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The assignment consists of two (2) sections. Your final Business Plan and your business financials. Note: Both sections should submitted separately.
Refer to outline of a business plan, beginning on p. 399 of the course text.
Section 2: Business Plan (MS Word). Construct a fifteen (15) page business plan.
1) Write a one to two page executive summary for your business plan, in which you justify.
a) A clear and concise business concept.
b) A thoroughly planned business concept.
c( A capable management structure.
d) A clear cut market need.
e) Significant competitive advantage for your business.
f) Reliable financial projection.
g) That investors have an excellent chance to make money.
h)nA realistic and developed exit plan.
Note: Use the plan preparation on 58-61 and the sample executive summaries on pp. 62-66 to help guide you, Choose to write either synopsis summary or a narrative summary, and include highlights from each section of your business 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 (Assignment 1)
* Industry Analysis and Trends (Assignment and Trends ( Assignment 1)
^ Target Market (Assignment 2(.
* Competition ( Assignment 2)
* Strategic Position and Risk Assessment (Assignment 1).
* Operations Plan ( Assignment 3 part 1).
* Technology Plan ( Assignment 3 part 1).
* Management and Organization (Assignment 3 part 2
* Ethics and Social Responsibility (Assignment 3 part 2).
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.
Hint: The financials section of your business plan will be derived from the previously completed financial worksheets.
4) Format your assignment according to these formatting requirements cite resources you have used to complet this exercise.
Section 2: Business Plan Financials
6) For year one, submit a revised Income Statement, Cash Flow Projection, and Balance Sheet from the Business Plan Financials. Excel template.
project deliverable A: Business Plan Draft .
* Describe strategic planning techniques used to formulate alternative strategic designed to achieve stated business goals.
* Create a plan to implement a firm’s strategy and manage the change from current operations.
* Analyze strategies for exerting the internal leadership needed tio drive the implementationof strategic initiaves and improve operating excellence.
Use technology and information resources to research issues in Strategic Management.