Based on the work that you have done this term, complete the following sections for your venture’s business plan:
- Mission statement
- Vision statement
- The product or service
- Market opportunity
- Competitive environment
- Statement of ethics (based on your Phase 4 IP)
- Statement of social responsibility (based on your Phase 4 IP)
Take your written assignments and convert them into the required sections.
Note: Each section should be no more than 1,500 words; however, the following are some limitations:
- Your mission statement should be 1 paragraph maximum.
- Your vision statement should be 1 paragraph maximum.
- Your product or service description should be around 1,000 words.
- Your market opportunity and competitive environment sections should be no more than 1,500 words.
- Your statement of ethics should be no more than 2 paragraphs.
- Your statement of social responsibility should be no more than 2 paragraphs.
Part 2 (Objectives from Week 5)
- Choose a business plan template, and customize it for your venture. Include your venture’s name, logo, and contact information. Fill in those sections that pertain to the work you have done on your venture this term.