Question: Hello I am needing some help in getting this assignment started. I am lost on what I need to do for this. Each week, you
Hello
I am needing some help in getting this assignment started. I am lost on what I need to do for this.
Each week, you will write your first draft of each section required in the business plan for that week. This will keep you on schedule. The grading, according to the rubric, will take place at the end of the semester once the entire business plan is complete. That will allow editing and continued refinement during the semester. In order to stay on track, you need to complete the following four items for your WRLD Business Plan Canvas:
Mission Statement
Define your business. Answer what your business does.
Purpose Statement
State the reason your business exists. Answer the why.
Core Values
State the values that will guide your business decisions
Value Proposition
Describe your product or service and its unique value, the problem you help solve.
WRLD Business Plan Parts
All Sections
unread replies replies.
While the plan will be graded at the end of the semester when you have completed all the sections, use this Discussion Board to post your first drafts so the professor will see that you are keeping up This will also be a place where you can provide and recieve good feedback from others in the class and see how others are drafting their sections. The actual form for you to fill in and use to submit your final business plan will be upload later for you to cut and paste these drafts. Complete the following three items on your WRLD Business Plan Canvas:
Key Partners Describe your most important partners, key suppliers, and what key activities those partners perform.
Key Activities State your competitive advantage and the key activities you perform daily to deliver your value proposition.
Key Resources What resources do you require to deliver your value proposition?
WRLD Business Plan Parts
All Sections
unread replies replies.
While the plan will be graded at the end of the semester when you have completed all the sections, use this Discussion Board to post your first drafts so the professor will see that you are keeping up This will also be a place where you can provide and recieve good feedback from others in the class and see how others are drafting their sections. The actual form for you to fill in and use to submit your final business plan will be upload later for you to cut and paste these drafts. Complete the following three items for your WRLD Business Plan Canvas:
Customer Segments
Who do you serve? Who are your customers that pay, receive, or decide on your value proposition?
Customer Relationships
Describe what kind of relationship each of your customer segments expect from your business. How do you establish and maintain this?
Channels
How are your customer segments reached with your value proposition? How are these channels integrated with their routines?
WRLD Business Plan Parts
All Sections
unread replies replies.
While the plan will be graded at the end of the semester when you have completed all the sections, use this Discussion Board to post your first drafts so the professor will see that you are keeping up This will also be a place where you can provide and recieve good feedback from others in the class and see how others are drafting their sections. The actual form for you to fill in and use to submit your final business plan will be upload later for you to cut and paste these drafts. Complete the following three items for your WRLD Business Plan Canvas:
Cost Structure
What are the most important costs in your business model? What key resources or activities are most expensive?
Revenue Model
How does your company make money? What are customers willing to pay and how are they paying?
Break Even Analysis
Calculate and present a breakeven analysis for your value propositions
WRLD Business Plan Part
All Sections
unread replies replies.
While the plan will be graded at the end of the semester when you have completed all the sections, use this Discussion Board to post your first drafts so the professor will see that you are keeping up This will also be a place where you can provide and recieve good feedback from others in the class and see how others are drafting their sections. The actual form for you to fill in and use to submit your final business plan will be upload later for you to cut and paste these drafts. Complete the following three items for your WRLD Business Plan Canvas:
Pro Forma Financials: There are multiple examples of pro forma statements online. The WRLD Business Plan Canvas will have a simplified format you can use, or you may submit a separate document along with the first two pages of your WRLD Business Plan Canvas. For this disscussion board, you are free to post in order to get feedback, but it is optional.
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