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below are the pieces of information that you will need to include in your business plan . Use Google slides to create your presentation.you should
below are the pieces of information that you will need to include in your business plan . Use Google slides to create your presentation.you should at least have one life per bulleted item below .
- choose a name for your business
- decide what type of business to create (sole proprietorship, partnership, corporation)and explain why
- decide if your business will be for profit or not profit and explain why
- choose a main product/service (this must be school appropriate) to sell and explain why
- list what raw materials you will need to buy for your business-remember to list everything,not just a couple of materials
- decide how many workers you will need to hire (managers ,salespeople,production,etc)
- create a monthly budget for your business (rent, inventory ,advertising,wages and other costs
- decide on a price for your product/service and explain how you choose this price .
- design an advertisement for your main product-this could be a picture
- make a list of possible competitors and decide what kind of market structure (pertext competition, monopolist competition,oligopoly ,monopoly) you will be participating in and how you determined this .
- determine if you will be participating in price or non-price competition and explain why
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