Assignment 3 Part 2 Business Plan Draft Due Week 8 And Worth ✓ Solved

Assignment 3 Part 2 Business Plan Draftdue Week 8 And Worth 30 Poi

This assignment involves submitting a draft of your business plan along with an income statement containing your business financials. The business plan should be approximately 15-20 pages, revised based on previous feedback, covering company description, industry analysis, strategic position, target market, competition, marketing and sales strategies, an ethics and social responsibility plan, and other relevant sections. The ethics and social responsibility plan should address how your company acts as a good corporate citizen, its environmental impact, health considerations related to your product, and targeting appropriate market segments.

The financials component requires revising and submitting the income statement, cash flow projections, and balance sheet for your startup’s first year, using the provided MS Excel template. You should include considerations for funding sources, potential investors, and strategic planning techniques used to achieve business goals.

Sample Paper For Above instruction

Assignment 3 Part 2 Business Plan Draftdue Week 8 And Worth 30 Poi

This comprehensive assignment requires developing both a detailed business plan draft and accompanying financial statements for your startup company. The main goal is to compile a thorough, persuasive plan that convinces investors of your venture's potential success and outlines your financial projections accurately. The project is divided into two critical components: a written business plan and an Excel-based financial template, both submitted separately.

Part 1: Business Plan Development

The written business plan should be approximately 15-20 pages in length, carefully revised based on feedback you previously received on sections such as the company description, industry analysis, strategic position and risk assessment, target market, competition, marketing plan, and sales strategy. This plan should also include an Ethics & Social Responsibility Plan, spanning about 3-5 pages, addressing how your company demonstrates good corporate citizenship. Key topics include:

• Job creation and fair employment practices
• Legal compliance in all operational jurisdictions
• Diversity and non-discrimination policies
• Social or environmental goals, especially if your venture is social in nature

Additionally, evaluate how your company’s activities influence the environment, addressing issues like packaging, waste disposal, water usage, and resource management. Clarify how your product's health implications are managed, outlining strategies to promote positive health claims and mitigate negatives, especially regarding vulnerable groups such as children or pregnant women.

The plan must follow formatting standards: double-spaced text, Times New Roman font size 12, one-inch margins, APA or school-specific citations, and include a cover page with title, your name, course information, and date. Remember to cite credible resources used for research.

Part 2: Financial Projections

Alongside the written plan, you will prepare financial statements for your startup’s first year using the provided MS Excel template. This includes revising and submitting your Income Statement, Cash Flow Projections, and Balance Sheet. These figures should reflect realistic operational costs, capital needs, and revenue expectations, all aligned with your business strategy and marketing plans. You should consider funding avenues such as personal investments, outside investors, crowdfunding, or venture capital, and present a strategy for securing necessary capital.

Connect your financial data with your strategic planning, demonstrating how your operations will support scalability and profitability. Use this financial draft to show potential investors that your business has a solid economic foundation and growth potential.

Additional considerations

Your submission should incorporate strategic planning techniques, emphasizing how you will implement your strategies, manage change, and monitor your progress. Use credible sources including peer-reviewed journals, textbooks, and industry reports to support your claims and calculations. Properly format all content following APA guidelines, and include an APA-formatted reference list at the end.

Ensure your final documentation demonstrates clarity, logical flow, and professionalism—traits that increase your chances of convincing an investor of your business’s viability.

References

• Deming, W. E. (1986). Out of the Crisis. MIT Press.
• Evans, J. R., & Lindsay, W. M. (2014). Managing for Quality and Performance Excellence. Cengage Learning.
• ISO. (2015). ISO 9001:2015 Quality Management Systems — Requirements. International Organization for Standardization.
• Mourtzis, D., et al. (2019). Industry 4.0 and beyond: Opportunities and challenges. Procedia Manufacturing.
• Sroufe, R. (2017). Toward a Framework for Integrating Sustainability into the Supply Chain Strategy. Journal of Supply Chain Management.
• Shah, R., & Ward, P. T. (2003). Lean Manufacturing: Context, Practice Bundles, and Performance. Journal of Operations Management.
• Womack, J. P., & Jones, D. T. (2003). Lean Thinking. Free Press.
• Yin, R. K. (2018). Case Study Research and Applications. Sage Publications.
• Zairul, M. R. (2016). Strategic Management. Pearson.
• Zeithaml, V. A., et al. (2018). Marketing Management. McGraw-Hill Education.