Printer Business Proposal



Printer Business Proposal

Introduction

Business development according to an introduction phase has a key aim to establish a market and build primary demand for the offerings of business. The business will promote its offering to create awareness; usually, branding and product quality get stressed, but other relevant features and benefits may also be used. Promotional methods have been chosen carefully to maximize awareness and uptake by innovators. An example for this stage of development is its operations and working at the initial phase of the business development.

Business Model

The other stage this business centers in its development journey is the growth phase. In this phase of development, this business will tend to start to generate revenues and inclining towards breakeven point and then tend to earn profits. Competitors get attracted into the market with very similar offerings; at this stage, it is normal to add multiple versions or additional benefits/services to maintain differential advantage, for example, to increase quality, or add a premium version. However, business sees them in a better position, and this phase of development is preferable by this business.

Development Stage

Once the business crosses this development stage then it will enter into the maturity stage where the inclination in profits start to become stagnant, and the printer company's profit is reducing to grow. This is the time for the business to increase the profitability from reducing other expenses and costs. This is the development stage that the business tends to prolong as much as possible or somewhat try to shift towards the growth stage of business development.

Decline Phase

At the decline phase of business development of this printer business, there is a downturn in the market and businesses are in a phase of closing down due to loss of profits and decreasing revenues. Such scenarios will create, as ...