New business venture in the sultanate of oman
Task 1. Identify an innovative business idea investigating the opportunities in the Oman market to start your own business in Oman. The business idea should clearly demonstrate that you intend to solve a customer problem through your business proposal. 2. Prepare a ‘Business Plan’ for your business. The business plan should focus on crucial issues of strategic planning, market planning, and competitive analysis, operational, human resource, management, and financial planning. Specifically the business plan should include the following: · Executive Summary · Ownership Plan · Opportunity Analyses and customer problem and solution · Strategic and Competitive Plan · Marketing Plan · Operational Plan · Management and Human Resource Plan · Financial Plan (includes Income Statement and Cash flow statement) · Growth Plan (if applicable)

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