This assignment is to create the description of your business.
This high-level view of your business should explain who you are, how you operate and what your goals are. The Business Description Section is a detailed description of your business. It covers areas such as the type of your business, your business location, the products, and services you are selling your customers, how you will make your customers want to buy from you, and who your competition is. This is where you explain your plans for today and areas of expansion for tomorrow.
Use your company description to provide detailed information about your company. Go into detail about the problems your business solves. Be specific, and list out the consumers, organization, or businesses your company plans to serve.
Explain the competitive advantages that will make your business a success. Are there experts on your team? Have you found the perfect location for your store? Your company description is the place to boast about your strengths.