2 parts of business plan Business & Marketing Essay

2 Parts of a Business Plan
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2 Parts of a Business Plan
The change in market perception in the recent past has made a more significant percentage of the market to shift to the green market revolution. Most people have embraced businesses that are safer for the environment. Steam engine business will work best in the recent market shift to the green market as it safer to the environment compared to the petroleum driven engines. The business will be a boom as it will come up with unique models of motor vehicles, and the services will be relatively cheaper to the public as compared to the current ones. This will seek attention from the market, and more people will start investing in steam engine vehicles. This will indeed make the business start at a high pace, and it will have accumulated more than triple the initial capital investment in two years.
The first part of a business plan is giving details of operations and support. McKeever (2016), in his work explains that business operations are essential to the business as it enables it to answer the mission of the business. It also enables the employees to work in a well-organized environment, which enables them to meet various deadlines in the business. The operations will be divided into departments; under the management of respective departmental heads. Professionals will lead finance, human resource, marketing, and production departments who will be led by the managing director. The business will be situated in the busy industrial areas so that the busy lorries do not add congestion in town. The plan intends to start beating deadlines for the goals and the daily operations within the first year when the business resumes. For the organization to meet the goals, the human resource needs around $3 million for labor operations, while the finance needs around $5 million to buy the raw materials to get started. These operations will be supported by well-set objectives for eff...