Minnie knows what to do, shes really working hard. She has gathered lots of information and is

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Minnie knows what to do, she’s really working hard. She has gathered lots of information and is ready to put together a classic business plan. Help her decide whether each of the following goes in the Company, Market, Organization, or Financials sections or the Appendices.

a. Middle-aged working women are her target customer.

b. Minnie will need about $50,000 to cover her initial costs.

c. Minnie plans to make custom designed cakes for every type of special occasion.

d. Several of her former customers have written testimonial letters.

e. She thinks that a sole proprietorship is the best option for her.

f. She’s really proud of her newly revised vision statement

g. She’s assuming that the economy will grow at approximately the same rate, that there will be no significant changes in her ingredient prices and that the local demographics will remain unchanged over the next five years.

h. Anthony was able to product three mock-up ads that she plans to use

i. She plans to be located at 2001 East College Street, which is in a popular strip shopping center at the edge of town.

j. Right now, the other bakeries in town do not offer custom designed cakes nor do they offer the full line of flavors that Minnie plans to offer.

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Related Book For  book-img-for-question

Entrepreneurial Small Business

ISBN: 978-1259573798

5th edition

Authors: Jerome Katz, Richard Green

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