Business Plan Development - BS in Financial Management Capstone
Categories
Financial modeling Market research Operations Competitive analysis Market expansionSkills
financial management business planning persuasive communication research operationsStudents can develop business plans which can be used to acquire capital and to guide operations. An important element of a successful plan is to demonstrate the viability of the venture. A business plan usually includes a clear statement of the nature of a business venture, the business opportunity, the steps to be taken to capitalize on the opportunity, and the financial requirements. For acquiring capital, the business plan creates a clear, coherent, persuasive argument on behalf of the business. For guiding the operations, the plan is also clear and coherent as it provides specific guidance for the business.
Please note: Projects will be a better match for our students when the industry sponsor already knows the opportunity and is looking for student consultants to vet an existing idea rather than having students come up with the product idea or market niche on their own.
Deliverables are negotiable and will seek to align the needs of the students and the organization.
Project deliverables might include a comprehensive report identifying the opportunities, research conducted, research analysis, and recommendations.
Project Examples
Student(s) can work with your company to identify opportunities, conduct research, perform analysis, and make recommendations.
Some of the possibilities include:
- Expanding into new markets.
- Offering new goods and services.
- Improving current procedures and processes to enhance efficiencies and cut costs.
Companies must answer the following questions to submit a match request to this experience:
Be available to meet with the instructor to initiate your relationship and confirm your scope is an appropriate fit for the course.
Provide a dedicated contact person who is available for weekly drop-ins to address students’ questions as well as periodic messages over the duration of the project.
Provide students with an opportunity to present their work and receive feedback.
Provide students with relevant and timely information/data for the project.
Please provide the email addresses of team members available to support students during the project work. If you are comfortable sharing phone numbers, that would be appreciated as well.