Develop a comprehensive Entity Business Plan
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Entity Business Plan
a. Select one of the business ventures below:
1) Specialty high-end flooring contractor: will install all floor types (imported tile, granite, marble, hard wood, and carpeting) as part of new construction or remodeling.
2) Pilates Studio Franchise: individuals can take classes or work out on their own.
3) Sports Bar Franchise: individuals can watch multiple sporting events on large screen TV's.
4) Global Computer Consultant: assist corporations and individuals in setting up computer networks.
b. For the business venture selected, you need to develop initial business planning ideas that include the following:
1) Define the goal of the business.
a) What goods or services are provided?
b) Who are the target customers?
c) How or where are those services provided?
2) Differentiate between the strengths and weaknesses of the various business organizations and determine which is best suited for your business venture.
3) Describe how different business organizations operate in the global legal environment and identify the domestic and global legal issues that impact the various business structures and how those issues can be effectively managed.
4) For the business organization selected, list the form(s) necessary to create the entity in your state. (These are generally available through your Secretary of State's Website.)
5) Finished business plan should include exhibits as necessary.
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Solution Summary
The solution develops a comprehension entity business plan for a specialty high-end flooring contractor. A SWOT analysis is provided.
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Entity Business Plan
a. Select one of the business ventures below:
1) Specialty high-end flooring contractor: will install all floor types (imported tile, granite, marble, hard wood, and carpeting) as part of new construction or remodeling.
2) Pilates Studio Franchise: individuals can take classes or work out on their own.
3) Sports Bar Franchise: individuals can watch multiple sporting events on large screen TV's.
4) Global Computer Consultant: assist corporations and individuals in setting up computer networks.
Specialty high-end flooring contractor: will install all floor types (imported tile, granite, marble, hard wood, and carpeting) as part of new construction or remodeling.
b. For the business venture selected, you need to develop initial business planning ideas that include the following:
1) Define the goal of the business.
The goal of the business is to become the largest high-end flooring contractor in the USA that provides the best possible floor types at the most reasonable prices.
a) What goods or services are provided?
The goods and services are a quick installation of all floor types. These floor types include ceramic tiles, areas rugs, and bath mats. The products used by your company will not strain, fade or mildew. Moreover, the products will not be penetrated by germs. The floorings will not cause allergies nor will it need extra finishing or waxing. The flooring tiles can be selected from slates, marble or limestone. The company also provides 0% interest financing facilities for one year.
b) Who are the target customers?
The target customers are high end builders and renovators. General contractors that specialize in high end building contracts and are in need for premium flooring within a short period of ...
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