Author Question: How do you come up with a business plan for entrepreneurship? (Read 959 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?

Aspirin is the most widely used drug in the world. It has even been recognized as such by the Guinness Book of World Records.

Did you know?

In 1844, Charles Goodyear obtained the first patent for a rubber condom.

Did you know?

If you could remove all of your skin, it would weigh up to 5 pounds.

Did you know?

People with alcoholism are at a much greater risk of malnutrition than are other people and usually exhibit low levels of most vitamins (especially folic acid). This is because alcohol often takes the place of 50% of their daily intake of calories, with little nutritional value contained in it.

Did you know?

There are actually 60 minerals, 16 vitamins, 12 essential amino acids, and three essential fatty acids that your body needs every day.

For a complete list of videos, visit our video library