Reference no: EM133468957
Homework: Business Plan
Overview
At this point in the course, you have completed all the necessary sections of your business plan. Your task in this homework is to create the final version of your plan. You will include all the previous homeworks you have been working on and attach the financials.
The key to this homework is to use the feedback you have received throughout the course to polish your plan to the point that you could confidently show it to investors and potential partners or customers. One new piece you will be including is a 1-2 page executive summary.
This homework consists of two parts:
I. Your final business plan (an MS Word document).
II. Your final business plan financials (using the Business Plan Financials Excel Template).
1. Download the A4 Final Business Plan Template with All Headings Download A4 Final Business Plan Template with All Headings[DOCX]
2. Download the Sample Executive Summaries Download Sample Executive Summaries[PDF]
To successfully complete this homework, you must attach both documents to the submission area as separate files and then click Submit.
Reminders and Notes
1. Your company, whether a startup company of your choosing or based on the snack food company scenario, will operate in a 100-mile radius from your home address. Your goal is to reach $1 million in sales by the end of the second year.
2. Be sure to follow the guidelines, whether you chose the snack food company scenario or the company of your choice:
a. Snack Food Company Guidelines [PDF] Download Snack Food Company Guidelines [PDF].
b. Company of Your Choice Guidelines [PDF] Download Company of Your Choice Guidelines [PDF].
Part I: Business Plan-Final
Notes
1. The executive summary is a critical aspect of this homework. Your ability to condense and highlight critical information about your chosen company to investors will determine whether they decide to invest in you and your company or not.
2. Chapter 4, "The Executive Summary," pages 53-66, provides information about writing the executive summary. You may write either a synopsis or a narrative summary. Pay particular attention to the following:
a. Executive Summary Plan Preparation Forms on pages 58-61.
b. Sample Plans on pages 62-66.
Instructions
In MS Word, construct a 10-20 page business plan in which you:
1. Write a 1-2 page executive summary highlighting key aspects of each section of the business plan.
2. Incorporate feedback to produce a comprehensive business plan for the product or business. Specifically, you will be combining all of the previous homeworks and revising them to build your business plan:
a. Week 3 Homework: Company Overview and SWOT Matrix.
i. Be sure to include all the headings from the homework.
b. Week 5 Homework: Marketing Plan and Budget.
i. Be sure to include all the headings from the homework; the budget part of this homework will be addressed in Section 2.
c. Week 8 Homework: Operations, Technology, Management and Organization, and Social Responsibility Plan (With Financials).
i. Be sure to include all the headings from this homework; the financials part of this homework will be addressed in Part 2.
d. The written section of the financials from the Week 8 discussion thread.
i. Be sure to include any financial information that will help to convince the investors.
Part II: Business Plan Financials-Final
Using the Business Plan Financials Excel Template, incorporate feedback from previous submissions to produce a comprehensive set of business plan financials the business's first two years.
1. Be sure to refer to the appropriate guidelines for valuable information about how to complete the business plan financials section of your homework:
a. Snack Food Company Guidelines [PDF] Download Snack Food Company Guidelines [PDF].
b. Company of Your Choice Guidelines [PDF] Download Company of Your Choice Guidelines [PDF].
2. Specifically, you will want review and make sure you've thoroughly incorporated feedback you received from:
a. Weeks 7 and 8 discussion threads.
b. Part 2 of the Operations, Technology, Management and Organization, and Social Responsibility Plan (With Financials).
The specific course learning outcome associated with this homework is:
1. Construct a business plan with an executive summary that justifies a clear concept, a management structure, a market need, competitive advantages, and financial projections.