You will be evaluated based on defined rubrics on how to make a business plan. The business plan should be externally fo
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You will be evaluated based on defined rubrics on how to make a business plan. The business plan should be externally fo
You will be evaluated based on defined rubrics on how to make a business plan. The business plan should be externally focused. Externally focused plans target goals that are important to external stakeholders, particularly financial stakeholders. They typically have detailed information about the organization, the strategy, and the organization's goals. The business plan is written to provide the most important information to external shareholders. It should be a convincing, well-written and well-researched document using feasible assumptions to predict future flows. It needs to contain the following: 1. Cover page 2. Table of contents 3. A description of the business 4. The market analysis (SWOT analysis, industry background, competitor analysis, 5. market analysis) based on primary and secondary resources 6. The strategical plan 7. The financial plan 8. Conclusions BUSINESS PLAN PREPARATION: You will have to prepare a business plan of a new venture, you will assume different roles within an entrepreneurial team and write up the appropriate sections of the business plan. The recommended length of the business plan is between 20-25 pages for its basic part. • Financial projections, graphs and other material should be included as appendices (no limitation on the number of pages). Your plan should include 0 (1) Executive Summary. (2) Management and Organization Plan. (3) Product/Service Plan. (4) Marketing Plan. (5) Financial Plan. (6) Operating and Control Systems Plan. (7) Growth Plan.
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