MSCS Young Entrepreneur. A sample project by Mrs. B. Project Overview.
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This business proposal has been created to present the new and exciting Blobdorg to potential investors. The Blobdorg is an essential product or good that all consumers will be interested in. The Blobdorg has been created by Blaine Cottage Industries.
This is where you give a detailed description of your product. What is a Blobdorg? What does it do? What do you do with it? Will it be scented? Will it have a specific pattern or colour? Will it be custom ordered? …
Explain whether your product is a good or service. Why does it fit into this category?
What is your expected supply and demand? How many of your good do you think you’ll sell? How many people do you think will pay for your service?
Based on this information, what is your pricing strategy? Will you give discounts? How much should you charge for your good/service to make a profit? Where is your anticipated equilibrium point (where supply is equal to demand)? At what price will you lose money?
Create a list of all supplies that you will need to assemble your product and their price. (This includes items you already have. For example: if you are baking you must account for the salt you use in the cookies even though you’ll probably not buy a new box ) Remember tools to put it together and packaging supplies.
How much does each item cost? What is the yield (how many Blobdorgs can I make with 1 package of Blob nuggets?