People are the key success to your business. Complete the management section of your business plan, and share it here.
Forum and Assignment
Week 6 forum for ENTR 311 class for which details are below <===
Management & Organization (PO9, CO3, ILO.B.SK.4, BIS3, AL.2)
People are the key success to your business. Complete the management section of your business plan, and share it here. It should include: your key personnel, line of authority, management style, and organization plan. Also share: What management strengths and weak points did you find? Why? How can you capitalize on your strengths? How can you improve upon your weak points? Why is this a challenge for today’s entrepreneur?
Please respond to at least 2 other students
===> Week 6 assignment for ENTR 311 class for which details are below <====
Week 6 – Development and Milestones
Instructions:
Create your company vision, Priorities, Milestones Achieved to Date, Future Milestones, and the Exit Plan Options. Compile the information into the Development and Exit part of your business plan. Provide a narrative that explains your best exit plan options. How did you arrive at that decision?
Please review attached assignment rubric
Minimum 2 pages
Business Professional Format
Do not submit an entire business plan
The business is on hair extensions.
Answer Preview………
The company has already achieved several milestones, they include establishment of product into the market and development of a marketing strategy. The first development milestone will be the development of an effective business plan by the end of 2019. This will encompass how business work. The second milestone will be landing on the first repeat client by 2020. This will be facilitated by cold calling, existing contact, and personal recommendations. The other milestone will be accomplished by the end of 2020, and it includes the establishment of a realistic and improved business plan. This will be achieved by learning about new tools available for marketing. The last milestone includes hiring and training of a strong team. This may be achieved by hiring a virtue contractor or assistant to do the recruitment process……….
APA 566 words