Business plan

BMT 101 – Introduction to Business

Business Plan

Extra Credit Assignment

This extra credit assignment is designed to help you become familiar with the concepts we are learning in the class. By applying the concepts to a business plan design you will have the opportunity to work with business concepts in a real way.

Points earned on this project will be added directly to your cumulative grade at the end of the semester:

Project with all 7 elements will receive 1 extra point.

Projects completed as part of a team earn 1 point in addition to the above point

Parts 1 & 2

Review parts of a business plan

Choose what type of business: service or product

Decide legal form of your business (sole proprietor, partnership, corporation)

Choose a name for your business

Parts 3 & 4

Choose a management team

Create an organizational structure – chart

Outline a human resources structure

Part 5

Marketing: What marketing strategy will you use?

Part 6

Finances: What are your startup costs going to be? What is your break-even point?

Part 7

SWOT and exit strategy

Format:

a. PowerPoint Presentation

b. 10 – 15 slides – use good design practices

c. Appropriate design theme and graphics

d. Transitions and animations can be used – sparingly!!

e. Upload and submit the assignment through the assignment link in Blackboard.