Its to create a business plan and answer these questions in small paragraphs, please i need help i dont have time

Developing a Business Plan PART 1: THE CONTEMPORARY BUSINESS ENVIRONMENT Goal of the Exercise In Chapter 3 we discussed how the starting point for virtually every new business is a business plan, Business plans describe the business strategy for any new business and demonstrate how that strategy will be Implemented. One benefit of a business plan is that in preparing it would be entrepreneurs must develop their idea on paper and firm up their thinking about how to launch their business before investing time and money in it. In this project, you'll get started on creating your own business plan The starting point for any business plan is coming up with great idea." This might be a business that you ve already considered setting up. If you don't have Ideas for a business already look around. What are some businesses that you encounter on a regular basis? Restaurants, childcare services, and specialty stores are a few examples you might consider. You may also wish to create a business that relates to a talent or interest you have, such as crafts, cooking, or car repair it's important that you create a company from scratch" rather than use a company that already exists. You'll learn more if you use your own ideas Once you have your business idea your next step is to create an "Identity" for your business. This includes determining a name for your business and an idea of what your business will do. It also includes identifying the type of ownership your business will take topics we discussed in Chapter 3. The first part of the plan also briefly looks at who your ideal customers are as well as how your business will stand out from the crowd. Part 1 of the plan also look at how the business will interact with the community and demonstrate social responsibility topics we discussed in Chapter 2. Finally, almost all business plans today include a perspective on the impact of global business Part 1: The Contemporary Business Environment 1. What is the name of your business U G Part 1: The Contemporary Business Enviroment 1. What is the name of your business? Hint: When you think of the name of your business, make sure that is captures the spirit of the business you're creating 2. What will your business do? Hint: Imagine that you are explaining your idea to ty member or a friend. Keep your description to 30 words or less 2. What form of business ownership Isole proprietorship, partnership corporation will your business take? Why did you choose this form? Hint: For more information on types of business ownership, refer to the discussion in Chapter 4. Briefly describe your ideal customer. What are they like in terms of age, income level and so on? Hint: You don't have to give too much detail in this part of the plan 5. Why will customers choose to buy from your business instead of your competition Hint: In this section, describe what will be unique about your business For example, is the product special or will you offer the product at lower price? 6. All businesses must deal with ethical issues. One way to address these issues is to create a code of ethics List the core principles your business will follow Hint: To help you consider the ethical issues that your business mich face refer to the discussion in Chapter 7. A business shows social responsibility by respecting stakeholders. What steps will you take to create a socially responsible business? Hint: Refer to the discussion of social responsibility in Chapter 2. What steps can you take to be a good in the community 8. Ww you sell your product is another country? If so, what countries and why? What changes will you face? Hint: To help you consider issues of obal business, refer to Chapter Consider how you will expand internationally, Independent agent licensine, etc) Do you expect global competition for your product? What advantages will foreign competitors have? PART 2: THE BUSINESS OF MANAGING in Part 1 of the business plan project, you formatda basic identity your business Part 2 of the business plan projects you to think about 5 6 AN 8 E R T Y U o o P F G H J K C V B N A C M PAT 2: THE BUSINESS OF MANAGING In Part 1 of the business plan project you formulated a basic identity for your business Part 2 of the business plan project asks you to think about the goals of your business, some internal and external factors affecting the business, as well as the organizational structure of the business As you leared in Chapter 5. every business set goals. In this part of the plan, you'll define some of the goals for your business. Part 2 of the business plan also ask you to perform a basic SWOT analysis for your business. As you'll recall from Chapter 5, a SWOT analysis looks at the business's strengths, weaknesses, opportunities, and threats. The strengths and weaknesses are internal factors things that the business can control. The opportunities and threats are generally external factors that affect the business: Sociocultural forces: Will changes in population or culture help your business or hurtit? Economic forces: Will changes in the economy help your business or hurtit? Technological forces wit changes in technology help your business or hurt it? Competitive forces: Does your business face much competition or very little Political legal forces will changes in laws help your business or hurtit? Each of these forces will affect different businesses in different ways, and some of these may not apply to your business at Part 2 of the business plan ahoads you to determine how the business is to be run, part of this will require you to create an organizational chart to get you thinking about the different talis needed for a successful business. You'll also camine various factors relating to operating your business Part 2: The Business of Man 3. Provide brief mission statement for your business Hint: Refer to the discussion of mission statements in Chapter 5. Be sure to include the name of your business, how you will stand out from your competition, and why a customer will buy from you. 10. Consider the goals for your business. What are three of your business Fons for the first year? What are two intermediates to form foa? Part 2: The Business of Managing 9. Provide a brief mission statement for your business Hint: Refer to the discussion of mission statements in Chapter 5. Be sure 10 include the name of your business how you will stand out from your competition, and why a customer will buy from you 10. Consider the goals for your business. What are three of your business goals for the first year? What are two intermediates to long-term goals? Hint: Refer to the discussion of goal setting in Chapter 5. Be as specific and realistic as possible with the goals you set. For example, if you plan on selling a service, how many customers do you want by the end of the Test year, and how much do you want each customer to spend? 11. Perform a basic SWOT analysis for your business listing its main strengths, weaknesses opportunities, and threats. Hint: We explained previously what factors you should consider in your basic SWOT analysis. Look around at your world, talk to classmates, or talk to your instructor for other ideas in performing your SWOT analysis 12. Show how the team' fits together by creating a simple oranizational chat for your business. Your chart should indicate who will work for each manager as well as each person's job title Hint: As you create your organizational chart consider the different tasks involved in the business. Whom will each person report to? Refer to the discussion of organizational structure in Chapter 6 for information to get you started 13. Explain what types of raw materials and supplies you will need to run your business. How will you produce your good or service? What equipment do you need? What hours will you operate? Hint: Refer to the discussion of operations in chapter 7 for information to get you started 14. What steps will you take to ensure that the quality of the productor service stays at high level? Who will be responsible for maintaining quality standards Hint. Refer to the discussion of quality improvement and TOM in chapter 7 for information to get you started PART 3: PEOPLE IN ORGANIZATIONS At this point, your business has an identity and you've described the factors that will affect your business and how you will operate it. Part 3 of the business plan project asks you to think about your employees the jobs they will be performing and the ways in which you can lead and that H Part People in Ottone 15. What do you see is the corporate culture of your business? What types of employee behavion, such as organizationalitiership will you expect? Hint: Will your business demand aus environment or a more professional wire? Refer to the discussion on employee behavior in Chapter for information on organizational citizenship and other employee behaviors 16. Looking back at your organisational chartin Part 2. briefly create job description for each tim member Hot As you learned in chapter 10, a job description is the duties and responsibilities of job, its working conditions and the tools, materials, equipment and informatie sed to perform it. Imagine your business on a typical day. Who is working and what is each person's responsibilities? 17 Next, create a job specification for each job. Isting the sits and other credentials and qualifications neded to perform the job effectively Hnt. As you write your job specifications, consider what you would write if you were making and for the position. What would the new employee need to bring to the job to quality for the position? 18. What sort of training if any, will your employees need once they are hired? How will you provide this training Hint Refer to the discussion of training in this chapter Will you offer your employees on the job training of the job training vestibule trainine 19. A major factor in retaining skilled workers is a company's compensation tem the total package of rewards that it offers employees in return for their bor Part of this compensation systems includes wages or salaries What was ore we you offer for each job? Why did you decide on that pay rate? Het Hofer to the discussion in this chapter for more information on forms of compensation. You may also want to check out web sites that Indudes a salary witard you can use to determine how much people with different job titles are main in your area and across the United States 70. As you learned in this chapter, incentive programs are special program designed to motivate high performance What intentives will you use to motivate your worldorce? Hint: Be creative and look beyed a simple answer such as giving ay