Part I Update your business plan to address its international market process and requirements (allocate 1000 words)
1. Discuss these factors as they relate to the international arm of your business:
• How your product will be shipped to overseas customers and the price of that shipping. • How Australian GST laws will affect overseas prices • How laws in other countries or international agreements might have a major impact on your business. This may not be too relevant to your product, but if, for example, your product is a military one or one that disrupts the environment, you should discuss the laws that might impinge on your business. • Explain the purpose a “Freight Forwarder” typically serves and explain how a Freight Forwarder could help in your business.
2. Explain how you could set up an international marketing campaign with both Google and Facebook. That is, provide a broad outline of the most useful marketing strategies you could take advantage of and provide an indication of possible costs.
3. Explain how you and your partner would approach managing your financial commitments and keeping financial records. In particular • What the most important documents you would need to keep • Would you do it yourself or hire someone to manage it for you? If you would hire, when would you do so and how much would it likely cost in the first year. If you would do it yourself, explain the legal obligations that the government imposes on businesses in order to fulfil their taxation obligations.
Part 2 Finalise your report by preparing a professional business proposal (allocate 2000 words) I. Take sections that you think are necessary from your report part 1 and 2 Final outcome: Combine Part 1 and Part 2 above to submit your final business proposal of 3000-4000