Reference no: EM13893443

Proposal: Starting Your Own Business You and your buddies have a terrific idea for a new business in your town. For example, you might want to propose to Starbucks the concept of converting some of its coffee shops into Internet cafes. Or you might propose to the city or another organization a better Web site, which you and your team would design and maintain. You might want to start a word processing business that offers production, editing, and printing services. Often businesses, medical centers, attorneys, and other professionals have overload transcribing or word processing to farm out to a service.

Your Task. Working in teams, explore entrepreneurial ventures based on your experience and expertise. Write a proposal to secure approval and funding. Your report should include a transmittal letter, as well as a description of your proposed company, its product or service, a market analysis, an operations and management plan, and a financial plan.