Week 10 assgmnt 599
3 years ago
75
BUS599Guidelines.docx
week10assgmntintsructions.docx
- Week10BUS599_FinalBusinessPlanTemplate.docx
- BUS599_Company_Financials_Excel_Template2.xlsx
BUS599Guidelines.docx
COMPANY GUIDELINES
· You will create a business plan for a for–profit startup company of your choice and you must adhere to the guidelines in this document.
· You will be the CEO of the new business.
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Explanation |
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Business Size |
· Your business is a for profit startup starting operations in January of the current year. · Your sales must be over $1 million by the end of the second year in business. |
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Product or Service |
· Be specific about the product or service you plan to sell and how you will differentiate yourself from similar products or services in the marketplace. · You will list any variations of the product (product lines) or services you sell (service lines) |
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Market Size |
· You will start marketing and selling the product or service in your geographical area within a 100-mile radius from your home and/ or online. |
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Intention to Raise Money |
· You will develop the business plan with the intention to raise funds from investors and grow the business. · You will raise funds from outside investors, either angel investors or venture capitalists and you will give equity in your business in exchange for the money you raise from investors. |
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Facility |
· You will rent or purchase. You will need to identify the cost of rent or purchase price and the cost of utilities. · You cannot operate from your home. |
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Employees |
· You will have employees, a management team, and you will develop your own organizational hierarchy. · You will have more employees and managers in the second year than in the first year as your sales are increasing.
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Equipment |
· You will need to purchase equipment, computers, furniture, vehicles (etc.), as applicable, to run your business. |
Key Business Plan Parameters
1
1
1
week10assgmntintsructions.docx
Overview
At this point in the course, you have completed all the necessary sections of your business plan. Your task in this assignment is to create the final version of your plan. You will include all the previous assignments you have been working on and attach the financials.
The key to this assignment is to use the feedback you have received throughout the course to polish your plan to the point that you can confidently show it to investors and potential partners or customers. Therefore, one new piece to include is a 1–2 page executive summary.
This assignment consists of two parts:
1. Your final business plan (an MS Word document).
2. Your final business plan financials (using the Company Financials Excel Template Download Company Financials Excel Template ).
To successfully complete this assignment, you must attach both documents to the submission area as separate files and then click Submit.
Reminders and Notes
· Your company will operate within a 100-mile radius of your home address. Your goal is to reach $1 million in sales by the end of the second year.
· Be sure to follow the guidelines provided.
· For-Profit Startup Company Guidelines. [DOCX] Download For-Profit Startup Company Guidelines. [DOCX]
· Use the template below for this assignment (Word portion):
· Assignment 4: Business Plan- Final. [DOCX] Download Assignment 4: Business Plan- Final. [DOCX]
Part 1: Business Plan-Final
Notes
· The executive summary is a critical aspect of this assignment. Your ability to condense and highlight critical information about your chosen company to investors will determine whether they decide to invest in you and your company or not.
· Chapter 4, "The Executive Summary," pages 53–66, provides information about writing the executive summary. You may write either a synopsis or a narrative summary. Pay particular attention to the following:
· Executive Summary Plan Preparation Forms on pages 58–61.
· Sample Plans on pages 62–66.
· Examples of Executive Summaries Download Examples of Executive Summaries.
Instructions
In MS Word, construct a 10–20 page business plan in which you:
1. Develop an executive summary that highlights the key points for each section of the business plan.
a. You should not exceed 2 pages.
2. Develop a comprehensive Business Plan for your selected business product or service. Incorporate feedback to produce a comprehensive business plan for the product or business. Specifically, you will be combining all of the previous assignments and revising them to build your business plan:
a. Week 3 Assignment: Company Description and SWOT Analysis.
b. Week 5 Assignment: Marketing Plan.
c. Week 8 Assignment: Operations, Technology, Management and Organization, and Social Responsibility Plan.
· Be sure to include all the headings from each of Assignments 1, 2, and 3 for this section of the business plan.
Formatting
This course requires the use of Strayer Writing Standards (SWS). The library is your home for SWS assistance, including citations and formatting. Please refer to the Library site for all support. Check with your professor for any additional instructions.
· Use the template below for this assignment (Word portion):
· Assignment 4: Business Plan- Final. [DOCX] Download Assignment 4: Business Plan- Final. [DOCX]
Part 2: Company Plan Financials-Final
· Develop the final draft of your Company's Financial Excel Template.
· Using the Company Financials Excel Template Download Company Financials Excel Template, incorporate feedback from previous submissions to produce a comprehensive set of business plan financials for the business's first two years.
· Specifically, you will want to review and make sure you've thoroughly incorporated feedback you received from:
· Week 7 discussion.
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