BUS 313 week 10 assignment

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Question Description

Now it’s time to pull everything together and create your final business plan. Make sure to review all the feedback you received for Assignments 1, 2, and 3, and make the necessary corrections. Then copy and paste it all into one document, and add an executive summary and an exit strategy. The executive summary is a snapshot of your business plan as a whole and should touch on your company profile and goals. Additionally, the most successful exits in business require considerable planning. You will need to discuss two key factors to consider when planning your exit strategy.

Write a five (5) page paper in which you:

  1. Write a one page executive summary that includes your company profile and goals.
  2. Revise and insert the business models section you developed for Assignment 1.
  3. Revise and insert the target market section you developed for Assignment 2.
  4. Revise and insert the startup funds section you developed for Assignment 3.
  5. Write a one page exit strategy where you discuss two key factors you would consider when planning an exit strategy. Provide explanation to support your reasoning.
  6. Format your assignment according to the following formatting requirements:
    1. Typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides.
    2. Include a cover page containing the title of the assignment, the student’s name, the professor’s name, the course title, and the date. The cover page is not included in the required page length.

The specific course learning outcomes associated with this assignment are:

  • Examine the process of innovating and developing ideas and business opportunities.
  • Analyze different innovative business models to determine the best model for a specific venture.
  • Analyze the management of a successful innovative company.
  • Examine the process of developing a business plan and setting up the company.
  • Analyze the market, customers, and competition of entrepreneurs.
  • Analyze money sources for finding and managing funds.
  • Determine the most effective communication process to present the business to investors.
  • Analyze methods for exiting the venture.
  • Use technology and information resources to research issues in entrepreneurship.
  • Write clearly and concisely about entrepreneurship using proper writing mechanics.

Click here to view the grading rubric for this assignment.

Tutor Answer

School: Cornell University

Hello! The final answer is ready. Hit me up if you need edits


Business Plan “Senior Assistance Business”
Institutional Affiliation


Executive Summary – Senior Assistance Business
Currently, research shows that there is a growing need for concierge services for the
elderly. The research also shows that there are a few organizations in place to meet the current
and potential demand. Therefore, Senior Assistance Business is set up to tap into this potential
market and provide concierge services to the elderly within the local area and expand nationwide
in the future (Murata, 2008). The organization’s target market is individuals aged 65 and above.
Currently, most elderly individuals lack the ability to carry out physical activities and everyday
errands such as shopping which is critical for them. Offering concierge services will help make
their life better and could also contribute to overall health wellness by reducing both physical
and mental stress.
To operate efficiently, the organization will contract social groups working in the area so
that we can better address the market demand more effectively. The market gap created by small
community groups has led to a loss of potential consumers who can use the concierge services.
This also falls in line with the organization's growth and expansion strategy to cater to more
clients. However, the idea falls under long-term goals after the organization is operational and
has the capability to offer services to a wider range of clientele in the local market. The company
can then expand nationwide depending on the available market in different regions.
To fund the organization’s startup ideas, the management will secure loans from financial
institutions. The loans will help the organization kick-start its business as well as form a critical
financial relationship which will benefit the organization in the future. Also, the business intends
to use the bricks and clicks model in line with modern technology and other factors that make it


the most effective model for the business. The main objective is to ensure that the business can
reach as many elderly ind...

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