Compose a research paper on Which four components make up a business plan?
The Business Plan is intended to be your finest work of the semester. The premise of the assignment is that you are submitting your business plan to an angel investor, bank, or other financial source for their consideration and, hopefully, their support. Therefore, the plan should be a document about which you are incredibly proud.
You may complete this individually or as a self-selected team of two. If you decide to do this project as a team, please indicate the name of your teammate in part A below.
Overview
This project will be completed in two parts:
2A. Research the business, then write/submit a business plan following the detailed instructions provided by the professor.
2B. Record a video to present your business plan. Do not need to create any PowerPoint chart for the presentation.
2a The objective of this project is to integrate the business concepts you are learning in Introduction to Business into a real-world application. You will develop a business plan for a new business venture of your choosing. Business plans are extremely important to the development of a new business.
In addition to providing a clear outline of the objectives of the business and the financial goals of the business, a business plan also is required when a new business requests a loan or other type of capital in order to finance the startup or growth needs of the business. A typical business plan is 25-50 pages and takes months to complete. Yours will be much shorter and less detailed.
Follow the detailed project instructions in the Understanding a Business Project Instructions.docx file (attached).
Be sure to use these section titles:
Title Page
Section 1 – Executive Summary
Section 2 – Business Description
Section 3 – Management/Organization/Operations
Section 4 – Financial Plan (Please use the Business Plan Financial Model Template in Excel)
Section 5 – Startup Funding Required (The amount of money you need to have your business open on day one)
Section 6 – Marketing Plan
References
Grading will be based on compliance with the instructions, with a strong emphasis on the overall quality of your responses and additional information provided. Grammar and spelling also will be included in the grading.
A checklist is included in the attached rubrics (in Excel format). Please check your report against the rubric to ensure all requirements are met.
This assignment must be submitted in either MS Word or Pdf format ONLY. Do not submit Google Docs because it is not compatible with Blackboard!
Also attached are two examples (Comfy Cafe and Petty’s Cafe) for your reference. Please do not copy/paste any part of this file.
How to submit your final business plan report:
Save the assignment on your computer or device as either MS Word or Pdf file.
Click on the subject line of this document, a Preview Upload Assignment will open up.
Page down and click on the “Browse Local Computer” button to find and attach your report. Then submit the file.
You have unlimited attempts to submit/resubmit your selection. Only the last submission will be graded.
Your submission will be checked automatically for plagiarism using SafeAssign. Be sure to provide the appropriate citations using APA format.
