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Complete the following activities to help you prepare for your final Business Plan Project due at the end of the term. Be sure to save a copy of your responses to all BizBuilder Plan Activities each week, so you can easily access them when you are ready to compile them into your final project. Each week, you will work on part(s) of the final Business Plan, but these activities may not come in the order of the final Business Plan. Use the headings and section numbers in each week’s assignments to help you organize your final project.
Note the full legal name of your organization.
Describe your business idea and the nature of your target market.
Mission, Vision, & Culture
After reviewing several mission statements for actual companies in your industry, write a mission statement for your organization in 21 to 40 words that clearly states your competitive advantage, strategy, and tactics.
Create a vision statement for your company.
Describe the core beliefs you will use to run your organization and how they will be reflected in its culture.
Identify the ways you plan to run a socially responsible organization.
What is the company’s legal structure (sole-proprietor, partnership, LLC, C-corp, S-corp, etc.)?
What are the advantages/disadvantages of this structure over the others?
Where will you physically operate the company? What is the geographic reach of the company?
Who will be owner(s), partners, or stockholders? Describe percentages owned by each.
For the first part, you will use research from the internet. You will answer the questions based on your research and/or experiences with the company.
Approximate minimum page length requirements by section in an APA formatted business plan:
Section 2.0 -‐ 1 to 2 pages