Business Planning Worksheet
Instructions: For your first assignment, you will be filling out a Business Planning Worksheet. Using the provided template, you will work on outlining some initial information that you’ll use to create a Business Plan for an existing business (one you currently own or work at) or one that you hope to create. Within the template, you’ll first identify the Business Structure of your company whether it’s a sole proprietorship, partnership, corporation or other, and explain why you chose that structure. Next, you’ll provide a brief product description that explains your product or products and the need that they fill in the market. After that, you’ll list the price per unit that your products will be sold for. Then, you will identify the Direct and Indirect costs associated with the business, and determine potential profits using the provided formula. Lastly, you will research and identify an accounting software program that would be suitable to record, summarize, and report your business transactions. You’ll also discuss why you chose it. Typed in a Word document using the provided Template
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