The assignment must be typed in MS Word, double space, font size 10 or 11, minimum length should be 2 pages.
Remember to properly cite all your sources using APA style.
Instructions: Think about a small business you would like to open up and using the information from:
· The Entrepreneurship Module and previous chapters
· The SBA webpage starting a new business: https://www.sba.gov/category/navigation-structure/starting-managing-business/starting-business)
o Click on the menu options on left-hand side of screen to find information
· The information presented in Chron article titled “What are the Key Elements of a Business Plan”, http://smallbusiness.chron.com/key-elements-business-plan-56006.html
· Any other outside resources you choose to use
Write an abbreviated business plan for your small business. You must include the following sections of a business plan:
· Executive Summary
· Market Analysis
o Discuss who your target market will be
o Who are your competitors
· Company Description
o Must also Include the structure of your company
§ Sole proprietorship
§ General Partnership
§ LLP
§ LLC
§ C Corporation
§ S Corporation
· Organization and Management
· How will you finance the venture
o DO NOT NEED TO DISCUSS ANY OTHER FINANCIALS
