JD's Consulting Co: An Effective Business Plan for Sustainable Growth - Essay Sample

Introduction

The establishment of an effective business plan involves the analysis of the company's structure. Every situation in JD's Consulting Company is unique; therefore, improving the business structure in the company. The competitive products sold in the company include Cisco, Nortel, and Avaya telecommunication products (Brussee et al. 10). The main unique selling proposition in JD's Consulting is the consciousness applied in the preservation of the environment. Selling of the telecommunication devices does not affect environmental conditions. The company also promotes stewardship by portraying how to achieve business success through the sale of remanufactured, unused, and refurbished telecommunication equipment. One of the competitive advantages of JD's Consulting Company is the sale of all telecommunication devices and the accessory parts.

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The Market Size, Trends, Characteristics, and Growth Rate

The company has both domestic and international markets because of the competitive nature of its products. Most of the established marketplaces have been antiquated due to the sale of unused telecommunication equipment. Business cooperation and teamwork is another market trend used in the company to ensure efficacy and reliability (Donate 364). The innovative nature of the company has resulted in a faster growth rate in terms of market structure. The market trends also increase the growth rates; therefore, resulting in business success. The affordable pricing of the commodities also contributes to market growth and eventual organizational prosperity.

Entrepreneurs and Management Team's Skills and Experience

The management and entrepreneur's skills and experience help in generating more competitive advantages in JD's Consulting Company. The entrepreneur's skills involve the innovation techniques used in producing quality telecommunication devices like mobile phones and telephones. The quality of the products enables the company to secure new market zones all over the world. The experienced employees. The management team's skills have made it easy to manage and establish an efficient market structure based on the complexity of the performances. The experienced management also improves the validity of the information through the evaluation and protection of the valuable assets owned by JD's Consulting Company. The management team's experiences also ensure the accentuation unity and teamwork; therefore, promoting togetherness in the company and business success (Brussee et al. 18). The entrepreneur's skills are also important in ensuring customers' satisfaction and quality assurance in the company.

Timeline for the Steps to Successful Launch of the Venture

The development of the appropriate timeline provides an effective approach for attaining quality market trends, organizational structure, and efficacy in the company. The proposed timeline ensures that the performances of all employees and management focus at achieving a unique selling proposition, competitive advantages in the market and the realization of marketing goals and objectives (Ross, 24).

The steps in launching a Business Venture

Go beyond the proposed business plan. This step requires the participation of both the employees and the management. It is an immediate step but covers all the activities until the launching of the venture is completed.

Testing the business and idea to identify its efficacy and success. JD's Company's management should test the effectiveness of the business idea in the marketplaces. This step may take some days to a few days to be completed. Appoint a committee to oversee the performances of the Company's agents in various marketplaces.

Evaluate the market structure to ensure improved performances in the organization. Evaluation of the market structure involves a critical analysis of customer needs and preferences.

Establishment of cash resources for the company. Resources are important assets that promote innovation and success in the company.

Works Cited

Brussee, J. M., et al. "O24 Ivermectin in children": What is the Right Dose to Achieve Equivalent Exposure Coverage in Children and Adults? (2019): e10-e11.

Donate, Mario J., and Jesus D. Sanchez de Pablo. "The Role of Knowledge-Oriented Leadership in Knowledge Management Practices and Innovation." Journal of Business Research 68.2 (2015): 360-370.

Ross, Linda W., and Kimble Byrd. "Business Plan Competitions: Start-Up'Idols' and Their Twenty-First Century Launch Pads." Journal of Higher Education Theory and Practice 11.4 (2011). Retrieved from: https://scholar.google.com/scholar?hl=en&as_sdt=0%2C5&q=LAUNCHING+OF+A+BUSINESS+PLAN&btnG=#d=gs_cit&u=%2Fscholar%3Fq%3Dinfo%3Au-ukCNDSqagJ%3Ascholar.google.com%2F%26output%3Dcite%26scirp%3D3%26hl%3Den