2-2 Final Project: Business Plan Milestone Two: Environmental and Industry Analysis
Please read attached file Hide Assignment Information Turnitin® Turnitin® enabledThis assignment will be submitted to Turnitin®. Instructions Milestone Two: Environmental and Industry Analysis Chapter 3 gives a good overview of Environmental issues, while the article located in the module reading and resources area will support your analysis. The Environmental Analysis consists of two major elements, 1) an analysis of the internal factors that effect a small business and 2) external factors that effect a small business. The internal analysis assesses the strengths and weaknesses of your company. It identifies what it is that your company can do well, as well as what it can do better. The external analysis assesses the opportunities and threats present at the time the business plan is written. Use the external analysis to identify trends and changes that are happening outside of a company’s control (at the local, national, and/or international levels) which may influence the future of the business. Such external categories as economic, competitive, legal, political, cultural, and technological can all affect your business and should be included in the external analysis. Also, you will do an industry analysis that will describe the industry within which your business will operate. In your analysis, include the size of the industry (amount of revenue generated) and whether the industry is growing, stable, or declining. Also, focus on specific industry trends. To complete this assignment, review the prompt and grading rubric in the Final Project Guidelines And Rubric document. When you have finished your work, submit the assignment here for grading and instructor feedback. **I approve of the Project Proposal for your Final Project: Business Plan Purpose – Startup/Restaurant, Business Name – Community Delicacies, Business Structure -??. For this assignment, I suggest you presume the grand opening for 6-12 months from now (March – August 2022). Now that I have approved of your business idea for the final project, Milestone 1 becomes the Company Overview section of the final version of the Business Plan. Milestone 1 may be written in 1st person; however, the Company Overview section of the final Business Plan and all remaining milestones (2-7) must be written in 3rd person.
2-2 Final Project: Business Plan Milestone Two: Environmental and Industry Analysis
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