Your TaskYour Task

As a sole proprietor, create a hypothetical future business in the Capital Region

Present your business plan to the class

A Word to the Wise…

Business ideas begin small and grow in time

Do not try to be everything to everyone

Offer something unique and of value to yourself

Step 1: Project Step 1: Project Approval SheetApproval Sheet

By April 19th, you will need to submit a project approval sheet

Items to include: Nature of the business Storefront Why your business is needed Name of business Competition and differentiation

Step 2: Business ProfileStep 2: Business Profile

Due April 26th ,can be completed in project packet.

Items to include: Reasons for success Market needs Individuals/Businesses that need your business Differentiation Number of employees, salaries/wages, with

explanation Chart of projected sales, costs, and profits,

graphs of sales

Steps 3 and 4: Market Steps 3 and 4: Market and Marketing and Marketing

StrategiesStrategies Due May 3rd, can be completed in project

packet

Questions to answer: What is the market for your product? Who is your competition? How is your product unique? How will you advertise your business?

You will need to include an example of print or media advertising.

Steps 5 and 6: Management Steps 5 and 6: Management and Organizational Structure and Organizational Structure

and Fundingand Funding

Due May 10th , can be completed in project packet

Items to include: How will you set up your business? How will you fund your initial start-up costs? What is your long range financial strategy What future funding do you foresee yourself

needing?

Step 7: Executive Summary

Company overview

Gives your reader a thought of what your company is all about Include Mission Statement Perceived need for your company

Step 8: PaperStep 8: Paper

Final Paper will be due May 16th

You will need: 1 page Executive Summary

This is your business idea in one page, branding, location

4 to 5 page paper including Steps 2,3,4,5,6 Works Cited

Step 9: PowerPoint Step 9: PowerPoint PresentationPresentation

A printed copy of your presentation is due May 24th , you PowerPoint should include the key points you wish to make during your presentation

Presentation guidelines will be given after the paper has been submitted.

For additional help….

http://www.sba.gov/category/navigation-structure/starting-managing-business/starting-business/how-write-business-plan

Period 9- Work Days

4/17 and 4/18 Library

4/23 and 4/25 Library

4/30 and 5/2 Library

MONDAY 5/6 Library

5/9 A-7

5/14 Library

5/16 A-7

5/21 and 5/23 Library

Period 8- Work Days

4/17 and 4/18 A-7

4/23 and 4/25 Library

4/30 and 5/2 Library

5/7 Library

5/9 A-7

5/14 and 5/16 Library

5/21 Library

5/23 A-7