Homework
Now it's time to pull everything together and create your final business plan. Make sure to review all the feedback you received and make the necessary corrections. Then copy and paste it all into one document, and add an executive summary and an exit strategy. The executive summary is a snapshot of your business plan as a whole and should touch on your company profile and goals. Additionally, the most successful exits in business require considerable planning. You will need to discuss two key factors to consider when planning your exit strategy.
Write a five pages paper in which you:
I. Write a one page executive summary that includes your company profile and goals.
II. Revise and insert the business models section you developed for Homework 1.
III. Revise and insert the target market section you developed for Homework 2.
IV. Revise and insert the startup funds section you developed for Homework 3.
V. Write a one page exit strategy where you discuss two key factors you would consider when planning an exit strategy. Provide explanation to support your reasoning.
Format your homework according to the following formatting requirements:
o The answer should be typed, using Times New Roman font (size 12), double spaced, with one-inch margins on all sides.
o The response also includes a cover page containing the title of the homework, the student's name, the course title, and the date. The cover page is not included in the required page length.
o Also include a reference page. The Citations and references must follow APA format. The reference page is not included in the required page length.
The specific course learning outcomes associated with this homework are:
a) Examine the process of innovating and developing ideas and business opportunities.
b) Analyze different innovative business models to determine the best model for a specific venture.
c) Analyze the management of a successful innovative company.
d) Examine the process of developing a business plan and setting up the company.
e) Analyze the market, customers, and competition of entrepreneurs.
f) Analyze money sources for finding and managing funds.
g) Determine the most effective communication process to present the business to investors.
h) Analyze methods for exiting the venture.
i) Use technology and information resources to research issues in entrepreneurship.
j) Write clearly and concisely about entrepreneurship using proper writing mechanics.