Describe the various components of a business plan

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Reference no: EM132010652

Details:

You are a behavioral health entrepreneur interested in starting a private practice. What would be some important considerations to make prior to starting your business venture?

It is recommended that, prior to the initiation of a business venture, entrepreneurs develop a business plan. The business plan is a detailed description of how the entrepreneur will develop the business venture. This assignment will allow the learner to become familiar with the basic components of a business plan. The learner will be able to evaluate the various sections of the business plan and apply aspects of the plan to the entrepreneurial business venture.

General Requirements:

Use the following information to ensure successful completion of the assignment:
- Instructors will be using a grading rubric to grade the assignments. It is recommended that learners review the rubric prior to beginning the assignment in order to become familiar with the assignment criteria and expectations for successful completion of the assignment.
- Doctoral learners are required to use APA style for their writing assignments. The APA Style Guide is located in the Student Success Center.
- This assignment requires that at least two additional scholarly research sources related to this topic, and at least one in-text citation from each source be included.

Directions:

Write a 2,000-word paper that discusses how to develop a business plan. Include the following in your paper:

1. Describe the various components of a business plan.

2. Compare the utility of using a business plan versus failing to use a business plan.

3. Compose an outline of a business plan that could be applied to a start-up behavioral health clinic with a psychologist and two attendants.

4. Propose at least two ways in which the business plan can improve the start-up and overall functioning of the business venture.

Verified Expert

The paper provides the view on the effectiveness of business plan within the market and also the process that the organization perform to maintain their business in the field. The organization is the behavioral health clinic that needs to be developed within the market where they are having effective and suitable working function within the business. The suitable and effective plan for the business help to develop their strategy as well as their competitive market within the field. this is one of the best ways that the firm can effectively maintain their working performance within the market. This is one of the ways to get suitable and effective working function within the market to maintain their activity in the field to understand suitable and effective working function in the market for the long run of the business.

Reference no: EM132010652

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Reviews

inf2010652

7/28/2018 3:24:52 AM

Hello I am wondering if on the statistical information and graphs if you could do them over for me with this information Psychopharmacology $65 first year, second year $70; and third year $75.00 Psychotherapy $65.00 first year, second year $70.00, and third year $75.00 Abuse and Addiction first year $65.00; second year $70.00; and third year $75.00 as these are the prices that they charge realistically. Could I get it as soon as possible as assignment has to be given in tomorrow. Thanks again The point is I do not understand how you get the figures in the benchmark and break even analysis based on the data. Thank you very much, appreciated. You are really so much supportive.

len2010652

6/7/2018 2:22:45 AM

5.0 %Research Citations (In-text citations for paraphrasing and direct quotes, and reference page listing and formatting, as appropriate to assignment and style) No reference page is included. No citations are used. Reference page is present. Citations are inconsistently used. Reference page is included and lists sources used in the paper. Sources are appropriately documented, although some errors may be present. Reference page is present and fully inclusive of all cited sources. Documentation is appropriate and citation style is usually correct. In-text citations and a reference page are complete and correct. The documentation of cited sources is free of error.

len2010652

6/7/2018 2:22:38 AM

10.0 %Format 5.0 %Paper Format (Use of appropriate style for the major and assignment) Template is not used appropriately or documentation format is rarely followed correctly. Appropriate template is used, but some elements are missing or mistaken. A lack of control with formatting is apparent. Appropriate template is used. Formatting is correct, although some minor errors may be present. Appropriate template is fully used. There are virtually no errors in formatting style. All format elements are correct.

len2010652

6/7/2018 2:22:32 AM

Mechanics of Writing (includes spelling, punctuation, grammar, language use) Surface errors are pervasive enough that they impede communication of meaning. Inappropriate word choice and/or sentence construction are used. Frequent and repetitive mechanical errors distract the reader. Inconsistencies in language choice (register) and/or word choice are present. Sentence structure is correct but not varied. Some mechanical errors or typos are present, but are not overly distracting to the reader. Correct and varied sentence structure and audience-appropriate language are employed. Prose is largely free of mechanical errors, although a few may be present. The writer uses a variety of effective sentence structures and figures of speech. Writer is clearly in command of standard, written, academic English.

len2010652

6/7/2018 2:22:27 AM

8.0 %Argument Logic and Construction Statement of purpose is not justified by the conclusion. The conclusion does not support the claim made. Argument is incoherent and uses noncredible sources. Sufficient justification of claims is lacking. Argument lacks consistent unity. There are obvious flaws in the logic. Some sources have questionable credibility. Argument is orderly, but may have a few inconsistencies. The argument presents minimal justification of claims. Argument logically, but not thoroughly, supports the purpose. Sources used are credible. Introduction and conclusion bracket the thesis. Argument shows logical progressions. Techniques of argumentation are evident. There is a smooth progression of claims from introduction to conclusion. Most sources are authoritative. Clear and convincing argument that presents a persuasive claim in a distinctive and compelling manner. All sources are authoritative.

len2010652

6/7/2018 2:22:22 AM

20.0 %Organization and Effectiveness 7.0 %Thesis Development and Purpose Paper lacks any discernible overall purpose or organizing claim. Thesis and/or main claim are insufficiently developed and/or vague; purpose is not clear. Thesis and/or main claim are apparent and appropriate to purpose. Thesis and/or main claim are clear and forecast the development of the paper. It is descriptive and reflective of the arguments and appropriate to the purpose. Thesis and/or main claim are comprehensive. The essence of the paper is contained within the thesis. Thesis statement makes the purpose of the paper clear.

len2010652

6/7/2018 2:22:14 AM

At least two proposals as to how the business plan can improve the start-up and functioning of a business venture are present. Scholarly research sources are topic-related, but the source and quality of one or more references is questionable. At least two proposals as to how the business plan can improve the start-up and functioning of a business venture are present. Scholarly research sources are topic-related, and obtained from reputable professional sources. At least two proposals as to how the business plan can improve the start-up and functioning of a business venture are present. Scholarly research sources are topic-related, and obtained from highly respected, professional, original sources.

len2010652

6/7/2018 2:22:06 AM

15.0 %Propose at Least Two Ways in Which the Business Plan Can Improve the Start-up and Overall Functioning of the Business Venture At least two proposals as to how the business plan can improve the start-up and functioning of a business venture are not present. At least two proposals as to how the business plan can improve the start-up and functioning of a business venture are present.

len2010652

6/7/2018 2:22:01 AM

15.0 %Compose an Outline of a Business Plan That Could Be Applied to a Start-up Behavioral Health Clinic with a Psychologist and Two Attendants An outline of a business plan that could be applied to a start-up behavioral health clinic with a psychologist and two attendants is not presented. An outline of a business plan that could be applied to a start-up behavioral health clinic with a psychologist and two attendants is present. Discussion is absent or inadequate. An outline of a business plan that could be applied to a start-up behavioral health clinic with a psychologist and two attendants is present, but done at a cursory level. An outline of a business plan that could be applied to a start-up behavioral health clinic with a psychologist and two attendants is clearly presented. Discussion is convincing. An outline of a business plan that could be applied to a start-up behavioral health clinic with a psychologist and two attendants is clearly presented. Discussion is thorough and insightful.

len2010652

6/7/2018 2:21:56 AM

20.0 %Compare the Utility of Using a Business Plan Versus Failing to Use a Business Plan A comparison of the utility of using a business plan versus failing to use a business plan is not present. A comparison of the utility of using a business plan versus failing to use a business plan is present. Argument, and/or discussion, is absent or inadequate. A comparison of the utility of using a business plan versus failing to use a business plan is present, but done at a cursory level. A comparison of the utility of using a business plan versus failing to use a business plan is clearly presented. Argument supports claims and is convincing. Discussion is convincing. A comparison of the utility of using a business plan versus failing to use a business plan is clearly presented. Argument supports claims and is insightful and convincing. Discussion is thorough and insightful.

len2010652

6/7/2018 2:21:50 AM

70.0 %Content 20.0 %Describe the Various Components of a Business Plan A description of the various components of a business plan is not present. A description of the various components of a business plan is present. Discussion is absent or inadequate. A description of the various components of a business plan is present, but done at a superficial level. A description of the various components of a business plan is clearly presented. Discussion is thorough. A description of the various components of a business plan is clearly presented. Discussion is detailed and insightful.

len2010652

6/7/2018 2:21:41 AM

5.0 %Research Citations (In-text citations for paraphrasing and direct quotes, and reference page listing and formatting, as appropriate to assignment and style) No reference page is included. No citations are used. Reference page is present. Citations are inconsistently used. Reference page is included and lists sources used in the paper. Sources are appropriately documented, although some errors may be present. Reference page is present and fully inclusive of all cited sources. Documentation is appropriate and citation style is usually correct. In-text citations and a reference page are complete and correct. The documentation of cited sources is free of error.

len2010652

6/7/2018 2:21:36 AM

10.0 %Format 5.0 %Paper Format (Use of appropriate style for the major and assignment) Template is not used appropriately or documentation format is rarely followed correctly. Appropriate template is used, but some elements are missing or mistaken. A lack of control with formatting is apparent. Appropriate template is used. Formatting is correct, although some minor errors may be present. Appropriate template is fully used. There are virtually no errors in formatting style. All format elements are correct.

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