Submit Business Plan Prepared in MGMT 3333-Commercialization Business Plan

**Note: Submit a Feasibility Study for a student lounge at a University in the state of Texas. Feasibility Study

This study should consist of the following: A business plan is a written document that describes your business, its objectives and strategies, the market you are targeting, and your financial forecast. It is important to have a business plan because it helps you set realistic goals, secure external funding, measure your success, clarify operational requirements and establish reasonable financial forecasts. Preparing your plan will also help you focus on how to operate your new business and give it the best chance for success. Securing financial assistance to start your new business will be directly related to the strength of your business plan. To be considered a viable candidate to receive funds from financial institutions or investors, you must demonstrate that you understand every aspect of your business, and its ability to generate profit. A business plan is more than just something to show lenders and investors; it is also necessary to help you plan for the growth and progress of your business. Your businesss success can depend on your plans for the future.

• Industry and market demographics, customer profile,
• Demand analysis, competitors analysis, entry strategy
• Product or Service unique features, and status
• Intellectual Property Protection
• Founding Team qualification, and gap analysis
• Cash Needs Assessment
• Timeline to Launch