09 May Final Assignment – Submit Small Business Plan AssignmentBusiness Plan
Final Assignment – Submit Small Business Plan AssignmentBusiness Plan AssignmentEveryone will have the opportunity to create a Business Plan proposal for a new or existing business product or service line. It is understood that 8 weeks is not enough time to develop a comprehensive plan and a fictional plan is perfectly acceptable under these circumstances. The idea here is to practice creating a plan and understanding the steps necessary for submitting a successful Business Plan. The plan does not have to be for a new business; it can include the following:An existing business you may like to buyCreating a new department or division in an existing companyDeveloping a new product or service for an existing company (in essence you would be creating a new deparatment or division that would essentially start from the ground-up)Other ideas you have with permission of the instructorMany students take this opportunity to develop a plan for a business they would like to start part-time now in the near future or once they retire. This is perfectly acceptable and certainly encouraged. The idea is to get you excited about the process and possibility of actually using this research you will perform for the actual plan once the time is right. Attached to this section is reference material that will help you better understand the structure and content of the Business Plan. Although very comprehensive it is understood that the expectations for emulating these plans are significantly lowered for this course.It is important to address each element of the Business Plan in your proposal and the text does a great job in explaining this process. If you have any questions about any of the steps please contact me for assistance. There are also discussion board questions specifically designed to help you navigate this process. You will have the opportunity to discuss your progress with other students and benchmark your progress. Your business plan will be graded according to the following rubric: Business Plan Rubric Task Point Value (out of 100) Proper APA format spelling grammar citations and references 20 points Proper use of terms and concepts from the course – minimum 5 researched articles for background all within past 5 years 30 points Insights from and application of course material 30 points Practical application of course concepts – personal reflection on learning outcomes as they relate to this project 20 points
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