Introduction:
In this module, you will create a business plan in which you will justify the creation of a certain business or service you want to offer, based on your program or career goals. The proposal will require you to think critically about why your business should exist and integrate research that conveys a need for a certain service, technique, or need. The audience for this assignment will be local, business leaders, financial supporters, agencies, etc. that would be able to help you get your business off the ground.
Learning Objectives:
1. Identify important aspects of a successful proposal for a business or service.
2. Research relevant information from reliable sources.
3. Craft an effective and detailed business plan.
4. Revise and strengthen your writing skills to meet audience expectations.
Research Requirement: You are required to use and cite information from at least three (3) sources to support ideas presented in your business plan.
Think about what the mission and purpose of your company would be so that you can justify why your audience should support this new venture and how the product or service you offer is unique.
In your proposal, you will need to either paraphrase (put into your own words) or quote (use the source’s actual words) – and properly cite information from your sources you use. Inclusion of your research can happen anywhere throughout your proposal where you find it relevant.
At the end of your document, you will include a Works Cited page in which you correctly list the publication information for your sources.
Assignment Guidelines:
Required: 2-3 pages, typed, double-spaced, 12 pt. Times New Roman font.
Plus you will include a Works Cited page documenting your research sources.
Your Business Plan must include:
Executive Summary / Purpose: introductory paragraph explaining exactly what business / service you will offer.
Analysis of Need / Market Research: 1-2 paragraphs explaining why your particular business or service is necessary. You may include appropriate charts or graphics to help support your ideas.
Uniqueness: paragraph explaining how what you offer will set you apart from competitors.
Structure: paragraph discussing how your business will be organized – structure and leadership, job positions number of employees, etc.
Investment: 1-2 paragraphs explaining why and how outside support for your business will help you establish the business and what resources you will need to get started.
Conclusion – paragraph re-emphasizing the purpose and potential of your business.
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