BUSINESS PLAN–FINAL
Business Plan–Final
Overview
At this point in the course, you have completed all the necessary sections of your business plan. Your task in this assignment is to create the final version of your plan. You will include all the previous assignments you have been working on and attach the financials.
The key to this assignment is to use the feedback you have received throughout the course to polish your plan to the point that you could confidently show it to investors and potential partners or customers. One new piece you will be including is a 1–2 page executive summary.
This assignment consists of two parts:
- Your final business plan (an MS Word document).
- Your final business plan financials (using the Business Plan Financials Excel Template).
To successfully complete this assignment, you must attach both documents to the submission area as separate files and then click
Submit.
Reminders and Notes
- Your company, whether a startup company of your choosing or based on the snack food company scenario, will operate in a 100-mile radius from your home address. Your goal is to reach $1 million in sales by the end of the second year.
- Be sure to follow the guidelines, whether you chose the snack food company scenario or the company of your choice:
- Snack Food Company Guidelines [DOCX].
- Company of Your Choice Guidelines [DOCX].
Part 1: Business Plan—Final
Notes
- The executive summary is a critical aspect of this assignment. Your ability to condense and highlight critical information about your chosen company to investors will determine whether they decide to invest in you and your company or not.
- Chapter 4, “The Executive Summary,” pages 53–66, provides information about writing the executive summary. You may write either a synopsis or a narrative summary. Pay particular attention to the:
- Executive Summary Plan Preparation Forms on pages 58–61.
- Sample Plans on pages 62–66.
Instructions
In MS Word, construct a 10–20 page business plan in which you:
- Write a 1–2 page executive summary highlighting key aspects of each section of the business plan.
- Incorporate feedback to produce a comprehensive business plan for the product or business. Specifically, you will be combining all of the previous assignments and revising them to build your business plan:
- Week 3 Assignment: Company Overview and SWOT Matrix.
- Be sure to include all the headings from the assignment.
- Week 5 Assignment: Marketing Plan and Budget.
- Be sure to include all the headings from the assignment; the budget part of this assignment will be addressed in Section 2.
- Week 8 Assignment: Operations, Technology, Management, and Social Responsibility Plan (With Financials).
- Be sure to include all the headings from this assignment; the financials part of this assignment will be addressed in Part 2.
- The written section of the financials from the Week 8 discussion thread.
- Be sure to include any financial information that will help to convince the investors.
Formatting
Format your assignment according to these requirements:
- This course requires the use of Strayer Writing Standards (SWS). For assistance and information, please refer to the Strayer Writing Standards link in the left-hand menu of your course.
- Typed, double-spaced, using Times New Roman font (size 12), with one-inch margins on all sides.
- You must include headings in your paper for each major topic.
- Include a cover page containing the assignment title, your name, the professor’s name, the course title, and the date. The cover page is not included in the required page length.
- Include a source list page. All sources used must be listed in the source list page and have a corresponding in-text citation. Citations and references must follow SWS format. The source list page is not included in the required page length.
- There is no minimum requirement for the number of resources used in this assignment.
Part 2: Business Plan Financials—Final
Using the Business Plan Financials Excel Template, incorporate feedback from previous submissions to produce a comprehensive set of business plan financials the business's first two years.
- Be sure to refer to the appropriate guidelines for valuable information about how to complete the business plan financials section of your assignment:
- Snack Food Company Guidelines [DOCX].
- Company of Your Choice Guidelines [DOCX].
- Specifically, you will want review and make sure you've thoroughly incorporated feedback you received from:
- Weeks 7 and 8 discussion threads.
- Part 2 of the Operations, Technology, Management and Organization, and Social Responsibility Plan (With Financials).
Learning Outcomes
The specific course learning outcome associated with this assignment is:
- Construct a business plan with an executive summary that justifies a clear concept, a management structure, a market need, competitive advantages, and financial projections.
Strategic Management (BUS599023VA016-1216-001) |
The Executive Summary is Crucial- please read!
For the final version of your business plan (Assignment 4), you will have to write an executive summary.
This is the most important piece of the business plan because investors look at it first and decide, based on what you wrote, if they want to look further into your business plan.
The Executive Summary:
- should highlight the key aspects of each section of the business plan and provide specific information (not generic).
should not exceed 2 pages.
- should be clear, concise, and compelling
- should impress the reader and persuade them to read further
- use a positive, confident tone, demonstrating you are well-positioned for success
use bold subheadings just as indicated in the sample executive summaries from your textbook pages 62 and 65.
Learning to write a well-written summary is important in business in other areas as well. As an employee, it can show that you are able to extract what is important and present it clearly. This can get you noticed and promoted.
- Check out
Chapter 4 - The Executive Summary in the textbook for more details on what makes a great executive summary. IDTTs010921___1389380__2
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