Author Question: How do you come up with a business plan for entrepreneurship? (Read 1294 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?

Atropine, along with scopolamine and hyoscyamine, is found in the Datura stramonium plant, which gives hallucinogenic effects and is also known as locoweed.

Did you know?

Illicit drug use costs the United States approximately $181 billion every year.

Did you know?

Vampire bats have a natural anticoagulant in their saliva that permits continuous bleeding after they painlessly open a wound with their incisors. This capillary blood does not cause any significant blood loss to their victims.

Did you know?

Pink eye is a term that refers to conjunctivitis, which is inflammation of the thin, clear membrane (conjunctiva) over the white part of the eye (sclera). It may be triggered by a virus, bacteria, or foreign body in the eye. Antibiotic eye drops alleviate bacterial conjunctivitis, and antihistamine allergy pills or eye drops help control allergic conjunctivitis symptoms.

Did you know?

When Gabriel Fahrenheit invented the first mercury thermometer, he called "zero degrees" the lowest temperature he was able to attain with a mixture of ice and salt. For the upper point of his scale, he used 96°, which he measured as normal human body temperature (we know it to be 98.6° today because of more accurate thermometers).

For a complete list of videos, visit our video library