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Worksheet_Business Selection

This worksheet assists businesses in evaluating potential new ventures or significant business changes. It guides users through a structured assessment of various factors to inform decision-making.

Updated 15d ago
business selectionnew venturebusiness developmentstrategic planningSMESouthern Africaevaluationworksheet

Company Letterhead

{{company_name}}

{{company_address}}

Phone: {{phone}}

Email: {{email}}

Website: {{website}}

Worksheet Title & Date

Worksheet: Business Selection

Date: {{date}}

I. Proposed Business/Venture Details

Name of Proposed Business/Venture: {{venture_name}}

Brief Description: {{venture_description}}

Date of Proposal: {{proposal_date}}

Prepared By: {{preparer_name}}

II. Market Analysis

Target Market: {{target_market}}

Market Size & Growth Potential (in ZAR/USD): {{market_size}}

Key Competitors: {{competitors}}

Competitive Advantage: {{competitive_advantage}}

Barriers to Entry: {{barriers_to_entry}}

III. Product/Service Offering

Detailed Description of Product/Service: {{product_service_description}}

Unique Selling Proposition (USP): {{unique_selling_proposition}}

Pricing Strategy: {{pricing_strategy}}

Distribution Channels: {{distribution_channels}}

IV. Financial Projections

Initial Investment Required (in ZAR/USD): {{initial_investment}}

Projected Revenue (Year 1, 2, 3): {{projected_revenue}}

Projected Expenses (Year 1, 2, 3): {{projected_expenses}}

Projected Profitability (Year 1, 2, 3): {{projected_profitability}}

Break-Even Point: {{break_even_point}}

V. Operational Considerations

Required Resources (Human, Capital, Technology): {{required_resources}}

Key Personnel & Skills: {{key_personnel}}

Legal & Regulatory Requirements: {{legal_regulatory_requirements}}

Location/Infrastructure Needs: {{location_infrastructure}}

VI. Risk Assessment

Identify Potential Risks (e.g., market, operational, financial, regulatory): {{potential_risks}}

Mitigation Strategies: {{mitigation_strategies}}

VII. SWOT Analysis

Strengths: {{swot_strengths}}

Weaknesses: {{swot_weaknesses}}

Opportunities: {{swot_opportunities}}

Threats: {{swot_threats}}

VIII. Recommendation and Conclusion

Based on the assessment, provide a recommendation: {{recommendation}}

Justification for Recommendation: {{justification}}

Next Steps: {{next_steps}}

Signature Block

___________________________

{{reviewer_name}}

{{reviewer_title}}

Date: {{review_date}}

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