Develop a business plan for a start-up company that plans to sell a product or service in a local market, in a national market, or on the Intemet. Select
one of your favorite products as the basis for the company, or invent a product.
Create a business plan for your hypothetical start-up company in which you do the following:
A. Write an executive summary (suggested length of 1-2 pages) in which you do the following:
- Identify the company’s name and location.
- Describe the mission of the company.
- Discuss two business goals in support of the company’s mission.
- Discuss three keys to success for the company.
B. Write a company summary (suggested length of 4-6 pages) in which you do the following:
- Describe the history of the industry in which the company will operate.
Note: Cite data and examples from your organization to support your analysis.
- Identify the legal form that the company will take.
- Describe the location and type of facilities needed for the company.
- Describe the management structure, including key positions and specific responsibilities.
Sample Solution