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Final Business Project
Your assignment is to formulate a business project that incorporates the following;
A business project idea is a concept that can be used for financial profit. It is related to a product or service that can offer money. For starting a business, the idea is the milestone for success. When anybody wants to start a business, they have to make a plan for the whole year, including investment, product costing, labor, etc.
For the assignment, evaluate with the same items from Capsim to formulate your business. You can use your business in Capsim, and it is encouraged. However, you can choose a separate business that you would like to start.
As noted in Capsim, the 5 key components should be captured in your integrated business project:
· High Level Overview· Research and Development· Marketing· Production· FinanceA Business plan should include the following for a successful start-up:
· A plan must be innovative.
· It should be unique.
· It can solve problems when it occurs.
· It gives you profit.
A business is up to your amount of time, money, and risk involved, and that all depends on the idea you have taken for your business. For that, you need to come with a solid idea, effort in doing marketing, and outstanding customer service. So, go for a new business plan, and there are so many ideas for starting a new business.
Everyone wants to start their own business, whether they are a student or working professionals. Here are some of the things that you can consider before starting any business which is as follows:
· What are your hobbies?
· Who is your ideal customer?
· What would be your ideal working environment?
· Where is there a market need, and how can your skills meet that need?
If you can answer yes to all of these questions, then you are ready to start a business.
Your well-written Final paper should meet the following requirements:
The final presentation should be formatted in APA formatting including title page, page numbers, references.
Be 5 to 8 pages in length, which does not include the required title and reference pages, which are never a part of the content minimum requirements.
Support your submission with course material concepts, principles, and theories from outside sources With at least four scholarly, peer-reviewed journal articles supporting your analysis.
It is strongly encouraged that you submit all assignments into the Turnitin Originality Check before submitting it to your instructor for grading.
The assignment will be worth 250 points. Due final day of the Class. You have 3 weeks to complete this assignment, so it is important to not wait until the last day of class. Good Luck!!!
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