Writing Assignment: Business Plan
To complete this assignment, you will need to create an imaginary business using an original idea for a new product or new process to enhance the production of a product.
- 1. First start by answering the four core questionsas developed by the United States Small Business Administration’s guide to writing a business plan. The questions are:
- a. What service or product does your business provide and what needs does it fill?
- b. Who are the potential customers for your product or service and why will they purchase it from you?
- c. How will you reach your potential customers?
- d. Where will you get the financial resources to start your business?
- 2. Complete an Executive Summaryfor your business plan including all of the following:
- -The Concept/Product
- -Target Market Consumers
- -Management
- -Objectives
- -Mission
- -Keys to Success
The top scoring students will do the following:
Submit full answers to the four core questions, and a complete Executive summary with well developed paragraphs for the:
The Concept/Product
Target Market Consumers
Management
Objectives
Mission
Keys to Success
Create a product/process with enough explanation for the idea to produce a useful business plan.
Provide enough detail for the plan to make sense.
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