Develop your 8-10 page Final Business Plan by reflecting on the work from the last four weeks. Incorporate at least 6 resources.
Focus of the Business Plan
- Executive Summary:
- a. A page of plan highlights
- Company Description:
- a. What business will you be in? What will you do? Describe the following elements:
- – Mission Statement
- – Company Goals and Objectives
- – Business Philosophy
- – Legal form of ownership
- Product or Service:
- a. Describe your product or service and the benefits it will provide for customers
- – Describe the industry and how you will position your company
- Market Analysis:
- – To whom will you market your products?
- – Describe pricing, promotion, distribution and forecasts for your product/service
- Strategy and Implementation:
- – Describe your most important company competitive strengths and core competencies.
- – Develop an operations flow diagram to show the key steps in the production of a product or the delivery of a service
- Management Team:
- – What background experience, skills, and strengths do you personally bring to this new venture?
- – Who are the key members of the team? What strengths do they bring to the venture?
- – What outside assistance will you have (board of directors, board of advisors, etc?) Be specific.
- Financial Plan:
- a. Include material on the following:
- – Source and use of funds sheet (how much money a firm needs, how it will raise money, and what the money will be used for)
- – Assumptions sheet (explanation of the most critical assumptions that your financial statements are based on)
- – Pro Forma Income Statement
- – Balance Sheet
- – Cash Flow Statement
- – Appendices (any supporting documentation)
Writing the Final Paper
The Final Paper:
- Must be eight to ten double-spaced pages in length and formatted according to APA style.
- Must include a cover page.
- Must include an introductory paragraph with a succinct thesis statement.
- Must address the topic of the paper with critical thought.
- Must conclude with a restatement of the thesis and a conclusion paragraph.
- Must incorporate at least six scholarly resources.
- Must use APA style to document all sources.
- Must include, on the final page, a Reference Page that is completed according to APA style.
(attached is all work that is relevant to this assignment)
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