Thursday, May 12, 2016

What should be in your Business Plan?

1. Name of Business and Business Owners
2. Logo and Slogan (you will tell us how they developed)
3. Target Market
4. How the business idea developed
5. Mission, Goal and Objectives.  Be specific with your goal such as make a certain amount of money, or donate a certain amount of money, etc..
6. SWOT Analysis of your business  (look at Shark Tank worksheet for details)
7. How was the business organized?  (who did what?  What did you have to do beforehand?)
8. Market Research:  What type was it?  If it was a survey, show us some questions, and some answers.  Tell us how the research affected your business decisions
9. Profit Details:  Cost of Goods Total, Cost of Goods per unit
10 Profit Details:  Net Profit and Gross Profit
11.  If you had to pay sales tax on your gross profit--7.5%--how much would that be?
12.  10%:  if you saved 10% in a bank account, what would that amount be?
13.  What percentage of net profit are you donating?  To what organization?  Tell us about it and why you chose it.