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Business plan for a start up company 2023 Best

Business plan for a start up company

For the capstone project, you will create a business plan for a start up company using the scenarios provided below. In the business plan, you will need to demonstrate the integration and synthesis of competencies in all domains required for your degree program.

Business plan for a start up company

INTRODUCTION For the capstone project, you will create a business plan for a hypothetical start-up company using the scenarios provided below. In the business plan, you will need to demonstrate the integration and synthesis of competencies in all domains required for your degree program. SCENARIO Select the business plan scenario assigned to your degree program from the list below: Information Technology Management Majors: Develop a business plan for a start-up company that offers information technology (IT) products or services (e.g., IT consulting, software, computer repair, IT educational services, help desk, web development, etc.).

Business plan for a start up company

Marketing Management Majors: Develop a business plan for a start-up company that offers a marketing product or service (e.g., marketing consulting, digital media marketing, advertising company, public relations, market research, etc.). Management Majors: Develop a business plan for a start-up company that offers a product or service (e.g., landscaping, food services, cleaning company, pet care, consulting, etc.). Human Resource Management Majors: Develop a business plan for a start-up company that offers human resources products or services (e.g., training company, benefits consulting, human resources consulting, health and benefits programs, payroll, etc.). REQUIREMENTS Your submission must be your original work.

Business plan for a start up company

No more than a combined total of 30% of the submission and no more than a 10% match to any one individual source can be directly quoted or closely paraphrased from sources, even if cited correctly. The similarity report that is provided when you submit your task can be used as a guide. You must use the rubric to direct the creation of your submission because it provides detailed criteria that will be used to evaluate your work. Each requirement below may be evaluated by more than one rubric aspect. The rubric aspect titles may contain hyperlinks to relevant portions of the course.

Tasks may not be submitted as cloud links, such as links to Google Docs, Google Slides, OneDrive, etc., unless specified in the task requirements.

Business plan for a start up company

All other submissions must be file types that are uploaded and submitted as attachments (e.g., .docx, .pdf, .ppt). Create a business plan for your hypothetical start-up company in which you do the following: Note: You are required to utilize both the attached “Business Plan Template” and the attached “Financial Plan Template” in creating your business plan. If the attached WGU templates are not completed and submitted, your work will automatically be returned to you without being evaluated. These templates are located in the “Supporting Documents” section of the Capstone instructions .

Business plan for a start up company

A. Write an executive summary (suggested length of 1 page) in which you do the following: 1. Identify the company’s name and location. 2. Describe the mission of the company. 3. Discuss two business goals in support of the company’s mission. 4. Discuss three keys to success for the company. B. Write a company summary (suggested length of 2–4 pages) in which you do the following: 1. Describe the history of the industry in which the company will operate. 2. Identify the legal form that the company will take. 3. Describe the location and type of facilities needed for the company. 4. Describe the management structure, including key positions and specific responsibilities.

Business plan for a start up company

5. Describe the products and services offered by the company. C. Develop a market analysis (suggested length of 3–5 pages) in which you do the following: 1. Describe the target market for the company’s products and services, including the specific location, demographics, etc. 2. Complete an industry analysis for the company, including current trends and statistics. 3. Complete a four-square SWOT analysis for the company in which you do the following: a. Identify three strengths, three weaknesses, three opportunities, and three threats. b. Explain each of the identified strengths, weaknesses, opportunities, and threats.

Business plan for a start up company

D. Develop a market strategy (suggested length of 3–4 pages) in which you do the following: 1. Discuss each of the four Ps of marketing as they relate to the company’s products and services. 2. Develop a price list for the company’s products and services. 3. Develop a promotional strategy including specific tasks, target dates, and responsible parties. 4. Develop a monthly sales forecast for the first year of operations, including a discussion of expected market conditions. Note: The sales forecast will be used as the basis for your revenue in your financial statements. https://youtu.be/n6ecdYd8T6o

 

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