MGMT 600 Business Planning Seminar

$44.00

MGMT 600 Business Planning Seminar NEW Course Keller
After working with your teammates, the component manager will develop your Industry Analysis…

Description

MGMT 600 Business Planning Seminar

MGMT 600 Business Planning Seminar

A+ Course: Course Project Industry Analysis Week 3|Marketing Plan Week 4|Financial Plan Week 6|Final Course Project Week 8

MGMT 600 Business Planning Seminar

Course Project Industry Analysis Week 3 

Complete the Industry Analysis.

After working with your teammates, the component manager will develop your Industry Analysis (described in detail in this unit’s lecture). Use the rubric for the Written Plan to organize your information and to ensure that you have met the course requirements for this section of your business plan.

Collaborate on your Business Plan by posting to your Team Discussion area.

This collaboration will count toward your participation grade in Week 8.

Submit your Industry Analysis.

Preview:

Phoenix Adventures will strive to be a major player in the travel industry but will focus on the adventure travel niche of the industry. The travel industry is a large industry in the United States and has generated $2.1 trillion in economic value in 2014. It is a source of jobs for…

The company will be set up as a limited liability company as the nature of the business is risky. It will have a second level of liability protection. The permits that we have obtained are the..

Course Project Marketing Plan Week 4

Business Plan: The Marketing Plan

Research the environment in your industry.

In the team area, the component manager should collaborate with his or her team to ensure everyone is on the same page. In the marketing plan, you will focus on the four Ps (product, price, place, and promotion). Be sure you understand the strategic direction of the firm as you are developing these four Ps by posting in the Team Discussion area and soliciting feedback. Remember that primary research is required for the Marketing Plan. See the lecture for details.

Complete the Marketing Plan.

After working with your teammates, the component manager will develop your Marketing Plan (described in detail in this unit’s lecture). Use the rubric for the Written Plan to organize your information and to ensure that you have met the course requirements for this section of your business plan.

Is the idea still viable?

Just as you asked when you finished the environmental analysis, when you completed your marketing research, and when you wrote the marketing plan, you have to ask, “Is this idea still viable?” At first look, it may have been a great idea, but as you develop an understanding of the market, your idea may not be feasible. Are your prices competitive? Does your target market make sense?

Take time to talk with your team in your team meetings and in your Team Discussion area about whether this idea is still a good one that can be sold to investors. If you find that the idea is not viable, work with your team to modify it so that it will be profitable.

Collaborate on your Business Plan by posting to your Team Discussion area.

This collaboration will contribute toward your participation grade in Week 8.

Submit your Marketing Plan.

Preview:

Phoenix Adventures will provide planned trips that include high quality, adrenaline pumping adventure activities, with provisions of utmost safety and environmental sustainability. It will cater to the market in Colorado and nearby states and then expand to other areas within the country and abroad….

We will be concentrating on tourists within the United States and then expand to tourists from other countries. Our tours will initially be held…

Course Project Financial Plan Week 6

Discuss your strategic overall financial strategies with your team.

In the team area, the component should collaborate with his or her team to ensure everyone is on the same page. In the financial area, you will focus on funding, sales, expenses, and required financial statements. Review the tutorial from the lecture and the tutorial from the Financial Software page. Remember that your proposed Financial Plan should match the characteristics of your Industry Analysis.

Complete the Financial Plan.

After working with the team, the component manager will develop your Financial Plan (described in detail in this unit’s lecture). Use the rubric to organize your content and for guidance on the content, which should be included for a strong Financial Plan.

SPECIAL NOTE: You will not turn in the financial worksheet created with the financial tool; rather, you will use that output to create charts, tables, and graphs to tell your financial story. Use the rubric to determine which portions of the financial worksheet should be incorporated into your Financial Plan.

Is the idea still viable?

Just as you asked when you finished the other sections, you have to ask, “Is this idea still viable?” After you have finished evaluating the costs and forecast the revenues, do they look good? Do the numbers make sense? Do you need to raise the prices in the marketing section? Do you need to change your target market? Do you need to adjust your products? Do you need to adjust the operating expenses? All these questions should be asked, because if the numbers don’t add up, an investor will not be interested in your idea, and you shouldn’t be interested in your idea either.

Collaborate on your Business Plan by posting to your Team Discussion area.

This collaboration will count toward your participation grade in Week 8.

Submit your Financial Plan.

Preview:

The CEO and COO will invest $100,000 and take a venture capital funding of $300,000 from investors. To date, the CEO and COO have contributed $100,000 from their cash reserves. The forecasts indicate that $100,000 is required in the next 3 months and another $100,000 till the end of 6 months from today. The final portion will be received as a loan of $100,000. It will be required when the business… 

Course Project Final Week 8 

Create the Executive Summary for your plan.

The Executive Summary, as described in your lecture, summarizes the main elements of your business concept and is the overview that should attract the attention of potential investors. Refer to the rubric for details.

Create the PowerPoint.

You will give a PowerPoint presentation in Week 8. The presentation will be a team effort, so work with your group to practice and prepare for your Week 8 presentation. Your entire group must be present and must also present to earn points for this team deliverable.

Submit your Business Plan.

Once you compiled the final version of your team plan, do the following:

Finalize the elements of the Business plan, and then submit the plan to the appropriate Dropbox.

Preview:

Executive Summary

Phoenix Adventures is an adventure-based holiday planning organization. It provides services in planning and conducting tours, with adventure as the underlying theme. Currently the   market for this type of service is growing with both the young and the old and men and women who prefer adventure trips. People want different kinds of…

The travel market is a growing market, and there are travel-related businesses that offer similar packages. General Travel Agencies that cater to all kinds of tourists try to arrange adventure tours. We have an edge over them as we specialize in adventure activities. Hotels also want to cash in on the boom in the adventure travel industry. They also have tie-ups with different travel agents to…

Week 8: Total of 25 Pages and 14 Power Point Slides

MGMT 600 Business Planning Seminar