Mini Venture Business Plan On this slide include your business name, logo, dates and time of day that your business was open. Throughout your presentation, remember – no more than 5 bullet points per slide and no more than 5 words per bullet. 1

Venture Capital Investment Example: Our venture is asking for $8,000 to operate for the remainder of the school year. On this slide, ask the class dragons for a capital investment for operating your venture for an entire year here at the school. Each investor has $5,000 to spend (total on all groups). The minimum asking investment is $5,000 and the maximum is $20,000.) Assume you will operate your venture three days a week for the remainder of the school year. 2

The Pitch The Entrepreneurial Opportunity: The Entrepreneurial Idea: 3 1.What is your Entrepreneurial Opportunity? (what was the problem?) 2.What is your Entrepreneurial Idea? (what was your solution?) 3

Venture Description 4 1.Describe what your venture will do. 2.What products or services will you offer? 4

Ownership Information Your business is a partnership; 1.Include the names of all the entrepreneur ownership in the venture, 2.what each person’s responsibilities were, 3.Describe your partnership agreement (What did you decide on for responsibilities, revenue and expense sharing, etc. 4.Based on your three day market test - would you change the agreement in the future or keep it the same? Why or why not? 5

Market Research What were the two most important questions from your survey that helped your operate your venture? Why?

Market Research Results What were the results of those two questions? Display the results. 7

The Product Include separate detailed descriptions of your products, at least 1 picture of each is required. (You may create more than one slide for this if you need to). 8

SWOT Summary Strengths Weaknesses Opportunities Threats 9 Summarize what you learned from your SWOT analysis. 1.What are the strengths? 2.What are the weaknesses? 3.What are the opportunities? 4.What are the threats? 9

Competitive Strategy Why will customers want to buy from you instead of from your competitors?

Location and Facilities 1.Describe where your venture will be located. 2.What facilities will you need? (i.e. fridge, freezer, toaster, etc.) 3.Was your location an advantage or disadvantage for your business? 4.Explain why. 11

The Production Process Explain how you set up your business, from the moment you bought your resources to the moment you sold your product to your customers. 1.What are the steps in your production process? 2.Describe the steps you will take to control the quality of your product or service. 3.How will you keep track and look after your inventory? 12

Marketing: Venture Billboard 1.Place an image of your billboard on this slide. 2.Was it effective in attracting customers to your venture? Why or why not? 13

Marketing: Venture Sign 1.Place an image of your store sign here. 2.Was it effective in attracting customers to your venture? Why or why not? 14

Marketing Strategies Other than your billboard and store sign, in what other ways did you market your business venture? (for example; punch cards, advertising in the daily news, samples, etc.)

3 Day Forecast 1.What did you predict your revenue would be over three days? 2.What did you predict your expenses would be over three days? Show your predictions for each day of the venture. 16

3 Day Actual 1.What was your revenue over three days? 2.What was your expenses over three days? Show your results for each day of the venture.

Forecast vs. Actual Describe the difference between your predictions and the actual results of your venture. 18

Cost per Unit of Sale Cost per Unit of Sale One unit is Selling price per unit $ Variable Costs Cost of 1 unit Total variable cost per unit Gross Profit per unit (selling price – variable costs) ***REFER TO CALCULATING PRODUCT COST - NADINE’S NECKLACES** Calculate the cost of one unit of sale and your gross profit per unit for your venture. You may need to create multiple slides for every different unit of sale you have. 19

Operating Costs Fixed Costs Item Total Cost Rent $ Utilities Sales and marketing Insurance Total fixed costs Determine the fixed costs for your venture. Utilities was 30 cents per day. Insurance was 20 cents per day. Deduct both Utilities and Insurance from the rent you paid.

Start-Up Cost Start-up Cost You Paid Angel Investors Paid $ Total 21 1.Where did you get the money for your start-up costs? 2.Did you pay back your investors (if applicable)? 21

Customers Day 1 Day 2 Day 3 How many customers did you have each day? 22

Pricing Strategies 1.How did you decide your pricing strategies for your products? 2.Did you change your pricing strategies during your venture? 3.Where the strategies you used effective? Why or why not? 23

Revenue Unit of Sale Total Revenue $ Total 24 What was the total revenue for each unit of sale and total? 24

Expenses 25 Expenses TOTAL Fixed Costs Variable Costs Start-up Costs   Variable Costs Start-up Costs Total What was the total revenue for each unit of sale and total? 25

Total Profit or Loss Revenue $ Expenses Net Profit (or Net Loss)

Closing the Deal Again, remind the class dragons of your asking price for a capital investment for your venture. (3/3 – Explain how the money will be used effectively).

The End (Thank your audience and ask if they have any questions) 28