Lucky You

I will begin this week's blog by patting myself on the back.  I feel as if I did a solid job preparing you to complete the business plan AND by providing a 1-week cushion for you to have your finalized plan submitted to Steffan.  I don't want to sound as if I tricked you, but I do want to share with you that we have another week to make sure our submission to Pitch Burner is the best it can be.

By the end of the week, we will have a finalized business plan that communicates a clear message to the reader.  Our plan will include data, graphics, and an easy-to-read flow that illustrates the hard work and preparation we put into the project.

Our business plan is to be submitted 10/5/15.  That said, we are going to take this week to scrutinize as many details as possible so that we will be ready for our submission date.  Below, I've detailed what we will do each day and how we can optimize our use of class time:

Monday:

Clear Targets for the week: We can create a business plan AND We can create a company vision

In order for our plan to read as clearly as possible, I want to make sure we all know our company goals and vision like the back of our hands.  Ryan will facilitate a meeting in which we all write down our company goals and vision.  

From here, we will discuss HOW our business plan will read so that an investor has a clear understanding of the role he/she will play by partnering with us.  This discussion will address each section of the plan and you will take notes on how to perfect what you have written.  We will then create a Google Form Questionnaire that addresses each goal so that we have data to support why our goals will be effective.  This discussion will take a majority of the class period.  

We will also coordinate who will work concessions 10/6 and 10/8.  I will be available to supervise our concession sales, so there will be no need to have another adult present.

Tuesday through Friday:

For the remainder of the week, we will fix how each section of the business plan sounds.  You will use some of my feedback as well as suggestions from your teammates to finalize the plan.  We will:

1. Fix the diction of the plan
2. Input data results with graphics/charts from the questionnaire
3. Re-Read final draft
4. Put it all together

Assignments for each section of the plan can be found below:

Table of Contents and Final Layout of Plan

Steffan Harris

Cover Page Design and Layout:

IT Department

Executive Summary:

Josh Hanks, CEO

Company Description:

Admin Department

Management Functions:

Admin and HR Departments

Current Economic Conditions:

Andrew Tyree, CFO

Industry Analysis (Real and Virtual):

Sales and Finance Departments

Market Segmentation, Marketing Mix (5 P’s), and Company Analysis

Sales Department

Breakeven Analysis and All Financial Data:

Finance Department

SWOT Analysis and Business Risks:

HR Department

Please adhere to the requirements set forth by the rubric and use previous plans (along with the Gotham Enterprises model) to guide you as you go.  Please also make use of all links available on the VEI Website:

That's it for this week.  I look forward to a productive five days.  See you tomorrow.