In this section of your business plan, you will create a timeline outlining the interrelationships and timing of major events planned for your venture. Make sure that your deadlines are realistic and attainable.

Provide an overview of any assumptions that you have made when writing your plan, such as how your business will operate and what economic conditions you have assumed.

Identify a comprehensive list of possible risks to your business and what alternative plans you’ve made to address these risks.

Finally, outline any benefits to the community (economic, community, or human development) that your business will provide. Milestone Six should be 500 words in length.

Answer preview

the implementation of the business plan, the whole process will take about six months for the business to be fully operational. The first three months will be for purchasing land and construction of the hotel. The building will make use of preassembled units, and this has enabled the project to have both low costs and to take a relatively shorter period. The fourth month will be for furnishing the whole premises. It will include all office equipment needed and all the rooms for the dogs and cats that will be in the facility…

 

(700 words)