Discussion 1 and Project 1

The Business Plan

Design a detailed business plan for a new product, service, or business venture of your choice. This could be an idea you have been contemplating or a product presently being marketed, but your business plan must reflect the uniqueness of the idea. For example, it might involve the modification of a certain product based on the unique needs of your community or peer group. Follow the business plan outline provided in Table 8.1 of the course textbook. Be sure to include:

· Title page

· Table of contents

· Executive summary

· Description of product, service, or business

· Description of industry or industry closest to your product or service

· Marketing plan

· Financial plan

· Production plan

· Organizational plan

· Operational plan

· Summary

· Appendices (exhibits)

While it is expected that plan components may vary in length, each should contain detail commensurate with its nature and importance.

Submission Details:

· Submit your answers in a 5- to 6-page Microsoft Word document, using APA style.