• Choose your business and plan from the following site: http://www.bplans.com/sp/businessplans.cfm . Clearly label which business type and name you are using.
• Review your textbook and the Small Business Administration site: https://www.sba.gov/business-guide/plan-your-business/write-your-business-plan
• Before you begin writing your business plan, consider the four core questions:
- What service or product does your business provide and what needs does it fill?
- Who are the potential customers for your product or service and why will they purchase it from you?
- How will you reach your potential customers?
- Where will you get the financial resources to start your business?
Sample Solution