Question

In: Operations Management

Create a emergency pandemic plan for the sports franchise of your choice using the text CHs...

Create a emergency pandemic plan for the sports franchise of your choice using the text CHs that we have gone over to outline your plan.

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Expert Solution

The sports business idea is not only for making money. Making a business plan does not have to be complicated. General kinds of a business idea involve the following: Company description: Give a check of the franchise and its past to the lender. It will also give a small outline of the franchise's service or commodity. Service/product description: States the franchise's service and merchandise will give the buyer.

Market analysis: Utilizing this area to give the possible lender that it is not going into a business move on an urge. Focus on the given part (trade) in which the franchised business will have existed. Management structure: This part provides a view of the persons in charge of the franchise's everyday work, especially as the holder. Marketing plan: 'How the business is approaching to get buyers?' is the critical question that needs to answer. Financials: This is the flesh of the business plan, in this part, not only the question for the money they want. Give the lender a big view of the financial situation as well. Appendix: The appendix expertly is not a part of the business idea, but an added element to show commodity that would increase the presentation level. There are many different tolerable kinds. The data of business plan parts will differentiate importantly due to causes involving the franchise system, the type and amount of loan sought, and the franchisee's background.

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