Executive Summary for a New Business Startup

Check out more papers on Competition Risk Risk Management
EXECUTIVE SUMMARY Business Type: Partnership Services Our organization will provide products such as computers, peripherals , stationery, furniture, office products, interior decorations, delivery. Customers Our customers are allover Canada and we are going to operate our business in Toronto. Our main customers are as follows : 1. Students 2. All ranges of office 3. Industries Our management The Organogram of our business is lead by the CEO and is the person who leads the human resource manager, supply chain manager and import manager. Competition Of the companies that we evaluated, Staples is a major player in this market with a huge product range and a well established distribution system. It will take time for us to reach their level and compete with them. Another company that we identified as being close to our competition range is known as FridRussell. Their product range is almost similar to ours and is based in 6-7 cities. Our efforts will be to find the right size for our business which will enable us to respond promptly to our customer needs as compared to our competitors. Risk Management Of course there are risks when we start a new business and these risks would be the changing demand of the customer in the market . Risks are higher when we start and keeps on decreasing as we proceed. To overcome risks we would have to identify ,assess and prioritize the risks involved. To manage the risks the risks has to be transferred to another party by way of contracts.
Did you like this example?

Cite this page

Executive Summary for a New Business Startup. (2017, Sep 25). Retrieved March 29, 2024 , from
https://studydriver.com/executive-summary-for-a-new-business-startup/

Save time with Studydriver!

Get in touch with our top writers for a non-plagiarized essays written to satisfy your needs

Get custom essay

Stuck on ideas? Struggling with a concept?

A professional writer will make a clear, mistake-free paper for you!

Get help with your assignment
Leave your email and we will send a sample to you.
Stop wasting your time searching for samples!
You can find a skilled professional who can write any paper for you.
Get unique paper

Hi!
I'm Amy :)

I can help you save hours on your homework. Let's start by finding a writer.

Find Writer