Accounting and Finance Foundations

Unit 12

Accounting and Finance Foundations Unit 12: Budgeting and Business Plans 949

Student Assignment

Budgeting and Business Plans

Lesson 29.4

Business plans are an effective tool for evaluating, organizing, and selling a new business concept. A well-

developed business plan can be a key component of a successful business start-up. This assignment allows

you to demonstrate an understanding and mastery of the process required in developing and implementing

a new business venture.

Directions: Team up with one or two of your classmates (two or three students per group) to develop a

written business plan. Base your business plan on a proposed business venture or current business that

has been in operation for less than 12 months. Be sure to use the Business Plan Report Rating Sheet as a

guide while preparing your business plan.

Culminating Project—Creating a Business Plan

Chapter 29