Every year at the state fair your parents have run a pretzel booth. Over the years you have experimented with new pretzel recipes, and many have been successfully incorporated into the selection of pretzels now offered each year at the state fair.

Your parents are ready to retire and turn the business over in your name. You want to capitalize on your parents’ success and expand by offering pretzels at a store location. In order to expand, you will need to secure a bank loan to cover expansion costs and overhead. To consider your proposal, the banker will want to see a business plan, specifically a master budget.

Your task for this final project is to prepare and present all the necessary documents so that you can ask for that loan. This task is broken down into four parts:

· Part 1: Mission Statement and Partial Business Plan, due at the end of Week Five

· Part 2: Budgets, Financial Statements, and Analysis, due at the end of Week Six

· Part 3: Complete Business Plan and Cover Letter, due at the end of Week Seven

Answer rating: 100% (QA)

Part One Mission Statement and Partial Business Plan Mission Statement Our mission at Pretzel Delight is to provide a delicious fresh and healthy alternative to traditional fast food We will create a ... View the full answer