Feb 26, · A business case is a document that justifies a new project to management and stakeholders. This document is crucial when a project requires a major investment of money or resources. The business case is typically developed by the project sponsor and presented to key stakeholders for evaluation. The project is then approved, rejected, deferred blogger.com | The initial business case example PDF free download is a simple and comprehensive sample business case template that stores all the information regarding executive summary, the business needs, project scope, background and assumption Example: This business case outlines how the Web Platform (WP) Project will address current business concerns, the benefits of the project, and recommendations and justification of the project. The business case also discusses detailed project goals, performance measures, assumptions, constraints, and alternative options. Issue
Business Case Example: The 10 Best Free Examples in (McKinsey, Bain, BCG, Deloitte etc.)
Before developing any of the projects it is important for the company to focus on developing an effective plan which can help them in developing the project in an effective manner and making it a successful project, sample business case. XYZ company is an which is sample business case in the finance industry and the organization is dealing with foreign exchange solutions.
This company operating in the United Kingdom and the firm is working as a currency broker. Such companies are generally buying and selling the currencies from the customers and their transfer the money internationally.
The company is having a better market position and managing the international transfer in an effective manner and the company is having better opportunity to expand their business for generating a higher profit and offering better services to the customers. In this report, the researcher is developing a business plan for the case company which is looking forward to developing the online remittance product Nurse, This report will focus on offering better knowledge related to all the important requirements for the development of this project and what are the different risks and challenges which sample business case likely to be faced by the company.
Currently, the case company is working in an effective manner but having a great opportunity for offered advanced service to the customers which can help the company in developing a better market image and generating higher profits. The case company is having a license for operating the money transfer in the uniter kingdom De Koker, et.
It can be said that with the better market sample business case and better services the case company is having an opportunity to develop the Remittance Product of their own for offering more advance and efficient services to their customers.
The license for operating the money transfer is a better opportunity for the company and the company should focus on using this opportunity in an effective manner.
In the current era of technological advancements, money transferring is becoming more advance and easy to use day by day and according to this case, the company should also focus on making their business operations more effective for their customers to use. The company is focusing on developing and developing its own remittance product which is a better option for the company. In the traditional transfer, sample business case, the remittance is of two types which are outward remittance and inward remittance but in the present era of technological advancement, this process is considered to be complex Jeong, et, sample business case.
It can be recommended that the case company should focus on developing a remittance that can offer both inward and outward remittance services to their customers. In the present scenario of technological advancement, the company is focusing on developing online remittance which is a better opportunity for the firm. It can be said that it would be beneficial for the company to make better use of this opportunity and develop an effective business plan for developed an online remittance for the users.
The company is focusing on developing online remittance from the United Kingdom to Nepal in the first phase. It is recommended that the company should develop this online remittance and if the company successfully manages the business operations in an effective manner then the company should focus on developing more online remittance for other nations as well. Analyzing the project requirements is an important part of the project plan as it helps in developing an effective plan.
In sample business case project, the company is developing a remittance which is not an easy task, and the firm needs to follow a lot of requirements. For developing an online remittance the company needs to develop an effective online platform that can help the customers in doing online remittance. The company needs to develop an app that can offer sample business case services to the customers and can offer easy to access platform for sending money directly to another person living in another country without involving a bank or a foreign exchange provider.
The most important requirements for this project are human resources, financial resources, great technological support, getting permission from both countries, and technical requirements. The company needs to have an effective human resource who is highly qualified and can develop an effective app that can help the company in offering more reliable and easy online remittance services to their customers.
Apart from human resource financial resources are also the most important resources which are required for the company in developing this online remittance. The case company is having a license of operating money transfers in the UK but now the company needs to take permission from the government for the development of the online remittance and had to follow all the rules and regulations made by both the UK and Nepal governments.
The company needs to have great technical support which can help them in developing an effective app and ensuring the proper functioning of the app or the online remittance services offered by the company. The estimated time which is required for completing this entire project is 1 year in which the company has to do all the tasks such as sample business case development, taking concern from the government, completing all the legal requirements, and executing the plan in an effective manner.
Estimating the overall budget of the project is important as the organization needs to make all the funds available so that they can execute the plan in an effective manner. The amount required for developing the online remittance is high and the sample business case needs to make a great investment in this project Konstantin, and Konstantin, While making an investment it is important for the company to focus on financial investment analysis which can help the company is estimating that how suitable would be the investment made by the company and also helps in predicting the future performance of the project.
The company should focus on using the net present value NPV which is an effective tool for analyzing the profitability of the project.
Firstly we have to calculate the discount rate and then the NVP. It is being found that the NVP is positive and the positive NVP shows that the company is having a better opportunity to invest in this project. With technological advancement, the risk for online transaction service providers is also increasing. The finance service providing businesses face a lot of issues related to terrorist financing sample business case the case company is offering the remittance service and will have to face the same risks including the risk of cybercrimes as well.
Although the remittance sample business case are having higher regulations for the businesses operating in this sample business case which can reduce the risks of financial frauds and money laundering as well Rubini, Another important risk for this project can be a lack of financial resources and human resources sample business case the company should ensure proper availability of these resources.
Along with this, the risk related to the regulations made by the government for the remittance service providing organizations is also a high-level risk so the company needs to ensure that they should follow all the regulations so that they cannot face risk or issues such as loss of reputation or facing sample business case penalties for not following the rules properly.
While offering financial services it is important for the company to ensure that they might deliver high-quality service to their customers Tabassum, The case company should focus on developing a high-quality app that can be offering better performance and more reliable online remittance services to their customers. It can be recommended that the company is looking for a great opportunity so the company should focus on making available all the important resources required for this project in an effective manner and should focus on ensuring that should have better financial resources for implementing this plan in an effectively Bloe, and Opoku-Owusu, Along with this, the company should focus on following all the legal requirements properly which would help them in reducing the risks which can affect the outcomes of this plan.
The company should also focus on having better technical support which can help them in reducing the chances of frauds and fake sample business case and claims so that the company can run the business in an effective manner and can lead the company towards success and development in the remittance and foreign exchange industry. Bloe, D. and Opoku-Owusu, S. Beyond remittances: Understanding UK diaspora investment platforms and networks.
In Diaspora Networks in International Business pp. Springer, sample business case, Cham. De Koker, L. and Capal, J. Closure of bank accounts of remittance service providers: Global challenges and community perspectives in Australia. Queensland LJ36p, sample business case. Jeong, Y. and Jeong, S. A study on the acceptance factors to use mobile easy remittance service, sample business case.
Institute of Electrical and Electronics Engineers. Konstantin, P. and Konstantin, M. Investment appraisal methods. In Power and energy systems engineering economics pp. Nurse, sample business case, K. Migration, Diasporas, Remittances and the Sustainable Development Goals in Least Developed Countries. Journal of Globalization and Development9 2. Rubini, A. Rethinking Payments and Remittances.
In Fintech in a Flash pp, sample business case. De Gruyter. New Assignment Help. New Assignment Help [Online]. Securing Higher Grades Costing Your Pocket? Book Your Assignment At The Lowest Price Now! Select subject. Free Assistance.
Assignment Help Samples Project Management Business Case For A Project Assignment Sample. Business Case For A Project Assignment Sample Pages: 8 Words: Download Full Sample business case. Objective To develop an effective project plan for the organization.
To help the company in developing an effective online remittance product, sample business case. BUDGET ESTIMATE Estimating the overall budget of the project is important as the organization needs to make all the funds available so that they can execute the plan in an effective manner. Financial investment analysis While making an investment it is important for the company to focus on financial investment analysis which can help the company is estimating that how suitable would be the investment made by the company and also helps in predicting the future performance of the project.
POTENTIAL HIGH-LEVEL RISKS With technological advancement, the risk for online transaction service providers is also increasing. Free Download Full Sample. someone in has bought skills for academic study.
How to Write a Business Plan - Entrepreneurship 101
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Feb 26, · A business case is a document that justifies a new project to management and stakeholders. This document is crucial when a project requires a major investment of money or resources. The business case is typically developed by the project sponsor and presented to key stakeholders for evaluation. The project is then approved, rejected, deferred The business case is needed when resources or expenditure on a project has to be justified. Approval is usually sought from the project sponsor and other interested parties. For instance, the finance function may authorize funds and the IT department provide resources. How to write a business case. The purpose of the business case is communication Example: This business case outlines how the Web Platform (WP) Project will address current business concerns, the benefits of the project, and recommendations and justification of the project. The business case also discusses detailed project goals, performance measures, assumptions, constraints, and alternative options. Issue
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