Prompt:
Read the following situation then answer the questions as part of well written essay (350-700 words). Adhere to APA formatting and include sources and citations where appropriate as well as a reference list at the end of your essay. (Remember to outline your paper adhering to APA formatting.)
Review Lesson 2 and Chapter 5 of your textbook Exploring Business found here: http://open.lib.umn.edu/exploringbusiness/part/chapter-5-the-challenges-of-starting-a-business/ Pay close attention to section 5.6 The Business Plan. Answer the questions posed below:
Detailed Analysis — Chocolate Chip Cookie Business Plan
Let’s start with three givens: (1) college students love chocolate chip cookies, (2) you have a special talent for baking cookies, and (3) you’re always broke. Given these three conditions, you’ve come up with the idea of starting an on-campus business—selling chocolate chip cookies to fellow students. As a business major, you want to do things right by preparing a business plan. First, you identified a number of specifics about your proposed business. Now, you need to put these various pieces of information into the relevant section of your business plan. Using the business plan format described in this chapter, indicate the section of the business plan into which you’d put each of the following:
Share anything additional that you would want to take into consideration in your business plan. Be sure to incorporate sources.
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