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Operations Management
*Required: Create own business plan. The picture below is the guide.

*Required: Create own business plan. The picture below is the guide.

Practical Management Science
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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*Required: Create own business plan. The picture below is the guide.

My Business Plan BUSINESS IDEA: What is your big ideo? Is it a product or a service? What makes your idea different? How will your products/services stand out from the competition? Why will people want to buy? BUSINESS NAME: What does this name say about your business? Is it unique? Memorable? Easy to pronounce? TARGET MARKET & DEMOGRAPHICS: Who will your customers be? Other Kids? Teenagers? Men? Women? Where do they live? What is your target market passionate about? MARKETING: How will you get the word out about your business? Online? Posters? Through the Newspaper? By Email? Where will you sell your products or services? PRICING: How much will you charge? What are your competitors charging? PROFIT: How much will you make on each sale after you subtract your expenses? Profit - Income - Expenses Sale price of item: Cost of item: Profit: What will you do with the money you make? Reinvest in the business? Save for college? Donate? HomeSweetRoad.com
Transcribed Image Text:My Business Plan BUSINESS IDEA: What is your big ideo? Is it a product or a service? What makes your idea different? How will your products/services stand out from the competition? Why will people want to buy? BUSINESS NAME: What does this name say about your business? Is it unique? Memorable? Easy to pronounce? TARGET MARKET & DEMOGRAPHICS: Who will your customers be? Other Kids? Teenagers? Men? Women? Where do they live? What is your target market passionate about? MARKETING: How will you get the word out about your business? Online? Posters? Through the Newspaper? By Email? Where will you sell your products or services? PRICING: How much will you charge? What are your competitors charging? PROFIT: How much will you make on each sale after you subtract your expenses? Profit - Income - Expenses Sale price of item: Cost of item: Profit: What will you do with the money you make? Reinvest in the business? Save for college? Donate? HomeSweetRoad.com
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