Select one of the sample business plans from the appendix of your textbook that most closely aligns with your product or service. You may also use the SCORE business plan template attached here. Use the business plan you select as a template for your own business plan. Assemble a well-researched comprehensive, coherent business plan drawing from the research, information, and detailed plans you completed in prior MBA courses or in this course.
Use the business plan you selected as a guideline to help you create a complete and organized plan. Use your own creativity to add additional headings or subheadings as needed if your business idea calls for modified data, information, or sections.
Format: Use the business plan you selected from the appendices of the textbook, or the SCORE business plan template for the general structure of your business plan. Create a 5 minute or less PowerPoint presentation based on your business plan.
The written plan should be comprehensive and complete, but well-organized so that a reader can move through it quickly. Don’t bog down the body of the plan with vast quantities of minute detail. Put those in well-labeled appendices and refer to them in the body.
The length will depend on the business idea; however, most ideas should require somewhere between 25 and 50 pages, preceded by an executive summary not exceeding one page in length. Appendices may contain charts, tables, graphs, articles, research reports, etc. You must support your statements with facts from your research without overwhelming the reader with unnecessary or undigested data. Don’t simply dump huge reports on the reader, but assimilate them yourself and provide the relevant summary information.
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