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Business plan part 2

Use the SBA website “Business Guide” section, specifically “Plan Your Business” (www.sba.gov (Links to an external site.)Links to an external site.). Become familiar with this website as it will help you lay out your project and understand what the expectations are for a new business. Here is an article from SBA on writing your business plan: https://www.sba.gov/business-guide/plan/write-your-business-plan-template#section-header-2 (Links to an external site.)Links to an external site. . For each Part of the Business Plan you must: Include a title page, reference page (minimum 2 unique sources per section), must use 12 point Times New Roman Font, must double space and use margins no larger then 1” on each side. Part 2 of the Business Plan 3-5 pages Service or Product Line (Product) Discuss the problem your product solves Discuss who your customers are Why would they want to buy your product? Marketing and Sales (Price, Place, Promotion) How will you price your product, take competitors into consideration Where will you sell your product Will you have a physical location? How will you market your product Briefly discuss marketing plan for the product Finance Your Business You each have up to $30,000 to put into your business. How much more money do you need? Will you try to look for investors or get a bank loan? What is your reasoning for choosing as you did? See information below for direction on this section* *Financial Statement information to include in final paper. Keep it simplistic, I just want you to get a feel for thinking about numbers. You should include graph, chart or Spreadsheet style information as well as a paragraph introducing each item. Explain what is important in each of the visuals. click here for information on How to Calculate your Start-Up costs and for Information on Financials Year 1 Take the $30,000 you have to start up the business then subtract the following: subtract Cost to Produce Products (think about how many units you expect to sell to know how many to produce and what is cost to produce). If a service think of the labor costs and any supply costs. Salary/salaries General Overhead (electricity, phone, internet) Rent Manufacturing of good(s) Marketing effort: Advertising/Promotion Office Supplies Add anything else you think is important How much additional financing do you think you need beyond the $30,000 to get through the first year? Will you look to borrow from a bank or look to a venture capitalist or angel investor? Why did you select what you did?
Use the SBA website “Business Guide” section, specifically “Plan Your Business” (www.sba.gov (Links to an external site.)Links to an external site.). Become familiar with this website as it will help you lay out your project and understand what the expectations are for a new business. Here is an article from SBA on writing your business plan: https://www.sba.
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Assignment ID
785830
Discipline
CREATED ON
29 November 2018
COMPLETED ON
4 December 2018
Price
$100
This order has already been completed on Studybay
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user847784
13 December 2018
user847784
Good work and finished before deadline! Thank you!
Muath00
13 December 2018
Muath00
nice work
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13 December 2018
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awesome