Choose a franchise that interests you. Write a business plan for the franchise in your location (or location of your choice) that includes the following:

● Executive summary

● Introduction

● Management

● Marketing

● Financial projections

● Financial needs Be creative with your management and marketing ideas. You may not be familiar with creating financial projections, but do your best and simplify this step if necessary. The point of this assignment is to practice writing the plan. Work with your instructor to decide what is acceptable.

You can find possible franchises for this project by searching online for franchising opportunities. Most franchisors supply plenty of information about requirements to open a franchise.

You may want to consult several online articles about writing business plans. You can find many good resources. For example, consider the following article: Jeff Elgin, “Writing the Franchise Business Plan,” Entrepreneur, September 5, 2005, retrieved from www.entrepreneur.com/franchises/buyingafranchise/

franchisecolumnistjeffelgin/article79626.html.