Posted: February 28th, 2015

Future Business

Paper, Order, or Assignment Requirements

Create a business plan and upload your paper to this assignment.

Pick a franchise or other business that you may want to open in the future. Prepare a business plan about the franchise and your ability to open it, operate it and be successful. Assume that I am the bank and you are working to convince me to provide you with a loan to get started. Use the attached business plan worksheet as a guide. It is recommended to use a franchise because there is much specific business information found on the franchiser’s web site.

Things to consider:

Popularity of that particular franchise, where would you locate it, target market
Cost of ownership – total investment, recurring royalties/fees, franchise fee
Operating Costs, i.e. what are the day to day costs involved with operating the business?
Other financial requirements
Describe operating conditions placed on you by franchisor, i.e. level of control
Training received from franchisor
Marketing from franchisor – do they provide marketing data, do they provide national/regional advertising, etc.
Ongoing support from the franchisor
What makes you think this will be a successful business?
Expected revenue/profit margin/net income?
Specifically, you will submit a proposal that contains the information found on pages 7, 9, 10, 12, 13, 15 and 18 on the sample business plan

Create a business plan and upload your paper to this assignment.

Pick a franchise or other business that you may want to open in the future.  Prepare a business plan about the franchise and your ability to open it, operate it and be successful.  Assume that I am the bank and you are working to convince me to provide you with a loan to get started. Use the attached business plan worksheet as a guide. It is recommended to use a franchise because there is much specific business information found on the franchiser’s web site.

Things to consider:

• Popularity of that particular franchise, where would you locate it, target market
• Cost of ownership – total investment, recurring royalties/fees, franchise fee
• Operating Costs, i.e. what are the day to day costs involved with operating the business?
• Other financial requirements
• Describe operating conditions placed on you byfranchisor, i.e. level of control
• Training received fromfranchisor
• Marketing fromfranchisor – do they provide marketing data, do they provide national/regional advertising, etc.
• Ongoing support from thefranchisor
• What makes you think this will be a successful business?
• Expected revenue/profit margin/net income?

Specifically, you will submit a proposal that contains the information found on pages 7, 9, 10, 12, 13, 15 and 18 on the sample business plan