Discussion 1

11651Think of anything you like, a business idea that you have though about, or any innovative creation to solve an issue or problem, or to provide value to others. Why not make profit out of it?

With your own business idea, fill the blanks and answer to the best of your abilities the information requested to shape your ideas into a concrete business plan:

1. Name of the Company (Check to see if it is available in Sunbiz.org):

2. Type of Business (LLC, Sole Propriatorship, etc.) and why?:

3. List the leadership of the company:

4. Name product of service to be provided (Elaborate on specifications and added value that makes it unique or stand out from competition):

5. How will you distribute the product? (Locally, Nationwide, globally, and how?)

6. Expected Operative Expenses:

7. Expected sources of Revenue:

8. Expected Profit at the end of year 1, 5, and 10 of having the business:

9. Create a SWOT Analysis of the company:

10. What is the target audience of the product?:

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