This paper discusses the business plan for a Tango International Fabrics Company. The firm is a newly formed enterprise in Australia focusing on the sportswear segment of the sports industry. Tango is a prospective entrant and therefore the business plan features the chronological steps that the management of the facility has to pursue in order to realize a successful entry and operation in the nearly monopolistic sportswear market.
The policy features the firm’s relative position by exploring the feasibility of the market, finance, technology, and human resource. Moreover, the business model canvas is applied to assess the company’s internal activities relating to various parameters that have an influence on its success. Generally, the company has adequate resources and strategies to enter the market