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1. Please download the Michael's Business Centre business plan accessible through this link: http://www.rbcrovalbank.com/business/startingabusiness/planning-your-business.html 2. Critically evaluate this business plan; specifically, examine: a. The structure

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1. Please download the "Michael's Business Centre" business plan accessible through this link: http://www.rbcrovalbank.com/business/startingabusiness/planning-your-business.html 2. Critically evaluate this business plan; specifically, examine: a. The structure - how does it compare to what you think the structure should be, based on this course and your own insights, research and judgement; what is strong about the current structure? What do you think can be improved? b. The content - how does the content compare to what you feel may be appropriate? What is strong? What could be enhanced? Is the content supported by sufficient research, documentation and references? B. Outline your Business Plan (60 marks) Your final project asks you to develop a business plan from scratch. Please develop an outline for your business plan. The situation: You have decided to explore the idea of opening your own pet food and supplies retail store. You have 10 years of retail management experience, a college diploma in business and a strong love for animals. You currently live in the Toronto area - but are willing to move. You are leaning towards serving the higher end of the market - but are not sure. You want to provide a good range of products, maybe focused more heavily on higher quality goods that cater to other pet lovers like you. At the same time, however, you know the value of a dollar and that everything seems very expensive. So you are a bit unclear on the specific direction you should take. You know that a great deal of research and analysis is needed to better understand the opportunity, formalize your mission/goals and shape your business, Your research wall also help inform how your business may grow. You also know that at the end of the bay, you may need to make very important assumptions - some of these at a very high level. Indeed, you know from your time as a student that the perfect set of relevant research may be unavailable or incomplete

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