2. CREATING A BUSINESS PLAN EDUCAITON FOR CAREERS PERIODS 3 AND 4

3. TYPES OF BUSINESS PLANS  QUICK SUMMARY  ORAL PRESENTATION  INVESTOR’S BUSINESS PLAN  OPERATIONAL BUSINESS PLAN

4. PURPOSE OF A BUSINESS PLAN  STATEMENT OF YOUR GOALS  REASONS YOU THINK THESE GOALS CAN BE MET  HOW YOU ARE GOING TO ACHIEVE THEM

5. BUSINESS PLAN: GETTING STARTED  Questions You should ask yourself  What type of business will I create?  What type of ownership will it have?

6. PARTS OF A BUSINESS PLAN  BUSINESS IDEA  OPPORTUNITY AND MARKET ANALYSIS  FINACIAL STRATGIES  ORGANZIATIONAL STRUCTURES  LEGAL STRUCTURES  BUSINESS MANAGEMENT  PLAN FOR GROWTH

7. TURNING AN OPPORTUNITY INTO A BUSINESS  Start a NEW BUSINESS  BUY a business that ALREADY exists  BUY A FRANCHISE***  INVEST Something NEW  ***CANNOT USE!

8. TODAY’S ACTIVITY  Before your group begin to create an executive summary,  please READ FINDING IDEAS ON PAGES 329-330  SAMPLE STUDENT BUSINESS PLAN PG. 483-495  BUSINESS MANAGEMENT ISSUES PG. 469-482  BY THE END THE OF THE CLASS PERIOD, AN EMAIL SHOULD BE SEND TO MS. BANKS WITH THE FOLLOWING INFORMATION:  THE FIRST SIX ITEMS ON SLIDE 7:  THIS IS WORTH 12O POINTS PER MEMBER OF THE GROUP.

9. TODAY’S ACTIVITY  YOU WILL GET INTO GROUPS OF 3  YOUR GROUP WILL ANSWER THE TWO QUESTIONS ON SLIDE 4  You will begin working on your Executive Summary  Mission Statement  Business Name and Location  Date Business will begin  Owner’s Name, Function and contact information  Type of product or service  Target Market  The economics of one unit-Calculation of the profit or loss for each unit of sale the business will make**  Future plans