You are the entrepreneur and your job is to present a business plan for your entrepreneurial venture. Review the following link: Click Here To Review The Link. This web site includes sample business plans for 60 companies.
You are the entrepreneur and your job is to present a business plan
You are the entrepreneur and your job is to present a business plan for your entrepreneurial venture.
Review the following link: Click Here To Review The Link
This web site includes sample business plans for 60 companies. Choose one company from the list (based on your interests).
Then use the information on this site, the information in your textbook, tips from the Small Business Administration web site ( https://www.sba.gov/business-guide/plan-your-business/write-your-business-plan) to present your business plan.
WHAT: Your project, a presentation of a business plan, should be in the form of a PowerPoint presentation. You are the entrepreneur and will use this presentation to show where your business is now, where you plan to go, and how you are going to get there. Assume that this presentation is being made to potential investors.
Your presentation should be comprised of approximately 15-25 PowerPoint slides. Each slide should summarize the main points you are making, and additional details (those that you would be saying in your presentation) should be included in the “Notes” in PowerPoint (under each slide there is a “Click to add notes” feature).
Your mock presentation should last approximately 20 minutes, so ensure that the PowerPoint contains sufficient information to guide you through this presentation to potential investors.
Be sure that your presentation includes all of the main parts of a business plan, and is not merely a copy of the business plan that you are using as a basis for the presentation.
WHEN: Your final project will be due on Week 4.
WHERE: Post the PowerPoint document to the Final Project ASSIGNMENT in Week 4.
SUGGESTIONS: Choose your business and plan from the following site: https://www.bplans.com/sample_business_plans.php. Clearly label which business type and name you are using.
Review your textbook and the Small Business Administration site: https://www.sba.gov/business-guide/plan-your-business/write-your-business-plan
Before you begin writing your business plan, consider the four core questions:
What service or product does your business provide and what needs does it fill?
Who are the potential customers for your product or service and why will they purchase it from you?
How will you reach your potential customers?
Where will you get the financial resources to start your business?
Final Project Grading Criteria:
Business Plan Content: 50 points possible
Followed Guidelines: 20 points possible
Grammar/Spelling: 20 points possible
Creativity: 10 points possible
Total: 100 points possible
Strategies for Presenting Your Business Plan
In their book Write Your Business Plan, the staff of Entrepreneur Media offer an in-depth understanding of what’s essential to any business plan, what’s appropriate for your venture, and what it takes to ensure success.
In this edited excerpt, the authors explain how to present your plan to investors or other individuals after you’ve completed it.
It doesn’t matter how compelling your business plan is if the reader starts with a negative impression.
A shopworn plan reeks of failure from the get-go. Make sure the cosmetics are right: Clean paper, crisp font, clear pictures and a professional (noncolloquial) presentation go a long way toward securing a fair reading or hearing of your business plan.
As always, when preparing your plan, keep your audience in mind. Businesslike is almost always best as a fallback decision on how to make a good first impression. Also ask in advance if the recipient wants a hard copy or an e-copy of your plan. In the digital age, we want to give people what they want.
Once you’ve prepared your plan for presentation, you need to put it in front of the right people. There are six steps for doing so:
1. Obtain leads and referrals. Find names, addresses and phone numbers of the type of investors you wish to target. Ask people you know for referrals. Network as much as possible.
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