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You will submit a well-articulated mini business plan. The Mini Business Plan must be uploaded to D2L by the deadline listed in the course schedule. This Mini Business Plan has to be new. It cannot be a project from another class. If a Business Plan from a previous class or an existing business of yours is submitted, you will earn zero points. In addition, if you miss the deadline it will result in an automatic zero. **NOTE: The business plan must be submitted as a word document typed in Times New Roman, 12 point font size, double-spaced, and 1 inch margins on top/bottom/sides of page. The business plan must be at least three (3) pages but no more than five (5) pages NOT including cover page and reference pages. Points will be deducted for not adhering to formatting guidelines and page restrictions. Cover page should include your name. File name should be your last name underscore first initial (e.g., Vincent_V).

Date Posted: 04/11/2020
Category: Business
Due Date: 07/11/2020
Instruction
Required components of the Mini Business Plan (use separate headings and subheadings for each section): Identify the new business idea you plan to pursue and explain the problem that you intend to solve for customers with your business idea. The business must be legal. SWOT (Strengths, Weaknesses, Opportunities, Threats) Analysis: This is where you conduct an outside-in and inside-out analysis as explained in Chapter 3 of the course text book. The outside-in analysis should identify the opportunities and threats in the external environment while the inside-out analysis should identify the internal strengths and weaknesses of the new business. The strategy that will be developed to solve the problem: Strategy options include differentiation-based strategy, cost-based strategy, and focus-based strategy (as explained in Chapter 3). Note what strategy you select and explain WHY. The business model: Explain in a systematic and clear way how your business will generate profits and cash flows) (see Chapter 6 for an explanation of a business model) Milestones to be met in the first year. Tasks and responsibilities of the entrepreneur or entrepreneurial team. ****The Mini Business will be a photography business called, SolanEX Photography LLC
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    Elitetutor | Nov 04, 2020, 22:05 PM
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  • Hello can I get an extension for this assignment?
    Elitetutor | Nov 07, 2020, 18:20 PM
  • Hello I can only give you an extension for Sunday November 8th at 12:00p.m. Eastern Standard time.
    User_29999 | Nov 07, 2020, 18:23 PM
  • How many hours from now?
    Elitetutor | Nov 07, 2020, 18:24 PM
  • 19 hours from now
    User_29999 | Nov 07, 2020, 18:30 PM
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    Elitetutor | Nov 07, 2020, 18:47 PM
  • Great! Thank you!
    User_29999 | Nov 08, 2020, 01:47 AM
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    Elitetutor | Nov 08, 2020, 07:45 AM
  • hey everything looks great, ,y only concern is a work cited/ reference page. Did you have one?
    User_29999 | Nov 08, 2020, 17:40 PM
  • It is not necessary because I have written it in first person...and again it is hypothetical so I didn't cite from anywhere
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  • Done
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