Business Plan Outline: Your business plan will not include any detailed financial data section. Please, do not copy a business plan from an existing company. The purpose of this business plan is to emphasize essential concepts within MGMT 390. Your Business Plan must be at least 12 pages and consist of the following: Title page – that includes your name, and course number Minimum of ten pages Reference page As Chief Executive Officer (CEO), you are going to take the lead in preparing the plan to kick start the restaurant operation. Sally has developed the minimum format guidelines to assemble the required information to build the Business Plan. The Business Plan must be updated, completed, and submitted in Module 8, where you will have the opportunity to include any final details needed for each section of the plan. Research: How to Write a Business Plan (SBA) (Links to an external site.). For a review of Legal Forms of Business, view the MGMT 390 Entity Comparison (PDF). Citations and references must be in the current Writing Style Guide format. Save your assignment using a naming convention that includes your first and last name and the activity number (8.3). Do not add punctuation or special characters. Be sure to submit your assignment before the due date! Access Mandatory Components to continue. https://learn.sba.gov/learning-center-plan/learnin… Introduction Present and describe the items you will use to address the concerns of your business plan. Set the stage for the framework that will become your business plan. Type of business (product or service) Describe the business, the product or services, location (Florida), and any other facts you want to report. Legal Form of Business Pick the appropriate form of business except for a sole proprietorship. (The company form may change depending on future events). Consider the costs associated with the chosen business form. Explain why you have selected this form of business from a tax, company, and personal liability perspective. Indicate the advantages and disadvantages of this legal form. Specify types of officers and duties that will be involved in the company’s management. Using the business’s location, review all state and federal requirements for starting a business. Using any new information or previously provided information, write a brief outline mapping the required steps required to qualify. Using the fictitious name that you researched for availability, attach the information collected from your search. Legal Setting of Business Expand upon the information you stated under the legal form of business. Describe any government laws or requirements that pertain to your business. Describe any zoning requirements for the business. Include any restrictions such as zoning, safety, environmental, easements, or other requirements. Location Requirements Describe the property or location of your business. Discuss the viability of the business in the chosen location from a population, transportation, and community income perspective. Have you considered transportation, ease of customer access, and utilities at this location? Considering the debt acquired to purchase the property and discuss the viability of the profitability. Business License Research and Costs Describe the business license and permit requirements for the location where you will be doing business (factor in the type of business and the impact it will have on the costs of governmental regulation). Check the city and county websites for business license requirements and the costs for the business license. Insurance Requirements Describe the types of business insurance required for operating this type of business. Is bonding required? If you have employees, describe the mandatory types of insurance to consider. Proprietary Rights Describe any Intellectual Property that your business may own or create. Consider trademarks, copyrights, design specifications, patents, and logos. Discuss the steps required to protect all intellectual property associated with the business. Employment Law and Requirements Attach a copy of the search for federal Labor laws obtained from your research of federal Employment Regulations. Describe your decision to hire or not hire employees vs. independent contractors. Review IRS.gov for guidance on mandatory taxes. Purchase Orders and Contracts What foreseeable types of pricing arrangements are you underneath? Contract pricing arrangement examples are firm fixed price, fixed price with economic price adjustment (EPA), etc. Are the other Regulations that are required based on the mix and government contractor status cost-effective? Government contracts, direct hires, particular needs? For other types of contracts, are you considering labor, time and materials, or multiyear- type? Support your contract types with justification. Why are you planning on using these purchase orders and contracts? Torts and Crimes Protection Describe the types of torts and crimes relating to your business that you will have to protect from damages and disputes. Property and Requirements Describe any company property (equipment, computer systems, or building requirements) that may be necessary for startup and planned for business operations. Do you plan on leasing, renting, or buying any business property? Please support your decision. UCC Considerations You will learn in this course, that the Uniform Commercial Code (UCC) governs many types of business requirements such as contracts for lease or sale of goods, transactions, fraud, the passing of title, risk of loss, and other contract requirements. Describe how you plan to comply with the UCC for your business. Other Considerations Describe any other requirements you have learned in this course that you will have to consider in starting, operating, and eventually closing your business. Conclusion Your Plan Conclusion should summarize the main concepts addressed in this paper. Restate the blueprint of your businesses’ success. Restate important ideas and recap your findings.

Mastering the Art of Online Learning: Your Guide to Acing Online Courses

Introduction

In recent years, the popularity of online courses has skyrocketed, offering learners the flexibility to acquire new skills and knowledge from the comfort of their homes. However, succeeding in online courses requires a different approach compared to traditional classroom settings. To help you make the most of your online learning experience, this article presents essential strategies and tips to ace your online courses.

1. Set Clear Goals and Plan Ahead

Before embarking on an online course, establish clear goals and objectives. Determine what you hope to achieve by the end of the course and break down your goals into manageable milestones. Create a study schedule that aligns with your other commitments, ensuring you allocate dedicated time for coursework, assignments, and revision.

2. Create a Productive Study Environment

Establishing a conducive study environment is crucial for online learning success. Find a quiet, well-lit space where you can concentrate without distractions. Remove any potential interruptions, such as notifications from social media or email. Organize your study materials and have a reliable internet connection to ensure seamless access to course materials.

3. Actively Engage in the Course

Active participation is key to mastering online courses. Engage with course materials, including videos, readings, and interactive components. Take comprehensive notes, highlighting key concepts and ideas. Participate in discussion boards, forums, and virtual meetings to interact with instructors and peers, fostering a sense of community and enhancing your understanding of the subject matter.

4. Manage Your Time Effectively

Online courses offer flexibility, but it’s essential to manage your time wisely to avoid falling behind. Create a detailed schedule, allocating specific time slots for coursework, assignments, and studying. Break down larger tasks into smaller, manageable segments to prevent procrastination. Prioritize tasks based on deadlines and dedicate focused time to each one, ensuring consistent progress throughout the course.

5. Develop Effective Communication Skills

Online courses often rely on written communication, making it crucial to hone your skills in this area. Be concise and clear in your written responses, paying attention to grammar and spelling. Actively participate in discussions, asking thoughtful questions and providing constructive feedback to your peers. Regularly check your course emails and notifications, ensuring you stay updated with any important announcements or changes.

6. Utilize Available Resources

Take full advantage of the resources provided by your online course platform and instructors. Familiarize yourself with the learning management system (LMS) and explore its features. Access supplementary materials, such as textbooks, lecture slides, and external resources recommended by instructors. Utilize online libraries, research databases, and tutorial services to deepen your understanding of the subject matter.

7. Stay Motivated and Engaged

Maintaining motivation throughout an online course can be challenging, particularly when faced with competing priorities or a lack of face-to-face interaction. Set short-term goals and reward yourself upon their completion. Connect with fellow learners through virtual study groups or online forums to foster a sense of camaraderie. Regularly remind yourself of the benefits and personal growth associated with completing the course successfully.

8. Seek Support and Clarification

Don’t hesitate to seek support or clarification when needed. Reach out to your instructors for guidance or clarification on course material. Utilize online discussion forums to ask questions or engage in collaborative problem-solving. Leverage the support services provided by your course platform or institution, such as technical support or academic advising.

Conclusion

Online courses present unique opportunities for self-paced learning and personal growth. By setting clear goals, creating a productive study environment, actively engaging with course materials, and managing your time effectively, you can maximize your chances of acing online courses. Remember to stay motivated, seek support when needed, and make the most of the available resources. Embrace the flexibility and adaptability of online learning to achieve your educational goals.