A formal document outlining a business's goals, strategies, and financial projections, essential for guiding operations.

The process of assessing market conditions, trends, and competition to inform business decisions and strategies.

The practice of starting and managing a business focused on tea products, requiring industry knowledge and business acumen.

The process of estimating future financial outcomes, including budgeting, forecasting, and investment strategies.

Identifying and acquiring the materials or products needed for business operations, focusing on quality and sustainability.

A statement that clearly articulates what makes a product or service unique and valuable to customers.

A strategic planning tool used to identify strengths, weaknesses, opportunities, and threats related to a business.

The tendencies and inclinations of consumers towards certain products, brands, or services, influenced by various factors.

The assessment of competing businesses to understand their strengths and weaknesses in the market.

Fictional representations of ideal customers based on market research, used to tailor marketing strategies.

A comprehensive plan formulated to promote and sell products or services, targeting specific audiences.

Targeted marketing efforts designed to increase awareness and sales of products or services.

The process of creating a plan to manage income and expenses, essential for maintaining financial health.

The initial expenses incurred in establishing a business, including equipment, licenses, and inventory.

Estimates of future income generated from business activities, critical for financial planning.

A detailed plan outlining expected income and expenses for daily business operations.

The laws and regulations that must be adhered to when starting and operating a business.

A list of necessary actions and documents to ensure adherence to legal and regulatory standards.

A concise overview of a business plan, summarizing key elements to attract potential investors.

Meetings designed to provide constructive criticism and insights on business plans or strategies.

Evaluations of a student's work by fellow students, fostering collaboration and improvement.

Methods of conducting business that do not deplete resources or harm the environment.

The process of evaluating the costs associated with a business operation or project to improve profitability.

The various platforms and methods used to communicate and deliver products to consumers.

A schedule that outlines what content will be published and when, aiding in organized marketing efforts.

Various methods of obtaining financial resources for a business, including loans, grants, and investments.