For the questions below I am looking to open an online business selling alcoholic infused cupcakes ranging from a dozen to catering entire events. This business will be based in Michigan. The average cost of a dozen cupcakes will be $30(mini) $40(standard) $45(jumbo) plus tax and shipping.
Your presentation must
· include a succinct analysis of the industry in which your business will operate
· include a succinct analysis of the market in which your business will operate
· clearly identify your target market segments and their size
· summarize your competitive advantage and key differentiators
· include an estimate of your likely market share and first-year sales
· identify the likely profit margins and return on investment that are typical in the industry your business will operate
· clearly indicate the necessary start-up costs and state how you expect to fund the business