Applied business Project

Abstract

Business planning commonly includes the idea-collection in the formal business plan which can outline the business summary and its current state as well as the broader market stated along with the steps in detail that the business can take to improve its performance for the coming period. Business plan is not just about the money. According to Kenny et al., (2012), business planning would take place when the business stakeholders sit down and flesh out the goals of the business along with the action, and strategies that would be envisioned by them to secure the survival of the business along with its growth and prosperity. The project generally highlight the plan for a clothing business named "SearchBuyLove" which helps to think about the business objectively and make a decision to move it forward. This is crucial for the business investment to grow in the market and industry. The main objective of the report is to prepare a formal business plan on the behalf of the business that ensures success and enables to get investment and funds from banks, businesses, and investors to grow business in the sector of clothing. At the current business is launched and operating and all of its products would be sold via an online mobile application and website.