Resources: All previous parts of the Business Plan Practice, Appendix 2—Sample Student Business Plan—and Appendix 3—Advanced Business Plan—in Entrepreneurship: Starting and Operating a Small Business
Combine all parts of the Business Plan below and submit it as your Final Business Plan project.
Your Business Idea
Economics of One Unit
Evaluating Your Business Idea
Your Goals
Technology
Core Beliefs
Competitive Advantage
International Opportunities
Marketing Step 1: Consumer Analysis
Marketing Step 2: Market Analysis
Marketing Step 3: The Marketing Mix
Marketing Step 4: Break-even Analysis
Sales and Customer Service
Fixed costs
Insurance
Cash flow
Financing strategy
Raising capital
Venture capital
Legal Structure
Manufacturing
Buying Wholesale
Production-Distribution Chain
Leadership and Management Styles
Locate Appendix 2 and Appendix 3 of Entrepreneurship: Starting and Operating a Small Business:
Refer to Appendix 2 as a sample and Appendix 3 as a format guide. The business should reflect the merits of a plan that represents a business venture in a real business environment. As you prepare your business plan, ask these questions:
Does this business plan do justice to my dreams and goals of owning a business?
If I saw this business plan presented by someone else, would I be interested and eager to participate and invest in the project?
The above resources can be used but they are not always easy to access. The final plan MUST include the following parts: