Can you use the document below and ignore the above one please. Let me know if there is any clarrification or correction you need
Running Head: REDPACK BUSINESS PLAN ANALYSIS
Case Study: RedPack Business Plan
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REDPACK BUSINESS PLAN ANALYSIS
Question 1: Structure & Components of a Business Plan
The RedPark business reveals how a business plan should look like and the components
that make it. A business plan structure comprises of six major parts. The first one is the executive
summary or product description, description of the business and structure, marketing strategies
and research, the management and personnel of the organization, and the different financial
documents that show any capital needed to start up and run a business using the business idea. It
should be able to describe the specific type of operation that a company will be running, how it
shall be incorporated into action, the total amount that the business will cost in starting up, the
source of getting funds or sponsorship, and the time it will take before attainment of stability
Question 2: Why RedPack’s Business Plan Was Good
According to the Professors, the reason why RedPack business plan was good is that it
fulfilled all the component of an effective business plan. In the table of contents, one can see that
the authors developed all the elements of a business plan even though they use different titles.
Additionally, before coming up with the business plan, the authors do thorough and in-...
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