2nd semester project: Business Plan

Create a business plan for a new venture! The SBA has a good site for planning small businesses. I've also located a template on the share drive S:\Josephson\Econ\Business Plan for a Startup Business.

This project has the following deliverables:

1. A business plan document including financial projections (see details below) - 50%.
2. A powerpoint "investor presentation" - 30%.
3. Presentation of your pitch to investors - 20%.

You may work alone or with up to two partners. Your business plan must include the following:

1. Executive overview (quick summary - write this last!)
2. Company description (how is your company organized?)
3. Product or service description (what is your product or service?)
4. Marketing plan (how will people know about your product/service?)
5. Operational plan (how will your company run?)
6. Financial projections (how much $ will your company make & when?) useful templates may be found here: http://www.score.org/template_gallery.html
7. Star-up expenses and capitalization (how much $ do you need to start? will you need more before you break even?)

Due dates:

April 17 - Choice of business to launch

May 15 - Business Plan

May 25 - Investor PowerPoint

Class presentations to begin after May 25th