Develop a business idea into an original business plan

Assignment Help Microeconomics
Reference no: EM13850518

The goal of the final project for this course is to develop a business idea into an original business plan. To complete the business plan due in Week Five, you will be assigned a part of the process. Work on each part as assigned each week.

The business plan should represent the merits of a business venture in a real business environment. As you prepare your business plan, ask yourself these questions:

· Does this business plan do justice to my dreams and goals of owning a business?

· If I saw this business plan presented by someone else, would I be interested and eager to participate and invest in the project?

Resources: Appendix 2-Sample Student Business Plan-and Appendix 3-Advanced Business Plan-in Entrepreneurship: Starting and Operating a Small Business

Note. The sample student business plan in Appendix 2 is generic and may not apply to all business ventures.

Refer to Appendix 2 as a sample and Appendix 3 as a format guide.

Complete the following sections of your final project-Business Plan Practice. See Ch. 2 of Entrepreneurship: Starting and Operating a Small Business for more information on what should be included in each section.

· Your Business Idea

· Economics of One Unit

· Evaluating Your Business Idea

· Your Goals

· Technology

· Core Beliefs

· Competitive Advantage

International Opportunities

Reference no: EM13850518

Questions Cloud

Write an sql statement that displays customer details : Write an SQL statement that displays customer details
Analyse the situation using four different frames : Choose a health management problem which you are familiar with and briefly describe it, using appendices if necessary. Analyse the situation using four different frames of reference.
Locate and article in the business press : Locate and article in the business press or professional business publications that addresses one of the   learning objectives for the week. This article must have been published within the   past 12   months.  Write a one-paragraph summary of the ar..
Describe the types of employees in multinational firms : How do nations differ in HRM? What are the major national context characteristics that affect IHRM? Describe the types of employees in multinational firms. How does IHRM select and prepare them for international assignments
Develop a business idea into an original business plan : The goal of the final project for this course is to develop a business idea into an original business plan. To complete the business plan due in Week Five, you will be assigned a part of the process.
Creation of a marketing plan : The marketing plan will be developed during the course of the of the lectures, each with element of the marketing plan constructed by applying the theory from the chapters in the text.
Explain what your tracking portfolio is made up of : Create a tracking portfolio to capture this gain. Explain what your tracking portfolio is made up of. Explain how you use it to make a profit. Be specific.
Criticize the areeda-turner test on the basis : Criticize the Areeda-Turner test on the basis
Briefly discuss what is meant by just cause : Briefly discuss what is meant by just cause. Briefly expand on the definition of employment-at-will, and discuss the exceptions to this doctrine

Reviews

Write a Review

Microeconomics Questions & Answers

  The free rider problem

Question: Explain why the free rider problem makes it difficult for perfectly competitive markets to provide the Pareto efficient level of a public good.

  Failure of the super committee is good thing for economy

Some commentators have argued that the failure of the “Super committee” is good thing for the economy?  Do you agree?

  Case study analysis about optimum resource allocation

Case study analysis about optimum resource allocation: -  Why might you suspect (even without evidence) that the economy might not be able to produce all the schools and clinics the Ministers want? What constraints are there on an economy's productio..

  Fixed cost and vairiable cost

Questions:  :   Which of the following are likely to be fixed costs and which variable costs for a chocolate factory over the course of a month?  Explain your choice.

  Problem - total cost, average cost, marginal cost

Problem - Total Cost, Average Cost, Marginal Cost: -  Complete the following table of costs for a firm.  (Note: enter the figures in the  MC   column  between  outputs of  0 and 1, 1 and 2, 2 and 3, etc.)

  Oligopoly and demand curve problem

Problem based on Oligopoly and demand curve,  Draw and explain the demand curve facing each firm, and given this demand curve, does this mean that firms in the jeans industry do or do not compete against one another?

  Impact of external costs on resource allocation

Explain the impact of external costs and external benefits on resource allocation;  Why are public goods not produced in sufficient quantities by private markets?  Which of the following are examples of public goods (or services)? Delete the incorrec..

  Shifts in demand and movements along the demand curve

Describe the differences between shifts in demand and movements along the demand curve. What are the main factors which can shift the demand curve? Explain why they cause the demand curve to shift. Use examples and draw graphs to support your discuss..

  Article review question

Article Review Question: Read the following excerpts from the article "Fruit, veg costs surge' by Todd, Dagwell, published in the Herald on January 25th 2011 and answer questions below:

  Long-term growth, international trade & globalization

Long-term Growth, International Trade & Globalization:- This question deals with concepts such as long-term growth, international trade and globalization. Questions related to trade deficit, trade surplus, gains from trade, an international trade sce..

  European monetary union (emu) in crisis

"Does the economic bailout of Spain and Greece spell the beginning of the end for the European Monetary Union (EMU)?"

  Development game “settlers of catan”

Read the rules of the game, the overview and the almanac for the Development Game "Settlers of Catan"

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd