You will be writing a mini-business plan and have to think through all the different areas of
Question:
You will be writing a mini-business plan and have to think through all the different areas of how you would run your business. Be as realistic as possible and choose something you'll enjoy writing about.
• Include the headings in your paper for each of the sections below.
Write at least one paragraph for each of the sections below and include a heading in your paper for each.
-Executive Summary - a snapshot of your business. Write this after you have written the other sections and have it summarize the main points of the sections below.
-Company Description - describes what the company does and how it will make money.
-Market Analysis - research on your industry, market, and competitors.
-Organization and Management - your business and management structure.
-Service or Product - the products or services you’re offering.
-Marketing and Sales - how you’ll market your business and your sales strategy.
-Funding - how much money you’ll need to fund the business, what funding sources you may access and how you'll get funding to keep it going.
-Financial Projections - What is your estimated revenue, costs and profits for the first 6 months and year. Provide details and explain.
-Appendix- Go online and find at least one additional dataset or chart that help build the argument that your business idea will be successful. Write 1-2 sentences tying the data to your business and make sure to provide a source of where you fin found the chart or data.
Entrepreneurship Successfully Launching New Ventures
ISBN: 978-0133797190
5th edition
Authors: Bruce R. Barringer, R. Duane Ireland