Management

Requirements

Your submission must be your original work. No more than a combined total of 30% of the
submission and no more than a 10% match to any one individual source can be directly quoted
or closely paraphrased from sources, even if cited correctly. The originality report that is
provided when you submit your task can be used as a guide.
You must use the rubric to direct the creation of your submission because it provides detailed
criteria that will be used to evaluate your work. Each requirement below may be evaluated by
more than one rubric aspect. The rubric aspect titles may contain hyperlinks to relevant portions
of the course.
Tasks may not be submitted as cloud links, such as links to Google Docs, Google Slides,
OneDrive, etc., unless specified in the task requirements. All other submissions must be file types
that are uploaded and submitted as attachments (e.g., .docx, .pdf, .ppt).

Create a business plan for your hypothetical start-up company in which you do the following:

Note: You are required to utilize both the attached “Business Plan Template” and the attached
“Financial Plan Template” in creating your business plan. If the attached WGU templates are
not completed and submitted, your work will automatically be returned to you without being
evaluated. These templates are located in the “Supporting Documents” section of the Capstone
instructions .

A.  Write an executive summary (suggested length of 1–2 pages) in which you do the following:
1.  Identify the company’s name and location.
 Symbright LLC. Online Retail
2.  Describe the mission of the company.
 Provide quality products in areas where owner has an interest.
3.  Discuss two business goals in support of the company’s mission.
 Quality gaming computers and high customer satisfaction.
4.  Discuss three keys to success for the company.
 Quality products
 High customer satisfaction
 Low product returns
B.  Write a company summary (suggested length of 4–6 pages) in which you do the following:
1.  Describe the history of the industry in which the company will operate.
2.  Identify the legal form that the company will take.

 LLC – Texas Sole Ownership
3.  Describe the location and type of facilities needed for the company.
 Home business but will expand as space is needed
4.  Describe the management structure, including key positions and specific responsibilities.
 Owner/Manager/IT – Does all below until additional resources are needed.
 Customer Support – First hire, initially will also support prep and shipping.
 Prep/shipping
 Accounting – Outsourced until full time person is needed.
 Each group listed above will increase in size as business grows.
5.  Describe the products and services offered by the company.
 ???
C.  Develop a market analysis (suggested length of 3–5 pages) in which you do the following:
1.  Describe the target market for the company’s products and services, including the specific
location, demographics, etc.
2.  Complete an industry analysis for the company, including current trends and statistics.
3.  Complete a four-square SWOT analysis for the company in which you do the following:
a.  Identify three strengths, three weaknesses, three opportunities, and three threats.
b.  Explain each of the identified strengths, weaknesses, opportunities, and threats.
D.  Develop a market strategy (suggested length of 3–6 pages) in which you do the following:
1.  Discuss each of the four Ps of marketing as they relate to the company’s products and
services.
2.  Develop a price list for the company’s products and services.
3.  Develop a promotional strategy including specific tasks, target dates, and responsible
parties.
4.  Develop a monthly sales forecast for the first year of operations, including a discussion of
expected market conditions.

Note: The sales forecast will be used as the basis for your revenue in your financial
statements.

E.  Develop an implementation strategy in which you do the following:
1.  Summarize the overall strategy that will be utilized to launch your business, including
target dates and goals for implementation.
2.  Develop a post-launch monitoring plan (e.g., financial impact, quality control, customer
satisfaction, monitoring schedule) to evaluate the success of the company in meeting
milestones.

F.  Calculate and develop the financial statements and projections for the first year of business by
doing the following:
1.  Develop a month-by-month forecasted profit and loss statement using an estimate of
revenues and operating costs based on the sales forecast.
2.  Develop a forecasted balance sheet for the end of year one.

G.  Write a financial report (suggested length of 1–2 pages) in which you do the following:

1.  Summarize the financial projections and the assumptions used in estimating the financial
statements.
2.  Describe the company’s financial position at the end of the first year.
3.  Describe the company’s initial and future estimated capital/investment needs.

H.  Acknowledge sources, using in-text citations and references, for content that is quoted,
paraphrased, or summarized.

I.  Demonstrate professional communication in the content and presentation of your submission.

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