Question

Prepare a 16- to 20- slide Microsoff PowerPoint presentation showing the details of a business you are interested in starting in a foreign country, and for which you need $300,000. The presentation should include the following information: . Business name . Executive summary . Description of the foreign country Business description and structure Market and company analysis . Marketing and sales operational plan . How you plan to use the $300,000 . Financial statements forecast (3 years) Business health assessment-using the following ratios: o Liquidity ratios o Solvency ratios o Asset management ratios o Profitability ratios e Market value ratios

please help with ideas

Answer 1

Please acknowledge that it is not possible to provide a complete business plan on this platform.

Assume you are in a developed country and the free chose any foreign country to start your business. The best countries to start your business would be the developing countries. Countries like India, China, Indonesia, South Africa, Malaysia, Brazil etc. are striving very hard to be like the developed countries aka. Western countries. There is huge influence on the general population from the lifestyle in Europe and USA as seen in the movies and TV. The upper-middle class in these countries would like to have the experiences that the middle class in the Western countries have. At the same time, they have the financial strength to afford these luxuries. A more secure way of starting a business in the developing countries is to replicate a successful model from developed countries in the developing countries. Flipkart in India or Alibaba in China are basically, tailored replications of Amazon in the US. Similarly, Uber has also reached expanded their business in the developing Asian countries. $300k is big sum to start businesses in these countries considering the exchange rate advantage. Below are some of ideas that could become big in the developing countries like India, Indonesia, Malaysia etc.

Financial services- Robo advisors for financial planning and investment

Food- Gourmet meats, vegetables, fruits etc. shop in tie up with the existing superstores in these countries,

Import export- advanced electronics, wearable technology devices, smart home devices, home appliances, personal care products, beauty products, clothing and accessories, branded goods, novelty items

Health- advanced diagnostic technologies, personal fitness tracking through wearable devices

Travel- travel agency focused in Europe and USA

Home improvement- Interior designing / furniture designs based on concepts in the European homes, smart housing devices

A good way to generate business is to collaborate and tie up with the established businesses in these countries. This will provide an advantage in distribution and market segmentation. A marketing based on the foreign origin of the services will boost the credibility and curiosity in the general population in the developing countries.

I hope this helps.