The project report for a startup/new business venture is the road map for the business enterprise to be successful. It is advisable to keep the language simple as well as lucid in a business report. Present the logical conclusions in the report. Incase discussions are not been inclusive in the main body, include it in the conclusion else keep this section small.
It does discusses whether the business requires finance or not, it’s challenging risk, numerous problems en route. Hence, it becomes vital for all new ventures to prepare a project report to acquaint themselves regarding the forewarning issues.
Format for New Business Project Report
The below are the major pointers which needs to be included while preparing a project report.
Profile of the customers
Objectives both long-term as well as short-term
To undertake viability assessment of the proposed new business ideas with regards to technical feasibility, marketability, financing, and regulatory regulations
Must be able to prepare relevant business plan
Should recognize and document fundamental startup issues
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