2.2 History
Explanation
Describe the origin of your enterprise, who the key personnel were and their current status. If previous investment capital was provided, explain how much, on what terms and what the performance has been in providing a return for that investment. Describe what markets your enterprise has been pursuing, what market penetration has been achieved and whether you have been profitable.
Factors to consider:
Founder names
Years in business
Market share
Distribution channel relationships
Distribution channel costs
Experience with regard to offering:
quality,
durability,
uniformity,
pricing.
Reputation of enterprise, offerings
Customer relations
Financials
Sample from CitiLoc, Inc.
Since CitiLoc is a new enterprise, this section will not be included.
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