Provide information on the company’s current financial state and offer projections for future revenues.

So, as a group we decided to choose to start a business of Online deliveries. The most important things we need to mention precaution and everything with respect to present scenario( COVID 19)In groups of 5-7, you are to prepare a business plan on a new business venture. You are to create your own company and develop a business plan for it. You will need to email your instructor to obtain approval for the topic before proceeding to write the report.You will select a “Project Manager” for your team who will lead the team and ensure that everything is completed and submitted on time. There is a peer evaluation at the end of the course to ensure that everyone is participating in the project.The Project Manager of your team is to submit your final copy of your Team Business Plan and PowerPoint Presentation. You will need to select your Project Manager as a team and your PM will email me to obtain approval for your topic.Business Plan Guidelines:Your report should include a title page, table of contents, executive summary, main body and references. Your report should be completed in Times New Roman, 12-point font with 1.5 spacing, and page numbers on the top right-hand corner.Title Page – This is the first page of your report and the only thing it should include is the name of the project “Business Plan,” name of all group members, instructor’s name, course #, and date you are submitting the plan. Table of Contents – Use headings for each significant section of your report and provide page numbers by inserting a Table of Contents into Word.Executive Summary – Although this section is placed in the report before the main body of the report, write the executive summary last. Summarize the key points of your report in one page. Make it meaningful, this is your chance to make an impression on your client.Description of the Venture (Background & Purpose) (Week 2)Describe your idea. How did you come up with the idea? What is your product or service? What industry are you in? What need will you fulfil? Industry & Competitor Analysis (Week 3-5)Research information on the existing competitors and how you will enter the market. Is there a gap in the market? How will you enter the gap and how will you build and sustain a competitive advantage against current firms and future entrants?Current # of competitorsTop competitors How you will enter the market What is your competitive advantage?Management (Week 6)Include information on current ownership structure (key employees) and describe the experience, skills, and knowledge of your management team. Ownership StructureKey Employees (Put Resumes of key employees in the Appendix)Operations Plan (Week 7) Where is your new venture located? Are there multiple locations? What is the size of your facility? What equipment or supplies are required to start-up and continue operations? (You will need to know the cost of the equipment for your financial section).LocationSize of facilityList of Equipment and Supplies required to start-upOrganizational Plan (Week 9)This includes what you currently have and what additional skills may be required in the upcoming months. Marketing Plan (Week 10)Describe the market for your product or service – who will want to use it or buy it and why they would want to do so. Describe your target market and your value proposition.Target MarketMarketing StrategySales Channels Risk Assessment & Action Plan (Week 12-13)Discuss various risks (what could go wrong) and the steps management will take to protect against them.Identify Risk Action Plan Financial Plan (Week 12-13)Provide information on the company’s current financial state and offer projections for future revenues. Include sources of funding, how they will be used, cash flow, and a breakeven analysis.Sources of Financing (Debt or Equity)Revenue/Sales ProjectionsCostsProfit or Loss StatementReferences (APA format) – This is the last page of your report and should be a separate page from the rest of your report. References must be double spaced and arranged in alphabetical order.Appendices – This is where detailed financial information and resumes of top management team should be presented and any other relevant information.and I want to mention make sure when writer is doing my project must keep in ming of covid 19. because we are doing business after covid 19