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Answer the following questions related to the executive summary. Although this will be listed first in your business plan assignment, the last question should be
Answer the following questions related to the executive summary. Although this will be listed first in your business plan assignment, the last question should be created at the end of your assignment so you can accurately summarize the plan that you developed. 1. The owner ( 8 marks) Introduce the owner of the business. Describe what entrepreneurial abilities the owner(s) have/has. Explain the reasoning behind opening the business. What is the owner's role in the business? 2. Business structure (2 marks) - Name the business structure chosen to operate the business. - Why did you choose this ownership option? 3. Describe the name, nature, and location of your business. ( 4 marks) - Include the legal name of the business. - Include the type of business. - Include the location and the specific site of the business. 4. Mission statement ( 5 marks): create a mission statement that describes why the organization exists, what it does, and who it serves. A mission statement typically answers questions such as: What is the purpose of the business? What products or services does it provide? Who are its primary customers or target audience? What core values or principles guide its operations? 5. Vision statement ( 5 marks): create a vision statement that describes the future aspirations and long-term goals of the business. A vision statement typically addresses: What is the goal or desired outcome for the business? What is the vision for the future of the organization? How does the business envision its impact or contribution to society
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