Suggested Sectors:  • Organised Sectors: Information Technology, Automobile Industry, Banking & Finance,  Pharmaceuticals, E-commerce, etc  • Unorganised Sectors: Street Vendors, Handloom & Cottage Industries, Small-Scale Retailers,  Domestic Workers, Construction Labor, Education, etc 

Assignment – 2 (B)
Imagine you are embarking on your entrepreneurial journey. After finding the gap from Assignment 1 (A),
focus on any of the product or services and outline the details of your hypothetical company as follows:
• Business Overview
o Company Name: [Your Company Name]
o Industry/Sector: [Choose from the assignment’s gap analysis]
o Business Type: (Product-based / Service-based)
o Mission Statement: A clear and concise statement of your company’s purpose and goals
o Vision Statement: Long-term aspirations and the impact you want to create
• Problem Identification & Market Gap
o Market Gap Identified: (Explain the gap found from the assignment)
o Why This Business? (How does your product/service address this gap?)
o Target Audience: (Define your customer demographics—age, income, location,
preferences)
• Product/Service Details
o Description of the Product/Service: (What are you offering?)
o Unique Selling Proposition (USP): (What makes it different from competitors?)
o Product/Service Variants (if applicable): (Different types, models, or versions)
o Pricing Strategy: (Premium, affordable, subscription-based, etc.)
• Market Analysis & Competitive Landscape
o Target Market Size & Demand: (Potential customers, market growth trends)
o Key Competitors: (Who are the major players?)
o Competitive Advantage: (How will you differentiate your company?)
• Business Model & Revenue Streams
o Primary Revenue Sources: (Direct sales, subscription, advertising, partnerships, etc.)
o Distribution Channels: (Online, offline, B2B, B2C, marketplaces)
o Cost Structure: (Fixed costs, variable costs, production, logistics, marketing)
• Marketing & Growth Strategy
o Branding & Positioning: (How will you establish your brand identity?)
o Marketing Channels: (Social media, influencer marketing, traditional advertising)
o Customer Acquisition Plan: (Discounts, referral programs, launch offers)
o Expansion Strategy: (Scaling plans—regional, national, global expansion)
• Operations & Logistics
o Manufacturing / Service Delivery Plan: (In-house, outsourcing, automation)
o Supply Chain & Vendor Partnerships: (Who are your suppliers and partners?)
o Technology & Infrastructure: (Online presence, app, AI integration, etc.)
• Financial Plan & Funding Requirements
o Initial Investment & Funding Needs: (How much capital is required?)
o Break-even Analysis: (When will the business start making profits?)
o Funding Sources: (Bootstrapping, investors, loans, crowdfunding)
o Projected Revenue & Profitability: (Short-term & long-term revenue goals)
• Risk Analysis & Contingency Plan
o Major Risks & Challenges: (Regulatory, financial, operational, market risks)
o Risk Mitigation Strategies: (Backup plans, insurance, alternative suppliers)
• Conclusion & Future Vision
o Long-Term Goals: (Expansion, diversification, innovation plans)
o Sustainability & Social Impact: (Eco-friendly initiatives, CSR activities)
o Final Thoughts: (Why this business has long-term potential)
• Check domain availability based on your company name or branding strategy and outline the
procedure for publishing your website.
• Explain the steps to register your company including necessary procedures.

First come up with some ideas that are really innovative and like creative. I just need you to give me ideas. then i can choose which to proceed with. fucking good enough for a shark tank