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Determine different types of local, domestic, and global business model strategies.
Assess the characteristics of an entrepreneurial mindset.
Evaluate business models that organizations utilize to effectively implement strategies.
Critique how ethics affect entrepreneurship.
Apply techniques used in business development.
Synthesize the different components of the business plan.
Student Success Criteria
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You have decided to open a cupcake bakery 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 business with funding and guidance. The non-profit also hosts a business pitch competition to anyone who is a client. The final step in the competition is to create a business plan.
You will develop a business plan that outlines the strategy for your company. Include the following:
Company Description – Background on Industry, is the company global or domestic and what techniques will be used to develop the business
Organizational and Management Structure – Include the type of business model for your company and why
Competitive & Market Analysis – How does the selected business module strategy fit with the competitive market
Goods and Services Breakdown – What goods and services will be offered?
Marketing and Networking Synopsis – What entrepreneurial mindset skills could be used?
Sales Strategy – Include ethical strategies
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