Prepare a one-page executive summary (8 marks) to be placed prior to the Table of Contents

1‌‍‍‍‌‍‍‌‌‍‍‍‌‍‍‍‍‌‍‍. Executive Summary: Prepare a one-page executive summary (8 marks) to be placed prior to the Table of Contents using the format presented in class. Include a Mission Statement (2) at the top of the summary. The foundation for your final presentation. (10 marks) 2. Calculate your Break-Even Point (4) using a weighted average calculation if appropriate. Include details of fixed (2) and variable (2) costs and show your calculations. Discuss the viability of meeting or exceeding the BE point in the first year of operations.(2) (10 marks) 3. Prepare a detailed Gantt Chart for Start up. This should include all costs to get the business started and timelines indicating when and for how long each activity will take. (10 marks) 4. Determine the appropriate Legal Structure (5) for your business and discuss why it is the best solution. In addition, prepare a list of all risks in the business and in table format (3), indicate whether it is lo/med/hi and if it can be covered by insurance. If not, discuss how you will mitigate the threat.(2) (15 marks) 5. Describe the Management Team including a detailed breakdown of individual tasks using the an organizational chart and Excel spreadsheet as shown in class (3) You may have done this in Assignment #2 (see ‌‍‍‍‌‍‍‌‌‍‍‍‌‍‍‍‍‌‍‍Management Responsibilities and Compensation). Clearly identify how many staff you will have, their duties and compensation.(5) Describe the payment/benefit package each participant will receive.(2) Identify a potential mentor/advisor and the characteristics which make this person a suitable mentor/advisor.(2) Include a mini resume for each member of the management team in the appendix (Management Team Profile Example).(3) (10 marks) 6. Start-up Position: Identify the amount of money you will require to launch the venture. If it is more than one (1) page, summarize and put the summary page in the body, and the detailed chart in the appendix. Follow the format provided in class for Start-up costs. Discuss the Funding Required: The type of loan(s), the amount and term (1 year, 6 month…) The collateral available and value of collateral (prepare a chart assigning values to your collateral and ensure it covers the loan payment, refer to class notes.)(Note: you must have the same $ amt of collateral to match your loan . 100K in collateral to match a $100K loan). This is only required if you are getting a secured loan. A repayment proposal (include schedule of repayment – calculator from Royal Bank, Tangerine and other websites may be used or other sour‌‍‍‍‌‍‍‌‌‍‍‍‌‍‍‍‍‌‍‍ces).

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