How To Write A Business Case Study In A Short Time?
A business case study, unlike a review, provides the most comprehensive information about solving a specific problem. A thorough analysis of the details allows the reader to learn more about a product or service. Let’s get down to business and find out how to write a business case study:
- Outline the problem that can be solved with your suggestions or the opportunities your case suggests to obtain benefits. For example, “clients find errors in our documents and therefore prefer to use the services of other print companies.”
- Describe the solution to the problem in detail, including its scope and goals. Consider a business case study example: “Need to hire a professional editor to study documents before sending them to clients, who will find errors and correct them. This will help you avoid grammatical errors. If this improves the reports’ efficiency, hire more editors to proofread the rest of the documents.”
- Tell exactly how your action plan will solve the problem or help you seize the opportunity; explain the project’s structure and hierarchy, mention alternative solutions. For example: “The editor will report to the office manager, who, in turn, handles the receipt of reports to clients. You can also hire an intern from a local business school to proofread documents; if everything works out, it will be possible to formalize him for work after graduation. “
- Describe the cost and benefit analysis of your action plan. This is where you must show the reader the value of the investment in your proposal. For example: “Over the past five months, we have lost three clients because our reports contained grammatical errors. It cost us approximately $ XXXXX (future profits). If we hire an editor, it will cost $ XXXXX per year, saving $ XXX there. “
- Set a time frame for your project so that the reader will believe in the possibility of its implementation. Here you need to mention the details of project implementation, targets, and key points. For example: “Applicants for the position will be interviewed by an office manager who will also lead the editor’s work. The new staff’s training will take place on the spot, and the job responsibilities will be flexible at first. A special commission will assess the project results and the need for such a position in six months. “
- Assess your action plan’s premises, including information on your project’s strengths, weaknesses, opportunities, and pitfalls. This will show your readers that you (or your employees) are objectively considering the chances of a successful business model. For example: “We decided to give the editor a job, which was occupied by the recently retired consultant Joe. If a job is not available, we can train the editor in the conference room and communicate with him on Skype until we have assigned a table for him. “
- Complete the business case by re-posting the problem or opportunity that the action plan will target. List the key points for applying your plan, summarize the financial benefits, and indicate the costs that will follow if the plan is not implemented.
- Write the conclusions from the business case, as well as an annotation to it. Then place this annotation at the beginning of the case description. Here you only need the essential information from the completed business case and few details.
What Is a Business Case Study and Features of the Method?
As you can see, it is not challenging to compose a given type of paper, so it would be useful if you know what a business case study is in theory. In essence, it is a success story used to improve the demand for the company’s goods and services. The cases’ main purpose is to push a potential buyer to take a similar action when he has similar problems.
Successful business cases can be implemented in any industry. Marketers, psychologists, and politicians often write such materials. A business case study report of companies allows you to show the company’s workflow and demonstrate the level of specialists’ level of knowledge and experience, which is especially essential for the modern Internet business.
Typically, when writing a document, the following business case study format is used:
- Description of the situation.
- Demonstration of the problem.
- Description of the problem-solving process.
- Result. The presented data are supplemented with figures.
- A conclusion is showing how the case has benefited. Here you can also submit feedback from a satisfied customer.
Business cases are viewed twice as often as regular text materials. The work situations described in the success stories encourage users to discuss these materials actively. Examples of business case solutions show your products or services in action, increasing sales, increasing brand awareness, and the company’s overall status.
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