BUSINESS PLAN PROJECT- PART 1-EXECUTIVE SUMMARY EDUCATION FOR CAREERS- PERIODS 3 AND 4

PARTS OF A BUSINESS PLAN 1.BUSINESS IDEA 2.OPPORTUNITY AND MARKET ANALYSIS 3.FINACIAL STRATGIES 4.ORGANZIATIONAL STRUCTURES 5.LEGAL STRUCTURES 6.BUSINESS MANAGEMENT 7.PLAN FOR GROWTH

PART 1: BUSINESS IDEA 1.WHAT TYPE OF BUSINESS DO YOU WANT TO CREATE 2.YOU ARE IN A PARTNERSHIP-GROUPS OF 3: ALL GROUPS HAVE BEEN ESTABLISHED! 3.WILL YOUR GROUP SELL A PRODUCT AND/ OR RENDER A SERVICE(I.E BARBERSHOP) 4.AN EXECUTIVE SUMMARY SHOULD BE COMPLETED

PART 1-SECTION 2 EXECUTIVE SUMMARY

AN EXECUTIVE SUMMARY IS A TWO-PAGE DESCRIPTION OF YOUR BUSINESS PLAN PARTS OF THE EXECUTIVE SUMMARY MISSION STATEMENT(EXPLANATION OF THE PURPOSE OF YOUR BUSINESS BUSINESS NAME AND LOCATION DATE THE BUSINESS WILL BEGIN OWNERS’ NAME, FUNCTION AND CONTATCT INFORMATION OPPORTUNITY PRODUCTS OR SERVICES TARGET MARKET FUTURE PLANS

MISSION STATEMENT THE EXPLANATION OF THE PURPOSE OF YOUR BUSINESS WHY SHOULD YOUR BUSINESS BE IN EXISTENCE? HOW WOULD YOUR BUSINESS HELP THE COMMUNITY? YOUR MISSION SHOULD BE ONE PARAGRAPH LONG(3-5 SENTENCES

BUSINESS NAME AND LOCATION YOUR GROUP MUST COME UP WITH THE NAME OF YOUR BUSINESS WHERE DO YOU WANT YOUR BUSINESS TO BE LOCATED IT DOES NOT HAVE TO BE IN NEW ORLEANS; IT CAN BE ANYWHERE THAT YOU WANT IT TO BE. MAKE SURE THAT YOUR GROUP COMPLETE A GEOGRAPHICAL RESEARCH OF THE LOCATION. FOR EXAMPLE, PUTTING A EXPENSIVE BOUTIQUE SHOP ON THE CORNER OF CLEVELAND AND BROAD. ASK YOURSELF, “IS THIS A GREAT LOCATION FOR MY BUSINESSS?” WILL I MAKE A PROFIT(MONEY) IN THIS LOCATION??

OWNERS’ NAME, FUNCTION, CONTACT INFORMATION NAME OF POSITIONS 1.CHIEF EXECUTIVE OFFICER-Chief Executive Officer - CEO  This is the senior manager who is responsible for overseeing the activities of an entire company.  The CEO usually also holds a position on the board of directors, or also holds the title of president. 2.CHIEF FINANCIAL OFFICER-CFO This is the senior manager who is responsible for overseeing the financial activities of an entire company. This includes signing checks, monitoring cash flow, and financial planning. The CFO is similar to a treasurer or controller. 3.CHIEF OPERATING OFFICER-COO/CHIEF TECHNICAL OFFICER-CTO  Chief Operating Officer - COO  The senior manager who is responsible for managing the company's day-to-day operations and reporting them to the chief executive officer (CEO).  A company needs a chief operating officer (COO) because the CEO is usually too busy to monitor production quotas and other factors on a daily basis.  A chief technical officer or chief technology officer is a business executive position whose holder is focused on technical issues in a company. It emerged in the United States in the 1980s as a business-focused extension of the position of Director of R&D.

OPPORTUNITY WHAT TYPE OF BUSINESS OPPORTUNITY WILL YOUR GROUP TAKE ADVANTAGE OF: START A NEW BUSINESS BUY A BUSINESS THAT ALREADY EXISTS BUY A FRANCHISE(NOT AN OPTION) INVENT SOMETHING NEW

PRODUCT OR SERVICE WILL YOUR GROUP SELL A PRODUCT WILL YOUR GROUP RENDER A SERVICE WILL YOUR GROUP DO BOTH(I.E.-NAIL SALON: RENDER NAIL AND FOOT SERVICES AND SELL NAIL POLISH, ETC)

FUTURE PLANS 1.WHAT IS YOUR VISION FOR YOUR BUSINESS? 2.WHAT GOALS DO YOU PLAN TO ACCOMPLISH IN FIVE YEARS? 3.WHAT GOALS DO YOU PLAN TO ACCOMPLISH WITHIN THE NEXT THREE YEARS? 4.WHAT ARE YOUR LONG-TERM GOALS 5.PLEASE BE DETAILED… REMEMBER, PEOP WANT TO INVEST IN YOUR COMPANY. THEY WANT TO KNOW ALL DETAILS BEFORE PLACING THEIR MONEY IN YOUR BUSINESS!!!!

QUESTIONS PLEASE OR CONNECTED TO MY CELL. PLEASE DO NOT ME DOING INSTRUCTIONAL