This business plan proposal outlines the key steps to starting a new business venture. It instructs the reader to identify three potential business ideas, screen the options to select one opportunity, and choose a business name. It also prompts specifying the business location and three locational advantages, targeting customers and benefits, analyzing three competitors' strengths and weaknesses, and determining strategies to differentiate from rivals. Finally, it concludes with estimating startup costs and identifying funding sources, as well as justifying reasons for the business's expected success.

1. BUSINESS PLAN PROPOSAL
1) Identify three business ideas you can invest in.
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2) Screen the ideas and do the following;
i) Select one business opportunity.
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ii) Select a business name.
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3) a) Where are you going to locate your business?
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b) Identify three locational advantages of your choice.
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4) Which customers are you targeting and benefits.
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5) Identify three competitors and their strengths and weaknesses
Competitors strengths weaknesses

2. 6) What strategies will you use to cope with competitors?
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7) How many employees will your business have and what are their job titles?
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8) What facilities, equipment, machinery, tools, and space will you need?
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9) Estimate in KSh. How much money you need for the business and identity sources.
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10) Why do you think your business will succeed? Justify.
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