This project aims to simulate working and writing in a business environment.
This project aims to simulate working and writing in a business environment. Your task is to create a business plan for a new product, app, restaurant, or retail store. This new business should address or fill a need in your community.
The final graded product for this project will be a fully developed business plan and a class presentation.
Business Plans and presentations will be submitted by 11:55 am on Monday, April 22.
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Procedure:
Step 1: Read “Write Your Business Plan” by the US Small Business Administration. Download and read an example business plan.
Step 2: Brainstorm a list of business ideas and choose one to focus on for this project. Consider picking something related to your major, bobby, or a special interest.
Step 3: Research that business idea to find out about the need for that product and service and about other businesses similar to yours. Be prepared to cite the sources in APA style.
Step 5: Complete and submit the project outline.
Step 6: Complete the lean business plan. You may use this Business Plan Template. An MS Word version of this template is also available in MyCourses.
Step 7: Create a brief presentation.
The purpose of the presentation is to create interest in your product/app/restaurant/store. Think of it as a marketing tool.
The presentation should not include every detail from your business plan.
The presentation will use visuals and bullet points to express the main ideas from each of your main headings.
Feel free to be creative with this! Use music, video clips, humor, etc.
Your presentation should take 5-10 minutes.
If you are in an online course, record your presentation and post a link or a file in the forum. If you are in a face-to-face or video-conference class, you will present your business plan to the class.
Be prepared to answer questions from the class (and me!) about your business in the discussion forum or in class.
How You Will Be Graded:
Online Business Plan Grading RubricProject Outline
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