Business Plan Exploration Report
You will conduct a business plan exploration of a product or service. This report will address the business environment and relevant management finance and marketing issues related to developing a product or service business plan. Business majors can use this as an opportunity to research the viability of a business idea for BA 499 Capstone – Develop a Business Plan.
The final report must be APA style using appropriate section headings be at least 10 pages in length must not exceed 15 pages. Include whatever elements you think are necessary including but not limited to the following elements: I already started this Business Plan You need to finish the last part of this paper which include: Start up cost Pricing for product or service Recommendations Appendix. Add APA references for each part if needed please use references that are related to what you write and do not use references from out of the country. Be sure you do not plagiarize as well.
An executive summary
Introduction (product or service)
Graphic images
Evaluation of market (size demographics socioeconomic state urban/rural etc.)
Competition in the market
Legal considerations
Methods for marketing
Labor climate
Start up costs
Pricing for product or service
Recommendations
References
Appendix
Resources:
Use the following questions and resources to help you research and write your report.
What are the start-up costs?
What are the operating costs?
What is thebreak-even point and when will it occur?
Can you complete a pro forma financial statement?
Do you have what it takes? (self-study)
Do you have the ability to borrow money? Collateral? Equity? Credit?
And here are a few website links with information about starting or running a small business:
https://www.smallbusiness.wa.gov.au/business-topics/
https://www.sba.gov/tools/sba-learning-center/search/training
http://store.msuextension.org/publications/BusinessandCommunities/MT199510HR.pdf