Reference no: EM131929702
Business Plan Milestone I-Opportunity Screening
Draft the following sections of your Business Plan:
Executive Summary
The Industry and the Company and its Product(s) or Service(s)
Market Research
Demonstrate how you applied the QuickScreen method to determine the viability of your business idea.
Identify the important elements involved in the startup of your business idea in your Executive Summary.
Business Plan Milestone II--Economics, Marketing, and Production
Draft the following sections of your Business Plan:
Economic Outlook
Marketing Plan
Product Design and Development Plan
Manufacturing and Operations Plan
Business Plan Milestone III--Management Team
Draft the following sections of your Business Plan:
Management
Environmental Impact
Use the results of the Business Leadership Analysis as the basis for your description of the experience requirements for the leadership team for your business idea.
Business Plan Milestone IV-Finances
Draft the following sections of your Business Plan:
Financial Plan
Desired Financing
Explain what resources must be in place before your business opportunity can start and whether bootstrap financing is sufficient to get the business going.
Evaluate your alternatives for financing your business opportunity.
Investor Presentation
Prepare a 10- to 15-slide PowerPoint presentation with presenter's notes that pitches the business idea outlined in your Business Plan.
Include all the relevant information regarding financing, marketing, and other aspects of the business that investors would need to know in order to make an informed choice about investing in your business.
Complete the following sections of your Business Plan:
Business Plan Milestone V-Rollout Plan and Risk Mitigation
Roll-out Schedule
Risks and Mitigation Plan
Environmental Impact (if needed)
Appendices (if needed)
Include prestart predictions for growth of the business and the harvest strategy in the roll-out schedule, and a contingency plan for the major risks at each phase of the planned growth model in your risk and mitigation plan.
Finalize your Business Plan by completing the following:
Review pp. 164-166 of New Venture Creation: Entrepreneurship for the 21st Centuryfor information on what information needs to be included in each section of the business plan.
Integrate the feedback you received from your instructor on the Business Plan Milestones you submitted throughout the course.
Include the following components in your plan:
Business Plan Milestone I-Opportunity Screening
Executive Summary
The Industry and the Company and its Product(s) or Service(s)
Market Research
Business Plan Milestone II-Economics, Marketing, and Production
Economic Outlook
Marketing Plan
Product Design and Development Plan
Manufacturing and Operations Plan
Business Plan Milestone III-Management Team
Management
Business Plan Milestone IV-Finances
Financial Plan
Desired Financing
Business Plan Milestone V-Rollout Plan and Risk Mitigation
Roll-out Schedule
Risks and Mitigation Plan
Environmental Impact (if needed)
Appendices (if needed)