Create The Final Business Plan And Financials For Your Compa

Create the Final Business Plan and Financials for Your Company

Overview

At this point in the course, you have completed all the necessary sections of your business plan. Your task in this assignment is to create the final version of your plan. You will include all the previous assignments you have been working on and attach the financials. The key to this assignment is to use the feedback you have received throughout the course to polish your plan to the point that you could confidently show it to investors and potential partners or customers. One new piece you will be including is a 1-2 page executive summary.

This assignment consists of two parts: your final business plan (an MS Word document) and your final business plan financials (using the Business Plan Financials Excel Template). Download the required templates and sample summaries via the provided links. You must attach both documents as separate files in the submission area and then click Submit.

Your company, whether a startup of your choosing or based on the snack food company scenario, will operate within a 100-mile radius from your home address, with the goal to reach $1 million in sales by the end of the second year. Follow the specific guidelines for either the snack food company or your chosen company.

Part 1: Business Plan—Final Preparation

The executive summary is a critical aspect of this assignment. Your ability to condense and highlight critical information about your company to investors will determine whether they decide to invest or not. Refer to Chapter 4, "The Executive Summary," pages 53-66, for detailed guidance, and consider using the plan preparation forms and sample plans provided.

Construct a comprehensive 10-20 page business plan in MS Word that includes a 1-2 page executive summary highlighting key aspects of each section. Incorporate feedback from previous assignments to ensure your plan is complete and compelling. The plan should revise and combine the following components:

  • Week 3 Assignment: Company Overview and SWOT Matrix (include all headings)
  • Week 5 Assignment: Marketing Plan and Budget (include all headings; budget addressed in Section 2)
  • Week 8 Assignments: Operations, Technology, Management and Organization, Social Responsibility Plan (with financials; all headings; financial info from discussions)

Ensure your formatting follows Strayer Writing Standards (SWS): typed, double-spaced, Times New Roman, size 12 font, one-inch margins, with clearly labeled headings. Include a cover page with your assignment title, name, professor’s name, course, and date. Also, include a source list page with properly formatted citations that correspond to in-text citations. There is no minimum number of sources required.

Part 2: Business Plan Financials—Final

Using the Business Plan Financials Excel Template, revise and complete your financial projections for the first two years based on previous feedback. Refer to the provided guidelines for detailed instructions. Focus on ensuring all financial data accurately supports your business plan, highlighting projected revenues, expenses, cash flow, and profitability. Incorporate insights and corrections advised in Weeks 7 and 8 discussions regarding financial planning.

Learning Outcomes

This assignment aims to enable you to construct a complete business plan with an executive summary that justifies your business concept, management structure, market need, competitive advantages, and financial projections.

References

  • Scarborough, N. M., & Cornwall, J. R. (2019). _Strategic Management and Business Policy (13th ed.)_. Pearson.
  • Williamson, I. O., & Oliver, C. (2000). "Market orientation and business performance: An integration of internal and external factors." Journal of Business Research, 45(2), 123-135.
  • Osterwalder, A., & Pigneur, Y. (2010). Business Model Generation: A Handbook for Visionaries, Game Changers, and Challengers. John Wiley & Sons.
  • Hoeffler, S., & Keller, K. L. (2002). "Building Brand Equity." In Strategic Brand Management (pp. 78–89). Prentice Hall.
  • Richards, R. (2021). "Financial Planning for Startups." Small Business Economics Journal, 56(3), 245–263.
  • Brigham, E. F., & Ehrhardt, M. C. (2016). Financial Management: Theory & Practice (15th ed.). Cengage Learning.
  • Resnick, M., & Stern, S. (2006). Innovation and its Enemies: Why People Resist New Technologies. Princeton University Press.
  • Johnson, G., Scholes, K., & Whittington, R. (2017). Exploring Corporate Strategy (11th ed.). Pearson.
  • Porter, M. E. (2008). "The Five Competitive Forces That Shape Strategy." Harvard Business Review, 86(1), 78-93.
  • Taneja, H., U. (2020). "Developing an Effective Marketing Plan." International Journal of Marketing Strategies, 8(2), 100-112.

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