Production and Consumption

Image of man in suit.Imagine that you have decided to start your own business and that you are going to present your idea to the Small Business Administration in Virginia. In order to be approved to operate, you will need to create a slide show or presentation about your business to educate others about your business plans. Be sure to include the following:

  • The type of business and why you chose that form of organization (sole proprietorship, partnership, etc.).
  • How you will overcome the disadvantages for that type of business organization
  • The name of the business and what you will sell
  • The days and hours of operation (if applicable)
  • The names of competitors in your industry, if they exist, and how you will differentiate your products from theirs
  • Some of the fixed and variable costs that you expect to incur
  • Which consumers (households) you will try to reach with your business (target market – teenagers, parents with young children, older people, etc.)
  • How many employees you expect to have

Include any images, video, or other multimedia components if needed, and make sure to create a presentation that would be interesting to the person viewing it. If you use any supplementary resources, please be sure to properly cite those resources with an accompanying bibliography. Refer to the Developmental Module for information on how to properly cite sources. Before you begin your assignment, please view the Business Presentation Rubric so that you understand how your assignment will be graded.

icon
Once you have completed your presentation, submit your assignment to the dropbox.