Business Plan Get Well Centre Paper

Business Plan Get Well Centre Paper

During the semester you will create a business plan. Consider the following scenario: You recently inherited $50,000 and you would like to use this money to help start a small business. However, you will need additional funding.

Create a business plan to convince the bank or other investors that you have a viable business plan.

Use the tools in your group area to communicate with your team (also use phone, text etc.) and decide on a business venture (Read chapter 3 in the text for guidance).

Do research to see if the venture is a viable one. For example. who will be your customer base? What socio-economic group will you target? Can you make it a profitable venture?

PART	TASKS
Part 1 Worth 3%	Read chaps.3, 6, 8 & 9 in the text. Decide on the type of business and a name for the business. Give an overview of your business. List and describe your management team, describe the legal structure, and decide on a location (physical location or e-commerce), talk about customer base, socio-economic groups targeted, profitability, etc.

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