Homework: My Future Business Opportunity Presentation
Purpose of Homework
This homework builds on the ideas that you have for creating a small business. Planning what you can afford and what is needed to gain financial backing is critical to success, and this is an area that can hurt small business owners financially in both the short and long run.
In this homework, you will assess a small business opportunity and conduct initial research. Your final product will be an engaging presentation.
Note: It is recommended that you save this graded presentation for use in MGT/465.
Homework Steps
Create a 25 slides presentation about a potential business opportunity.
Describe a small business that you would like to start or purchase.
Compare the advantages and disadvantages between starting a business from scratch and buying an existing business.
Include details such as the number of employees, the type of facilities and equipment needed, target customer demographics, and marketing channels.
Research three to four companies within your industry, and highlight important parts of their annual reports that can assist you in the development of your own business plan.
Describe how these benchmarked companies started financially and how they have grown by answering the following questions:
1) How did the companies allocate their funding last year?
2) What information did they use to distribute the funding?
3) How did the companies perform against their financial plan?
4) What financial roadblocks or challenges did the companies meet and how were they addressed?
Determine the components that you will need to include in the financial section of your business plan, and explain how this information will be used to allocate funding for your business.
Format your homework according to the following formatting requirements:
(1) The answer should be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides.
(2) 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.
(3) Also include a reference page. The Citations and references should follow APA format. The reference page is not included in the required page length.