. I ascertain it to choose an excellent talented person. Besides, I think the important resources to be information. I think that the information is important to produce a good article. G. Give an example of a company who sells similar products in the market. How do they sell their product. Do an internet search for what they sell, the prices, discounts etc they offer etc and report it here. At first, is is necessary to start work. No bussiness plan, country can not work, and happen a lot of troble. It is important to retain teamwork. If teamwork is not there country can not do anyting. Typically, an entrepreneur is someone who sees a need for a product or service and has a goal for how the company can fulfill that need. However, that's just the beginning. In order to be successful, the entrepreneur prepares a business plan to assist in achieving that vision. The business plan is the structure that supports and enhances the idea to improve the ability to succeed.Read more: Business Plans: Are They Really Necessary?Get more information on Entrepreneurship<br />