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CANDLE BUSINESS#1
A commercial enterprise focused on producing and selling candles, encompassing various styles and scents.
MARKET ANALYSIS#2
The process of assessing market conditions, trends, and consumer behavior to inform business decisions.
FINANCIAL FORECASTING#3
Estimating future financial outcomes based on historical data, market trends, and business strategies.
SWOT ANALYSIS#4
A strategic planning tool assessing strengths, weaknesses, opportunities, and threats of a business.
BUSINESS MODEL CANVAS#5
A visual framework for developing and describing a business model, highlighting key components.
VALUE PROPOSITION#6
A statement that outlines the unique benefits and value a product or service offers to customers.
CASH FLOW PROJECTION#7
A financial estimate predicting the flow of cash in and out of a business over a specific period.
BREAK-EVEN ANALYSIS#8
A calculation to determine the sales volume at which total revenues equal total costs, resulting in no profit or loss.
DISTRIBUTION CHANNELS#9
The pathways through which products or services reach customers, including retail, online, and direct sales.
TARGET AUDIENCE#10
A specific group of consumers identified as the intended recipients of a marketing message.
SEO STRATEGIES#11
Techniques used to optimize website content for search engines, improving visibility and traffic.
CONTENT MARKETING#12
A marketing approach focused on creating and distributing valuable content to attract and engage a target audience.
BRANDING STRATEGY#13
A long-term plan for building a successful brand that resonates with customers and differentiates from competitors.
LEGAL REQUIREMENTS#14
The regulations and laws that businesses must comply with to operate legally within their industry.
RISK MANAGEMENT PLAN#15
A strategy to identify, assess, and mitigate risks that could impact a business's operations and profitability.
MARKETING STRATEGY#16
A comprehensive plan outlining how to reach and engage target customers effectively.
EXECUTIVE SUMMARY#17
A concise overview of a business plan that highlights key points and objectives for stakeholders.
COMPETITOR ANALYSIS#18
The assessment of competitors' strengths and weaknesses to inform strategic business decisions.
PRODUCT LINE DEVELOPMENT#19
The process of creating and refining a range of products offered by a business.
FINANCIAL PLAN#20
A comprehensive outline of a business's financial goals, strategies, and projections.
PERMITS#21
Official approvals required to operate a business legally, often varying by location and industry.
PITCH PRESENTATION#22
A formal presentation aimed at persuading investors or stakeholders to support a business idea.
MARKET TRENDS#23
Patterns and shifts in consumer preferences and behaviors that influence market dynamics.
CUSTOMER PERSONAS#24
Detailed profiles of ideal customers based on demographics, behaviors, and needs.
FUNDING OPTIONS#25
Various sources of capital available to support a business, including loans, grants, and investors.
SALES FORECASTING#26
The process of estimating future sales volumes based on historical data and market analysis.