A business plan for a business
write a business plan for a business that the student would like to create. The written business plan will include a financial budget for the first year of operation for the business. The financial budget will include both a sales (revenue) budget and an expenses budget. The plan will consist of the following:
A summary of the concept for the business (what is the product or service, expected customer base, form of operation, etc.)
Vision and mission statements for the business
The projected sales (revenue) by month for the first year of operation including a summary of the expected growth of sales, seasonal fluctuations, etc.
The project expenses by month for the first year of operation including a summary of the types of expenses included in each expense line item (include an explanation of any increases or decreases in expenses during the year).
Compute the expected profit or loss for the year (revenue minus expenses)
A summary of the expected performance of the business for the second year of operation.