Write a Business Plan 1

REQUIRED: A brief, one-page PROPOSAL, in overview form, of your business plan, telling me what business you plan to start and why you think it would be successful. This should include statements about yourself, your abilities and the "window of opportunity" at present for your business. and You are to select a business (hypothetical or real) that you would like to start and write a brief (8 - 10 pages) business plan. IMPORTANT: Your business plan should emphasize a marketing strategy showing: demographics of your potential customers; an overview of the consumer trends affecting your business; an brief assessment of your competition (showing what the market wants, what the market gets, and what YOUR BUSINESS can provide). With this you are revealing your "sustainable competitive advantage." Your business plan should be about 75% in the marketing area and 25% in the financial projections area. A major goal of this course is to familiarize the student with writing a basic business plan. A business plan is a document to be used for convincing the financial community that your business would be a sound and viable investment. You are to select a business (hypothetical or real) that you would like to start and write a brief (8 - 10 pages) business plan. You do not need lots of details; but you will need to present a convincing argument that your business will succeed. Your business can be traditional (coffee shop, restaurant/bar, laundromat, software development, vending machines, etc.) or it can be "virtual" with a futuristic theme of things yet to come (businesses in the sustainability arena or businesses in the emerging "cloud technology" area could be planned and developed). Or your dream business could be one of the emerging "Disruptor" business, changing the basic business model of how products and/or services are being offered. (Examples of Disruptor businesses include: Airbnb, Uber, Survey Monkey, Pinterest, Warby Parker, Tesla, etc.) Tesla, for example, is breaking the model of how cars are sold in America -- they're not using dealerships to sell cars and some states (Michigan, New York, etc.) are suing the company for going around the franchise relationships between manufacturers and car dealerships. .