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CREATING A BUSINESS PLAN. EDUCAITON 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

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creating a business plan

CREATING A BUSINESS PLAN

EDUCAITON FOR CAREERS

PERIODS 3 AND 4

types of business plans
TYPES OF BUSINESS PLANS
  • QUICK SUMMARY
  • ORAL PRESENTATION
  • INVESTOR’S BUSINESS PLAN
  • OPERATIONAL BUSINESS PLAN
purpose of a 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
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
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
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
Today’s activity
  • Before your group begin to create an executive summary,
    • please READFINDING 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 activity1
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