Preparing a Business Plan for a Merchandising Entity. As you work through Part 2 of this book (Chapters 7-121, you will be examining in detail the current assets, current liabilities, and plant assets of a business. Most of the organizations that form the context for business activity in the remainder of the book are merchandising entities. Therefore, in a group or individually-as directed by your instructor-develop a plan for beginning and operating an audio/video store or other type of business. Develop your plan in as much detail as you can. Remember that the business manager who attends to the most details delivers the best product at the lowest price for customers!