Business Plan
- Business Plan - Only one DOC file (MS-Word DOC format)
- Proposal
- Softcopy - Upload your file (DOC) to Moodle.
- Business Plan
- Title Page
- Table of Contents
- Written report - see paper.htm
- Written Project
- Since you will obviously not have the time to do a complete Business Plan, you are required only to prepare the skeleton or basic framework for your Business Plan. You must include all of the major sections of a business plan, but you will not need to spend six months preparing all the details for each section. You may make reasonable guesses about facts and figures as long as you present them in the appropriate format.
- Bibliography (references to the sources you used to write this assignment) = last page of your MS-Word document
Hardcopy - the printout. (not required) - Softcopy - Upload your file (DOC) to Moodle. - Each individual group member must submit the DOC file to Moodle. Your file must be smaller than 1 MB.
- PowerPoint presentation
- Peer Evaluation
- Softcopy - Upload your file (DOC) to Moodle.
- Style
- Write in the third person (it). Avoid switching among I, We, He/She/It, They. Be consistent. Be professional.
- Marketing Plan - This is the most important part of the Business Plan
- Comparison of Business Plan software packages
- (a lab exercise)
- Cover Page (=Title Page) is always required.
- Find five software packages that could be used to create a business plan.
- Give the Name of each package and the URL of the manufacturer of each package. Price ($CAD)?
- What special features distinguish each of these software packages?
- Which one do you prefer? Why?
- Would it be a good idea to use such software for your business plan? Why or Why not?
- Upload your Word file to Moodle.
- 5 ways a business plan can come back to bite you - CBS News
- Business Plan Software and Marketing Plan Software
- Business Plan Software and Free Sample Business Plans - Bplans.com
- Creating an E-Business Plan - Chapter 3 - Creating a Winning E-Business, Second Edition - H. Albert Napier, Ollie N. Rivers, Stuart W. Wagner, JB Napier
- Understanding Entrepreneurship and Ownership - Chapter 4 - Business, Sixth Canadian Edition - Griffin*Ebert*Starke
- Business Plan = document in which the entrepreneur summarizes the business strategy for the proposed new venture and how that strategy will be implemented.
- Cover Page
- Executive Summary
- Table of Contents
- Company Description
- (Background/History of the Enterprise)
- Product or Service Description
- Marketing Assessment
- Operating Plan
- Management
- Financial Assessment
- Supporting Details (Basic Data) / Appendices
- What are the entrepreneur's goals and objectives?
- What strategies will be used to obtain them?
- How will these strategies be implemented?
- Sales Forecast
- market analysis, SWOT for existing firms, proposed competitive strategy
- Financial Planning
- cash budget, income statement, balance sheets, break-even chart, cash flows, cash budget
- Small Business & Entrepreneurship - Chapter 7 - Understanding Canadian Business - Nickels*McHugh*McHugh*Berman*Cossa
- Business Plan = a detailed written statement that describes the nature of the business, the target market, the advantages, the business will have over competitors, the resources and qualifications of the owners, and much more
- get assistance
- professional advice (accountants, lawyers, banks)
- books and articles
- software
- Includes
- cover letter
- introduction
- company background
- management team
- financial plan
- capital required
- marketing plan
- location analysis
- manufacturing plan
- appendix
- takes months to prepare - most entrepreneurs don't spend enough time preparing a good business plan
- 5 Business Plan Templates to Start Your Business | BusinessNewsDaily.com