The Business 5000 course will culminate with the preparation of a business plan for a new or existing business. It is not my intention that you prepare a full-blown business plan that will enable you to seek and obtain funding for your business. Such a plan requires six to nine months of full-time effort to complete. It also requires extensive research from a person who is well-versed in business operations.
Since most Business 5000 students enter this course with limited prior business course work, I expect to use the preparation of the business plan to introduce you to many areas of business operations and to equip you with a better overall understanding of what it takes to start a new business or expand an existing business.
There are several good web sites that you may want to visit to learn how to prepare a good business plan. Several of these sites are noted in our Class Resources area. Just click on the Class Resources link to visit some of these sites. However, please remember to follow the format and instructions provided in our BUSN 5000 online course.
You must first decide the type of business that you intend to explore. Often, many students will prepare a plan for a small business in which they have had an active interest for some time. Accordingly, the student has a genuine interest in the business plan.
The list of Top 20 Questions appearing in the Class Resources area came from BizPlanBuilder. It lists the “Top 20 Questions” which will help you develop and enhance your initial thoughts for your proposed business. BizPlanBuilder is one of a number of business planning software programs available for sale.
However, you should not use a commercial software business plan template to prepare your business plan for this course. You will waste money and learn very little if you do. I will also deduct 30 percent from your business plan grade if you use a canned business plan software/template or any format significantly different from the sample business plan format you have been provided. All the format and content information you need is provided in this class.
You can also print a Word format copy of the one of two sample business plans available from this course in the Class Resources area. We have prepared a service plan business plan (Sample Business Plan A) and a retail product business plan (Sample Business Plan B) for student use. We have also attached a copy of each of these example business plans to this assignment below. I will provide additional information on your business plan project during Week 3 of the course when I respond to your proposed business plan paragraph that is due at the end of Week 2.
Our course discussions will highlight most of the areas that should appear in your business plan. There is also a business plan outline provided in the Class Resources area that allocates points to sections of the plan. Your written plan must be turned in by Sunday night of the eighth week of class (see Weekly Readings link in the Course Menu navigation column or on the Home Page for the exact due date for the business plan).
The written business plan should include the following major topical areas:
Note: Although the sample business plans include three years of financial statements, you will have to include only two years of data for the income statements, cash flow statements, and balance sheets.
The business plan should consist of approximately 8- to 12-typewritten, single-spaced pages (written narrative) and six financial statement pages. The project will account for 300 points (30 percent) of your grade. It will require about 20 hours of work (more time if you really want to do great job).
101papers.com is always working towards customer satisfaction. Our professional academic writers always aim at producing comprehensive papers that possess quality and originality at pocket-friendly prices. Students are assured that all their private information is safe with us.
101papers.com provides a system where students can request for money-back in case they cancel the order or in the rare instances of dissatisfaction. The refund policy adheres to the company’s term and conditions on money-back.Read more
While providing the best professional essay writing services, we guarantee all our students of plagiarism-free papers. All papers produced by our professional academic writers are checked against all web resources and previously completed papers to avoid plagiarism.Read more
In our urge to provide the best professional essay writing services, we guarantee students of free revision policy. The free revision policy is a courtesy service where students can request for unlimited for their completed papers. We always aim at achieving 100% customer satisfaction rates. The free revision policy is one among many of our major advantages.Read more
At 101papers.com, every student is entitled to total security. Our professional academic writers are always committed to protecting all private information of our customers. We do not share any personal information with third parties. Additionally, we provide safe systems for all online transactions.Read more
Working with us is the greatest step towards achieving all your academic goals. We always deliver the best professional essay writing services as promised. We, therefore, expect all students to work cooperatively with us, as we work towards achieving our goal, your satisfaction. This way, all services will be delivered accurately and on time.Read more