BUSINESS PLANProject yourself as an entrepreneur of a small-scale business in Saudi Arabia.Assignment Objectives & Requirements:1. Ownersa. Your Business Name, Address, E‐Mail 2. General Business Description (300 – 500 words)A. What business will you be in? What will you do?Mission StatementCompany goals and objectivesB. Business Philosophya. What is important to you in your business? To whom will you market your product? Describe your Industry: Is it a growth industry? What long term or Short-term changes do you foresee in the industry? How will your company take advantage of it? Describe your most important company strengths and core competencies: What factors will make the company succeed? What do you think your major competitive strengths will be? What background experience, skills, and strengths do you personally bring to this new venture? Legal form of ownership: Sole proprietor, Partnership, Corporation, Limited liability corporation (LLC)? Why have you selected this form?3. Products and Services (300 – 500 words)a. Describe in depth your products or services. (Technical specifications)b. What factors will give you competitive advantages or disadvantages? Examples include level of quality or unique or proprietary features. 4. Marketing Plan (300 – 500 words)a. Market Research- Why?b. Market Research- How? Primary or Secondary Data?c. In your marketing plan, be as specific as possible; give statistics, numbers, and sources. The marketing plan will be the basis, later on, of the all‐important sales projection.Facts about your industry What is the total size of your market? Current demand in target market. Trends in target market—growth trends, trends in consumer preferences, and trends in product development. Growth potential and opportunity for a business of your size. What barriers to entry do you face in entering this market with your new company? How will you overcome the barriers? How could the change in technology, change in government regulations, change in the economy, change in your industry, affect your organization.Product Describe the most important features. What is special about it? Describe the benefits. That is, what will the product do for the customer?Customer Identify your targeted customers, their demographicsCompetition What products and companies will compete with you? How will your products or services compare with the competition? Strategy • Outline a marketing Strategy.Promotion How will you promote your Product? What will be your promotional budget?Method of setting pricesCompare your prices with those of the competitors. Are they higher, lower, the same? Why? How important is price as a competitive factor? Do your intended customers really make their purchase decisions mostly on price? What will be your customer service and credit policies?Distribution ChannelsHow do you sell your products or services?Legal Environment • Licensing and bonding requirements Health, workplace, or environmental regulations Special regulations covering your industry or profession Insurance coverage Trademarks, copyrights, or patents (pending, existing, or purchasedPersonnelNumber of employees Type of labor (skilled, unskilled, and professional) Where and how will you find the right employees? Quality of existing staff Pay structure Training methods and requirements Who does which tasks? For certain functions, will you use contract workers in addition to employees?Inventory What kind of inventory will you keep: raw materials, supplies, finished goods? Average value in stock (i.e., what is your inventory investment)? Rate of turnover and how this compares to the industry averages? Seasonal buildups? Lead‐time for ordering?Suppliers:Identify key suppliers. Credit and delivery policies 5. Financial Plan (300 – 500 words)The financial plan consists of a 12‐month profit and loss projection, a cash‐flow projection, a projected balance sheet, and a break‐even calculation. Together they constitute a reasonable estimate of your company's financial future.6. Conclusion (300 – 400 words)

Setting Personal Leadership Goals In Module 1, you began the process of developing a Leadership Growth Plan (LGP) with a thorough self-assessment. In Module 2, you established your vision, identified obstacles to achieving that vision, and made plans to overcome the obstacles. In this module, you will continue to develop your LGP by setting goals and conducting an assessment of resources you will need to accomplish your goals. The outcome of this exercise is a 2- to 3-page plan that specifies 3 to 4 goals you would like to accomplish in the next year and sets clear objectives for what you will need to do to achieve them. Keys to the Assignment Perhaps the hardest part of setting goals is getting started. Begin by considering the following: Ask yourself: “What do I need to be doing in order to achieve my vision?” Think in terms of what you can accomplish by next year. These are the milestones that describe your goals. They define what you intend to do. Next, look at each goal separately and ask yourself: “What do I need to do to reach this goal?” “What skills do I need to acquire?” “What new knowledge do I need?” The answers to these three questions constitute your objectives. Objectives are shorter term than goals and specify what you need, when you need it, and how you are going to get it. While goal statements are helpful in that they set a direction, objectives provide the “roadmap” that will get you to your vision. Objectives tell you exactly what you need to do, how you need to do it, and provide a timeline. Strong objectives meet the following criteria: They are specific. When you write your objectives, use action words that have a tangible outcome such as identify, demonstrate, perform, or calculate. You will be able to assess when you have met these types of objectives. Avoid words like understand, appreciate, know, or learn. These terms are too vague. How will you be able to assess whether or not you “understand”? They are challenging. Difficult, but attainable objectives will help you cultivate a greater leadership capacity. If an objective is too easy, you will not grow. If it is too difficult, you may end up frustrated and the goal will be unfulfilled. Your goals and objectives form the outline of your development plan. To flesh it out, determine what actions are required to meet your objectives. These actions usually make up the greater part of the leadership development plan itself. Putting it all together and writing up the plan Fortunately, there are a lot of templates on the internet to help you create an action plan. Begin by doing some research and select a template that will allow you to present your goals, objectives, and timeline. You will also need to identify the resources you will need. Most of these templates are some type of table, and it is easy to follow what will need to be done, by when. The critical component of this assignment is to be specific about what actions you will take to gather the resources you will need to meet your goals. The following list gives a number of specific actions you can include in your plan, but you should not stop with these. Use your own initiative and creativity to come up with additional formal, informal, directed, and self-directed actions you can take to meet your Leadership Growth Plan. Reading - This is the basic and most fundamental way to stay current in your area of expertise, gain new knowledge, and be inspired. Your plan should include regular reading of professional journals, trade publications, books, and reputable online resources. Training programs and courses – Formal courses and training seminars can be effective and efficient ways of learning new skills and expanding your leadership capacities. Many companies offer such training opportunities, but also check independent or consulting firms in specific areas such as motivation, performance appraisal, cross-cultural communication, or mentoring. Check out the internet, but also local colleges and Universities. Certificates can offer cost and time-effective ways to home in on developing specific skills such as human resources or project management. On the job – even if your current position does not involve leadership responsibilities, you can look for ways to learn leadership through practical experience by mentoring a younger or newer employee, chair a task force, prepare a presentation, or simply work to develop your active listening skills on a daily basis. Volunteering – Join a civic group, charity, board of a non-profit, political campaign, fundraising effort, or other community service. Be the first to offer to take on a new project or supervise other volunteers. Represent the group on radio, TV, or press as the spokesperson. Find a mentor – identify someone who has what you want and ask if they will show you the ropes. Let her know that you want to develop specific skills, such as public speaking or organizing events and would be interested in being a helping hand to learn these skills. Ask for feedback from supervisors and let them know you would welcome leadership opportunities. Journaling – often overlooked, a habit of writing about problems, learnings, obstacles encountered and overcome, and even hopes and dreams of the future can help set direction and increase motivation. A journal can document what you are learning and how it can apply to your leadership development. SLP Assignment Expectations Include a cover page and reference page in addition to the 2-3 pages of analysis described above. Your paper should have an introduction and a conclusion, but the main part of the assignment may be a well-constructed, professionally designed table. Use headings to indicate major sections of the report. Cite and reference any outside sources. Use APA formatting. Proofread and edit your papers carefully. The expectation is zero errors.

Research an international servant leader or international servant leadership organization to examine the similarities and differences in the way servant leadership is executed in Western culture and Christianity when compared with other cultures and religions. Summarize the similarities and differences you discovered and discuss which principles of servant leadership you think are universal, regardless of religious and cultural differences. Provide examples to support your opinions.