Make a business plan Students (in a group) will choose a particular business, which is completely new and make a Business Plan for your chosen company or business. First choose a business then you write about all the following parts: The body of a business plan can be divided into FIVE distinct sections: 1) Description of the business 2) Management 3) Marketing 4) Operations 5) Finances. Although there is no single formula for developing a business plan, some elements are common to all business plans, which are summarized below. Elements of a Business Plan I. Cover Sheet II. Executive Summary III. Table of Contents 1. The Business (Description of the Business) A. Summary Business Concept Current Situation Key success factors Financial situation/ needs B. Vision Vision Statement Milestones 2. Management Management Team and their responsibilities Name of the investors and their proportions 3. Marketing A. Market Analysis The overall market Changes in the market Market Segments Target market and customers: Customer characteristics

Customer needs Customer buying decisions A. Competitive Analysis Industry overview Nature of Competition Changes in the industry Primary competitors Competitive products/ services SWOT Analysis: Key competitive capabilities Key competitive weakness Opportunities Threats and Risks B. Strategy Strategy Implementing Strategy C. Products/ Services Product/ Service description Positioning of products/ services Competitive evaluation of products/ services Future products/ services D. Marketing & Sales Marketing Strategy Sales tactics Promotion Mix: Advertising Direct Sales Promotions/ Incentives -- (i.) for clients; (ii.) for tradesmen. Publicity Trade Shows

4. Operations A. Key Personnel B. Organizational Structure C. Human Resources Plan (i). Job Analysis. (ii). Job Description. (iii). Job Requirements D. Products/ Service delivery E. Customer Service/ support F. Facilities 5. Financial Data A. Capital Equipment and Supply List B. Profit and Loss Projection/ Statement; i.e. Pro-forma income projections: Three (1) year summary/ projection. C. Balance Sheet Projections D. Break-even analysis

6. Conclusion

Note: Additionally, it should include supporting documents, and financial projections Important Instructions: 1. Referencing must be in APA (American Psychological Association) Styles 2. Use 8.511 Paper 3. Make 1 inch margin on the top, bottom and sides 4. Use Times Roman Font, size 12 5. Double space the entre paper 6. Minimum 15 pages

Note: Fundamentals of APA Citation Contributors. (Date). Title. Publication Information One author Smith J. K. (Date). Title