Create your nab company name and explain its significance

Assignment Help Business Management
Reference no: EM131018514

"Company Description"

Throughout this course, you will develop a series of written papers / projects that you will later combine into a complete business plan for a Non-Alcoholic Beverage company. For this discussion, you must first review the "NAB Company Portfolio". The mentioned portfolio contains the company parameters and details you must follow when developing your company. Provide the following information to set the foundation for your non-alcoholic beverage (NAB) business plan.

Please respond to the following:

Create your NAB company name and explain its significance.

Develop your company's Mission Statement and provide a rationale for its components.

NON-ALCOHOLIC BEVERAGE COMPANY PORTFOLIO

(The NAB Company Portfolio will have lists of things that the BUS599 students would be able to sort through to conduct a SWOT Analysis and to apply to appropriate sections of the NAB Business Plan. )

Note #1:

This is the compilation of Data, Notes, and Information that have been put together to create a Business Plan for a start-up company in the non-alcoholic beverage industry.

The goal of my business plan is twofold:

1. To help identify and outline all the issues I will need to address in starting this company.

2. To present to funders to help raise money to finance this company.

NAB Background:

Melinda Cates has been selling her NAB at County Fairs for the past 7 years for $2 a bottle. She sells an average of 10 Cardboard cartons each weekend a County Fair is open. From her calculations, it takes $.56 to make a bottle of NAB when she calculates all the NAB ingredients and the cost of the bottle and cap. Her rich uncle, Bill, just died and left her a small monetary inheritance. However, since he so enjoyed her home-made NAB, he also left her equipment to start a small NAB business.

Melinda and I have been close, trusted friends for years. She found out that I just earned my MBA from Strayer University, and she asked me to help her get her NAB business up and running.

I have agreed to put together a NAB Business Plan, and I have agreed to be the CEO/President of the company for at least the next five years.

NAB Today:

Parameters for New Company

Here are the parameters in which I must work.

- The business is a start-up: We are not yet in operation. We already have a "recipe" for a beverage, but we are not yet making sales at any significant level.

- Product: the only barrier is that it must be a non-alcoholic beverage (NAB). It is up to me to decide upon what type of non-alcoholic beverage I intend to make and market. It can be sold in individual sizes or wholesale.

- Market size. I will start marketing and selling the NAB in my geographical area within a 100 mile radius from my home address.

- Business size. I can grow the NAB business to any size in excess of one million dollars in revenue by year two. In other words, this cannot be intended to be a one- or two-person micro-business.

- I intend to raise money. I will be looking for funding, and I have already started with friends and family money. But at some point I will need funds from outside investors, either angels or venture capitalists, depending on how much I project I need to raise or receive from a group of individual investors on kickstarter.

- I intend to have employees and develop my own organizational hierarchy.

NON-ALCOHOLIC BEVERAGE COMPANY PORTFOLIO

- I do not need to raise money for my personal financial support for the first six months. In other words, I do not need to take a salary/draw for myself for six months of projections.

I am assuming I can live off my personal savings.

Reference no: EM131018514

Questions Cloud

Identifiy the scope or boundaries of the project : Identification of the scope or boundaries of the project. Project constraints, including finances, time, resources, and organizational policies or culture
Determine an optimal pricing scheme for a public good : Determine an optimal pricing scheme for a public good we need to have individuals reveal their preferences. In addition, we would need to know the
What is critical thinking and why think critically : The Value of Thinking Critically. What is Critical Thinking? Why Think Critically? The Best Possible
How has this affected your professional development : What challenges or unexpected opportunities have arisen at your practicum site? How has this affected your professional development? Think about the experiences you may have in the forthcoming weeks. Do you foresee any particular challenges on th..
Create your nab company name and explain its significance : Create your NAB company name and explain its significance. Develop your company's Mission Statement and provide a rationale for its components.
Draw a budget constraint on the graph : Draw a budget constraint on the graph below using the information: suppose the wage rate is $2/hour and that each individual has 24 hours that they can either work or engage in leisure.
What evidence is there to back up slann''s view : Slann points out that two prevailing traits of today's world are increasing interdependence in the global economy and increased strength of ethnic and religious forces.
How evaluate the patient based on medical history : Select one of the three case studies. Reflect on the way the patient presented in the case study you selected, including whether the patient might be presenting with dementia, delirium, or depression. Think about how you would further evaluate th..
Identify a group facilitator : Review the Peer Evaluation Form for important information on how this assignment is graded. Identify a group facilitator.

Reviews

Write a Review

Business Management Questions & Answers

  Small corporation that owns as well as operates consumer

Mel is the president of a small corporation that owns as well as operates consumer electronics stores in several states throughout the country

  Violation of criminal laws results in penalties

1. Criminal laws are a protection of society, and the violation of criminal laws results in penalties to the violator such as fines or imprisonment.

  Write a bad news memowrite a bad news memo to employees

write a bad news memowrite a bad news memo to employees explaining that all employees will have to take 6 unpaid

  Strategic leadership

Strategic leadership - Determine his performance against the leadership characteristics discussed in the text

  Horizontal and vertical analysis of the income statements

Horizontal and vertical analysis of the Income Statements for the past three years (all yearly balances set as a percentage of total revenues for that year). 2.Horizontal and vertical analysis of the Balance Sheets for the past three years (all y..

  Operations improvement plan

Based on the information you gathered in your process identification assignment in Unit 1, you selected a process to carry forward through the remainder of your Operations Improvement Plan (OIP) project. The process selected should lend itself to an ..

  Differentiated in a manner that creates efficiency

Describe the division of labor in your current or prior organization. Are the processes and allocation of resources differentiated in a manner that creates efficiency? What would you preserve or change?

  Prison comparison1 explain the prison where tookie williams

prison comparison1. explain the prison where tookie williams and rubin hurricane cater were incarcerated and the

  The notion of representational faithfulness?

Comment on the statement that materiality is in the eye of the beholder. How does this statement relate to the discussion in the chapter of how to gauge materiality in assessing financial statement restatements? Is materiality inconsistent with th..

  Explaining diversity umbrella

The diversity umbrella is supposed to include: men as well as women, everybody in an organization.

  Leading and assessing

How can an awareness of one's cognitive factors and biases help a leader improve his/her ability to take the right risks for the right reasons and to innovate the risks appropriately

  Sustainable business and waste management technologies

What criteria do you think are the most important in this prioritization of preference? Do you think this order of preference is correct and if not what would you change?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd