• Choose a business that you may want to own or interests you.
• State if it is a for-profit or not-for-profit.
• Choose at least three topics from the list below and discuss why you believe they are most important for your type of business plan.
• Choose at least one topic that is not listed below and discuss why you believe it would be necessary to include in your business plan.

Essential components of a business plan:

1. Executive Summary
2. Business Description
3. Product or Service
4. Mission and Vision Statements
5. Market Analysis
6. Organization and Management Team
7. S.W.O.T.
8. Marketing Techniques
9. Financial Summary
10. Economic Principles