Business Plan, writing homework help

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wonleba04

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Hi Robert, so this is the last assignment. Please see instructions attached. You have pretty much done every assignment throughout the course. Now we just have to piece it together and transition it nicely from section to section. I just want you know that I'm lucky to have found and worked with you. Can we also have this turned in Friday evening by 12 AM?

Unit 9 is the last question which I asked you to turn in 5 days (Friday). This part is the last part of the final paper that needs to be attached. Again, all we have to do is piece it together. Let me know if you still have the assignments you gave me throughout the last 8 weeks.

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Final Part 2: Complete the Final Business Plan (20–40 pages including code of conduct section): Put the following Assignment content from previous units in order to create your Final Business Plan, then submit it before the end of the unit in a Microsoft Word document in APA format. Please use the Final Business Plan template in Doc Sharing. Unit 10 Assignment 1 Part 2: Final Business Plan (20–40 pages including code of conduct section): Put the following Assignment content from previous units in order to create your Final Business Plan, then submit it before the end of the unit in a Microsoft Word document in APA format. Please use the Final Business Plan template in Doc Sharing. Full Business Plan Content: Title Page Business Description: (from Unit 1) You will describe the vision, mission, and the type of structure your business will take. In addition, describe, as the leader, how you will manage the business in order to realize the vision and achieve optimal performance. Mission and Code of Conduct: (from Unit 9) Create a 2–3 page code of conduct policy for your organization. Please describe the underlying ethical theories of your code of conduct policy, legal ramifications, and the purpose of the code of conduct policy in your organization. Please include three outside supportive resources and use appropriate in-text citations and references. Assignment checklist Develop a mission statement Create a code of conduct for your business. Conduct sound research. Structure, Management, and Leadership: (from Unit 2) For this project, in a 3 to 4 page paper, describe the structure of your company. In addition, describe, as the leader, how you will manage the business in order to realize the vision, promote the mission, and achieve optimal organizational performance. Assignment checklist • Decide a company business structure. • Describe the management by objectives model applied in your company. • Describe leadership in your chosen company. • Describe the team concept and using teams in your company. Best Practices, Quality, and Performance Management (from Unit 3) In this Unit 3 Assignment, research three articles from AB/inform in the KU Library on best practices, quality management, and performance management in your chosen industry. Write a 2 to 3 page project paper detailing how you will apply best practices, quality management, and performance management in your organizations. Operations: (from Unit 4) In a 3 to 4 page paper, address the following areas pertaining to operations in your organization: • If you are in a production environment, please provide detailed instructions on how you plan to manufacture your product. • If you are a service-based business, please explain the business flow of how you plan to service your client base. • Analyze organizational processes and procedures in a variety of business settings. Assignment checklist • Describe the general business operations for manufacturing and service companies. • Provide an explanation of the manufacturing or service business flow used in your selected company. Promotion, Legal Protection, and Distribution (from Unit 6 Microsoft PPT) Please use the transcript from your Microsoft PPT for this section of the Final Business Plan Use APA 6th edition formatting to align with the Final Business Plan. Please review export.gov and export tutorial websites using the links found in the webliography area along with assigned readings. Please describe economic differences between the U.S. and a foreign country of your choice in prices, promotion, legal protection, and in how you might distribute (export) your product or service. Lastly, explain how exporting your product or service could affect value creation in the global context. Assignment checklist • Decide a means of promotion for the product or service. • Determine legal protection for a brand. • Describe your distribution plan for a new product or service. Information Management, Planning, and Control: (from Unit 7) Please watch the following videos by searching on the Internet for principles of using information technology to improve your business and stages of funding before starting your assigned paper. This is a two-part 5–6 page written project that will focus on Information management systems for your organization utilized in financial planning, and control in your organization This project also includes the use of Excel spreadsheets containing financial data and required reports. In part I, describe information technology and information management systems used in marketing, accounting, management control, and how you might use these systems in your organization. In part 2, you will determine the startup funds, source of funding, and create a break-even analysis for your organization using Excel spreadsheets. Financial Analysis and Control: (from Unit 8) This two-part project will focus on the financial aspects of your start up business. This project also includes the use of Excel spreadsheets containing financial data and required reports. In part I, using Microsoft Excel worksheets create 3 years of income statements, balance sheets, and cash flow statements. In part 2, Using Microsoft Word, create a 3–4 page financial summary detailing your income statements, balance sheets, and cash flow statements. When you are ready, submit your Microsoft Word Document and Excel file on the Dropbox page. *Note, include your name in the file name of each Assignment. Assignment checklist Items: • Create income statements and balance sheets. • Determine cash flow analysis for your company business. Directions for Submitting Your Project: Put together your Business Plan according to the outline from Part 2 above. Make sure to include your Title page and Code of Conduct (including the Assignment Checklist items from Part one). Then save your work on your computer in a location and with a name that you will remember. Make sure your project is in a Word document in APA format. When you are ready, you may submit on the Dropbox page. This Assignment is due on Friday 11:59 p.m. ET of Unit 10 View the rubric below for full Assignment details. Directions for Submitting Your Project: Put together your Percentage Score Final Business Plan Final Business Plan of Assignment Criteria according to the assignment outline from Part 2 (located in the rubric file). Make sure to include your title page and Code of Conduct (including the Assignment Checklist items from Part 1). Then save your work on your computer in a location and with a name that you will remember. Make sure your project is in a Word document in APA format. When you are ready, you may submit on the Dropbox page. Aspect Content, Focus, Use of Research 50% Analysis and Critical Thinking 30% Writing Style, Grammar, APA Format 20% Paper addresses all assignment requirements, indicates depth of knowledge about the topics and key areas, contains a clear and concise introduction with a thesis statement, comprehension body of paper, closing summary, and includes a minimum of three cited and referenced resources (APA 6th edition). Analysis and critical thinking indicates optimal reasoning with a defined purpose, based on assumptions, writer’s point of view, discusses the advantages and disadvantages, and uses data, information, and concepts/ideas to address the assignment topics or key areas in the paper. The capstone uses the APA (6th edition) writing style using active voice, which is in third person and concisely written. The paper is free from incorrect punctuation, use of jargon/clichés, incorrect grammar, and mechanics, and is correctly formatted based on APA 6th edition guidelines. To access the writing center follow these instructions: 1. On your KU campus homepage, go to My Studies 2. Select Academic Support Center 3. Go to writing center icon and select from the menu. The menu contains links to access information ranging from conducting research to creating title pages and APA formatting (6th edition). Please download the free PDF copies of the Kaplan Guide to Successful Writing. You can also review APA using the following websites: http://www.apastyle.org/ http://owl.english.purdue.edu/ http://citationmachine.net/index2.php http://www.writing.northwestern.edu/avoiding_plagiarism.html Total Points 100%
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Please let me know if there is anything needs to be changed or added. I will be also appreciate that you can let me know if there is any problem or you have not received the workGood luck in your study and if you need any further help in your assignments, please let me knowCan you please confirm if you have received the work? Once again, thanks for allowing me to help youR

Running Head: Business Plan

1
Business Plan

Contents
Executive summary ................................................................................................................................... 2
The company and background................................................................... Error! Bookmark not defined.
Process of developing visions statement ....................................................... Error! Bookmark not defined.
Business strategy ........................................................................................... Error! Bookmark not defined.
Strategic thinking ........................................................................................... Error! Bookmark not defined.
Business structure and management ............................................................ Error! Bookmark not defined.
Performance of the firm ................................................................................ Error! Bookmark not defined.
Market........................................................................................................ Error! Bookmark not defined.
Target Customers ....................................................................................... Error! Bookmark not defined.
Competition and competitive advantage .................................................. Error! Bookmark not defined.
Marketing strategy..................................................................................... Error! Bookmark not defined.
Overall strategy .......................................................................................... Error! Bookmark not defined.
Competitive plan ........................................................................................ Error! Bookmark not defined.
Sales plan ................................................................................................... Error! Bookmark not defined.
Research and development ....................................................................... Error! Bookmark not defined.
Legal and organization structure ............................................................... Error! Bookmark not defined.
Key persons .................................................................................................... Error! Bookmark not defined.
Financials.................................................................................................... Error! Bookmark not defined.
Critical risks ................................................................................................ Error! Bookmark not defined.
References ................................................................................................. Error! Bookmark not defined.

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Business Plan
Executive summary
The automative industry remains one of the most competitive industry. Each of the
players in this industry attempts to outcompete its rivals to create more profits for itself (Chen,
Liu & Portnoy, 2012).. For our startup XYZ Auto, it will be a tough task to venture in this
industry given a large number of competitors in this industry. Apart from numerous rivals in this
industry, the company faces various risks associated with the implementation of the venture.
This move for caution in the implementation of the project. Financial shortages are other woes
that this firm is likely to face as it starts its operations. While risks are evident in any venture, the
company could face added risk since it is operating in a very competitive industry. Legal issues
are other woes that the corporation is likely to face.
The legal issues could emanate from conflicts between the company and the Authorities
in Chicago. The business plan aims to analyze both the industry and the company as a whole.
Examining the sector will help the firm identify its rivals and take measures to fight the
competition to make sure it succeeds in this industry. Analyzing the company will take a detailed
look at the company, its organization, financial strength and weaknesses and its management to
weigh whether the company is fit to start its operations. Once we identify the ability of the
company to survive and compete in this environment, we will look at the schedule of the project
implementation to make sure that the project gets implemented within the required time and
budget. This move will make sure that the company starts its operations within the required time
without delay. Understanding of the strategy that the firm will use to perform its operations in
this competitive environment will enable us to have a precise knowledge of the possible risks
and take decisive measures to mitigate them.

Running Head: Business Plan

1
Business Plan

Student’s Name

Course Title

Instructor’s Name

Date

2

Business Plan

Contents
Executive summary ................................................................................................................................... 3
The company and background.................................................................................................................. 4
Process of developing visions statement ...................................................................................................... 5
Business strategy .......................................................................................................................................... 6
Strategic thinking .......................................................................................................................................... 6
Business structure and management ........................................................................................................... 7
Performance of the firm ............................................................................................................................... 7
Market....................................................................................................................................................... 8
Target Customers ...................................................................................................................................... 8
Competition and competitive advantage ................................................................................................. 9
Marketing strategy.................................................................................................................................... 9
Overall strategy ....................................................................................................................................... 10
Competitive plan ..................................................................................................................................... 10
Sales plan ................................................................................................................................................ 11
Research and development .................................................................................................................... 11
Legal and organization structure ............................................................................................................ 12
Key persons ................................................................................................................................................. 12
Financials................................................................................................................................................. 13
Critical risks ............................................................................................................................................. 13
References .............................................................................................................................................. 17

3

Business Plan

Executive summary
The automative industry remains one of the most competitive industry. Each of the
players in this industry attempts to outcompete its rivals to create more profits for itself (Chen,
Liu & Portnoy, 2012).. For our startup XYZ Auto, it will be a tough task to venture in this
industry given a large number of competitors in this industry. Apart from numerous rivals in this
industry, the company faces various risks associated with the implementation of the venture.
This move for caution in the implementation of the project. Financial shortages are other woes
that this firm is likely to face as it starts its operations. While risks are evident in any venture, the
company could face added risk since it is operating in a very competitive industry. Legal issues
are other woes that the corporation is likely to face.
The legal issues could emanate from conflicts between the company and the Authorities
in Chicago. The business plan aims to analyze both the industry and the company as a whole.
Examining the sector will help the firm identify its rivals and take measures to fight the
competition to make sure it succeeds in this industry. Analyzing the company will take a detailed
look at the company, its organization, financial strength and weaknesses and its management to
weigh whether the company is fit to start its operations. Once we identify the ability of the
company to survive and compete in this environment, we will look at the schedule of the project
implementation to make sure that the project gets implemented within the required time and
budget. This move will make sure that the company starts its operations within the required time
without delay. Understanding of the strategy that the firm will use to perform its operations in

4

Business Plan
this competitive environment will enable us to have a precise knowledge of the possible risks
and take decisive measures to mitigate them.
The company and background
XYZ Auto is a new automotive and property management firm. The company will start
its operations in Chicago, targeting medium income earners in the metropolitan region of this
city. The company aims to provide these residents with quality and affordable automotive
solutions. The company will get located at in Chicago, Lombard Avenue. The firm will not only
engage in sales. It will offer additional services including construction, remodeling, and
management of automotive across Chicago. The company aims to use the connection with the
local community and business owners as an avenue to get more contracts. It will use services
from other consultant companies such as Chicago Engineers Ltd and DWRF architects to help
secure government contracts. This approach will assist the firm became more flexible and got
more deals not only in Chicago but throughout the United States. In the next two years, the firm
aims to take its operations in Detroit and Saint Louis, a move designed to create a large customer
base and expanding the company’s revenue. The company has a huge emphasis on ethical
practices, creativity, process innovation and creative marketing.
The company mission statement: to become a leading on-site automotive development
and property Management Company be providing stable and high-quality services that are
worthy of the client’s time and money. This mission statement is aimed to drive the company
toward a responsible approach to doing business. The move will strive to maximize the quality of
products that the firm offers to its clients. Its primary goal is to create a value-based consumer
demand for our automotive or construction services that the organization offers. It, however, has
numerous objectives critical ones. They include: being able to acquire a new client each month

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Business Plan
through liaising with other firms and venturing in community services. The other objective is to
get a commercial financing of $40,000. This money will help the company Tom cover up the
cost of starting the business. The other objective will be to get a profit of gross profit of $21,000
in the first financial year.

Process of developing visions statement
The success of the company depends on a well-crafted vision and mission statement
because it succinctly and concisely communicates the intention of the business. Fiore, (2015)
argued that the vision statement also communicates the goals, serving as a tool that spearheads
decision-making in the firm. The firm must create a vision statement that would give the firm a
direction. The vision statement also acts as a guide which the workers follow towards achieving
the requirements of the management. The vision statement also acts as a means of motivating
the team of workers in various departments. The vision statement increases the engagement
level of the workers compared to when the company had no statement.
Apart from the provision of direction and clarity, the vision communicates the
imaginations of the firm. Fiore, (2015) suggested that the company must develop a vision
statement that would put first the priorities of the company, apart from the direction which the
company intends to go while giving the workers a reason to work. Apart from being high-level,
the vision statement must get compelling to the executive and the staff of the firm.
Trakin, (2008) suggested that the firm must focus the vision statement that looks the
place that the firm intends to be in the coming five to ten years. The team developing the vision
statement must apply concise, clear language. The statement must get written with passion and
emotion. The firm must paint a rough picture of the business needed in the future. The team

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Business Plan
must develop a communication plan that would deliver the message to the workers and the
world. Once, established, the firm must commit the time and resources meant to let the team
attain the vision.

Business strategy
The firm would make use of different business strategies depending on the given time
and the pressure which the firm would get from competitors. As a new business venture, the firm
might face many problems compared to the companies that are already established. The company
could make use of at least two business strategies, mainly product differentiation and growth.
Trakin, (2008) argued that the growth business strategy would see the introduction of
new items and new product features to existing business commodities. The firm could increase
the product line and stop dealing in a given items to keep up with the pressure from the
competitors. The firm must follow the market trends and grow its items that trend; else the
customers might revert to the products of the competitors.
As a small company intending to go global, the firm might implement product
differentiation strategy as a means of attaining a competitive advantage. The firm will implement
a superior technology that ensures that customers get products that last long compared to those of
the competitors. The product differentiation would also help the firm result to brand loyalty.

Strategic thinking
Vermeulen, (2013) suggested that the firm would also deploy a strategic thinking process
involving decisions on the suitable actions that would make the firm relatively successful in a
market already dominated by other companies. The firm would engage a strategic plan each year,
whereby they would create a document which guides the firm for an entire year. The firm would

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Business Plan
implement an ongoing strategic thinking that runs year round. The main areas of consideration
include anticipating competitive changes and positioning the firm in readiness for opportunities
and trends.

Business structure and management
Vermeulen, (2013) proposed that the company would set off as a limited liability
company which inculcates partnership elements. The business structure becomes preferable
because it makes use of partnerships and corporations. The profits and losses of the limited
liable company would get passed to the investors, while the business itself gets shielded from
liability.
The management process of a limited liable company is relatively flexible, as it could be
an individual, a team of individuals or a corporation. The respective members of the company
obtain a share of the firm. The firm would alternatively hire a manager that would take charge of
everything, and the firm ensures that the executives get a progress report.

Performance of the firm
The leaders, structure, and management of the enterprise have an essential role in the
determination of the success of the enterprise. The management and leaders must communicate
the engagement rules and responsibilities of the team members. The management must ensure
the exchange of ideas through open dialogue. The team would promote the success of the firm in
harmony while letting the management reduce innovation risks.

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Business Plan
Market
Target Customers
The company’s primary target will be in Chicago. In this city, it will target low and
medium income earners within in the town. These are the people currently unable to afford the
high cost of renting a house or owning one. Current automative firms build houses with the aims
of making humongous profits and hence targets high earners. The cars make for low and medium
income earners are in unfortunate and deplorable conditions which lower their morale for work.
The company will eliminate these woes. The company will build residential and commercial
houses using the latest technology. The company will avoid purchasing building material from
the already established firm. It will buy from the startups in Chicago to promote the local
business.
Once the enterprise identifies and obtains this material, they will start building the
houses. Each car unit will cost $200 per month in installments, and it will have no additional
cost. An average low-income Earner in Chicago earns $5 per hour and will hence be able to
afford these houses without much struggle. The firm will also have luxurious properties that will
aim at high-income earners who have their business in Chicago. This luxurious property will
have added features compared to those of other firms already in the market but will cost cheaper.
These houses will cost $1000 each month and will mainly target executives working in the
locality. Targeting the two groups of customers will work to the advantage of the company as it
will take good care of both groups. This approach will ensure that the enterprise gets more
revenue while taking good care of the needs of the local people. This method will allow the
company to improve its financial strength which will help it expand to other regions within the
USA.

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Business Plan
Competition and competitive advantage
The competition in the Automative industry is stiff. In Chicago alone, numerous
companies are offering this service. These companies include Cushman & Wakefield and JLL.
These two giants got established long time ago and hence have loyal clients. Taking these
customers from them will require a lot of hard work as most of them are faithful to the
companies. Another challenge that will face XYZ Auto is customers trust. Both JLL and
Cushman & Wakefield have been in operation for a long time and hence command a lot of
customer trust. These giants have strong finance basis and hence and hence uses the latest
technology. These firms benefit from economies of scale and hence pose a significant threat to
our company.
However, XYZ Auto has a competitive advantage. First, it will offer its products at lower
prices which will appeal to most clients. Despite the fact that the company does not have
economies of scale, the company will improve its efficiency in operations and source raw
materials from the local vendors. This approach will have numerous benefits to the business.
First, it will create a positive reputation for the company and hence command a big market for
the firm in Chicago. Second, products sourced from the locals will be cheap and help the
company sell its products cheaply. The other competitive advantage is that since it is a small
firm, it will be very flexible in adapting to local needs of the residents. As opposed to massive
corporations in which there are numerous processes required to implement a decision, XYZ Auto
will comprise of a small team, a move that will make the entire process easy to implement
Marketing strategy
The marketing strategy of XYZ Auto will revolve around proper communication of the
company’s products to the clients. The firm will use numerous methods to achieve these goals.
The first method will be the use of Billboards tragically placed all over Chicago. Each person in

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Business Plan
the marketplace will have a view of the Billboards. The firm will also use the daily renowned
magazines all around Chicago and use its recently launched website to reach its clients. This
move will allow the customers to have a view about the company’s products. The company will
also use grassroots methods where they will provide new customers with coupons which they
will take their friends. The tickets will serve as an avenue to entice residents to try the company’s
products. The company also will travel to various local meetings and events where they will
inform the residents about the product it is offering>
Overall strategy
The overall strategy of the company will aim to reach as many customers as possible. In
achieving this goal, the firm will increase its efficiency and reduce the cost of operations. The
company will make its products to be available throughout the year and provide high-quality
products. The company will also respond to a request from the customers promptly. The
company will have an application which will alert the marketing team once a client makes a
request. The team will respond quickly to make sure that they serve the customer promptly and
at their convenience. The firm’s aim to reduce the cost of its products will be possible if the
company increases its efficiency and reduces wastage of resources. The overall strategy will
target to harmonize operations, advertising, promotions, and implementation of projects to serve
the customers in the best way.
Competitive plan
The company aims to compete in this industry. This move entails lowering its cost of
services as possible while improving the quality of the services. At first, the company will sell its
products at the lowest price possible to attract new customers. Once the customers get used to the
company’s products, the firm can raise the prices but make sure to maintain them below that of
their principal rivals. The company will also offer efficient and high-quality products to all of its

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Business Plan
customers. The high-quality products will give the company more clients than its competitors.
The company will maintain buying of goods from local sellers to keep the local citizens feeling
involved in the management of the company’s affairs. This approach will make most of the
residents prefer the products of this company than those of its rivals.
Sales plan
The company aims to sell 200 units each month. This move will give the company over
$10000 within the same period. However, achieving this goal is not an easy task. To achieve this
aim, the company will sell the products on hire purchase where a client will pay ten percent of
the money as a deposit and the remaining in equal installments of $200 each month. This
approach will allow the low-income earners to benefit from the scheme and buy the products.
This method will prove to be very helpful for the company. Secondly, the company will liaise
with banks in Chicago which will offer cheap loans to people who want to purchase the products.
The company will act as the guarantee for such loans. More people will, therefore, be able to get
the funding they need to implement the project of buying the house.
Research and development
The company knows that research is an integral part of the enterprise. The company will
engage in research and development to come up with new products each day. The new products
will prove to be more appealing to the customer and hence may help the company beat its rival
firms. Innovation will assist the company to overcome shortcomings associated with using
outdated methods in automative. The company will be active in moving from one locality to
another and get ideas from the citizens in that region. They will try implementing the ideas to see
if they are viable. The company will also create innovative events where the most creative person
will get rewarded for their contribution. This move will ensure that the corporation benefits from
the event. The firm will finance research programs to help the company develop new products.

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Business Plan
Legal and organization structure
The business will operate as a separate legal entity from its owners. This form of business
will be vital in protecting the business from evil actions of its founders. This move implies that
the company will be a private limited corporation. The company will get led by a group of three
directors. The directors of the company will be; Earnest Carks, Edwin Basil, and Musa Barrack.
All of them have vast experience in this industry and hence will be vital for the company. The
directors will be responsible for making any decision on the advice of the respective department.
Below they will be managers who will manage operations of various department’s below the
manager will be supervisors who will manage how work get done. This move will ensure that the
company’s operations proceed as normal.

Key persons
In this firm, the key individuals will be the directors namely Earnest Carks, Edwin Basil,
and Musa Barrack. These people will be responsible for making or approving any decision
concerning how the company manages its operations. This move implies that they are imperative
for the success of the firm. The three directors are the key stakeholders and own the largest
number of shares in this company. Another key figure in this enterprise will be Mark Bob. He is
a senior consultant and will be offering valuable information to the company on the recent trends
in the automotive industry. These four people will determine the level of success of the
enterprise. Conflicts between them may hamper the progress of the company, a move that could
lower its profitability in the long run. This step could negatively affect the firm.
Location
The company’s location will be in located in Chicago, Lombard Avenue. The place is calm and
good for business ventures.

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Business Plan
Financials
Critical risks
The firm will suffer from numerous risks most of which are fatal. First, the firm does not
have adequate finances and will rely on financing from other sources. If such financing is not
available, it can affect the profitability of the company, and lower its ability to implement its
plans. Inadequate funds could also make it hard for the company to implement its intended goals.
Another risk that the company could face is a risk concerning legal issues. If the company fails to
abide by the rules that the government of Chicago has set, there could be numerous lawsuits, a
move that could negatively affect the profitability of the company. Another risk that the
company could face is conflicts between its major shareholders. The conflict could lower the
company’s profits and affect its reputation too.
For example, they may disagree on sharing of profits or on how to approach a new
market. The company could also suffer from management problems, a move that could affect its
reputation. However, the company already has a way to mitigate these risks. First, it has a
conflict solving team which is always alert to solve any problem that could arise. The next
method the firm will use is to ensure ample communication between the directors to make sure
that they are always working for the success of the company. Another approach to mitigate the
risks is through the use of mediators to solve any problem that could emerge between the various
parties within the company. The mediation team will act quickly to prevent any problems that
could arise in case the members fail to agree on any matter.
Income statement of XYZ Auto
sales

$100,000

Cost of goods sold

$75,000

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Business Plan
Gross profit

$25000

Operating expenses
Paying wages

$8000

License expenses

$1000

rent

$1000

Water and electricity

$1000

Total expenses

$11000

Non operation expenses
Lawsuit expenses

$2000

Loan interest

$2000
$4000

Income

$10000

Cash flow projection

Month

January

February

March

Operating cash
Beginning

10000

20000

3000

Customer deposit

2000

2000

20000

Receivable

2000

1000

5000

Loans

1000

1000

1000

Total

$15000

$24000

$28000

Payroll

2000

2000

3000

Compensation

1000

3000

3000

Buying fixed

2000

2000

3000

Cash Uses

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Business Plan
Assets

Excess

$5000

$7000

$9000

$10000

$17000

$19000

For all the months the company is experiencing a positive cash flow. This step is a positive one
as depicted by the decision of the company to reduce its cost of operations.

Balance sheet
Assets

Liabilities

Current Assets

100,000

Current

Cash and cash
equivalent

100,000

Deferred
revenue

100,000

Inventory

100,000

Accrued
Expenses

50,000

Investment

50000
$350,000

Long term

$150,000
Long term

Land

100,000

Capital

10,000

Buildings

100,000

Treasury stock

10,000
$20,000

Total

$380,000
$550,000

$550,000

Startups cost
Function

Amount

Company registration

$100,000

License

$50,000

Employees

$50,000

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Business Plan
Equipment’s

$100,000

Renting a house

$100,000

Setting up the office

$70,000

Total

$470,000

Business schedule
Date (2016)

Work to do

4th june-20th June

Registration of the company

21st june-21st July

Renting of office

21st July- 30th July

Getting business license

1st August – 16th august

Open the business

Assumptions
During the implementation of the business plan above, the shareholders will make
numerous assumptions, most of which could affect the firm. The first assumption they make is
that any delay in the schedule will negatively impact the business. This case is not true, and the
suspension may fail to have any positive influence on the implementation of the entire project.
The other assumption is that all the directors are fully committed to seeing the business became a
success. It is assumed that they will work to see the venture became successful. They will work
to help the company succeed. This assumption may not be correct, and they may fail to put
efforts for the success of the enterprise. Another assumption is that the risk management team
will work to mitigate any risk that may arise in the process of implementing the project. This
case may not be valid as some risks could be too big for the team to handle. It is also an
aassumption that emergence of any risk could halt the implementation of the business plan. Risks
may emerge but fail to affect the implementation of the whole project.

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Business Plan

References
Chen, X. P., Liu, D., & Portnoy, R. (2012). A multilevel investigation of motivational cultural
intelligence, organizational diversity climate, and cultural sales: evidence from US
automative firms. Journal of applied psychology, 97(1), 93.

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Business Plan
Alcock, J., Baum, A., Colley, N., & Steiner, E. (2013). The role of financial leverage in the
performance of private equity automative funds. The Journal of Private Equity, 17(1), 80.
Cvijanović, D. (2014). Automative prices and firm capital structure. Review of Financial Studies,
27(9), 2690-2735.
Risselada, A., Schutjens, V., & Van Oort, F. (2013). Automative Determinants of Firm
Relocation in Urban Residential Neighbourhoods. Tijdschrift voor economic en social
geografie, 104(2), 136-158.
Ling, D., & Archer, W. (2012). Automative principles: A value approach. McGraw-Hill Higher
Education.

it was marked to replace from yours but have sorted ithave a look

Running Head: Business Plan

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Business Plan

Student’s Name

Course Title

Instructor’s Name

Date

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Business Plan

Contents
Executive summary ................................................................................................................................... 3
The company and background.................................................................................................................. 4
Process of developing visions statement ...................................................................................................... 5
Business strategy .......................................................................................................................................... 6
Strategic thinking .......................................................................................................................................... 6
Business structure and management ........................................................................................................... 7
Performance of the firm ............................................................................................................................... 7
Market....................................................................................................................................................... 8
Target Customers ...................................................................................................................................... 8
Competition and competitive advantage ................................................................................................. 8
Marketing strategy.................................................................................................................................... 9
Overall strategy ....................................................................................................................................... 10
Competitive plan ..................................................................................................................................... 10
Sales plan ................................................................................................................................................ 11
Research and development .................................................................................................................... 11
Legal and organization structure ............................................................................................................ 11
Key persons ................................................................................................................................................. 12
Location....................................................................................................................................................... 12
Financials................................................................................................................................................. 12
Critical risks ............................................................................................................................................. 12
References .............................................................................................................................................. 17

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Business Plan

Executive summary
The automotive industry remains one of the most competitive industries. Each of the
players in this industry attempts to outcompete its rivals to create more profits...