Define your business, state its mission, and explain its general strategy. See the posted outline of this part under Course Materials. For strategy, the handout provides simple guidance, but refer to the Strategy Slides under Course Materials for deeper insights into the nature of the focused firm and the other generic strategies.
Remember to reply to two other students as well. An updated version of this part should form the first part of your actual business plan in Week 8, so take your fellow students’ advice to heart. The version that appears in your business plan should be an improvement from this one, rather than merely a duplicate.
The minimum length for this assignment is quite short (250 words), but write as much as seems to be necessary to convey your idea accurately. There is no penalty for writing a lot. You are the entrepreneur in this scenario, after all. You need to be free with your ideas. You are also free to change your mind about your idea along the way.
for my business plan idea you can come up with anything
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