Homework

Overview

At this point in the course, you have completed all the necessary sections of your business plan. Your task in this homework is to create the version of your plan. You will include all the previous homework you have been working on and attach the financials.

The key to this homework 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 to 2 page executive summary.

This homework consists of two parts:

A. Your business plan (an MS Word document).

B. Your business plan financials (using the Company Financials Excel Template.

Reminders and Notes

I. 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.

II. Be sure to follow the guidelines provided.

III. For-Profit Startup Company Guidelines. [DOCX].

IV. Use the template below for this homework (Word portion):

1. Homework 4 - Business Plan-Final. [DOCX].

Part A: Business Plan-Final

Notes

I. The executive summary is a critical aspect of this homework. 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.

II. 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:

1. Executive Summary Plan Preparation Forms on pages 58-61.

2. Sample Plans on pages 62-66.

3. Examples of Executive Summaries.

Instructions

In MS Word, construct a 10 to 20 pages business plan in which you:

I. Develop an executive summary that highlights the key points for each section of the business plan.

1. You should not exceed 2 pages.

II. 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 homeworks and revising them to build your business plan:

1. Company Description and SWOT Analysis.

2. Marketing Plan.

3. Operations, Technology, Management and Organization, and Social Responsibility Plan.

Part B: Company Plan Financials

I. Develop the draft of your Company`s Financial Excel Template.

1. Using the 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.

2. Specifically, you will want to review and make sure you`ve thoroughly incorporated feedback you received from:

1. Discussion.

The specific course learning outcome associated with this homework is:

I. Construct a business plan with an executive summary that justifies a clear concept, a management structure, a market need, competitive advantages, and financial projections.