CREATING A BUSINESS PLANEDUCAITON FOR CAREERS

PERIODS 3 AND 4

TYPES OF BUSINESS PLANS

QUICK SUMMARY ORAL PRESENTATION INVESTOR’S BUSINESS PLAN OPERATIONAL BUSINESS PLAN

PURPOSE OF A BUSINESS PLAN

STATEMENT OF YOUR GOALS

REASONS YOU THINK THESE GOALS CAN BE MET

HOW YOU ARE GOING TO ACHIEVE THEM

BUSINESS PLAN: GETTING STARTED

Questions You should ask yourself

What type of business will I create?

What type of ownership will it have?

PARTS OF A BUSINESS PLAN

BUSINESS IDEA OPPORTUNITY AND MARKET ANALYSIS FINACIAL STRATGIES ORGANZIATIONAL STRUCTURES LEGAL STRUCTURES BUSINESS MANAGEMENT PLAN FOR GROWTH

TURNING AN OPPORTUNITY INTO A BUSINESS Start a NEW BUSINESS BUY a business that ALREADY exists BUY A FRANCHISE*** INVEST Something NEW

***CANNOT USE!

TODAY’S ACTIVITY

Before your group begin to create an executive summary, please READ FINDING IDEAS ON PAGES 329-330 SAMPLE STUDENT BUSINESS PLAN PG. 483-495 BUSINESS MANAGEMENT ISSUES PG. 469-482

BY THE END THE OF THE CLASS PERIOD, AN EMAIL SHOULD BE SEND TO MS. BANKS WITH THE FOLLOWING INFORMATION:

THE FIRST SIX ITEMS ON SLIDE 7:

THIS IS WORTH 12O POINTS PER MEMBER OF THE GROUP.

TODAY’S ACTIVITY

YOU WILL GET INTO GROUPS OF 3 YOUR GROUP WILL ANSWER THE TWO QUESTIONS ON

SLIDE 4 You will begin working on your Executive Summary

Mission Statement Business Name and Location Date Business will begin Owner’s Name, Function and contact information Type of product or service Target Market The economics of one unit-Calculation of the profit or loss for each unit

of sale the business will make** Future plans