Wednesday, March 13, 2019

Sub Plans

  • Get together in your Business Groups. Work with your business partners to:
    • complete the Costing a Tee Challenge
    • work on the Chapter 6 worksheets:
      • Section 6.1 Doing Market Research
      • Section 6.2 Industry and Market Analysis
      • Market Analysis – Value Chain Research (pg 73)
      • Market Analysis – Test Prep (pg 77)
  • Write up a rough draft summary of your business plan:
    • Business Name & Business Logo
    • Slogan for your business
    • Problem Statement
      • what problem is your business trying to solve or what need are you fulfilling
    • Unique Selling Proposition?
      • What makes your company different?
    • Market Analysis
      • Who are your major competitors?
        • If not from you, from who would your customers buy?
      • Is there demand for your product?
        • results from your primary research
    • Products List Details
      • what are you selling exactly
    • PURCHASE PLAN
      • FROM WHERE WILL YOU PURCHASE YOUR PRODUCT
      • WHEN WILL YOU PURCHASE YOUR PRODUCT
      • HOW MUCH WILL YOU PURCHASE
    • Selling Price of each
      • include explanation of how you arrived at selling prices
    • Sales Forecast
      • how many of each product are you planning on selling and at what price
    • Customer Analysis
      • describe your target market
      • Survey Questions
      • Survey Results
        • summarize your survey results
      • Secondary Research
    • ADVERTISING PLAN:
      • how are you going to promote your business
        • CREATE A SOCIAL MEDIA POST
        • DESIGN A PROMOTIONAL FLYER
        • DEVELOP A COMMERCIAL
    • SALES PLAN
      • WHERE WILL YOU SELL YOUR PRODUCT
      • WHEN WILL YOU SELL YOUR PRODUCT
      • GET APPROVAL TO SELL FROM Mr. Andrew Sharos, Assistant Principal
        • sample email available at:
          • tinyurl.com/212email
    • Team Member Roles
      • describe each team member's responsibilities

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