Badm475 U4db – Create a Business Plan

APA Format, No grammar errors, No plagiarism. Must be on time.
WORDS:depends on answering whats needed.

For this unit, turn your attention to a more detailed look at the business plan. discuss writing a business plan, as well as business plan contents.

 The discussion assignment for this week includes a review of the Key Assignment Outline.
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Your first task is to create a Key Assignment Outline so that other students are able to review your plan, include any notes you feel are appropriate. The purpose of this assignment is to help improve the quality of the Key Assignment Draft.

For assistance with your assignment, please use your text, Web resources, and all course materials. The objectives of this week’s discussion are to assist you in evaluating your personal preparedness for entrepreneurship, and to enhance your likelihood for future successful new business ventures. 

 
Remember, this is due no later than midnight of Friday, October 26, 2018 in order to be considered on time. 

Also, we have another individual project that is due this week. For this week’s assignment, write a detailed outline (like the one below) of your business plan. Organization is important.
Outlines will vary based on the type of venture.
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** A basic outline of the proposed business plan would include the following:

Cover Page

Name of the business
Address and phone number
Issue date of plan

Table of Contents
Executive Summary

Company information
Market opportunity
Financial data

Company

Background
Business form
Reason for the firm’s establishment

Environmental Analysis

Economic
Competitive
Legal
Political
Cultural
Technological

Products or Services

Different from those currently on the market
Other uses for the product
Drawings or photos, if appropriate
Patents or trademarks
Competitive advantage
Potential for growth
Manage the product or service through the product life cycle
Expand the product line or develop related products

Management Team

Technical skills
Business skills
Experience
Compensation
Training
Professional assistance

Time Line

Outline interrelationship and timing of major events planned for your venture
Timing of objectives should be realistic and attainable

Benefits to the Community

Economic development
Community development
Human development

Exit Strategy (How and how long before you and your investors will exit the business and get back your investments?)

Who will succeed you in the business?
Will the business be sold?

Financial Plan

Sources and uses of capital (initial and projected)
3-year projections of:

Cash flow statements
Balance sheets
Profit and loss statements

Breakeven analysis
Conclusions and important points:

Discussion of how much equity and how much debt are included
Highest amount of cash needed
Expected payback period for loans

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Assignment is due no later than midnight of Wednesday, October 31, 2018, Halloween! (plan accordingly)- (12 o’clock midnight central time) in order to be considered on time. 

**When finished, your business plan should be between 500 and 600 words.

**Reading Assignment:
Entrepreneurship: A Real-World Approach by Abramse-Book – VitalSource Planning 97819338956041804