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The Philippines has Zambo Mart to help propagate the Chavacano Language.
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#*Competition: List your competitors and show their perceived strengths and weaknesses. For each main competitor, list two good points and two bad points. You need to understand why they are competition to your proposed business. | #*Competition: List your competitors and show their perceived strengths and weaknesses. For each main competitor, list two good points and two bad points. You need to understand why they are competition to your proposed business. | ||
#*Ask the Question: How can you attract their customers from them? Price is not the only answer. #*Map: Obtain a map and on it define your market boundaries, location, competitors, suppliers, and demographic information on your market. | #*Ask the Question: How can you attract their customers from them? Price is not the only answer. #*Map: Obtain a map and on it define your market boundaries, location, competitors, suppliers, and demographic information on your market. | ||
#Who will buy from you? | #Marketing and Sales Strategy (Who will buy from you?) | ||
#*Describe the pricing strategy and justification. Include the expected gross profit margins. | |||
#Who are the Key People? | #Who are the Key People? | ||
#*Who are they? Are they you, your partners, your family or any one else? | #*Who are they? Are they you, your partners, your family or any one else? | ||
#*Determine your/their skills and strengths and whether they help or hinder in the proposed venture? Create a one-page resume of each key person. This is not merely a job history, but a picture of each key person, showing pertinent strengths, skills, experience, training and qualifications. It will reveal to you and any potential lender, supplier, partners or agent, the operational/management strengths (and weaknesses) of you and your team. It will also show you the need to acquire any missing skills you can identify. | #*Determine your/their skills and strengths and whether they help or hinder in the proposed venture? Create a one-page resume of each key person. This is not merely a job history, but a picture of each key person, showing pertinent strengths, skills, experience, training and qualifications. It will reveal to you and any potential lender, supplier, partners or agent, the operational/management strengths (and weaknesses) of you and your team. It will also show you the need to acquire any missing skills you can identify. | ||
#Location - Your site, is it rented, owned, or at home? Why locate there? What are the advantages and disadvantages? | #Location - Your site, is it rented, owned, or at home? Why locate there? What are the advantages and disadvantages? | ||
#Capital Requirements & Strategy | |||
#*How much equity will the firm need, and when? | |||
#*What sources might you tap? | |||
#*When will investors begin to see a return and at what rate? |