Proposal to Write Business Plan

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					Name _______________________________ Date _______________ Section _______


                      BUSINESS PLAN PROPOSAL
Create a business of your choice. For your business to succeed, you will need to draw
investors. Answer the questions below in as much detail as possible to convince those
potential investors that your company is a good investment.

PART I: BUSINESS PLAN IDEA
Write a summary of your business plan. Describe in specific terms the nature of your
business.

Business Plan Idea:
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Does your business provide a GOOD OR a SERVICE?
Explain:
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PART II: ANSWERING THE FOUR ECONOMIC QUESTIONS

1) How does your business plan address economic question #1: What good or
   service will be produced?
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2) How does your business plan address economic question #2: How will this good or
   service be produced?
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3) How does your business plan address economic question #3: How much of this
   good or service will be produced?
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4) How does your business plan address economic question #4: Who will get the
   good or service that is produced?
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PART III: USING THE 3 FACTORS OF PRODUCTION
Explain how your business will use the 3 factors of production. Make sure to list ALL
materials, machines and workers that will be required.

1. LAND
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2. LABOR
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3. CAPITAL
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