Entrepreneurial Opportunities Plan Entrepreneurial Opportunities Plan Part I. Your Name: Bernardre Pressley Your Business Name (Q company): Healthcare Opportunities: 1. Opportunity 1: Complicated rapid modifying landscape 2. Opportunity 2: Tapping into AI potential 3. Opportunity 3: Developing CI and Cloud 4. Opportunity 4: AI application Plans to Capitalize on them (explain in 1-2 paragraphs): To be competitive the Q enterprises can capitalize their R&D designs to escalate the discovery procedure. Integrating AI in the hospital centers might enable the business to select their resilient potential regarding their competitors (Hirmer & Guthrie, 2017)). Cloud computing might apply to substitute AI-powered equipment since they collect information for diverse platforms. CI websites, for instance, PRECIZON from WNS, have been created in quick R& D acceleration through AI unbalance. The market pace might advance the Machine learning requirement for the actual time applications recommendation in addition to the content categorization (Karimi et al., 2016). Distributed on Cloud, such technologies might be combined into different basic designs with individualized information present in every gadget Energy Opportunities: 1. Opportunity 1: Collaboration in addition to partnerships 2. Opportunity 2: Technology investment 3. Opportunity 3: Growth as well as an international extension 4. Opportunity 4: New medium as well as supply methods Plans to Capitalize on them (1-2 paragraphs): Q company might use the substantial method to deal with the issues, for instance, regulation compliance, supply chain price management as well as international market access. Besides, the organization can use the top methods to advance competitiveness as well as effectiveness. Organized technology investments might allow better commodity security Education Opportunities: 1. Opportunity 1: Tutor finder 2. Opportunity 2: Online tutoring 3. Opportunity 3: Educational toys 4. Opportunity 4: Teacher online resources Plans to Capitalize on them (1-2 paragraphs): The business opportunities in education can be capitalized on using diverse strategies. One can formulate a web-centered application that enables the learners to locate private instructors’ operation. It might be possible through having native tutors to formulate a profile using information related to their professional backgrounds in addition rates (Raikar et al., 2018). Besides, an individual can also offer online teaching sessions and produce or source learning toys. References Hirmer, S., & Guthrie, P. (2017). The benefits of energy appliances in the off-grid energy sector based on seven off-grid initiatives in rural Uganda. Renewable and Sustainable Energy Reviews, 79, 924-934. Karimi, S., Biemans, H. J., Lans, T., Aazami, M., & Mulder, M. (2016). Fostering students’ competence in identifying business opportunities in entrepreneurship education. Innovations in education and teaching internation ...

1. Entrepreneurial Opportunities Plan
Entrepreneurial Opportunities Plan
Part I.
Your Name: Bernardre Pressley
Your Business Name (Q company):
Healthcare
Opportunities:
1. Opportunity 1: Complicated rapid modifying landscape
2. Opportunity 2: Tapping into AI potential
3. Opportunity 3: Developing CI and Cloud
4. Opportunity 4: AI application
Plans to Capitalize on them (explain in 1-2 paragraphs):
To be competitive the Q enterprises can capitalize their R&D
designs to escalate the discovery procedure. Integrating AI in
the hospital centers might enable the business to select their
resilient potential regarding their competitors (Hirmer &
Guthrie, 2017)). Cloud computing might apply to substitute AI-
powered equipment since they collect information for diverse
platforms.
CI websites, for instance, PRECIZON from WNS, have been
created in quick R& D acceleration through AI unbalance. The
market pace might advance the Machine learning requirement
for the actual time applications recommendation in addition to
the content categorization (Karimi et al., 2016). Distributed on
Cloud, such technologies might be combined into different basic
designs with individualized information present in every gadget
Energy
Opportunities:

2. 1. Opportunity 1: Collaboration in addition to partnerships
2. Opportunity 2: Technology investment
3. Opportunity 3: Growth as well as an international extension
4. Opportunity 4: New medium as well as supply methods
Plans to Capitalize on them (1-2 paragraphs):
Q company might use the substantial method to deal with the
issues, for instance, regulation compliance, supply chain price
management as well as international market access. Besides, the
organization can use the top methods to advance
competitiveness as well as effectiveness. Organized technology
investments might allow better commodity security
Education
Opportunities:
1. Opportunity 1: Tutor finder
2. Opportunity 2: Online tutoring
3. Opportunity 3: Educational toys
4. Opportunity 4: Teacher online resources
Plans to Capitalize on them (1-2 paragraphs):
The business opportunities in education can be capitalized on
using diverse strategies. One can formulate a web-centered
application that enables the learners to locate private
instructors’ operation. It might be possible through having
native tutors to formulate a profile using information related to
their professional backgrounds in addition rates (Raikar et al.,
2018). Besides, an individual can also offer online teaching
sessions and produce or source learning toys.
References
Hirmer, S., & Guthrie, P. (2017). The benefits of energy
appliances in the off-grid energy sector based on seven off-grid
initiatives in rural Uganda. Renewable and Sustainable Energy
Reviews, 79, 924-934.

3. Karimi, S., Biemans, H. J., Lans, T., Aazami, M., & Mulder, M.
(2016). Fostering students’ competence in identifying business
opportunities in entrepreneurship education. Innovations in
education and teaching international, 53(2), 215-229.
Raikar, M. M., Desai, P., Vijayalakshmi, M., & Narayankar, P.
(2018, September). Upsurge of IoT (Internet of Things) in
engineering education: A case study. In 2018 International
Conference on Advances in Computing, Communications and
Informatics (ICACCI) (pp. 191-197). IEEE.
Entrepreneurial Opportunities Plan Part I.
Entrepreneurial Opportunities Plan Part I.
Frequently Asked Questionnaire (FAQ)
Brooklyn Maasch
11/19/2021
Kingstone-Bryce Limited
Frequently Asked Questionnaire (FAQ)
What is the purpose or definition of the project?
The primary purpose of this project is to increase the
profitability of Kingstone-Bryce

4. Limited by improving the quality of the products that we
produce to achieve a competitive
advantage. We will require additional resources and also work
as a team to meet the project
scope.
What is the timeline of the project?
The goals of the project should be completed by the end of the
financial year 2021. The
financial year runs from January to December, just like the
calendar year.
What is the project budget?
The projected cost that we need to achieve the profitability that
we projected is $5000. The
budget includes costs like the labor costs of $1000 since we will
need to employ an
additional workforce to achieve the deliverables of the project
within the financial year
2021. There is also a material and procurement cost of $2000 to
secure the raw materials.
Other operational costs, such as the bill payment of power and
water, will be $1000. An
allocation for the unforeseen circumstances will be $500, with
the other $500 allocated for

5. payment of taxation needs.
Who are the stakeholders in the project?
The project will have five key stakeholders, including the
customers, the quality
improvement will directly impact our customers, and therefore
they will be the first group
of stakeholders. The investors are also other stakeholders as
they invest their capital in the
business in terms of shares. They expect to earn specific rates
on the invested capital; thus,
making any changes in the Company would require them
("Stakeholder," 2021). They are
also the providers of the working capital that will make it
possible to continue with the
quality improvement project. The suppliers are also important
stakeholders. This project
will require a constant supply of high-quality raw materials.
The government is also an
automatic stakeholder since the business requires authorization
to produce a particular
product, and also the government generates income through
taxation. The government can

6. also be a shareholder in the Company or even offer grants to
fund the project.
The community members are also stakeholders since, with
increased production, the
Company will need to expand its size in terms of land, and the
community owns this land.
They should therefore be kept happy to sell it to the Company.
Who will manage the project?
The project will be managed by a project manager who will
select a project team to ensure
all the project outcomes are achieved by the end of the specified
period.
What project management tool or methodology will be used in
the project?
The project will utilize the six-sigma project methodology that
helps in the continuous
improvement in all the aspects of the project. It involves first
defining the objectives and
the scope that the project is expected to meet. There is also a
measurement phase that
details the metrics in which the project outcome is evaluated.
For example, we can evaluate
after every three months to see if we are going according to
plan. There is also an analysis

7. phase that focuses on finding the root cause of the problem. For
instance, the problem of
reduced profitability is caused by the reduction in the quality of
our products. The next
phase is to improve where we come up with solutions to the
problem, such as improving
the quality by either changing suppliers or going for a quality
raw material. Then there is
the control phase, which involves evaluating the implemented
solution, which is the change
of suppliers and standardizing the entire process.
What evaluation technique will be used?
The Company will use the goal-based outcome evaluation
method to ensure high quality
and profitability are achieved.
What are the project team collaboration tips?
After selecting the project team, we will give them a common
goal to be achieved, thus
encouraging collaboration and success will also be rewarded.

8. References
3 Top Project Management Methodologies You Should Know.
(2021). Retrieved 16
November 2021, from
https://www.northeastern.edu/graduate/blog/project-
management-
methodologies/
Project Management Basics | Project Management Guide.
(2021). Retrieved 16 November
2021, from https://www.wrike.com/project-management-
guide/project-management-
basics/
Stakeholder. (2021). Retrieved 16 November 2021, from
https://corporatefinanceinstitute.com/resources/knowledge/finan
ce/stakeholder/
https://www.northeastern.edu/graduate/blog/project-
management-methodologies/
https://www.northeastern.edu/graduate/blog/project-
management-methodologies/
https://www.wrike.com/project-management-guide/project-
management-basics/
https://www.wrike.com/project-management-guide/project-
management-basics/
https://corporatefinanceinstitute.com/resources/knowledge/finan
ce/stakeholder/

9. [Type text]
PROJECT MANAGEMENT SCORE CARD
Rasmussen College
Brooklyn Maasch
11/18/2021
Project management score card
KINGSTON BRYCE LTD - BALANCED SCORE CARD
[Type text]
KEY
RESULT
AREA
STRATEGIC
OBJECTIVES
KEY PERFORMANCE
INDICATORS
ANNUAL TARGETS
ACTUAL TARGET TIMELINE BUDGET
FINANCIAL
Increase company

10. profitability
Net profit margin 14% 20% Quarterly
$ 2450 for shipping of new
materials
Increase annual sales turnover $200M $240M Annually $ 35,000
for sales and marketing
Optimize revenue and
expenses
Daily sales 500 unit 650 unit Daily No budget allocation
Credit control index 0.24 0.12 Quarterly $5300 for external debt
collector
CUSTOMER
Maintain high
customer satisfaction
Excellent customer satisfaction
index
32% 50% Monthly $2500 for follow up calls
Increase customer
profitability
Maximum revenue per client 300 350 Monthly 0.5 hour per
employee
Average new customer
acquisition cost
12 5 Monthly $10,000 for commissions

11. Build and improve the
customer network
New customers per year 315 350 Annually $3,000
advertisements
Improve Market share to 25% 19% 10% Annualy $350 for
market research
INTERNAL
PROCESS
Supplies`
High quality raw materials 315 350 Quarterly
$ 400 for Quality control
equipment
Suppliers retention rate 80% 96% Quarterly
$1200 for suppliers
prequalification
Production
Maximum production Units per
year
84 Tns 96 tns Annually
$ 230 for line 2 production
equipment
Improve on quality of products 98% 100% Annually No budged
allocation needed
Safety and security

12. Reduce workplace safety
incidences
75% 90% Monthly $ 6950 for safety equipment
Vehicle maintenance schedule to
1 day
Weekly Daily Daily $ 5000 for additional mechanics
Improve safety of goods on
transit
5% 2% Monthly $6500 for CCTV installation
Timely delivery
Products to reach a day before
time
80% 92% Monthly No budget required
Transport costs Reduce transport costs 5% 10% Quarterly
$ 7800 for hiring a logistics
assistant
LEARNING
AND
GROWTH
Maintain motivated
work force
Conduct employee satisfaction
survey
0 4 Quarterly $700 for each quarterly survey

13. Training and seminar
for management staff
Hold workshops and training on
strategic management (bi-
annually)
0 10 Annually $650 per training session
Encourage innovation
Create a reward system for most
innovative ideas
0 5 Annually $2000 for awards/recognition
1
Project communication plan
Rasmussen College
Brooklyn Maasch
2
Kingston-Bryce Limited
Project communication plan
Market expansion project

14. The main reason for developing this communication plan is so
as to define the communication
needs of the project and how the information will be
disseminated from the top management to all
the parties involved in the project and vise versa. The project
communication plan will define how
information will be communicated for instance through emails,
video conferencing, face to face
meetings and conference calls among others (Neumeyer, 2021).
It also gives the information that is
to be communicated.
Project kickoff welcome email
Subject: Project kickoff for expansion of our market scope
Dear Project team,
I hope this finds you well, over the last one year the KBL
Company has been trying to expand its
scope of production by utilization of the new technological
methods in its production process.
Following our increased production, it is also essential we
increase our market coverage
internationally.
With this project completely organized, we are ready to start

15. our project and for this you are
welcomed to the project kickoff meeting. In this meeting we
will go through the overview of the
project that we plan to undertake.
The following issues will be covered in the kickoff meeting that
is to be held.
3
Project guidelines: This entails the exact reasons for
undertaking the project for example
the reasons for undertaking the project and the changes that it
seeks to bring up and the
gains that we would experience in case of the project
completion. For instance this project
was to ensure an increase in the size of our market across the
continent.
particular project for example the
project CEO, the management team, team leaders down to the
members of the
organization. Our partners both locally and internationally.
project in one way or another.

16. Some of the interested parties such as government and
regulatory bodies such as
International Standardization Organization (ISOO) among
others.
management team intends to complete
the project and achieve the goals that will be set at the project
startup phase.
Project summary updates
Market expansion project
Executive Leadership Team – Program Update
Date
Phase Description Milestones
Project initiation This is the start of the project and includes
4
identification of stakeholders, market niche
among others.

17. planning
Budgeting and allocation of funds.
Identification of shareholders
Identification of stakeholders
monitoring Checking of project progress
-
Challenges,
Solution
s, Notes
Some stakeholders not fully involved as they miss meetings