CSU Global Arcadian Cafe Business Opportunity Project

Module 8: Portfolio Project, Option 1Part 1 – Outline – Need by Friday
This week you have an Outline and four to six References due on Sunday.
What you need to submit:
1.
2.
Create an outline of the required material …“i.e., for the executive summary, business entity selection, legal steps for starting
the business, written agreement, contract, conflict resolution strategy, and business termination plan.”
Four to six references cited in APA 7th edition format.
Remember, you are submitting an outline this week; therefore, you must include the topic with two to three bullet points under
each required section. For more information on how to create a quality outline see attached document “Creating an Outline.
Part 2 – Project: Domestic Business Plan – Need in 2 weeks
As an entrepreneur, you want to start a business. You know that the first step is to consider drafting a business plan to organize all of
your ideas. For this assignment, you will be submitting a business plan for your imaginary business. For research purposes, you can
choose any state for the location of your business. Your business plan should include the following:
•
•
•
•
•
•
•
Introduction of the proposed business/executive summary
o The executive summary is often considered the most important section of a business plan. This section
briefly tells your reader where your company is, where you want to take it, and why your business idea
will be successful. If you are seeking financing, the executive summary is also your first opportunity to
attract a potential investor’s interest.
o The executive summary should highlight the strengths of your overall plan and therefore be the last
section you write. However, it appears first in your business plan.
Identify and describe the type of business entity that is best for your business.
o Examples may include partnership, limited liability company, or corporation, for example. (For
purposes of this assignment, you should NOT choose a sole proprietorship for your business entity.)
o Defend your choice of business entity (this may include advantages/disadvantages of the selected type
of business entity based on your business concept).
Describe the specific legal steps needed to be followed to successfully start the business.
o Note: Steps will vary, depending on the type of business you choose and the state in which you are
located.
o Good sources of research for this area include the following:
▪ Textbooks
▪ Review for information on the business formation
process https://www.findlaw.com/smallbusiness/incorporation-and-legalstructures/business-formation-quickstart.html
▪ The https://www.sba.gov/ will be helpful; it includes information on how to start a small
business.
Recommend and describe an appropriate written agreement for the particular type of entity chosen.
o Examples: Articles of incorporation, articles of organization or partnership agreement.
A draft of a valid contract with a vendor, supplier, or customer, for example, that illustrates all elements of a contract
and takes into consideration some of the topics discussed in Modules 6 and 7
o As a reminder, you are to draft your contract. Do not use templates found on the internet or elsewhere.
The use of these templates will dramatically impact your similarity index score and more importantly, it
does not fulfill the requirements of the assignments nor demonstrate your knowledge of the material.
Explain potential ethical considerations for your business, including any social responsibility plans or attitudes that
your business will embrace.
Describe a possible disagreement that could be encountered among the partners or investors and shareholders.
Recommend potential resolutions (referring back to the formal documents, such as the articles of incorporation or the
partnership agreement).
o Examples could include the introduction of a new product line, borrowing money for expansion, or an
advertising campaign.
•
Determine how the business would be terminated if the disagreement between the board of directors, shareholders, or
partners could not be resolved.
Your well-written plan should be eight to ten pages in length, not including the title or reference pages. Headings and subheadings
may help you organize your work. Include at least four academic or other legitimate sources to support your findings, not including
your textbook. Follow APA 7th edition guidelines.
Portfolio Project, Option 1- Bus Plan Portion
Part 1 – Outline – Need by Friday
This week you have an Outline and four to six References due on Sunday.
What you need to submit:
1.
2.
Create an outline of the required material …“i.e., for the executive summary, business entity selection, legal steps for starting
the business, written agreement, contract, conflict resolution strategy, and business termination plan.”
Four to six references cited in APA 7th edition format.
Remember, you are submitting an outline this week; therefore, you must include the topic with two to three bullet points under
each required section. For more information on how to create a quality outline see attached document “Creating an Outline.
Part 2 – Project: Domestic Business Plan – Need in 2 weeks
As an entrepreneur, you want to start a business. You know that the first step is to consider drafting a business plan to organize all of
your ideas. For this assignment, you will be submitting a business plan for your imaginary business. For research purposes, you can
choose any state for the location of your business. Your business plan should include the following:
•
•
•
•
•
•
•
Introduction of the proposed business/executive summary
o The executive summary is often considered the most important section of a business plan. This section
briefly tells your reader where your company is, where you want to take it, and why your business idea
will be successful. If you are seeking financing, the executive summary is also your first opportunity to
attract a potential investor’s interest.
o The executive summary should highlight the strengths of your overall plan and therefore be the last
section you write. However, it appears first in your business plan.
Identify and describe the type of business entity that is best for your business.
o Examples may include partnership, limited liability company, or corporation, for example. (For
purposes of this assignment, you should NOT choose a sole proprietorship for your business entity.)
o Defend your choice of business entity (this may include advantages/disadvantages of the selected type
of business entity based on your business concept).
Describe the specific legal steps needed to be followed to successfully start the business.
o Note: Steps will vary, depending on the type of business you choose and the state in which you are
located.
o Good sources of research for this area include the following:
▪ Textbooks
▪ Review for information on the business formation
process https://www.findlaw.com/smallbusiness/incorporation-and-legalstructures/business-formation-quickstart.html
▪ The https://www.sba.gov/ will be helpful; it includes information on how to start a small
business.
Recommend and describe an appropriate written agreement for the particular type of entity chosen.
o Examples: Articles of incorporation, articles of organization or partnership agreement.
A draft of a valid contract with a vendor, supplier, or customer, for example, that illustrates all elements of a contract
and takes into consideration some of the topics discussed in Modules 6 and 7
o As a reminder, you are to draft your contract. Do not use templates found on the internet or elsewhere.
The use of these templates will dramatically impact your similarity index score and more importantly, it
does not fulfill the requirements of the assignments nor demonstrate your knowledge of the material.
Explain potential ethical considerations for your business, including any social responsibility plans or attitudes that
your business will embrace.
Describe a possible disagreement that could be encountered among the partners or investors and shareholders.
Recommend potential resolutions (referring back to the formal documents, such as the articles of incorporation or the
partnership agreement).
o Examples could include the introduction of a new product line, borrowing money for expansion, or an
advertising campaign.
•
Determine how the business would be terminated if the disagreement between the board of directors, shareholders, or
partners could not be resolved.
Your well-written plan should be eight to ten pages in length, not including the title or reference pages. Headings and subheadings
may help you organize your work. Include at least four academic or other legitimate sources to support your findings, not including
your textbook. Follow APA 7th edition guidelines.