1 [Business Name] [Entrepreneur’s name] [Date]

2 Business Profile • [Explain your business idea and why you selected your business] chapter 1 Explain your type of business: [Service, Retail, Manufacturing, Wholesale] & how your business will satisfy a consumer need.] chapter 2

3 Qualifications [ List 3 skills or resources that you have that will help make your business successful]

Economics of One Unit chapter 9 4 Definition of One Unit Selling Price per Unit $ (A) Direct Labor (if applicable) $ (B) Materials (if applicable) $ (C) Total COGS Per Unit (B+C) $ (D) Other Variable Costs (outgoing shipping, packaging, commissions) $ (E) Total Variable Costs (D+E) $ (F) Gross Profit Per Unit (A-F) $

Cost of Materials/Direct Labor Chapter 2 5 Definition of One Unit: Direct labor (wage per hour) (A) Time (in hours) to make one unit (B) Direct labor cost per unit ($) (A*B) $ TOTAL $ (C) Material Description Cost /Quantity Cost per Unit ($) $ (D) TOTAL MATERIALS/DIRECT LABOR(C+D)

Competitive Advantage Chapter 8 6 Competition Chapter 8 Competitor Price Location Quality [ex. Local seller] [ex. National chain] Competitive Advantage Chapter 8 • [List 2 reasons why customers will purchase your product or service over your competitor’s.] chapter 8 (Remember: Lowest price is not a sustainable competitive advantage.) •

Marketing Mix & Plan chapter 10 7 Price: Place: Product: Promotion: (Use the chart below) Method Description Target Consumer ( age, gender, location) Cost

Philanthropy Plan chapter 10 8 Philanthropy Plan chapter 10 [Describe how your business will give back to the community or support a cause that you believe in.] [Explain how you will incorporate philanthropy into your marketing plan.]

Average Monthly Fixed Costs chapter 9 Type of Fixed Cost Monthly Cost Entrepreneurial Stipend [hours x (minimum wage + $1-$5)] $ [enter fixed cost] example: utilities, salaries, advertising, etc [enter fixed cost] TOTAL Fixed Monthly Costs

Monthly Sales Projection Chapter 13 10 Month Units Sold January February March April May June July August September October November December Total =

Projected Yearly Income Statement chapter 13 11 Projected Yearly Income Statement chapter 13 Selling Price Per Unit $ (A) # of Units Sold (B) Total Sales (A*B) $ (C) Less Variable Costs Total COGS (COGS per unit * B) $ (D) Other Variable Costs (Other variable costs per unit * B) $ (E) Total Variable Costs (D+E) $ (F) Gross Profit (C-F) $ (G) Less Fixed Costs USAIIRD (Yearly) $ Unforeseen Total Fixed Costs $ (H) Profit before Taxes (G-H) $ (I) Less Estimated Taxes @25% (I * .25) $ (J) Net Profit (I-J)

Start-up Investment chapter 14 12 Entrepreneurial hours needed for start-up (A) Minimum wage + ($1-$5) (B) Total start-up time investment (A*B) $ Description of Supplies Vendor Name Price CASH RESERVE covering 3 months of fixed costs Estimated TOTAL START-UP INVESTMENT

Financing Strategy for Total Start-up Investment chapter 14 13 Source Amount Personal Savings [ How will you save?] $ Relatives/Friends Investor [Who is it?] Grant [From Whom?] Total: $

Return On Investment Chapter 14 Return on Investment (ROI)chapter 3 Yearly Net Profit ÷ Start-up Investment X 100 % For every $1 dollar invested, my business earned : $ (Double click on chart to add information)

Return On Sales chapter 14 15 Return on Sales (ROS) Yearly Net Profit ÷ Total Sales X 100 % For every $1 dollar of sales, my business earned : $ (Double click on chart to add information)

Business & Educational Goals 16 Business & Educational Goals Business - [enter short term goal] - [enter long term goal] Educational - [enter short term goal] - [enter long term goal]

Time Management Plan Business schedule for a typical week 17 Time Management Plan Business schedule for a typical week Entrepreneurship Hours: [enter hours] School Hours: [enter hours] Work Hours: [enter hours] Free-Time Hours: [enter hours]

[Enter your mission statement (or slogan if applicable)] Thank you for your consideration of [Enter company name]