Create a business plan for a business that offers a good or a service.

Create a business plan for a business that you create Create a business plan for a business that you create. You must include the following information in your business plan: A detailed description of the good(s) or service(s) you will be offering. A detailed description of why people need/want that good or service. A description of all the capital, human, and natural resources you will need to start and run your business. A description of incentives that you will offer your customers. Explain why you think those incentives would work. A description of how you will use specialization and division of labor to help you increase productivity.

4 3 2 1 Description of Good/Service Good/service is clearly described. Description also clearly describes why consumers want/need that good/service. Good/service is described. Description also includes why consumers want/need that good/service. Good/service is mention, but not described in detail. Business plan may or may not mention why consumers want/need that good/service. Good/service is not described and/or business plan does not mention why consumers want/need that good/service. Resources Business plan clearly describes all capital, human, and natural resources needed to start and run business. Business plan clearly describes some capital, human, and natural resources needed to start and run business. Business plan states some capital, human, and natural resources needed to start and run business. Business plan does not describe capital, human, and natural resources needed to start and run business. Incentives Business plan clearly describes incentives that will be offered to consumers. It also clearly explains why those incentives would work. Business plan describes incentives that will be offered to consumers. It also explains why those incentives would work. Business plan mentions incentives that will be offered to consumers or explains why those incentives would work. Business plan does not describe incentives or explains why incentives would work. Division of Labor Business plan includes a clear description of how specialization and division of labor will be used to help increase productivity. Business plan includes a description of how specialization and division of labor will be used to help increase productivity. Business plan includes a description of how specialization and division of labor will be used to help increase productivity. Some parts may be confusing. Business plan does not include a description of how specialization and division of labor will be used to help increase productivity.

By yourself… Create a business plan on Google Docs or a lined sheet of paper. You may want to review Chapter Two of “United States Studies” to help you include meaningful facts in your project. Think about how you are being graded on this performance task: A detailed description of the good(s) or service(s) you will be offering. A detailed description of why consumers need/want that good or service. A description of all the capital, human, and natural resources you will need to start and run your business. (page 58) A description of incentives that you will offer your consumers. Explain why you think those incentives would work. (pages 62 - 64) A description of how you will use specialization and division of labor to help you increase productivity. (pages 69 – 73) Turn in your final project to the in-box or share them with me when you are finished. Make sure to put your first and last name as well as date on it.