7. Marketing. a. Advertisements will be displayed in the university paper. b. The cookie prices will either be $1 per cookie or $10 for a dozen of cookies. 8. Global issues. a. There are six bakeries within walking distance of the college. b. Shipping will be offered to anywhere located in the United States and Canada. 9. Financial plan. a. Six hundred dollars of capital is needed to start the business. b. The expected sales for the first year of business is $6,000. 10. Appendices. Knowing how to effectively use a business plan is a great tool to focus in on what the company’s purpose and goals really are. It is a blueprint of your entire business endeavor. Lists everything from your mission statement to the financial plan of the business. By having everything clearly stated in one form it is easy for anyone like investors to understand what you are trying to accomplish and what it will take to accomplish. Every business big or small should create a business plan. 5
ASSIGNMENT 2- BUSN318 References [Author removed at request of original publisher]. (2016, April 08). Exploring Business. Retrieved from Burns-Millyard, K. (2018, June 27). What Is the Importance & Purpose of a Business Plan? Retrieved from - 760.html Helbig, D. (2016, July 11). 3 Keys To Effective Business Planning. Retrieved from 6
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