Foundation/Structural Knowledge of Entrepreneurship
Executive Summary & Pro Forma, Develop an understanding of the key components of a Business Plan
Business Proposal, Organize/Clarify Proposal for your "Dream Business"
Develop Finance Plan for a New Business
Develop "Know How" to "Run the Numbers" for a Potential New Business
Understand the Cost & Time Requirements for Setting Up a New Business
Understand from the Investor's Perspective their Yes/No decisions
Learn how to make the Yes/No decision as to whether you should move forward with time and resource commitment on the proposed business
Research Paper on Executive Summaries & Pro Forma
Based on Business Proposal
First Year (Month-by-Month)
Years 2-3 Annualized
Break Even Analysis
Assumptions on Pro Forma
Chapter PowerPoint Slides
Pro Forma, Sample Template, Pro Forma Podcast
Dr. Cheek Bio Podcast
Contact Information, eMail, Telephone, Skype, Facebook, Twitter
This is a senior level class & many students haven't developed a resume. This bonus assignment will provide input by your instructor and sources for assistance in the preparation of your resume.
This is an online class & you will be interacting with other students in the class. This bonus assignment will allow you to introduce yourself to the other members of the class.
The readings from the chapters & chapter quizzes will provide a foundation knowledge in the core components of Entrepreneurship
The Midterm exam will measure your understanding of Entrepreneurship, Idea to Opportunity, & the Key Components of a Business Plan. This knowledge will be used by you as you begin the development of your Business Plan.
The Final Exam will measure your understanding of Entrepreneurship, how move from planning a business to actually funding it, and finally launching, growing, and ending the business.
Project Proposal & Research, This research paper has two (2) components: 1.) Business Proposal - you identify the "dream business" that will be used in the development of your Business Plan, 2.) you will research and write a two (2) paper on the Executive Summaries & Pro Formas. These are two of the key components of a Business Plan. Armed with this information/knowledge, you will be ready to develop your Business Pro Forma.
Business Pro Forma, Using the tacit knowledge obtained in their Research Project, students develop a Pro Forma. The development of the Pro Forma will provide students with an understanding of the financial decision process when determining the GO/NO GO as to whether to start a new business. In this project, students will learn how to develop a spreadsheet that will project revenues, expenses, and the amount of funds required to start their proposed "dream" business.
Final Project, Students will received detailed comments from the professor on their Pro Forma developed in the previous product. After making the suggested changes, students will learn how to determine how long it will take to make the business profitable and to make the final decision as to whether or not to move forward with the development of the business. For students, the culmination of these projects will result in learning a skill set that is commonly know in the business world as being able to "run the numbers" on business opportunities.