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Due Friday 9/16/14. Business Plan Project. Title Page. Name of business Your name Date. Table of Contents. Number this page 2 Title page no number Each page should have page numbers This will be the last thing that you do. Field of Business. Field of business chosen
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Due Friday 9/16/14 Business Plan Project
Title Page • Name of business • Your name • Date
Table of Contents • Number this page 2 • Title page no number • Each page should have page numbers • This will be the last thing that you do.
Field of Business • Field of business chosen • Education, childcare, restaurants, lawn care, night club, etc. • Three reasons for choosing this field.
Business Plan • Name of business • What will you name it? • Type of business activity • Service Industry or Goods Producing • Products and services • What will you sell? • Competition • Who will you sell against? • Customer benefits • How does your product or service benefit the customer? • Management expertise • Previous experience in management
Analyze Markets • Target market • Who is your product and service targeted for? • Age group • Race/National Origin • Gender • Income level • Urban or rural • Sales potential for first year • How much will you earn in revenue during your first year? • Location • Where will you open your business? • Will you have multiple locations?
Planning • Definition of business • Describe the business again. • Benefits of product or service • List how this product or service will benefit consumers. • Customer services- • What special services outside the product and service will you provide? • Ex. Barbershop offering free haircuts for back to school • Number of employees and description of duties • List the number of employees • Give job descriptions for each job • Organizational chart • Create a chart showing all of your team members
Marketing • Pricing • What will be your pricing strategy? • How does your price compare with the market price? • Advertising and promotion • How will you promote your business? • Word of mouth • Newspaper • Facebook • Twitter • YouTube • Instagram • TV • Public relations • How will you handle news related stories about your business?
Financing • Start up costs • How much will it take to start your business? • Funding • Where will you go to fund your business? • Private investors • Offer shares of stock or bonds • Bank loan • Your savings
Corporate Social Responsibility • Describe what you will do to help the community. • Toy drive • Food drive • Clothing drive • Guest speaker • Donate • Sponsorship
Logo, Letterhead and Business Card • Create a logo, letterhead, and business card for your company
Floor Plan • Draw a sketch of your business layout
Presentation • Present your Presentation in PowerPoint, Prezi, or video
Visual Aid • Include a visual aid • PowerPoint • YouTube • Sample Product • Create a commercial • Create an advertisement