Strategic Mind Map

  Evaluate business models that organizations utilize to effectively implement strategies. Scenario You have decided to open an ice cream shop and move your home-based business into a storefront. Recently, you met with SBA National, a non-profit that focuses on helping entrepreneurs start their businesses with funding and guidance. The non-profit also hosts a business pitch competition for anyone who is a client. One of the requirements of the SBA business pitch competition is that each participant must fill out a Strategic Mind Map to capture the strategic plans for your business.   Define your business model Identify your strategic position in the market Provide 3 examples of internal factors (IFE) and 3 examples of external factors (EFE) that effect or could impact your ice cream shop. Describe your short (1 year from now) and long-term goals (5 years from now). Execution steps for your plan (Define 3 steps (in priority order) you would take to launch your business). Provide at least 3 Measurable Key Performance Indicators. In the same Word document as the template (or copy and paste the template into a new Word document), complete the following: Describe how your ice cream shop will use each of the categories listed in the strategic mind map. Based on your analysis and research, make a recommendation on how you could use this information presented in the mind map in your proposal. Provide attribution for credible sources.