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Master_Thesis_Business_Plan_for_the_new_venture

1.2 Core competences

The founding entrepreneurs are all business oriented and will all possess MBA degrees therefore funding of the business plan will not be a problem. Furthermore the founding entrepreneurs have a broad network including potential customers and agents in Germany, the United Kingdom and the USA, which shall serve as a competitive advantage over its Russian competitors.

The management team shall be made up of tree master’s degree holders and a powerful Board of Directors (BOD) of three members from start. Such management team will be very useful when the company starts to witness growing pains (see clause 2.1.4 Stages of company growth of this Master Thesis), because it shall be easily handled leading to future growth of the business venture.