In this Assignment you will create a Cannabis business, this will be what the bu
In this Assignment you will create a Cannabis business, this will be what the business is along with a name for the business. Your business will need to be cannabis centered, this can be working directly with cannabis, working in the sales of cannabis, or creating another cannabis related business/product. You will choose a state to operate in and follow their legal regulations and standards, Including that into your business plan.
Assignment Descriiption:
In this assignment, you’re tasked with creating a concise business plan presentation that articulates the key components of your proposed venture. Your presentation should be organized, insightful, and reflect a comprehensive grasp of your business idea. Limit your document to 4-6 pages or up to 8 slides. It should be double-spaced, using a 12-point font, and can be submitted as either a PDF or a Word document.
Assignment Objectives:
The goals of this assignment include:
-Crafting a detailed business plan that outlines operational, revenue, and strategic -measurement approaches.
-Delving into your business concept’s specifics, such as location, revenue models, and community engagement.
-Addressing vital elements like revenue generation and key performance indicators (KPIs).
-Evaluating staffing requirements, hiring strategies, and public safety considerations.
-Provide a CEO summary that underscores your enthusiasm and qualifications for leading the venture.
Assignment Overview:
Summary of Your Business:
-Detail your business’s core concept, industry niche, and intended operational geography.
-Clarify the primary revenue model your business will adopt.
-Discuss the licensing requirements specific to Colorado or justify the absence of such needs.
-Incorporate 3-4 visual elements to vividly present your business idea.
Revenue:
-Outline your revenue generation strategy comprehensively.
-Identify and explain the KPIs that will gauge your business’s success.
Community Engagement & Staffing:
-Illustrate your plan for local community engagement and customer base development.
-Specify staffing needs, roles, and numbers.
-Highlight how your business will ensure public safety and positively impact the community.
CEO Summary:
-Share a succinct biography showcasing your relevant background, skills, and passion.
-Discuss your motivation for this business and how you envision leading it to success.
Rubric will be provided below