Final Paper: a ten-page APA format formal business plan paper. The paper will outline, identify, and discuss and describe the factors in the formation and management of a business. Factors of production should include formation and entirety type, all financial needs will be listed; areas of HR and operational needs will be listed. All workspace and equipment will be listed with the cost. The paper will specifically define and describe; the strategic management, how will the hierarchy be established, how the workers will be hired, a plan for the marketing area, the cost associated with each of the functional areas of operation. The student will research rent expense, and all associated startup cost. (The cost short and long term) and projected profit and returns will be contained in the summary. Student must show monthly cost and projected income with aggregate earnings over $250,000.00. For investment purposes, a monthly budget will be contained in the paper showing a minimum of three (3) years of operation. All loan products and yields are to be calculated for a ten-year period. The overall purpose of the paper is to demonstrate a documentable understanding of the topics and vocabulary covered in the lectures and the textbook.
Final paper: outline, identify, and discuss and describe the factors in the formation and management of a business.
The paper must conform to this format criterion:
APA format
One-Inch margins
Font use – Times New Roman
Minimum of ten pages not including the title or reference page
Title page with running heading
Reference page in the APA format At least one graft or chart.
The paper must incorporate the following questions / sections in addition to the other headings;
A mission statement – not containing profitability information Why have you chosen this business?
The type of Business entirety chosen (Sole proprietor etc.)
Why you have chosen this type of entirety
Financial needs: money for the purchase of the equipment, rents, legal startup cost
Financial Projections (Balance sheet and Income statement) for a minimum of three years or until the business has reached $250,000.00 in Net Income.
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