Assignment 4: Business Plan – Final
This assignment worth 150 points consists of two sections: your final business plan and your business plan financials. Note: You must submit both sections as separate files for the completion of this assignment.
You have completed all the necessary sections of your business plan and will now create a final draft. Use any/all feedback you have received to revise/polish your plan to the point that you could confidently show it to investors and potential partners or customers.
Refer to the outline of a business plan beginning on page 399 of the course text. Not all businesses will include all these components in this order, but use the outline as a guide. Specifically, your plan will not require the development, milestones, and exit plan sections of the business plan.
Section 1: Business Plan – Final (MS Word)
Construct a 10–30-page business plan. Note: Twenty pages are sufficient for most businesses. The majority of this is already complete.
· Write a 1–3–full page executive summary for your business plan, in which you justify all the following:
a. A clear and concise business concept
b. A thoroughly planned business concept
c. A capable management structure
d. A clear-cut market need
e. Significant competitive advantages for your business
f. Realistic financial projections
g. That investors have an excellent chance to make money
h. A realistic and developed exit plan
Note: Read Chapters 4 and 18 of the course text, Successful Business Plan. Use the plan preparation worksheets on pages 58–61 and the sample executive summaries on pages 62–66 to help guide you; choose to write either a synopsis summary or a narrative summary and include highlights from each section of your business plan.
- Combine all the sections stated below and revise your initial business plan draft, which you submitted (Operation, Technology, and Management Plan with Financials) based on feedback you have received.
- Construct a business plan with an executive summary that justifies a clear concept, a management structure, a market need, competitive advantages, and financial projections.