Successful business plan
Book to reference: Abrams, R. (2014) Successful business plan: Secrets & strategies (6th ed.). The Planning Shop: Redwood City, CA. ISBN: 13 978-1-93389-546-8
Note: You are required to utilize both the attached “Business Plan Template” and the attached “Financial Plan Template” in creating your business plan.
A. Write an executive summary (suggested length of 1–2 pages) in which you do the following:
1. Identify the company’s name and location (Austin, TX).
2. Describe the mission of the company.
3. Discuss two business goals in support of the company’s mission.
4. Discuss three keys to success for the company.
B. Write a company summary (suggested length of 4–6 pages) in which you do the following:
1. Describe the history of the industry in which the company will operate.
2. Identify the legal form that the company will take.
Qualitative and quantitative assessment of a market
One of the most important elements in a business plan is the market analysis. A market analysis is a qualitative and quantitative assessment of a market. It includes data collection and estimation in reference to the market size and value, characteristics of the intended customer base, in-depth evaluation of the competition, barriers to entry, and the regulatory environment. An accurate and detailed market analysis allows entrepreneurs to determine whether the market is sufficiently large to build a sustainable, profitable business. In this assignment, you will complete a market analysis for your proposed organization and create a report that can be included within a business plan.
Instructions
Write a 525-word report that includes the following sections:
Section 1: Business overview, mission, and vision
Section 2: A Market analysis that includes the following components:
Market overview/needs analysis
Target market
ENTREPRENEUR NEW BUSINESS LAUNCH STRATEGY
In this assignment, you will continue your research and planning to design and implement a new product or service. Based on the innovative “big idea” and the vision that you developed in Assignment 1, you will now write a Launch Plan, in which you describe your launch strategy, business model, and financial plan. INSTRUCTIONS Write a Launch Plan Paper of no fewer than 4 pages. In this second assignment, you will complete the middle four sections of your Business Plan: Sections V, VI, VII and VIII in the template. You will follow ONE of the three Options below, depending whether you are planning your new venture as an Intrapreneur, Entrepreneur, or Nonprofit Leader. Make sure you work with the template that matches your chosen Option.
Business model Pastas R Us Inc
One of the most important elements in a business plan is the market analysis. A market analysis is a qualitative and quantitative assessment of a market. It includes data collection and estimation in reference to the market size and value, characteristics of the intended customer base, in-depth evaluation of the competition, barriers to entry, and the regulatory environment. An accurate and detailed market analysis allows entrepreneurs to determine whether the market is sufficiently large to build a sustainable, profitable business. In this assignment, you will complete a market analysis for your proposed organization and create a report that can be included within a business plan. (See attached previous assignment for the proposed organization)
Company’s long-term financial plans.
For your assignment this week, you will write 5–8 page paper, including a literature review, that examines ethical behavior, diversity, and civil discourse in the context of your particular focus and specialization.
Communication skills
During the In-Residence you will be presenting a business plan for an innovative venture to a panel of investors. Your final project in this course will go into greater depth on the culture portion of a business such that you will design a plan to encourage an innovative organizational culture
Target market
One of the most important elements in a business plan is the market analysis. A market analysis is a qualitative and quantitative assessment of a market. It includes data collection and estimation in reference to the market
Financial information
Before beginning work on this week’s discussion post, complete these preparatory activities:
12 Critical Slides,” pages 349–352
See “12 Critical Slides,” pages 349–352 of your textbook, for a sample PowerPoint presentation to investors.
At this point in the course, you have completed Inbox
At this point in the course, you have completed all the necessary sections of your business plan. Your task in this assignment is to create the final version of your plan. You will include all the previous assignments you have been working on and attach the financials.The key to this assignment is to use the feedback you have received throughout the course to polish your plan to the point that you could confidently show it to investors and potential partners or customers. One new piece you will be including is a 1–2 page executive summary.This assignment consists of two parts: