FIN 405 week 1 ASSIGNMENT 3 PART 1

You will be creating a business plan for a small business. You can begin your research for the project by looking at the information on the Small Business Administration Web site.

Decide what business you will be starting, which organizational style will be best for your business, and what various funding sources are available to you. Document your initial thoughts on funding, knowing that this might change as the course progresses.

Choose a business that manufactures a product in some quantity such as furniture, toys, or small appliances such as toasters, telephones, or electronics. The business cannot be a home-based business or a service-based business. If you are having trouble deciding on a business, you may use a business that manufactures the newest technology in handheld computing devices.

As you progress through the project, you should document all resources used while starting your business. For example, the Small Business Administration is a good resource and most states have resources for small business owners.