Assignment 1- Business Plan Topic

For this assignment, answer the questions listed in Chapter 24, Exhibit 24-2 “Basic Information for the Service or Equipment Description” as they pertain to your selected business.  These answers will help you as you begin to develop your business plan. Your paper should be two to three double-spaced pages in length. 

1. Have you ever been involved in the creation of a business plan?

2. If so, did the plan include all three segments (organizational, marketing, and finance)? If not, why do you think one or more of the segments was missing?

3. Have you ever attended the formal presentation of a business plan? If so, was it successful in obtaining the desired funding?

4. Was the plan that was presented similar to what we have described in this chapter? What would you have changed in the presentation? Why?