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BARBERSHOP BUSINESS

BARBERSHOP BUSINESS

In this section of your business plan, you will create a timeline outlining the interrelationships and timing of major events planned for your venture. Make sure that your deadlines are realistic and attainable.

Provide an overview of any assumptions that you have made when writing your plan, such as how your business will operate and what economic conditions you have assumed.

Identify a comprehensive list of possible risks to your business and what alternative plans you’ve made to address these risks.

Finally, outline any benefits to the community (economic, community, or human development) that your business will provide.

 

 Business Plan Milestone Six: Timeline, Critical Risks, Assumptions, and Benefits to Community. The format should be:

 

  • A timeline outlining the interrelationships and timing of major events planned for your venture. Make sure that your deadlines are realistic and attainable.
  • Provide an overview of any assumptions that you have made when writing your plan, such as how your business will operate and what economic conditions you have assumed.
  • Identify a comprehensive list of possible risks to your business and what alternative plans you’ve made to address these risks.
  • Finally, outline any benefits to the community (economic, community, or human development) that your business will provide.

 

  • Milestone Six should be 500–600 words in length.
  • This milestone is graded separately. Use the Final Project Rubric to structure feedback.
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Category: Sample Questions