Title: (Optional) Develop a launch plan.
Course: Entrepreneurship, Advanced (12053-II) > Section: Starting an Entrepreneurial Business

Development should include coordinating all elements pertaining to

- facilities
- employees
- merchandise
- equipment
- licenses and certifications
- insurance and legal requirements
- marketing.

Development should include coordinating the most common elements of a launch plan:

- Executive summary
- Product description
- Target audience
- Key messaging
- Measurable goals
- Important dates and milestones
- Designated team members
- Marketing channels

Process/Skill Questions:

- How does a business determine its staffing needs?
- How does an entrepreneur organize items that must be completed before opening a business?
- What are common problems encountered by entrepreneurs when opening a new business?
- Why is employee training important?
- Why is it important to set up a timeline?
- How can new technology play a role in helping a business streamline costs and track sales and inventory?
- What type of local government and community support is available to assist the opening of a new business?
- How does the opening of an online business differ from a traditional brick-and-mortar business?