Your Task As a sole proprietor, create a hypothetical future business in the Capital Region ...
Transcript of Your Task As a sole proprietor, create a hypothetical future business in the Capital Region ...
Your TaskYour Task
As a sole proprietor, create a hypothetical future business in the Capital Region
Present your business plan to the class
A Word to the Wise…
Business ideas begin small and grow in time
Do not try to be everything to everyone
Offer something unique and of value to yourself
Step 1: Project Step 1: Project Approval SheetApproval Sheet
By April 19th, you will need to submit a project approval sheet
Items to include: Nature of the business Storefront Why your business is needed Name of business Competition and differentiation
Step 2: Business ProfileStep 2: Business Profile
Due April 26th ,can be completed in project packet.
Items to include: Reasons for success Market needs Individuals/Businesses that need your business Differentiation Number of employees, salaries/wages, with
explanation Chart of projected sales, costs, and profits,
graphs of sales
Steps 3 and 4: Market Steps 3 and 4: Market and Marketing and Marketing
StrategiesStrategies Due May 3rd, can be completed in project
packet
Questions to answer: What is the market for your product? Who is your competition? How is your product unique? How will you advertise your business?
You will need to include an example of print or media advertising.
Steps 5 and 6: Management Steps 5 and 6: Management and Organizational Structure and Organizational Structure
and Fundingand Funding
Due May 10th , can be completed in project packet
Items to include: How will you set up your business? How will you fund your initial start-up costs? What is your long range financial strategy What future funding do you foresee yourself
needing?
Step 7: Executive Summary
Company overview
Gives your reader a thought of what your company is all about Include Mission Statement Perceived need for your company
Step 8: PaperStep 8: Paper
Final Paper will be due May 16th
You will need: 1 page Executive Summary
This is your business idea in one page, branding, location
4 to 5 page paper including Steps 2,3,4,5,6 Works Cited
Step 9: PowerPoint Step 9: PowerPoint PresentationPresentation
A printed copy of your presentation is due May 24th , you PowerPoint should include the key points you wish to make during your presentation
Presentation guidelines will be given after the paper has been submitted.
For additional help….
http://www.sba.gov/category/navigation-structure/starting-managing-business/starting-business/how-write-business-plan
Period 9- Work Days
4/17 and 4/18 Library
4/23 and 4/25 Library
4/30 and 5/2 Library
MONDAY 5/6 Library
5/9 A-7
5/14 Library
5/16 A-7
5/21 and 5/23 Library
Period 8- Work Days
4/17 and 4/18 A-7
4/23 and 4/25 Library
4/30 and 5/2 Library
5/7 Library
5/9 A-7
5/14 and 5/16 Library
5/21 Library
5/23 A-7