Important Note:

In previous courses you have had the opportunity to come up with ideas, research different businesses, and have most likely decided on one or two businesses that you might want to open.

Course Goal:

In this course you will take your business idea one step closer to reality. You will develop your business plan. A business plan is used to help you create your business and get investors. Therefore, you have to sell your business idea with this plan.

Construct a business plan framework for your venture. (CO 1)

Assignment Goal: Two-page paper & Worksheet

We are creating a start-up business (Any business of choice). This is Part 1

For this assignment, complete the feasibility worksheet at the end of Chapter 2 in the Abrams text. Assess your rankings and identify the three lowest ranked areas. Determine why those three areas were ranked lowest, which ultimately represents the most difficult for your business. How can you address those areas so your business can succeed?

Completed worksheet
Minimum 2 pages
Minimum 2 scholarly sources
APA formatted

Discussion Forum Post 1:

From Chapter 2 of your Abrams text, select 2 of the categories listed for Research Questions and complete the following:

• What questions do you need to examine in each category/area?
• What sources do you plan to use to locate information to answer your questions? Why?

Initial posting minimum 300 words.

Text Book: Successful Business Plan: Secrets & Strategies by Rhonda Abrams and John Doerr.