InstructionPart III of the written business plan should include the following::::::::::::Comfy petty!!!! 1. Describe your direct and indirect competitors,.................. 2. Describe the market that you are entering; What are their strengths and weaknesses?.......................... 3. Describe your customers (Who are your potential customers? How many customers will your business have? Do need to segment them?);........................... 4. Promotional strategies (include your marketing mix: product, price, place, and promotion)....................... ................. Next assignment:::::::: Part IV of the written business plan should include the following: 1. Management team description (write about each of the key team members and previous successes if any),...................................... 2. Describe your qualifications and background,........................... 3. Organizational chart,................................. 4. Employees’ salaries and compensations,...................... 4. What is your legal form of ownership? Why?............................... 5. What licenses and permits will you need?