Class #11: Team Assignments & Business Plan Prep

Results from the voting by the 3 team CEO’s:

Brian Bell: CEO Team members: Alex Broadwater Lance Ophof Patrick Halter Alex Witkin Shane Yap

Natalie Cullers: CEO Team members: Amanda Fefel Caitlyn Merwin Marquita Taylor Emily Thompson Natalie Wilson

Ryan Montgomery: CEO Team members: Todd Carter Matt Diehl Ksenia Gouliaeva Jimmy Spamer Jonathan Teklu

The elements of the final business presentation should include:

Business description: 

a 3 to 5 page written description of the business, including an executive summary and bios of the key management executives. Risk factors and a description in written form of key elements of the financial projections are also recommended. The style and formatting should be similar to the IPO document assigned reading.

Financial projections:

spreadsheets detailing the start up budget for the first 12 months and continuing with annual projections for the two years after that. The style and formatting should be similar to the class assignments from previous weeks. Detailed budgets for marketing plan and the capital budget are recommended.

Slides presentation:

no more than 10 slides describing the business, the target market, the marketing plan, organizational chart, and other key elements for the business start up. The content should be similar to the class assignments from previous weeks, however, the formatting should be as professional looking as possible. This presentation will be given in class as practice, then comments on this performance will result in revisions.  The following week it will be recorded on video for the final decision on the winning team.

Additional recommended elements:

Public relations:  get a story in the press or in any media.

Website: using either your own resources or Google Sites, create a draft website for your business.

“Leave behind”: a promotional item or brochure that you give to potential investors at the end of your presentation that demonstrates your business idea.

Financial sources: a detailed list of potential financial sources similar to the class

assignment or some written “indication of interest".

Advisory board:  an impressive group of experienced business professionals that will assist with your start up.

Information on developing these business plan elements will be discussed at the next class.  The CEOs should begin developing the plan immediately and giving assignments to their team.  The Professor will be available via email for questions.

Please be patient on the grading of revised assignments.

Special Guest for Next Class:  Steven Masur will give a guest lecture on business start ups at the beginning of Class.  More information about Steve can be found at his website.