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Business Plan Project. Business Idea Section. Slide 1: Qualifications: Why are you qualified to run this type of business? List your experiences, knowledge, etc. Slide 2: Name and Location of business Slide 3: Business Description Describe what your business is all about
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Business Idea Section • Slide 1: Qualifications: Why are you qualified to run this type of business? • List your experiences, knowledge, etc. • Slide 2: Name and Location of business • Slide 3: Business Description • Describe what your business is all about • Include what you sell (how you will make money), the opportunity that exists in this market, etc.
Marketing Section • How will you conduct marketing research? • Who are my competitors? • What is my competitive advantage? • What is my marketing plan (5 Ps): • People • Product • Place • Price • Promotion
Financial Section How many employees will you hire and how much will you pay them? What are you going to charge for your product or service?
Plan for Growth Where do you see your business in 1, 3, and 5 years? How will you increase your business over time? What are the challenges you expect to face?