Use the final project rubric structure feedback six timeline

Business Plan: Project Description and Scoring Guide

• The business that you choose should be a small business that is a fictitious business that you will propose, an actual small business with which you are familiar, or a franchise opportunity that you would like to explore.

• The business can be based on a product or a service.

In 1-3 Final Project: Business Plan Milestone One: Project Proposal and Company Information, you will submit Milestone One. The format should be:

• A brief proposal of your business. The business that you choose should be:

The business can be based on a:

a)product, OR a

• This milestone is graded separately. Use the Final Project Rubric to structure feedback.

Milestone Two: Environmental and Industry Analysis

• The external section of the environmental analysis assesses the opportunities and threats of your company. It identifies trends and changes that are

happening outside of your control, such as at the local, national, and international level that can influence the future of your small business. Such

• This milestone is graded separately. Use the Final Project Rubric to structure feedback.

Milestone Three:Management Team and Manufacturing Operations Plan

business, you will outline what you will produce and what you will purchase as components to your finished product. Discuss your control systems for

inventory, purchasing, and production.

• You should also discuss how the key managers will be compensated.

• Finally, you should outline which management training your key leaders may have had and what type of training might still be needed.

• A financial plan in which you demonstrate that your business can be viable and profitable. Existing businesses can use historical data, whereas start-ups

will use projections based on your "best estimates."

d)Profit-and-loss statement (sales revenues and expenses, either actual or estimated).

e)Break-even analysis (how much product you need to sell to cover your expenses).

• A document in which you present evidence that a market exists for your business. In other words, you must convince investors that a large enough

• Address pricing policy and how the business’s prices will penetrate the market, maintain its market position, and allow the business to earn a profit.

• Address promotion strategy, distribution strategy, and service policies.

format should be:

• A timeline outlining the interrelationships and timing of major events planned for your venture. Make sure that your deadlines are realistic and

• Finally, outline any benefits to the community (economic, community, or human development) that your business will provide.

• Milestone Six should be 500–600 words in length.

• A succession plan, an executive summary, a reference list, and the complete business plan. The first part of the milestone is a brief (100–200 words)

succession planin which you list your long-term intentions for the business. How will investors get their money back?

This milestone should be submitted by the end of Module Seven. •
• This milestone is graded separately. Use the Final Project Rubric to structure feedback.

Deliverable Milestones

Rubric

Requirements of submission: Written components of projects must follow these formatting guidelines when applicable: double spacing, 12-point Times New Roman font, one-inch margins, and discipline-appropriate citations. In total, the number of pages submitted should equal 13 to 14 (Proposal: 1 page; Internal, Environmental, and Industry Analysis: 2 pages; Management Team and Operations Plan: 2 pages; Financial Plan: 2 pages; Marketing Research and Evaluation: 2 pages; Timeline, Risks, and Benefits to Community: 2 pages; Exit Strategy, Executive Summary, and Reference List: 2–3 pages).