Reference no: EM131910410

Assignment

Prepare a paper that talks about a mini business plan and picked a coffee shop for the business plan.Outline given below.

Mini Business Plan Outline

The following is the outline for your mini business plan. You will use the headings and write text for each section. Details and breadth of information is very important. You will need to make sure the reader can understand every aspect of what you are proposing.

You will need a Title Page and a Table of Content Page. Duplicate the format of the Format Template! The entire document is Double Spaced and is mostly in Future Tense!

The Purpose of the Business Plan(Note: This section is about this Business Plan NOTa description of the Business!!!)

The Business Description (Note: Details, Details, and more Details)

Competition (Note: You need to describe, in detail, two different competitor businesses. Explain why and how you will be able to compete with those two businesses.)

Marketing (Note: You must include an estimated cost {cite source(s) and reference the source(s)} for each marketing and/or advertising strategy!).

Explain why you will employ each marketing and advertising strategy. You will need the overall cost for marketing, including advertising, at the end of this section

Operating Procedures (Legally and Daily) (Note: "Daily" is the detail of what a day would be like in your company).

Personnel Note: You need to identify employee positions, the status-full or part-time--, the hours per week for each part-time position, and the annual cost for each position in the narrative of this section. At the end of this section, you will need to state the overall cost of employees (including salary as well as benefits-if any).

Management (Note: Identify the top manager'(s)' position(s) and his/her/their salary(ies), as well as benefits. Include the manager'(s)' total compensation cost at the end of this section.)

Types of Insurance Required for Your Business(Note: Identify the types, the coverage, and the cost of each type of Insurance required for your business.)

Financing (Note: Make sure you calculate/estimate all expenses and discuss the financing along with identifying your potential source of financing.)

One Year Financial Summary Explanation-Per Month (Note: This is a Month-by-Month EXPLANATIONof the overall Revenue, Expenses, and Balance for each month-1 through 12.)

Three Year Summary Explanation-Per Year (Note: This is a Year 1, Year 2, and Year 3EXPLANATIONof the overall Revenue, Expenses, and Balance for each of the first three year projections.

The Appendix Section (Sometimes called "Supporting Documents) is where you place documents and spell out details.