Entrepreneurship

A structure of organizations, people, activities, data, and resources involved in moving a product or service from supplier to customer.

• supply chain

• value chain

A set of activities that an organization carries out to create value for its customers

• supply chain

• value chain

It may either be a sole proprietorship, a partnership, or a corporation, engaged in merchandising, manufacturing, or service

It is also referred to as the transformation or conversion process. It is the stage of production where the materials are transformed into the final product with the aid of manpower and machine.

It talks about human labor force involved in the manufacture of products.

• Manpower

• Method

• Machine

• Materials

It simply refers to the raw materials necessary in the production of a product.

• Manpower

• Method

• Machine

• Materials

It refers about manufacturing equipment used in the production of goods or delivery of services.

• Manpower

• Method

• Machine

• Materials

It refers to the process or way of transforming raw materials.

• Manpower

• Method

• Machine

• Materials

It describes the factors of how an organization creates, delivers, and captures value in economic, social, cultural or other contexts.

Components of a Business Plan

This part discusses what the business plan is all about. It contains a general overview of the business plan, including a brief company description, goals and objectives and the purpose of starting the company.

• introduction

• executive summary

• management section

• marketing section

• financial selection