Business and Management

Posted: July 31st, 2013

Your business plan should have a title page, table of contents, executive summary, marketing plan, financial plan, operational plan, and appendix. The plan should read with a single voice style and writing. Always write the business plan in 3rd person. And, it should flow smoothly. Everything, especially numbers, should tie together throughout the plan. How you analyze your research and how you tie it down to your business are extremely important.  Use only facts not your feelings. I will be looking for the depth and the breadth of your findings and analysis. I will closely examine all sections to evaluate its content, correctness, and relevancy. Your writing should be logically organized, readable, and persuasive. I would encourage you to include graphs and charts and back up your statements with logic. A poorly written plan with unrelated information does not equate to “A” level work. Pay attention to spelling, grammar, punctuation, and clarity of expression. You must use citation from your research.

In each section of your business plan, use relevant information from your research, the text material, and the class lecture. You can certainly use the templates that I have provided, a sample business plan from your text book, or business plan software. Remember, these examples are general guidelines; you have to make decision on what kind of and how much information should be included in each section. No matter whichever plan you choose, you should review the textbook, lectures, lectures outline, Power Point presentations, homework assignments, and discussions. That will help you to pull all of this together and plug the information into the right section. The information you will need to include in your plan depends on the type of your business. For example, if you are planning to open up a bakery or a bar, you do not need distribution channels. In this case, your customers will come to you to buy your products. However, you should mention your vendors, inventory control, and so on.

The plan is worth a maximum of 100 points. Submit it into the dropbox.

SUBMIT THE PLAN ON OR BEFORE THE DUE DATE. DO NOT PROCASTINATE. FAILURE TO SUBMIT THE PLAN BEFORE THE DEADLINE WILL RECEIVE A “0”.

Business Plan Outline-

BUSINESS PLAN:
Title Page
Table of Contents
Executive Summary
Marketing Plan
Financial Plan
Operational Plan
Appendices and Bibliography or Works Cited