Assingments % - Business Plan (Part 3) includes a significant portion of the overall project.

Course Project Part 3
Course Project Part 3 (200 points, Due Week 7)
Part 3 sections includes the Executive Summary, G, H, and I in bold below. Once completed, Part 3 should be combined with Parts 1 and 2 of your Course Project, including your professor’s feedback and all references. Parts 1, 2 and 3 combined will constitute your Business Plan.
Part 3 will include:
Cover page
Table of contents
Executive Summary
Section A: Business Concept
Section B: Industry Analysis
Section C: Regulation and Legal Review
Section D Target Market and Segmentation
Section E: Value Proposition and Competitive Analsis
Section F Marketing Promotion and Pricing Strategy
Section G: Facilities and Equipment Plan
Section H: Technology Plan
Section I: Financial Plan. Includes Sales Forecast and Breakeven Analysis
Appendix (include any other research or support documentation here)
References
DetailsUse this template for Part 3- BUSN460 course project part 3 template.docx
Executive Summary (30 points)
This Executive Summary was developed during the Week 5 Collaborative Assignment. Your final draft Executive Summary should be included in this Section of your Business Plan.
As described in the Week 5 Collaborative Assignment description, this one-page summary of your plan should be able to stand alone as a document on its own merits. Include a clear and specific compelling Value Proposition, a brief synopsis of each plan section, and brief financial highlights. After reading this summary, the reader should have a clear understanding of the specifics of your Business Plan.
Section G: Facilities and Equipment Plan (50 points)
Please review the Week 5 Lesson for information related to this section.
Describe the cost of your capital assets, such as production lines, office equipment, and buildings. If you plan to have a physical location, include a floor plan if possible. What are your startup timelines? Expansion timelines?
Section H: Technology Plan (50 points)
Please review the Week 5 Lesson for information related to this section.
In this section, describe your company’s IT needs, how much they will cost, and how you will implement them. Will you have a web presence, and if so, what functionality will it include? Will you handle your IT requirements “in-house” or outsource to IT consultants—explain your decision.
Section I: Financial Plan (60 points)
Includes Use of Funds, Sales Forecast, and Break-even Analysis.
Please review the Week 6 Lesson and Chapter 16 of the textbook for information related this section.
Create your 5-year projection (See Week 6 Lesson for details) for your business. It is critical to include units, dollars, and assumptions in your projection. Create the sales projection in a narrative that includes the description of the units you plan to sell, the services (amount of them) you plan to provide, and your growth projections of these numbers. Document all assumptions and provide external source information for all assertions.
Include a graphical representation that shows when your company will start making a profit and the break-even point.
Paper/References (10 points)
The Paper should be written using APA 7 format guidelines.

Struggling with where to start this assignment? Follow this guide to tackle your assignment easily!

1. Review the Requirements

This part of your Business Plan (Part 3) includes a significant portion of the overall project. Make sure you’re clear on what is required: a cover page, table of contents, executive summary, specific sections, and an appendix with references. Your goal is to build on the previous parts of the project (Parts 1 and 2), incorporate your professor’s feedback, and compile everything into one cohesive document.

2. Cover Page & Table of Contents

Cover Page: Start with a professional cover page that includes the business name, your name, course details, and the date.
Table of Contents: After the cover page, include a table of contents. It should be automatically updated as you complete your business plan sections. Most word processors have a feature that can generate this for you.

3. Executive Summary (Section on its Own)

The executive summary is one of the most important sections, so get it right!

Value Proposition: Start by describing what makes your business unique and why it stands out in the marketplace. What need does it fill?
Synopsis of Each Section: Summarize the key parts of your business plan in a concise manner. Each section should briefly mention what’s covered in detail, like market analysis, value proposition, marketing strategy, etc.
Financial Highlights: Include a brief overview of financial projections, such as expected sales and profit margins.
Clarity and Brevity: This section should be concise, focusing on high-level insights. Aim for one page.

4. Section G: Facilities and Equipment Plan

Capital Assets: List the major costs associated with your capital assets, like office equipment, buildings, and production lines.
Floor Plan: If you’re planning on having a physical location, provide a basic floor plan. Even if it’s simple, it helps visualize how your space will be used.
Timelines: Include timelines for both your startup and any potential expansion plans. When will equipment be purchased? When will you expect to open your physical location?

5. Section H: Technology Plan

IT Needs: Describe the technology infrastructure required for your business. This includes hardware, software, and any IT support you might need.
Costs: Break down the cost of technology, including any one-time costs and ongoing maintenance fees.
Web Presence: Discuss whether your business will have a website. What features will it include (e.g., e-commerce, customer portal)? Will you manage IT in-house or outsource it to consultants?
Implementation Plan: Briefly describe how you plan to implement this technology (phases, vendors, etc.).

6. Section I: Financial Plan

Sales Forecast: Create a detailed 5-year sales projection. This should include a description of the units or services you plan to sell, the prices, and your expected growth.
Use of Funds: Where will your funds be allocated? Is it for inventory, equipment, staff, or marketing? Provide details of how you’ll use the capital you raise.
Break-even Analysis: Include a break-even analysis. This will show how much revenue you need to generate to cover your expenses.
Documentation: Make sure to back up your financial projections with any available data or industry benchmarks. Your assumptions should be clear, and you may want to reference external sources to justify your numbers.

7. Appendix and References

Appendix: This section includes any additional research, documentation, or materials that support your plan (such as surveys, market research, legal documents, etc.).
References: Include all the references you used in your business plan. Use a proper citation format such as APA.

8. Combining Parts 1, 2, and 3

Once you’ve completed Part 3, combine it with Parts 1 and 2, along with any feedback from your professor. Ensure the document flows smoothly and that each section is clearly marked. This will form the complete business plan.

9. Final Review

Proofread: Before submitting your business plan, carefully proofread it for spelling and grammar mistakes.
Consistency: Make sure the tone is consistent throughout, and that each section ties together logically.
Formatting: Ensure your business plan follows the appropriate formatting guidelines (font size, spacing, etc.).