Practice my business

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Practice my business

  1. 1. Practice “My Business” By: Mrs. Bonner
  2. 2. My Business Plan 1. Company Name: Brief description 2. What Goods/Services will you sell? 3. Location on Business (City, State) 4. How much will it cost to start? (Total of List)  (On a separate sheet – list all costs and approx. price) 5. How many employees? What will you pay them? 6. Who/ What is your competition? 7. List Strengths and weaknesses ** This will take more that one Screen!!
  3. 3. Marketing How will you advertise?  Who is your target  TV? Audience?  Radio?  How old are they?  Internet?  Men &/or Women?  Other?  What are their buying habits?  Do they buy more during certain times of year?  Refer to the U.S. Census Bureau Website if needed.
  4. 4. Pricing How much should your  How did you decide what products cost? to charge?  Direct & Indirect costs?  How much profit should  ** Refer to the U.S. you make? Census Bureau site again  What do competitors if needed. charge?  What is the demand for your product/service?
  5. 5. Product Sales How are you going to sell your products &/or Services?  Store  Warehouse  Internet  Catalog  Combination of the previous?
  6. 6. Example of your Homepage  What would your Homepage on the Internet look like?  Consider these things:  What is your product/service  Who is your target audience  Why should they buy your product?  What makes your product or service better than your competition?
  7. 7. Analyze Success/Failure in Crown Point, IN Why would it be  Why might it fail? successful?  List Reasons List Reasons
  8. 8. Conclusion Would you actually consider this business? What education would you need to run this business? Would training be helpful? Etc. What are the positives and negatives of running this business? (This may need more than one screen!)
  9. 9. PowerPoint Requirements Completed Business Plan Marketing Price List Summary Sales Example of Your Homepage Analysis Conclusion Minimum of 10 slides Creativity, spelling, grammar, etc. Minimum of 5 pictures are required.
  10. 10. Resources Site any sources used for information!  Websites  People  Books etc.

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