Operations, technology, management, and social responsibility plan

Part 1: Business Plan
Write a 4–8 page paper, in MS Word, in which you provide the specified information in each section.
Operations Section (1–2 pages)
Notes

Assign a dollar amount to each operational cost you find; you will need these figures for your financials (Business Plan Financials Excel Template).

Instructions

Create an operations plan for your selected company expanding on each of these topics:

Facilities.

Consider questions such as these regarding facilities:

Will you rent or buy your facilities, or will you outsource production to an existing company?
If you are renting or buying your facilities, what utilities will be required to run the operation?
What will be the costs associated with any necessary utilities?

Production Process or Description of How Your Business Will Operate If Retail or Service Company.

Include any equipment you plan to use, if applicable.

Research needed equipment, such as machines, refrigerators, burners, ovens, and so on.
Will you rent or buy needed equipment?
How will you maintain and clean the equipment?
How will you ensure quality control?
What capacity do you intend to reach?
If you have a retail or service business, consider any equipment you might need in your process.

Explain your approach to inventory, as applicable.

Where do your supplies come from?
What is your turnaround time to produce your product once you have received an order?

Research and Development.

How will you stay abreast of new developments in the industry?
What new products or services are in development?

Personnel Needs in Operations.

How many operations employees do you plan to have?
What will their roles be?

Technology Section (1–2 pages)
Notes

Assign a dollar amount to each technology cost you find; you will need these figures for your financials (Business Plan Financials Excel Template).
Consider the type of technology your selected company will use to conduct activities, such as managing personnel; taking, fulfilling, and tracking orders; managing inventory; communicating with customers and providing customer service; and producing your product or providing your service.

Instructions

Create a technology plan for your selected company expanding on each of these topics:

Software Needs.

Examples of software you might need include graphics, customer relationship management, accounting, inventory, and office suite.

Hardware Needs.

Examples of hardware you might need include computers, monitors, servers, routers, and tablets.

Telecommunication Needs.

Examples of telecommunication equipment you might need include phones, Internet, fax, and mobile phones.

Personnel Needs in Technology.

Will your technology personnel be in-house or outsourced?

Management and Organization Section (1–2 pages)
Notes

Be sure to include the salary costs associated with the management personnel; you will need these figures for your financials (Business Plan Financials Excel Template).

Instructions

Create a management and organization plan for your selected company expanding on each of these topics:

Key Management Employees.

List key management team members along with a several sentence description of each person’s relevant business background and responsibilities.

Advisors.

List any people you will use as advisors for your business; include a several sentence description of these individuals’ areas of expertise and their expected contribution to the business.

Management Hierarchy.

Outline your company’s management hierarchy using the flow charts on page 248 of your textbook as a guide.
Import/include all charts or diagrams into the MS Word document.

Social Responsibility Section (1–2 pages)
Notes

Chapter 14, “Social Responsibility