Business Plan Essay Example | Topics and Well Written Essays - 1000 words - 11

Business visualize - Essay ExampleAn effective business plan will be able to describe the proposed endanger in terms of the opportunities or threats of the products or services it offers, marketing forces, competition, business operation and its resources and financial projections (Leach & Melicher, 2008, p. 74). This reputation is a brief business plan for Wonder-BAR and it presents the what, where and why explanation of this business venture.Australia is one of the largest vino manufacturing business in the world since its wine exports have grown in an incredible place in upstart years and the country has become market leader in the UK and the second largest in the US (Austrade, 2008). Australias larger population and experiences accelerated growth are always positive signs for most industries in the country. The wine and bar industries in Australia have greater growth potential due to mass production with tension on quantity with quality (Gruda, Vries & Marsman, 2011, p. 6). As Wonder-BAR will be concentrating on superior quality wines, the high society will have greater opportunities and the company will be able to better seize this probability if it can meet specific as well as general customer-requirements for leisure, entertainment and natural charms. Wonder-BAR is proposing to stash away a new product in the brand name Choc-Vine, that will be prepared as a Chocolate Wine for meeting the needs of customers for small-wine treats. This will certainly attract large amount of customers since these small-treat Chocolate Wines can be used as an alternative to sweets for people on the go and on the walk.The Wonder-BAR will be operating as a Limited liability partnership, because this form of business has different advantages such as limited liability, minimum management responsibility and direct pass through of wage and loss for taxation (CCH Australia Limited, 2008, p. 133-