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ArmeniaProject

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  1. smart enough to create a business plan? - then you can make $500 by taking part in a competition. Details at this link: http://www.armeniaproject.com/ArmeniaProje...-1/?page_id=118 full text: --------------------------------------------------------------------------- ArmeniaProject sponsors Best Business Plan Competition. These are the rules: - competition participants must be citizens of Armenia, - deadline for the proposals is November 1, 2009. Authors of the best proposal will be awarded cash prize of $500. Cash prize will be awarded after all submitted business plans are carefully considered and reviewed, and the best idea and plan is selected, - develop idea and a business plan for a small start up business, - business plan must be for a business that can be set up in Armenia with products/services also offered in Armenia (in other words no import/export kind of business will be considered), - proposed business should become profitable in 6 months or less, - business plan and all related materials must be submitted electronically in English by sending email to [email protected], - business plan must cover following items: – Executive Summary (services, financing, mission statement, management team, sales forecast, expansion plan,..) – Company and Financing Plan (Company Name, required funds, investor equity,…) – Expansion plan – Market analysis (industry analysis, customer profile, existing competition) – Marketing plan – Organizational plan and personel – Financial plan (underlying assumptions, profit and loss statement, cash flow,..) Send questions and comments to [email protected] or simply add a comment to this post. If business plan appeals to the organizers they could try to find investors to fund the start up costs for the business. Submissions that are not compliant with the rules of the competition will not be considered.
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