The objective of this assignment is to provide you with practical experience in

The objective of this assignment is to provide you with practical experience in developing a comprehensive business plan for your entrepreneurial ventures. Working in groups, you will apply the concepts, strategies, and frameworks learned in the course to create a well-structured and actionable business plan. I need 3 page of this point with out the reference.our idea is “The project aims to address the issue of time wasted on daily clothing washing, targeting both students and employees/workers. The idea centers around providing a laundry service that guarantees the completion of daily clothes washing within a reasonable timeframe, typically 2-3 hours, with the added convenience of home delivery. To achieve this, various resources will be utilized, including a mobile app to manage the entire process and appointments, washing machines, perfumes, clothes soap, water, electricity, laundry baskets, a warehouse for storage, vans for delivery purposes, and the necessary manpower to ensure efficient operations” this is group project and I should do the intro + the points below:and also I need 3-4 min script about them for the presentation.
Instructions:
Group Formation:Form groups of 3-4 students each.
Select a Business Idea:Each group must select a unique business idea or concept.
Ensure that the chosen idea aligns with your group’s interests, skills, and passions.
Research and Analysis:Conduct thorough research and analysis of your chosen industry and market. Identify trends, competitors, potential customers, and market gaps.
Utilize tools such as SWOT analysis and Porter’s Five Forces to assess the external environment.
Customer Segmentation:Define and segment your target audience. Understand their needs, preferences, and pain points.
Create detailed buyer personas to guide your marketing and sales strategies.
Value Proposition:Clearly articulate your unique value proposition. Explain why your product or service is valuable to customers and how it addresses their pain points.
Submission Guidelines:Submit a written business plan document along with your presentation slides. Your business plan should be 10 pages in total, incorporating a title page, table of contents, and references page. Notably, these sections will not be considered part of the 10-page requirement. The document should be formatted with single spacing and an 11-point font size. Please be aware that the page count for the title page, table of contents, and references will not contribute to the 10-page total.
Each group must also present their business plan in a 10–15-minute presentation to the class.

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