Category: Business Plans

please see word document file for requirement.please maintain APA citation 7th edition. less than 2% plagiarism will accepted.with three refrences
The Individual project selected is A Redevelopment of local playground, for the project this pdf shows work done in week 1 , week 3 and week 4 , now you have to do work for week 5 . I have attached requirements for week 5 as well. so prepare document as per requirement in by also reviewing previous week ( week 1, 3 and 4) work and complete week 5 as per the given requirement.

please see word document file for requirement.please maintain APA citation 7th edition. less than 2% plagiarism will accepted.

The name of business is B Wraps, selling beeswax wrapping paper in Canada ON. The document should have a reference paper in APA 7th edition. Attached are the Business Document and the Business plan grading rubric. In each section there are questions for what the information is required. Information in italics have to be removed whereas the content in Bold has to be in the document (Document title: B wraps business plan). However, the content should not be a Question and answer flow but a more professional tone.

A great business plan can help you clarify your strategy, identify potential roadblocks, decide what you’ll need in the way of resources, and evaluate the viability of your idea or your growth plans before you start a business.
Not every successful business launches with a formal business plan, but many founders find value in taking time to step back, research their idea and the market they’re looking to enter, and understand the scope and the strategy behind their tactics. That’s where writing a business plan comes in.Start free trial
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Home Shopify Blog How To Write the Perfect Business Plan in 9 Steps (2023)
How To Write the Perfect Business Plan in 9 Steps (2023)
by Desirae Odjick Guides
Dec 3, 2022 24 minute read
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How to write a business plan: everything you need to know
A great business plan can help you clarify your strategy, identify potential roadblocks, decide what you’ll need in the way of resources, and evaluate the viability of your idea or your growth plans before you start a business.
Not every successful business launches with a formal business plan, but many founders find value in taking time to step back, research their idea and the market they’re looking to enter, and understand the scope and the strategy behind their tactics. That’s where writing a business plan comes in.
Table of Contents
What is a business plan?
Why write a business plan?
Business plan formats
How to write a business plan in 9 steps
Tips for creating a small business plan
Common mistakes when writing a business plan
Prepare your business plan today
Business plan FAQ
Grow your business with a winning strategy
Simplify your workload and operate with confidence with our free lightweight ecommerce business plan.
What is a business plan?
A business plan is a document describing a business, its products or services, how it earns (or will earn) money, its leadership and staffing, its financing, its operations model, and many other details essential to its success.
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We had a marketing background but not much experience in the other functions needed to run a fashion ecommerce business, like operations, finance, production, and tech. Laying out a business plan helped us identify the “unknowns” and made it easier to spot the gaps where we’d need help or, at the very least, to skill up ourselves.
Jordan Barnett, Kapow Meggings
How to write a business plan in 9 steps
Draft an executive summary
Describe your company
Perform a market analysis
Outline the management and organization
List your products and services
Perform customer segmentation
Define a marketing plan
Provide a logistics and operations plan
Make a financial plan
Few things are more intimidating than a blank page. Starting your business plan with a structured outline and key elements for what you’ll include in each section is the best first step you can take.
Since an outline is such an important step in the process of writing a business plan, we’ve put together a high-level overview you can copy into your blank document to get you started (and avoid the terror of facing a blank page). You can also start with a free business plan template and use it to inform the structure of your plan.
Once you’ve got your business plan outline in place, it’s time to fill it in. We’ve broken it down by section to help you build your plan step by step.
1. Draft an executive summary
A good executive summary is one of the most crucial sections of your plan—it’s also the last section you should write.
The executive summary’s purpose is to distill everything that follows and give time-crunched reviewers (e.g., potential investors and lenders) a high-level overview of your business that persuades them to read further.
Again, it’s a summary, so highlight the key points you’ve uncovered while writing your plan. If you’re writing for your own planning purposes, you can skip the summary altogether—although you might want to give it a try anyway, just for practice.
Screenshot of an executive summary by FIGS
An example of an executive summary by lifestyle brand FIGS. FIGS
An executive summary shouldn’t exceed one page. Admittedly, that space constraint can make squeezing in all of the salient information a bit stressful—but it’s not impossible. Here’s what your business plan’s executive summary should include:
Business concept. What does your business do?
Business goals and vision. What does your business want to do?
Product description and differentiation. What do you sell, and why is it different?
Target market. Who do you sell to?
Marketing strategy. How do you plan on reaching your customers?
Current financial state. What do you currently earn in revenue?
Projected financial state. What do you foresee earning in revenue?
The ask. How much money are you asking for?
The team. Who’s involved in the business?
2. Describe your company
This section of your business plan should answer two fundamental questions: who are you, and what do you plan to do? Answering these questions with a company description provides an introduction to why you’re in business, why you’re different, what you have going for you, and why you’re a good investment bet. For example, clean makeup brand Saie shares a letter from its founder on the company’s mission and why it exists.
A letter from the Saie founder next to a picture of a woman putting on mascara
An example of a company description from clean makeup brand Saie that includes who the company is and what its mission is in a few short sentences. Saie
Clarifying these details is still a useful exercise, even if you’re the only person who’s going to see them. It’s an opportunity to put to paper some of the more intangible facets of your business, like your principles, ideals, and cultural philosophies.
Here are some of the components you should include in your company description:
Your business structure (Are you a sole proprietorship, general partnership, limited partnership, or incorporated company?)
Your business model
Your industry
Your business’s vision, mission, and value proposition
Background information on your business or its history
Business objectives, both short and long term
Your team, including key personnel and their salaries
Some of these points are statements of fact, but others will require a bit more thought to define, especially when it comes to your business’s vision, mission, and values. This is where you start getting to the core of why your business exists, what you hope to accomplish, and what you stand for.
This is where you start getting to the core of why your business exists, what you hope to accomplish, and what you stand for.
To define your values, think about all the people your company is accountable to, including owners, employees, suppliers, customers, and investors. Now consider how you’d like to conduct business with each of them. As you make a list, your core values should start to emerge.
Once you know your values, you can write a mission statement. Your statement should explain, in a convincing manner, why your business exists, and should be no longer than a single sentence.
As an example, Shopify’s mission statement is “Making commerce better for everyone.” It’s the “why” behind everything we do and clear enough that it needs no further explanation.
What impact do you envision your business having on the world once you’ve achieved your vision?
Next, craft your vision statement: what impact do you envision your business having on the world once you’ve achieved your vision? Phrase this impact as an assertion—begin the statement with “We will” and you’ll be off to a great start. Your vision statement, unlike your mission statement, can be longer than a single sentence, but try to keep it to three at most. The best vision statements are concise.
Finally, your company description should include both short- and long-term goals. Short-term goals, generally, should be achievable within the next year, while one to five years is a good window for long-term goals. Make sure all your goals are SMART: specific, measurable, attainable, realistic, and time-bound.
3. Perform a market analysis
No matter what type of business you start, it’s no exaggeration to say your market can make or break it. Choose the right market for your products—one with plenty of customers who understand and need your product—and you’ll have a head start on success. If you choose the wrong market, or the right market at the wrong time, you may find yourself struggling for each sale.
Market analysis is a key section of your business plan, whether or not you ever intend for anyone else to read it.
This is why market research and analysis is a key section of your business plan, whether or not you ever intend for anyone else to read it. It should include an overview of how big you estimate the market is for your products, an analysis of your business’s position in the market, and an overview of the competitive landscape. Thorough research supporting your conclusions is important both to persuade investors and to validate your own assumptions as you work through your plan.
How big is your potential market?
The potential market is an estimate of how many people need your product. While it’s exciting to imagine sky-high sales figures, you’ll want to use as much relevant independent data as possible to validate your estimated potential market.
Since this can be a daunting process, here are some general tips to help you begin your research:
Understand your ideal customer profile. If you’re targeting millennial consumers in the US, you first can look for government data about the size of that group. You also could look at projected changes to the number of people in your target age range over the next few years.
Research relevant industry trends and trajectory. If your product serves retirees, try to find data about how many people will be retiring in the next five years, as well as any information you can find about consumption patterns among that group. If you’re selling fitness equipment, you could look at trends in gym memberships and overall health and fitness among your target audience or the population at large. Finally, look for information on whether your general industry is projected to grow or decline over the next few years.
Make informed guesses. You’ll never have perfect, complete information about the size of your total addressable market. Your goal is to base your estimates on as many verifiable data points as necessary for a confident guess.
Some sources to consult for market data include government statistics offices, industry associations, academic research, and respected news outlets covering your industry.
SWOT analysis
A SWOT analysis looks at your strengths, weaknesses, opportunities, and threats. What are the best things about your company? What are you not so good at? What market or industry shifts can you take advantage of and turn into opportunities? Are there external factors threatening your ability to succeed?
These breakdowns often are presented as a grid, with bullet points in each section breaking down the most relevant information—so you can probably skip writing full paragraphs here. Strengths and weaknesses—both internal company factors—are listed first, with opportunities and threats following in the next row. With this visual presentation, your reader can quickly see the factors that may impact your business and determine your competitive advantage in the market.
Here’s an example:
SWOT analysis
Example of SWOT analysis for a business plan

Instructions for Capturing your Curiosity Report
Background
Entrepreneurs see customer needs that other ignore and identify innovative solutions
before others see the value. Therefore, curiosity and marketplace awareness are critical to
entrepreneurial success.
16% of your course grade is allocated to this assessment, with 8% for each weekly
submission.
Instructions
The personal project runs for weeks 4 and 7. For each of these weeks you need to: Write
a short report (max. 1,000 words) based on the following
Themes:
o A1:– An inventor (in the 20th Century) that changed the world
o Create a new document for each submission
o Update the heading “Week X” to the correct week (e.g. Week 4 or 7)
o Provide a brief
introduction (in your own words)
o Provide the details of your research (in your own
words)
o Explain why this made you curious/interested (in your own words)
o Provide
a list of references (min. of 4 references per paper)
Upload your document to the assignment Turnitin link on Moodle
Name your file using the following convention:
MCR010 Week X StudentID FirstName.docx
The Turnitin link closes on:
o Quality and insights are more important than quantity – you can only do this if you read
and understand the articles
o No. of words: 1,000 words (max.)

What you see and hear is filtered through who you are. Each person has a different perspective. Your perspective can be influenced by the physical environment: where you are standing, the weather, or the time of day. It can also be influenced by one’s mood, by cultural filters, or by past experiences. When you understand what you think and feel and even see and hear is impacted by human experiences, you begin to understand how difficult it is to arrive at pure fact. Technology has an opportunity to impact human ways of knowing, thinking, and expressing.
In this Discussion you will experience the same story in multiple formats: the written word, the spoken word, and video. When you engage with the same material in different formats does this change your experience or understanding of the text?
resources
Be sure to review the Learning Resources before completing this activity.
Click the weekly resources link to access the resources (opens in a new tab).
WEEKLY RESOURCES
To prepare:
Review Saki’s The Open Window (written, audio, and video).
Think about your reaction to the different forms of the story and what it might mean for you as a learner.
Consider how humans use their perspective to understand new experiences by imagining the details of a story.
by day 3
Post a response to the following prompts (at least 200-300 words);
Consider the imagery you created in your mind as you interacted with the written version of The Open Window.  Describe this imagery and discuss whether it helped you understand the story. Did the imagery or imagined tone change when you listened to the audio?  How?
After watching the video, have you changed your mind about the stories or the characters? If so, describe the change and why you think this happened?
Since technology has made it easier to share visual versions of written works, does that impact our need to “see to believe” or influence how easily we understand material we have read but not seen?
Read two or more of your classmate’s postings from the Discussion question.
by day 5
Respond with a comment that asks for clarification or provides support for two or more of your classmates.
Return to this Discussion in a few days to read the responses to your initial posting. Note what you have learned and/or any insights you have gained as a result of the comments your classmates made.
Remember to return to the classroom in a few days, to check the Grade Center for Instructor comments and your grade.

Hide Assignment Information
Instructions
For your final assignment, submit all the pieces of the business plan you have been working on throughout this course. Be sure you have carefully reviewed your instructor’s feedback from each assignment and made the necessary changes for your final submission.
Follow the outline provided for the correct formatting of your plan.
Business Plan OutlineThe business planning process usually involves the following steps, and as you can see, these steps have been addressed in the previous weeks:
Identifying a need that the nonprofit is positioned to address
Assessing risk and need for the project
Researching the market and investigating the resources needed to provide the service
Clarifying and defining the strategies and processes needed for implementation
Identifying the timelines, resources, and staffing needs needed to accomplish the project
Determining ways to evaluate project success
Items to include in your Business Plan Outline:Table of Contents
Executive SummaryWhile appearing first, this section is written last. It summarizes the key elements of the entire business plan and is the first thing anyone looking at your business plan reads so it’s critical that your executive summary is clear and concise.
Project Summary – short paragraph addressing:The problem
The solution
Why the nonprofit is willing and able to address this problem
How Christian values and beliefs will influence the solution
Market and Organizational Analysis – Refer to Session 2An examination of the primary target market for your project or program including geographic location, demographics, your target market’s needs, and how these needs are being or not being met.
An examination of the nonprofit’s abilities to meet this need, why it is uniquely qualified to meet this need, its strengths, opportunities, experience, and ability to accomplish this.
Your purpose here is to show you have a thorough knowledge of the need you are planning to address and the nonprofit’s capabilities to accomplish it.
Partner/Competitor AnalysisWho is already addressing this need?
Can you potentially partner with other nonprofits, NGOs, government organizations?
What are the advantages and disadvantages of a potential partnership?
Project Plan – Refer to Session 3A detailed explanation of your logical framework – Goals, Outcomes, Outputs, and Activities.
This is where you describe how you are going to plan the project to meet the need.
Schedule – Refer to Session 4Projected timeframe needed for the project
How any potential roadblocks are addressed
Resources – Refer to Session 4Staffing
Resources
Training
Financial Plan -What resources will be needed to accomplish this goal?
Materials, sites, staffing (volunteers and paid staff)
A good proposal should address possible funding concerns. To increase opportunities to successfully fund the program, discuss responses for likely funding concerns.
Your outline must be formatted according to APA standards and include in-text citations along with a reference page.

Hide Assignment Information
Instructions
For your final assignment, submit all the pieces of the business plan you have been working on throughout this course. Be sure you have carefully reviewed your instructor’s feedback from each assignment and made the necessary changes for your final submission.
Follow the outline provided for the correct formatting of your plan.
Business Plan OutlineThe business planning process usually involves the following steps, and as you can see, these steps have been addressed in the previous weeks:
Identifying a need that the nonprofit is positioned to address
Assessing risk and need for the project
Researching the market and investigating the resources needed to provide the service
Clarifying and defining the strategies and processes needed for implementation
Identifying the timelines, resources, and staffing needs needed to accomplish the project
Determining ways to evaluate project success
Items to include in your Business Plan Outline:Table of Contents
Executive SummaryWhile appearing first, this section is written last. It summarizes the key elements of the entire business plan and is the first thing anyone looking at your business plan reads so it’s critical that your executive summary is clear and concise.
Project Summary – short paragraph addressing:The problem
The solution
Why the nonprofit is willing and able to address this problem
How Christian values and beliefs will influence the solution
Market and Organizational Analysis – Refer to Session 2An examination of the primary target market for your project or program including geographic location, demographics, your target market’s needs, and how these needs are being or not being met.
An examination of the nonprofit’s abilities to meet this need, why it is uniquely qualified to meet this need, its strengths, opportunities, experience, and ability to accomplish this.
Your purpose here is to show you have a thorough knowledge of the need you are planning to address and the nonprofit’s capabilities to accomplish it.
Partner/Competitor AnalysisWho is already addressing this need?
Can you potentially partner with other nonprofits, NGOs, government organizations?
What are the advantages and disadvantages of a potential partnership?
Project Plan – Refer to Session 3A detailed explanation of your logical framework – Goals, Outcomes, Outputs, and Activities.
This is where you describe how you are going to plan the project to meet the need.
Schedule – Refer to Session 4Projected timeframe needed for the project
How any potential roadblocks are addressed
Resources – Refer to Session 4Staffing
Resources
Training
Financial Plan -What resources will be needed to accomplish this goal?
Materials, sites, staffing (volunteers and paid staff)
A good proposal should address possible funding concerns. To increase opportunities to successfully fund the program, discuss responses for likely funding concerns.
Your outline must be formatted according to APA standards and include in-text citations along with a reference page.

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Instructions
One of the goals of Colorado Christian University is to incorporate a biblical worldview and scriptural principles into each subject area and challenges students to apply these principles as Christian professionals in their field. It is our hope that your time as a student helped develop a pattern of spiritual discipline and nurture in your academic, professional, and personal life.
In two- to three-pages, reflect on your academic educational experience at CCU, paying close attention to how your experience at a Christian university impacted your personal life, professional practice, and how it will impact society at large. Things to consider might be changed perspectives, new habits, or a completely different understanding of your life in Christ.
As this is a reflection paper, first person is acceptable. The paper must be written in APA format including a cover page and reference page, and incorporate specific examples from your personal life, course resources, biblical principles, and Scripture.

Overview
In the highly competitive automotive market, it is critical to keep up with current technology to stay in or get ahead in the marketplace. To remain competitive, companies must innovate and integrate new technologies within their product lines and services.
Scenario
You work as a middle manager for one of the top U.S. producers of luxury and mass-market automobiles and trucks.
The chief technology officer (CTO) of the company from the course scenario has been monitoring new technology developments that the company could integrate into its vehicles to enhance the usefulness of and improve access to the data acquired by the many digital sensors integrated into vehicle subsystems over the past 20 to 30 years. The technology trend of particular interest is the internet of things (IoT)—the interconnection of embedded devices, such as sensors and computers, over the internet. By taking advantage of this trend, the CTO believes the company can seize an opportunity to provide better service and predictive maintenance to its customers, improving customer satisfaction and adding additional revenue streams.
Based on briefings by the CTO and your Module One memo, senior management has decided to implement IoT into its product line. Your CTO has asked you to lead a cross-functional team to take this initiative forward. Your first task is to create a presentation that will include your recommendation for how the company should approach this business problem: should you use incremental or discontinuous innovation?
Specifically, should the company:
Design a completely new product line, based on the new technology (discontinuous innovation)
or
Add new technology features first into one model and then incrementally into the broader product line (incremental innovation)
The recommendation you and your team will make is an important first step in pursuing this new technology. Your presentation and recommendations will be reviewed by senior management. Until senior management approves your approach to this innovation, your cross-functional team will not have a budget and will not be able to start work on the innovation. You should utilize your work from the Module Two presentation and data analysis when making and justifying your recommendation in this first milestone. In Milestone Two, you will subsequently develop a go-to-market strategy. For your project in Module Nine, you will compile your work from Milestones One and Two, and include a proposed organizational structure to best integrate, produce, and market the new technology.
Prompt
Create a PowerPoint presentation to make a recommendation for how the company should pursue the IoT technology to remain competitive: either by discontinuous or incremental innovation. To make your recommendation, you will need to identify how the evolving IoT (sensor) technology fits into the company’s products and services and determine potential risks and benefits. You will also need to look at your competitors to see what they are doing. Finally, you need to analyze the company’s capability (resources) for pursuing the innovation. Use the information and data from the CTO Brief, Comparative Growth Data, Comparative Operating Statistics, and Comparative Product Plans to complete this milestone.
Explain potential risks and benefits for options A and B.Overview (1 slide): Present the business problem and options A and B.
Option A (1–2 slides): Explain at least two potential risks and benefits for option A.
Option B (1–2 slides): Explain at least two potential risks and benefits for option B.
Compare your competition’s products and services.Competitors (3–4 slides): Evaluate the competitors’ current products and services.What are your competitors’ current products and services?
Are your competitors expanding in the current market? Explain how this impacts their market strength.
Analyze your company’s capability to pursue innovation.Complete a partial gap analysis (2 slides):Does your company own the technology, or does it need to be purchased?
How is the technology currently being used in today’s products and services?
What type of technology is available to purchase?
Recommend the innovation approach your company should pursue.Innovation approach (2 slides): Explain which innovation approach you are recommending and why.Consider the different stakeholders—research and development (R&D), marketing, and finance—when communicating your recommendations.Include a description of the incremental or discontinuous product that you are recommending for R&D.
Include the sales forecasts for marketing.
Include a financial snapshot for finance.
What to Submit
Submit a 10- to 13-slide PowerPoint presentation OUTLINE in a word doc. If you include references, they should be cited according to APA style. Consult the Shapiro Library APA Style Guide for more information on citations. I’ve included all the documents you need for this assignment are hyperlinked.