Author Question: How do you come up with a business plan for entrepreneurship? (Read 925 times)

Melanie

  • Full Member
  • ***
  • Posts: 204
Homework help please?



Hawke

  • Hero Member
  • *****
  • Posts: 679
When you decide what type of business you want to plan, you go out and get information about how to run that business, set it up, organize, sell the product, make the product or purchase it,  budget and finance the business and many important legal aspects llike patents, trademarks, copyrights, and business structure.


To develop your business plan you need to make decisions like:

Formal Planning Requirements;
Business Purpose/Mission Statement
Business Name and Licensing Requirements
Business Setup  statement as to type of business structure
APPENDIX: including Articles of Incorporation, or S-Corp, or  LLC Agreement, attorney and CPA determinations, filing of Fictitious Name, and EIN (Tax Number)
Principals (Owners,Investors) and Resumes
Marketing and Demographics
Staffing or organizational plan
Financial Plan including Financing Arrangments
Various Schedules And Graphs demonstrating payback, marketshare, strategic plan etc.

A lot of good info is found at the small business administration links below



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Once thought to have neurofibromatosis, Joseph Merrick (also known as "the elephant man") is now, in retrospect, thought by clinical experts to have had Proteus syndrome. This endocrine disease causes continued and abnormal growth of the bones, muscles, skin, and so on and can become completely debilitating with severe deformities occurring anywhere on the body.

Did you know?

In the United States, an estimated 50 million unnecessary antibiotics are prescribed for viral respiratory infections.

Did you know?

Stroke kills people from all ethnic backgrounds, but the people at highest risk for fatal strokes are: black men, black women, Asian men, white men, and white women.

Did you know?

The human body produces and destroys 15 million blood cells every second.

Did you know?

Over time, chronic hepatitis B virus and hepatitis C virus infections can progress to advanced liver disease, liver failure, and hepatocellular carcinoma. Unlike other forms, more than 80% of hepatitis C infections become chronic and lead to liver disease. When combined with hepatitis B, hepatitis C now accounts for 75% percent of all cases of liver disease around the world. Liver failure caused by hepatitis C is now leading cause of liver transplants in the United States.

For a complete list of videos, visit our video library