Developing a business plan

Assignment Help Business Management

Reference no: EM13819555

Social Media Marketing Plan : name of Business: Aspen Social Media & Marketing

Developing a Business Plan

There is no successful business without a plan or strategy, whether a small, medium or large size organization. A business plan is important because it summarizes the entrepreneur's vision for the start-up business. No one is in a better position than you to write your business plan, to articulate the vision, mission, and strategy of your start-up. Regardless of the business size, entrepreneurs need a business plan to guide the achievement of the goals of the start-up. Although there is no hard-and-fast format for a business plan, your business plan must include the following components:

Executive summary
Objectives
Mission
Keys to success
Company summary
Company ownership/management
Company location and facility
Product or service description
Competitive comparison
Use of technology
Future services or products
Market analysis summary
Industry analysis
Marketing strategy: pricing, promotion (social media/mobile technology), distribution
Service or product support
Sales strategy
Financial Plan: projected profit and loss statement, balance sheet, cash flows, business ratios and benchmarks
References Page

Select a start-up business. Use the list of components above to structure a business plan to be delivered to a group of bankers or investors. Describe your start-up using the content above, and address each point.

The business plan is the single most significant factor in determining whether investors or bankers will be interested in your business. Be creative. Incorporate course material into your plan. Use tables, charts or graphs to help illustrate your points. Feel free to ask your instructor for clarification on any of the requirements of this Portfolio Project.

Reference no: EM13819555

Questions Cloud

Create an idea for a new reality television show : Create an idea for a new reality television show. What competitive advantage does this show have over existing shows? How many and which differences would you promote? What is your positioning statement for this television show?

Partnership perspective for managing human resources : Please explain the meaning of a “partnership perspective for managing human resources.” Is it realistic to expect organizations to be strategic in managing human resources? What organizational and individual barriers are likely to make it difficult ..

Areas of potential improvement for the organization : What types of information does each tool collect and what are the strengths and weaknesses of each tool for each area?

Based on information about food and beverages develop : PepsiCo faces fierce but different competitors in its snacks versus beverages segment as described in the Cohesion Case. The external opportunities and threats that PepsiCo faces are different in each segment, so each division prepares its own list o..

Developing a business plan : Social Media Marketing Plan : name of Business: Aspen Social Media & Marketing, Developing a Business Plan, There is no successful business without a plan or strategy, whether a small, medium or large size organization

Calculate the size of payments : If a freight-hauling firm estimates it will need a new forklift in six years. the estimated cost of the vehicle is $40,000. The company sets up a sinking fund that pays 8% compounded semi annually, into which it will make semi annual payments to achi..

Agencies in ensuring product safety and quality : How have the CPSC and the FDA affected you as a consumer? Give at least three specific examples. In your opinion, how effective are these agencies in ensuring product safety and quality?

Think market prices will increase : Farmers sometimes store their grain and wait to sell at a later date if they think market prices will increase. If they are accurate in their forecasts, this can be a profitable strategy. Let’s look at an example and determine the best course of acti..

Calculate both sides of markov and chebyshev inequalities : Calculate both sides of the Markov and Chebyshev inequalities as functions of x > 0 - Use the inverse transform method to simulate 100 realisations of X and plot on the same graph.

User Account

All Pages