Initiate the business planning process by identifying their product or service
Weekly tasks or assignments (Individual or Group Projects) will be due by Monday and late submissions will be assigned a late penalty in accordance with the late penalty policy found in the syllabus. NOTE: All submission posting times are based on midnight Central Time.
Complete the following:
Review the assigned reading for this phase.
Watch this video.
Provide 3 examples of businesses that do something similar to what you hope to do, and include a response to each of the following questions:
What is the business’ “why” for its venture?
What is your “why” for your choice of business?
Clearly articulate what your business will do, including the following:
Explain your production–distribution chain.
Identify your suppliers.
Describe your ideal location, and explain why it is ideal.
Reference
Sinek, S. (2010). How great leaders inspire action [Video]. Retrieved from http://www.ted.com/talks/simon_sinek_how_great_leaders_inspire_action.html
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