Author Question: How do you come up with a business plan for entrepreneurship? (Read 1233 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?

A recent study has found that following a diet rich in berries may slow down the aging process of the brain. This diet apparently helps to keep dopamine levels much higher than are seen in normal individuals who do not eat berries as a regular part of their diet as they enter their later years.

Did you know?

The term pharmacology is derived from the Greek words pharmakon("claim, medicine, poison, or remedy") and logos ("study").

Did you know?

There are more nerve cells in one human brain than there are stars in the Milky Way.

Did you know?

Allergies play a major part in the health of children. The most prevalent childhood allergies are milk, egg, soy, wheat, peanuts, tree nuts, and seafood.

Did you know?

Vaccines prevent between 2.5 and 4 million deaths every year.

For a complete list of videos, visit our video library