Camellia oil export from China to Canada business plan
Written Business Plan Requirements
Your business plan must contain the following elements:
1. Executive summary
2. Business Strategy and strategies to monitor and evaluate the success of the international business plan
3. Marketing Strategy (Product, Price, Distribution and Promotion)
· Market needs analysis
· Market size, description of buyer(s)
· Impact of market variables (e.g., culture, religion, environment, education, politics)
· Competitive intelligence
· Market entry strategy and rationale
· Marketing objectives
· Marketing plans to maximize sales and profits
· Harmonized code
· Supplier selection details and rationale
· Any relevant trade agreements
· Import regulations, any technical standards
· Related tariffs and taxes
· Marking and labelling requirements
· Any product warranties and/or related services
· Packaging
· Calculations for your purchase price, landed cost, possible re-sale price and suggested price to end user, including related strategies
· Initial break-even analysis
· Sales and promotion strategies and rationale (e.g., trade shows, trade missions, marketing initiatives)
· Risks associated with the marketing plan, how to detect them and possible controls
4. Operational Plan (Day-to-day and overall)
· Logistics plan, including sourcing and production plans, inventory management, e-procurement, order processing, shipping and transportation, Incoterms, customer service, etc. and related rationale
· Warehousing
· Outside service providers and strategies to support global supply chain management (e.g., freight forwarders, transportation specialists, customs brokers, financial institutions, insurance companies, etc.)
· Completed import documents, including B3-3 (Canada Customs Coding Form), Certificate of Origin or D11-4-2 9 (Proof of Origin), CI1 (Canada Customs Invoice) or commercial invoice, required import permits, certificates, licenses or other documents
· Compliance issues and their impacts
· Other facilities requirements
· Brief description of routine (daily, monthly, etc.) routine activities
5. SWOT Analysis (Strengths, Weaknesses, Opportunities and Threats), including strategies to respond to market changes and trends
6. Human Resource Plan
· Number of positions
· Position responsibilities
· Growth plans
7. Social Responsibility Strategy
· Strategies for corporate sustainability, possibly including ISO practices
· Social responsibility principles and practices
· Strategies to ensure business decisions are based on ethical principles
8. E-business Strategy (Websites, social media, etc.)
9. Financial Forecasts
· Any strategies related to digital financing
· Landed cost
· Break-even analysis
· Marketing budget with explanation (3 years)
· Sales forecast and rationale (3 years)
· Overall budget (3 years)
· Cash flow (1 year)
· Return on investment calculation
· Financial and risk management strategies
10. Business Exit Strategy
· Factors that will influence the decision to exit
· Preferred exit option(s)
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Camellia oil export from China to Canada business plan was first posted on March 5, 2020 at 3:45 am.
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