solution

Your Task. Working in teams, explore entrepreneurial ventures based on your experience and expertise. Conduct team meetings to decide on a product or service, develop a work plan, assign responsibilities, and create a schedule. Your goal is to write a business plan that will convince potential investors (sometimes your own management) that you have an excellent business idea and that you can pull it off. Check out sample business plans on the Web. The two “deliverables” from your project will be your written business plan and an oral presentation. Your written report should include a cover, transmittal document (letter or memo), title page, table of contents, executive summary, proposal (including introduction, body, and conclusion), appendix items, glossary (optional), and sources. In the body of the proposal, be sure to explain your mission and vision, the market, your marketing strategy, operations, and financials. Address your business plan to your instructor.*