Write a two-page essay that discusses how the business plan is utilized and then what you see as strengths or weaknesses in the plan.
In this assignment, you should use the small business you selected for the Service Learning Project or the Small Business Owner Interview, which may be one in the same. The focus of the Small Business Owner Interview (due in Lesson 7) is on current operations of the business. This assignment focuses on the business planning both at start-up, and as a part of continuous operations.
If the business owner has a business plan and is willing to share it, write a two-page essay that discusses how the business plan is utilized and then what you see as strengths or weaknesses in the plan. If there is no business plan, the essay should cover what you see as advantageous for the owner to plan for, how to go about the planning, and the benefits of the business plan. The essay should reference no less than 3 sources other than the textbook where direction, advice, content, or templates can be found that supports what is written.
Submit your essay in the discussion forum below by the due date listed. Please copy and paste the text of your essay, please do NOT upload your essay file. You must submit your own essay before you will be able to see the posts from your peers.
Read and respond to two other students in the class. You will have 3 days after the paper’s due date to read your fellow students’ papers and respond.