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Assignment 5: Business Plan – Final
Due Week 10 and
worth 150 points
This assignment consists of two (2) sections: your final
business plan and your business plan financials. Note: You must submit both sections as separate
files for the completion of this assignment.
You have completed
all of the necessary sections of your business plan and will now create a final
draft. Use any / all feedback you have received to polish your plan to the
point that you could confidently show it to investors and potential partners or
customers.
Refer to the Outline of a Business Plan, beginning on p. 399 of
the course text. (Click here for help accessing a
specific page number in your eBook.) Not all
businesses will include all of these components in this order, but use the
outline as a guide. Specifically your plan will not require the Development,
Milestones, and Exit Plan section of the business plan.
Section 1: Business Plan (MS Word or equivalent)
Construct a ten to thirty (10-30) page business plan. Note: Twenty (20) pages are sufficient for most
businesses.
1.
Write a one to three
(1–3) page executive summary for your business plan, in which you justify:
a.
A clear and concise
business concept.
b.
A thoroughly planned
business concept.
c.
A capable management
structure.
d.
A clear-cut market
need.
e.
Significant
competitive advantages for your business.
f.
Realistic financial projections.
g.
That investors have an
excellent chance to make money.
h.
A realistic and
developed exit plan.
Note: Read Chapters 4 and 18 of the course text: Successful Business Plan . Use the plan
preparation worksheets on pp. 58–61 and the sample executive summaries on pp.
62–66 to help guide you, choose to write either a synopsis summary or a
narrative summary, and include highlights from the each section of your
business plan.
2.
Combine all of the
sections stated below and revise your initial business plan draft, which you
submitted in Week 8, based on feedback you have received.
o Executive Summary
o Company Description (Assignment 1)
o Industry Analysis and Trends ( Assignment 1 )
o Target Market ( Assignment 2 )
o Competition ( Assignment 2 )
o Strategic Position & Risk Assessment ( Assignment 1 )
o Marketing Plan & Sales Strategy ( Assignment 2 )
o Operations Plan ( Assignment 3 Part 1 )
o Technology Plan ( Assignment 3 Part 1 )
o Management & Organization ( Assignment
3 Part 1 )
o Ethics & Social Responsibility ( Assignment 3 Part 2)
o The Financials ( Week 7 Discussion )
3.
The Financials and the
Management description—must spark enough interest to convince a reader to
continue. Enhance the two (2) mentioned sections to appropriately engage the
reader.
o Hints: The financial section of
your business plan will be derived from the previously completed financial
worksheets.
Format your assignment
according to these formatting requirements:
o Cite the resources you have used to complete the exercise. Note: There is no minimum requirement for the
number of resources used in the exercise.
o Be typed, double spaced, using Times New Roman font (size 12),
with one-inch margins on all sides; references must follow APA or
school-specific format. Check with your professor for any additional instructions.
o Include a cover page containing the title of the assignment, the
student’s name, the professor’s name, the course title, and the date. The cover
page and the reference page are not included in the required page length.
Section 2: Business Plan Financials (MS Excel worksheets bundled
with course textbook)
5.
For year one, submit a
revised Income Statement, Cash Flow Projection, and Balance Sheet from the
“Business Plan Financials” Excel template based on your feedback from Project Deliverable 4: Business Plan – Draft .
The specific course
learning outcomes associated with this assignment are:
·
Describe strategic
planning techniques used to formulate alternative strategies designed to
achieve stated business goals.
·
Create a plan to
implement a firm’s strategy and manage the change from current operations.
·
Analyze strategies for
exerting the internal leadership needed to drive the implementation of
strategic initiatives and improve operating excellence.
·
Use technology and
information resources to research issues in strategic management.
·
Write clearly and
concisely about strategic management using proper writing mechanics.
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