Business Expansion Project for Mid East Canadian Pharmaceutical Inc.

Closed
mid east canadian pharmaceutical inc
Markham, Ontario, Canada
kamiar tehrani
Employer
(12)
4
Project
Academic experience
120 hours per learner
Learner
Anywhere
Advanced level

Project scope

Categories
Operations Financial modeling Market expansion Product or service launch
Skills
target market sales forecasting business planning business expansion revenue forecasting marketing financial forecasting market research pharmaceuticals budgeting
Details

The main goal for the project is to create a comprehensive business plan for expanding the company's current operations to include pharmaceutical drugs and controlled substances. This plan should include financial and revenue projections, as well as associated costs for the expansion. The project will involve the following tasks for the learners:


- Researching the pharmaceutical and controlled substances market to understand the regulatory requirements and market demand.


- Analyzing the company's current financial status and projecting the potential revenue and costs associated with the expansion.


- Developing a detailed business plan outlining the expansion strategy, target market, marketing approach, and operational requirements.


- Creating financial projections for the next 3-5 years, including sales forecasts, income projections, and expense budgets.


- Conducting a break-even analysis and assessing the potential assets and liabilities of the expanded business.


Deliverables


By the end of the project, students should complete the following tasks:


- A comprehensive business plan for the expansion, including market research, financial projections, and operational strategy.


- Detailed financial projections for the expanded business, including sales forecasts, income projections, and expense budgets.


- A break-even analysis and assessment of potential assets and liabilities for the expanded operations.


- A presentation outlining the key findings and recommendations from the business plan.


Final deliverables should include:


- A final report containing the comprehensive business plan and financial projections.


- A presentation deck with detailed explanations of the expansion strategy and financial projections.

Mentorship

regular weekly meeting with the management team for guidance and planning

access to company in house data center for computing power and resources

About the company

Company
Markham, Ontario, Canada
11 - 50 employees
Hospital, health, wellness & medical

Medical device and pharmaceutical company since 2017, our business is primarily B2B