Assignment: Business Plan
This assignment consists of two (2) sections: your final business plan and your business plan financials.
You have completed all of the necessary sections of your business plan and will now create a final draft. Use any / all feedback you have received to polish your plan to the point that you could confidently show it to investors and potential partners or customers.
Refer to the Outline of a Business Plan, beginning on p. 399 of the course text. Not all businesses will include all of these components in this order, but use the outline as a guide. Specifically your plan will not require the Development, Milestones, and Exit Plan section of the business plan.
Section 1: Business Plan
Construct a ten to thirty (10-30) page business plan.
1. Write a one to three (1-3) page executive summary for your business plan, in which you justify:
A clear and concise business concept.
A thoroughly planned business concept.
A capable management structure.
A clear-cut market need.
Significant competitive advantages for your business.
Realistic financial projections.
That investors have an excellent chance to make money.
A realistic and developed exit plan.
2. Combine all of the sections stated below and revise your initial business plan draft, which you submitted in Week 8, based on feedback you have received.
Executive Summary
Company Description
Industry Analysis and Trends
Target Market
Competition
Strategic Position & Risk Assessment
Marketing Plan & Sales Strategy
Operations Plan
Technology Plan
Management & Organization
Ethics & Social Responsibility
The Financials
3. The Financials and the Management description-must spark enough interest to convince a reader to continue. Enhance the two (2) mentioned sections to appropriately engage the reader.
Section 2: Business Plan Financials
1. For year one, submit a revised Income Statement, Cash Flow Projection, and Balance Sheet from the "Business Plan Financials" Excel template based on your feedback from Project Deliverable 4: Business Plan - Draft.