Instructions: In 300 words answer questions below
The next step you will take in developing your Business Plan is to describe the venture’s
product or service (step 7) and identify the location and layout (step 9).
Products and Services
Features: Describe in depth your products or services (technical specifications, drawings,
photos, sales brochures, and other bulky items belong in Appendices).
Customer Benefits: What factors will give you competitive advantages or disadvantages?
Examples include level of quality or unique or proprietary features.
What are the pricing, fee, or leasing structures of your products or services? Production
How and where are your products or services produced?
Explain your methods of: Production techniques and costs Quality control Customer service Inventory control Product development Location & Layout
A. Location
a. Demographic analysis
b. Traffic count
c. Lease/rental rates
d. Labor needs and supply
e. Wage rates
B. Layout
a. Size requirements
b. ADA compliance
c. Ergonomic issues
d. Layout plan

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