Writing Homework Help
OL 317H5051 Southern New Hampshire University Real Estate Business Plan
In this milestone, you will outline the planned geographic location of your business, as well as what types of facilities your business needs. Since I live by Crystal River Florida I would like this to be my location of business.
If yours is a manufacturing business, you will outline what you will produce and what you will purchase as components to your finished product. Discuss your control systems for inventory, purchasing, and production.
If yours is a service business, focus on your location, overhead, and labor force productivity.
Also in this milestone, you will discuss your management team. What technical skills, business skills, and experience do the members of your management team have? How do the skills of your team complement each other? You should include in this milestone a brief job description of each key member of the management team.
You can choose to include an organizational chart and resumes of key managers.
Discuss how the key managers will be compensated.
Finally, outline which management training your key leaders may have had and what type of training might still be needed.
Milestone Three: Management Team and Manufacturing Operations Plan
In 3-3 Final Project: Business Plan Milestone Three: Management Team and Manufacturing Operations Plan, you will submit Milestone Three. The format
should be:
An outline of the planned geographic location of your business, as well as what types of facilities your business needs. If yours is a manufacturing
business, you will outline what you will produce and what you will purchase as components to your finished product. Discuss your control systems for
inventory, purchasing, and production.
If your business is a service business, focus on your location, overhead, and labor force productivity.
Discuss your management team. What technical skills, business skills, and experience do the members of your management team have? How do the skills
of the team complement each other? Include in this milestone a brief job description of each key member of the management team.
Your outline should include an organizational chart, and resumes of key managers may be included.
You should also discuss how the key managers will be compensated.
Finally, you should outline which management training your key leaders may have had and what type of training might still be needed.
This milestone should be from 800–1000 words in length.
This milestone is graded separately. Use the Final Project Rubric to structure feedback.
This milestone should be submitted by the end of Module Three.
To complete this assignment, review the prompt and grading rubric in the Final Project Guidelines And Rubric document. When you have finished your work, submit the assignment here for grading and instructor feedback.
This is what my professor said to do with this assignment plan.
3-2 Final Project Business Plan Milestone 3 – Management Team and Manufacturing Operations Plan
This Business Plan will take on two variations depending on your business type: Manufacturing vs. Service. Please review the assignment directions and address all parts of this Project. Don’t forget to check the Grading Rubric to increase point earning potential and reference your reading(s) or any additional sources to support your essay.
Milestone 3 Tips:
- To learn more on compensation, become familiar with the minimum wage requirements within your local area. Federal and State laws place an overall base minimum wage as a standard which changes periodically year to year however certain larger cities may follow and require higher wages above minimum. Also when pricing out jobs, be familiar with your business’ local competitors and what they are doing to attract talent and keep them.
- Org Charts, there are many free templates to use to create an org chart. Word and Powerpoint can help you achieve creating an org chart for your business. https://pingboard.com/how-to-build-organizational-chart/powerpoint
- Job Descriptions: Below is an image of a sample Job Description template, also doing a search on a particular job on indeed.com can help you formulate the content on which you would like to include for each position within your business. The following link is a step by step on how to get started on creating a job description. https://www.indeed.com/career-advice/finding-a-job/job-description-template?kw=DSAjobdes&sid=us_googsrchhajdsa-jobdes&aceid=&gclid=EAIaIQobChMIxofO6-Xo6wIVEz2tBh0G0QMKEAAYAyAAEgIptfD_BwE
- Management Training: After determining your key leaders within your org structure, I’d recommend taking a look at business workshops or courses offered at the local community colleges to get an idea of what type of leadership training is available to strengthen your team. Other popular sites include:
- Skillpath https://skillpath.com/
- Pryor Learning https://www.pryor.com/training-seminars/
- Trainup https://www.trainup.com/Business-Skills-Training/2381