Objective: Develop a Business Plan for a product that you choose. ( understand that it can be a physical product or a service)—Business selected 2/3 by 11:59PM
The following must be included in your Business plan:
1.-Product description, mission statement of your Business, short term and long term goals.-
2. Situation analysis ( examining the environment that you will be competing in. ) –
3.-SWOT analysis (Look inside the company for the strengths and weakness, and outside in the market for opportunities and threats.) –
3.-Target Market strategy ( use segmentation variables to describe the characteristics of your target market)–
4.-Marketing Mix (4 P’s) –
5.- Success Factors/Metrics ( How do you measure the success or failure of your Business plan; this to include an estimation of start up costs, break even point)-
6.- exit strategy- 4/28
7. presentation –done on Voice Thread
The completed submission, must be at least 8 pages THE HYBRID SECTION WILL HAND IN THE FINAL BUSINESS PLAN ON 5/5. THE VOICE THREAD MUST BE POSTED BY 5/5 AS WELL.
THE ON LINE SECTION WILL E-MAIL THE SUBMISSION BY 5/5 AND POST THE VOICE THREAD BY 5/5
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