Business Plan Summary

Executive Summary MGT/465 Version 2

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University of Phoenix Material Executive Summary

Part One: Executive Summary Elements

Learning Team’s Vision Statement for the business is:

To be one of San Diego’s favorite bakery, by creating innovating products and providing exceptional customer service experiences.

Executive Summary Data

Complete the following template: Executive Summary

Element Research Results

Marketing Product/Service Idea- Describe Product/Service Characteristics

Benefits/Features Product Control, Creavitity, and Expansion. Unique Features fresh and quality ingredients, variety, different flavours, excellent services Limits and Liabilities General Liability: $1,000,000; Product Liability: $1,000,000; Business

Pwersonal Property $5,000; Damage to Business Rented $250,000. Bakers Insurance | Home-Based Bakery Liability Insurance | FLIP (fliprogram.com)

Production and Delivery or Service Execution

Utilize Postmate Uber Eats, Door Dash, GrubHub. As far as Production we are going to keep low, here are effective ways Tips for Reducing Bakery Production Costs (dawnfoods.com)

Suppliers We are getting our local products at Standlee’s INC. Home (standleesinc.com)

Intellectual Property/Permits We are going to patent low-carb formula, pastries bars, and our famous homemade icecream.

Business Location- Describe Planned Business Location Home Based San Diego (Point Loma) Multiple Locations Point Loma, Mira Mesa, La Jolla, PB Lease Facility- Existing Facility

Leasing Building (LoopNet) 3460 Ingraham St, San Diego, CA 92109 - OfficeRetail for Lease | LoopNet.com

Virtual Register Business, contact helath department, visit FDA, register web, design,

Copyright © 2016 by University of Phoenix. All rights reserved.

Executive Summary MGT/465 Version 2

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website, address, and market business according to CHRON ( How to Build an Online Baking Business (chron.com))

New Facility Construction- Own 3757 Midway Dr, San Diego, CA 92110, the business use to be a car

sales business, Mr. Sli sold us the place for 1.5 million. 3757 Midway

Dr, San Diego, CA 92110 - Land For Sale | Cityfeet.com

New Facility Construction- Lease

We are using LoopNet to continue to expand our business by leasing out property. San Diego, CA Retail Space for Lease | LoopNet.com

Other- Specify Additional Executive Summary Information- Specify Below

Copyright © 2016 by University of Phoenix. All rights reserved.

Executive Summary MGT/465 Version 2

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Part Two: Reflection and Observations

Answer the following questions:

1) What role did each team member provide to obtain business plan information?

Each member did there share of the template and the essay.

2) What roadblocks did the team face when obtaining required information?

Everything went a expected, each member participanted and did there work in a timely manner. Getting the team on the same page.

3) What lessons were learned during the week’s Learning Team assignment which can be applied during the specific phase of business start-up?

Doing research a lot of research. We learn an executive summary is brief clear summary of our business plan which highlights everything. Learning making a vision statement should be straight to the point.

4) What is the team’s overall observations of this week’s assignment relative to the type of information needed to develop a comprehensive business plan?

Getting the right information because there is a ton of information to get from the internet. Organizing all of out thoughts into a brief paper.

5) How does this week’s Learning Team assignment support the Learning Objectives?

The learning objective is to prepare and describe our business plan. We are going into more detail with the business.

Copyright © 2016 by University of Phoenix. All rights reserved.

Executive Summary MGT/465 Version 2

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References

Dawn. Tips For Reducing Bakery Production Costs. Retrieved From Tips for Reducing Bakery Production Costs (dawnfoods.com).

Food Liability Insurance Program. Lianility Insurance For Bakers & Bakeries. Retrieved From Bakers Insurance | Home-Based Bakery Liability Insurance | FLIP (fliprogram.com).

Jones, J. Chron. How to build an online baking business. Retrieved From How to Build an Online Baking Business (chron.com).

LoopNet. Retrieved From LoopNet: Commercial Real Estate for Sale, Lease, Auction

Standlee’s Inc. Retrieved From Home (standleesinc.com)

Copyright © 2016 by University of Phoenix. All rights reserved.