Business Management Assignment

Select a local small business that has been effected by the COVID-19 pandemic.

This small business either was forced to close or had to limit their services offered.

Prepare a business plan for the next 12 months to help this small business get back up and running at full capacity once again.

*This can be a group effort or individual. Groups should be limited to a maximum of 4 people and all group meetings should be help online. No public gatherings.

Business Plan Outline

There are many different Business Plan formats. The layout may vary depending on the type of the business, the purpose of the plan and the readership. The following format can be amended to meet the needs of your business.

1. Executive Summary

2. Company Profile

3. Marketing Plan

- Industry Trends

-Product/Service

- Target Market

- Competitive Analysis

- Marketing Mix (Promotion, Place, Price,Product)

4.Operational Plan

-Suppliers

- Manufacturing Plans

- Operating Requirements

-Human Resources

5. Financial Plan

• Start up Costs ( Re-Start up Costs)
• Cash Flow Statement

- Income Statement

• Balance Sheet

6. Conclusion