You will develop a Business Growth Plan for an existing business to expand into Southern Maryland or for a new startup business that has not yet been created.

An existing business can be a corporation, non-profit, or small business. If you would like to create a plan for a new, non-existent business, you must first discuss with and receive permission from your instructor. With either option you choose, you will create a plan for growth of this business in Southern Maryland.

Use the outline below as a checklist for your Business Growth Plan. Your second submission for your Business Growth Plan should include the following main sections

1. Products -
   1.  Detailed description of products or services.
      1. What are the categories of items that are offered? For example, if you are a grocery store, you would list products such as canned goods, frozen food, meats, home supplies, candy, etc.
   2. Customers. -
      1. Who are your customers for your products or services?
   3.  Uniqueness and Market Niche.
      1. How are your products or services distinguished from other similar or competing products/services in the marketplace?
2. Management and Governance
   1. Legal Structure of the Business.
      1. What is the legal structure of the business (proprietorship, partnership, franchise, or corporation)?
      2. Why did you choose this form of ownership?
      3. What are the advantages and disadvantages of the form you chose?
3. Operations:
   1. Personnel required.
      1. How many employees do you plan to hire initially?
   2. What are your personnel policies (breaks, food included, uniform Customers. -
      1. Who are your customers for your products or services?
4.  Management and Governance
   1. Salaried Personnel.
      1. What are the skills, education, training, and experience of your personnel?
   2. Management of the business.
      1. What are the duties that need to be performed? Prepare a Job Description for each.

 * Place in Appendix: Create an organizational chart displaying the structure of the business from top to bottom. Include the following management positions at a minimum:

1. 1. 1. President/CEO (depending on your form of business organization)
      2. Marketing Director
      3. Human Resources Manager
      4. Purchasing manager
      5. Director of Finance/CFO