Assignment
1. BP Proposal: Your Start- Up Business
For this class, you will be ‘starting' a business of your choosing, so you must decide what business you are interested in and submit a proposal with a brief description for approval.
The constraints in selecting your business include:
• Your business must NOT be a seasonal business.
• You cannot use a franchise.
• Your business cannot be an ‘Online' business.
• Your business must be a for-profit business.
• You must have face to face interaction with your customer.
• You cannot change your business choice after it is approved.
Be sure to select a business that you are interested in, as you will be doing research all semester on this particular industry.
Submit your proposal as a short memo (business format) describing what your business will be, where you will be located and any additional details such as; will it be a home based business or storefront?
Complete Key Concept Questions in back of text chapter:
• Explain why a prospective business founder might want to create a feasibility study or Business Model Canvas before developing a complete business plan.
• How can spending time researching and writing a business plan save an entrepreneur time and money in the short and long term?
• Explain why the executive summary is the most important section of any business plan.
Format your assignment according to the following formatting requirements:
1. The answer should be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides.
2. The response also include a cover page containing the title of the assignment, the student's name, the course title, and the date. The cover page is not included in the required page length.
3. Also Include a reference page. The Citations and references should follow APA format. The reference page is not included in the required page length.