Business project

· The purpose of the Group Business Plan Project is to show me that you have a comprehensive understanding of the concepts presented during the class. This will be evidenced by your Group Business Plan and by your personal Investment decisions when you invest Class Script in one or more Business Plans.

· You are required to create a Business Plan for a  New Restaurant Concept .

· All Students will create a Business Plan for the same kind of business to make the competition as fair as possible.

· You may NOT use a business plan that you developed for another class project outside of this class.

· The Business Plan must be constructed such that you need a minimum of $200,000 in investment which you will attempt to raise from Investors (students) during your Business Plan Presentation.

· You may not 'pretend' to contribute more than $50,000 individually as Founders. The Founders as a group may not contribute more than $200,000 to the business. In other words... you can not pretend that you are putting in $1,000,000 and only need $200,000 to finish the investment. Your maximum 'pretend' personal contribution from any and all other sources is $200,000.

· The Maximum Investment that you may request is $1,000,000.

· Your Business Plan must be for a 'Start-up' business. You may NOT presume that you have an existing restaurant business that is expanding.

· You MUST offer Common Stock to Investors.

· You MUST need Investors.

· You MUST specifically identify what Investors receive in the way of stock... shares and % of ownership... in your company.

· You will submit both a written document and a spreadsheet. The written document should be between 15 and 25 pages single spaced with little or no graphics. If you add graphics I will expect more. Paragraphs should have a blank space between then but the individual paragraphs will be single spaced. The spreadsheet should be 10 individual pages. Each page should cover one year. The detail should be printed in 10 point font or greater.

· You will be presenting your Business Plan to the Class and will be required to raise Investment Money from the other students (Investors). If your written Business Plan and your Group Presentation does not clearly request an investment of at least $200,000 you will have 20 points deducted. No exceptions.

· Each Student will be given $50,000 in ‘Class Script’ to invest. The reasons you give for making your investment will be 30% of your Business Plan Project grade. Well thought out reasons for making your Investment may add to your individual grade… poorly articulated reasons will not help your grade and may be a reason to deduct from your individual Business Plan Project grade.