Graded Homework

Business Plan Assignment

Everyone will have the opportunity to create a Business Plan
proposal for a new or existing business, product, or service line. It is
understood that 8 weeks is not enough time to develop a comprehensive plan, and
a fictional plan is perfectly acceptable under these circumstances. The idea
here is to practice creating a plan and understanding the steps necessary for
submitting a successful Business Plan. The plan does not have to be for a new
business; it can include the following:

An existing business you may like to buy

Creating a new department or division in an existing company

Developing a new product or service for an existing company
(in essence you would be creating a new deparatment or division that would
essentially start from the ground-up)

Other ideas you have with permission of the instructor

Many students take this opportunity to develop a plan for a
business they would like to start part-time now, in the near future, or once
they retire. This is perfectly
acceptable and certainly encouraged. The
idea is to get you excited about the process and possibility of actually using
this research you will perform, for the actual plan once the time is right.
Attached to this section is reference material that will help you better
understand the structure and content of the Business Plan. Although very comprehensive, it is understood
that the expectations for emulating these plans are significantly lowered for
this course.

It is important to address each element of the Business Plan
in your proposal, and the text does a great job in explaining this process. If
you have any questions about any of the steps, please contact me for
assistance. There are also discussion board questions specifically designed to help
you navigate this process. You will have the opportunity to discuss your
progress with other students and benchmark your progress.

Your business plan will be graded according to the following
rubric:

Business Plan Rubric