SMALL BUSINESS MANAGEMENT

 
As your course project, you will be tasked with completing and submitting a business plan. The business plan requirements have been provided for your ongoing reference in the Module One Resources content area.

Begin to think about a business idea on which you can base your plan. The business that you choose should be a small business The small business that you choose can be a fictitious business, an actual small business with which you are familiar, or a franchise opportunity that you would like to explore. ( THE BUSINESS IS BASED ON A HAIR SALON ) 

Each section should be approximately one to two pages long (see modules for specific length of each milestone) and reference your resource(s) using APA formatting.

Milestone One: Project Proposal and Company Information

In 1-3 Final Project: Business Plan Milestone One: Project Proposal and Company Information, you will submit Milestone One. The format should be:

• A brief proposal of your business. The business that you choose should be:

a) a small business, AND

b) a fictitious business that you will propose, OR

c) an actual small business with which you are familiar, OR it could be

d) a franchise opportunity that you would like to explore.

The business can be based on a:

a) product, OR a

b) service

• The proposal should be a paragraph or two addressing the items above (b, c, or d; and a and/or b).
• Your paragraph should also describe your business and the product or service you will sell. Use the “Company Information” paragraph on page 87 of your text as a guide for the business description contents.
• Finally, include the type of ownership you've chosen for your business, and why.

Submit a brief paragraph or two on the reasons for your selection, noting in particular the product or service you will sell. Include as well the type of ownership you've chosen for your business and why.