As an entrepreneur, you want to start a business. You know that the first step is to consider drafting a business plan proposal to organize all of your ideas. For this assignment, you will be submitting a business plan proposal outline for your imaginary business. For research purposes, you can choose any state for the location of your business. Your business plan outline should include the following: Introduction of the proposed business (200-300 words)
Description and explanation of the type of business entity that is best for your business (200-400 words)
Your business should be a partnership, corporation, or another type (For this assignment, you should not choose a sole proprietorship for your business entity.).
Provide an explanation for your choice of business entity (advantages or disadvantages of the selected type of business entity).
Description of the specific steps that need to be followed to successfully and legally start the business (500-700 words)
There are certain things that people in the business world frown upon. Things like lows in the economy, housing crisis,…
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