BUS101: Introduction to Business

2.2: Business Plan

• Exploring Business: "Chapter 5: The Challenges of Starting a Business"

  Read Chapter 5 and complete the exercises at the end of each section. To learn about the purpose and creation of a business plan, focus on section 5.6.
  

• 2.2.1: Components of a Business Plan

  • U.S. Small Business Administration: "Write Your Business Plan" Page

    Explore each of the elements of the Business Plan.
  • U.S. Small Business Administration: "Choose Your Business Structure" Page

    Review the various options and select two business structures to compare and contrast. You will write about these structures in the following writing activity.
    

  • Writing Activity: Comparing Business Structures

    Using what you learned from the resource above, compare and contrast the various components of these two types. Be explicit in providing the pros and cons of each option examined. This comparison and contrast paper should be approximately 800-1000 words.
    

• 2.2.2: Break-even Analysis (Planning Tool)

  • Exploring Business: "Section 10.6: Breakeven Analysis"

    Read this section and attempt the exercises at the end of the section.

• 2.2.3: The Role of Corporate Taxes

  • Tax Foundation: "Taxes and Growth" Page

    Read this article about the impact taxes have on the U.S. economy. Be sure to view the short video within the text for additional information.