【正文】 elopment of new technologies.What barriers to entry do you face in entering this market with your new pany? Some typical barriers are:High capital costsHigh production costsHigh marketing costsConsumer acceptance and brand recognitionTraining and skillsUnique technology and patentsUnionsShipping costsTariff barriers and quotasAnd of course, how will you overe the barriers?How could the following affect your pany?Change in technologyChange in government regulationsChange in the economyChange in your industry Management of GrowthHow will the pany manage its own growth and problems resulted. Market RiskMarket risks (such as cost fluctuation) and proposed solutions.7. Financial PlanYour financial will e from a sales forecast in which you forecast sales, cost of goods sold, expenses, and profit monthbymonth for one year.Profit projections should be acpanied by a narrative explaining the major assumptions used to estimate pany ine and expenses.Research Notes: Keep careful notes on your research and assumptions, so that you can explain them later if necessary, and also so that you can go back to your sources when it’s time to revise your plan.Tables and figures are encouraged. Summary of AssumptionsList assumptions made for financial projection. (breakeven calculation)Below are the costs, revenue and investments for the cash flow. Revenue Direct Variable Costs Fixed Asset Investment Human Resources Services Rendered by 3rd Party Infrastructure and Operational Costs Marketing Tax BreakEven PositionA breakeven analysis predicts the sales volume, at a given price, required to recover total costs. In other words, it’s the sales level that is the dividing line between operating at a loss and operating at a profit.Expressed as a formula, breakeven is:Breakeven Sales =Fixed Costs1 Variable Costs(%)(Where fixed costs are expressed in dollars, but variable costs are expressed as a percent of total sales.) Projected profitsMany hitech business owners think of the 5 year profit and loss projection as the centerpiece of their plan. This is where you put it all together in numbers and get an idea of what it will take to make a profit and be successful. Investment and ReturnExplain how the pany will be financed, three rounds for example. Describe the targeted investors, how much is needed, how much share the pany is willing to exchange (with conditions), and how the investment will be spent. (A table is normally used to summarize the proposal.) Financial StatementsA balance sheet is one of the fundamental financial reports that any business needs for reporting and financial management. A balance sheet shows what items of value are held by the pany (assets), and what its debts are (liabilities). When liabilities are subtracted from assets, the remainder is owners’ equity.Use a startup expenses and capitalization spreadsheet as a guide to preparing a balance sheet at the end of each year for 5 years. Then detail how you calculated the account balances on your opening day balance sheet.8. Business Feasibility and Impact in the UK and ChinaYour ability to identify the viability of your business both in the UK and China are crucial to the success of your business.How can your business best leverage both the resources of the UK and China? Why would your business benefit from the current business climate in China and UK?What are the culture specific considerations of your technology/service? How will the technology/services benefit the UK and the Chinese society as a whole?China and the UK both have their own concerns and strengths. How the pany is going to use China and UK’s strengths, not the weaknesses.China’s Demands (Government policy)China’s Strength (Manufacturing capability and market size)UK Demands (Government policy, concern on spending cuts etc.)UK Strengths (Research Ability, good IP protection, European market)9. References10. AppendicesInclude details and studies used in your business plan. For example:Brochures and advertising materialsIndustry studiesBlueprints and plansMaps and photos of locationMagazine or other articlesDetailed lists of equipment owned or to be purchasedCopies of leases and contractsLetters of support from future customersAny other materials needed to support the assumptions in this planMarket research studiesList of assets available as collateral for a loa