Directions: Please answer the following questions based upon owning a gas station venture.
• Develop the business plan and understand all key components required for successful development and implementation
Business Plan Project
This is a continuation of what you started in Weeks 6 and 7. You will be completing a traditional Business Plan and a Business Model Canvas. An accompanying video pitch presentation is MANDATORY this time and is NOT optional.
Instructions:
• This assignment DOES NOT need to be in APA format.
• It should be formatted in an attractive way so as to bring attention to your document.
• Continue with template found at: https://www.score.org/resource/business-plan-template-startup-business
• You will, however, need to keep track of any resources/sources used within the paper and submit a REFERENCES page as an Appendix (part of same document) — this will be formatted according to APA 6th standards.
• The need for specific appendices varies greatly from Business Plan to Business Plan. As you draft your plan, you will recognize items that require further documentation to substantiate your business strategies; the most logical place for this kind of documentation is in appendices. In addition, include references for the consultants or technical advisors who have assisted you.
Complete the remaining Business Plan sections including:
VIII. Instructions: Financial Plan.
IX. Instructions: Appendices.
X. Instructions: Refining the Plan.
Now That You’re (Almost) Finished . . .
I. Executive Summary
Financial Plan could include the following:
1. 12-month profit & loss projection
2. Optional: 3-year profit & loss projection
3. Cash flow projection
4. Optional: 3-year cash flow statement
5. Projected balance sheet
6. Break-even calculation
7. Use of capital
Possible Appendices:
1. Agreements (Leases, contracts, purchase orders, letters of intent, etc.)
2. Intellectual property (trademarks, licenses, patents, etc.)
3. Resumes of owners/key employees
4. Advertising/marketing materials
5. Public relations/publicity
6. List of equipment
7. Market research studies
8. List of assets that can be used as collateral
Instructions for Business Model Canvas:
Review the Business Model Canvas Instructions AND Template found at: https://strategyzer.com/platform/resources
For this week, you will still complete the worksheet noted above but will also fill in the following sections on the Business Model Canvas:
• Cost Structure
• Revenue Streams