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Part I of the Business Plan
Part I of the business plan is due in week 1. Submitting this part on time is crucial as it will allow the instructor to properly evaluate the direction of your plan and provide you with important feedback for the future of the project. The format of the business plan is APA style.
Part I Requirements
1. Company Background
a. Company Name: Young’s Online Limitless Options (YOLO)
b. Type of business:Retail
c. Proposed ownership/legal structure
d. Unique product or service you will offer: clothes, electronics, and outdoor equipment
2. Mission Statement
a. Include a statement directed to your customers. Example: YOLO provides a one stop shop for muliple needs in one location from personal to outdoor needs.
3. Goals and Objectives
a. Include between 5 and 8 strategic goals
b. Must be measurable
c. Include a Table or Chart