Entrepreneurship and Venture planning

Description
Assignment?3:?Part?Two???Business?Plan
Instructions
Business?Plan
The?final?project?requires?you?to?develop?a?comprehensive?business?plan.?This?plan?should?be?a?working
document?on?how?to?establish?or?acquire?and?operate?a?business?venture.
Required?Elements?to?include?in?the?Business?Plan:
Cover?all?basic?matters,?including?a?description?of?the?business?and?products/services?to?be?offered,?identification
of?target?markets,?and?analysis?of?competition.?The?project?will?consist?of?a?completed?business?plan?for?your
real?or?imaginary?business?venture.?Although?there?are?different?types?of?enterprises,?there?are?commonalities
among?all.?These?should?be?reflected?in?the?following?sections:
��introductory?letter
��executive?summary
��statement?of?objectives
��background
��technical?description?of?product/service
��marketing?strategy
��market?data
��selling?tactics
��operations?plan
��financial?data
��management?plan
��human?resources?plan
��conclusions
Grading?will?be?based?on?content,?comprehensiveness,?organization,?packaging,?grammar,?mechanics,?and?timely
submission
You?may?consult?with?fellow?students,?use?outside?sources,?or?discuss?portions?of?the?project?in?detail?with
instructor
The?final?paper,?however,?must?be?your?original?work.
Required?Formatting?of?Paper:
Must?be?typewritten?and?neatly?packaged?in?a?form?presentable?to?a?financial?institution?or?investor.
As?some?businesses?are?more?complex,?no?specified?number?of?pages?is?required.?The?key?is?to?ensure?that?all
critical?portions?of?the?plan?are?covered?in?sufficient?detail?to?portray?in?depth?thought?and?effort.?Some?areas
may?not?apply?to?all?businesses.
Financial?statements?are?important,?and?you?are?expected?to?provide?pro?forma?balance?sheets,?income
statements,?break?even?analyses,?and?cash?flow?projections.
You?should?decide?early?in?the?course?what?type?of?business?the?plan?will?involve,?as?high?quality?plans?cannot
be?developed?in?a?short?time.
You?should?get?an?early?start?to?perform?the?research?and?to?prepare?a?paper?that?covers?all?aspects?of?a?business
plan.

 
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