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An Entrepreneur’s Business Plan

How may an entrepreneur determine a business venture’s
success? Explain components of conducting a feasibility analysis. What element
do you feel is most important? Provide examples to support your rationale.

Why is it important for an entrepreneur to develop a
business plan? What key components must be included in a well-written business
plan? Identify components you would include in a business plan for a start-up
business. Do differences exist between business plans for start-up and existing
businesses? If there are, what may be reasons for those differences?

Access stages of managing organizations at this link:
http://www.sba.gov/smallbusinessplanner/index.html. Describe each stage as it
relates to a new small business’s launch. Which stage do you feel is most
important to a small business’s success? Why?

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