ENG4C – Course Culminating Activity Mr. P. Langevin THE LOMAN BROTHERS SPORTING GOODS OR DUDE RANCH (Biff and Happy from Death of a Salesman start their own business) “Wait a minute! I got an idea. I got a feasible idea. Come here, Biff, let’s talk this over now, let’s talk some sense here...I thought of a great idea to sell sporting goods...You and I, Biff-we have a line, the Loman Line...The Loman Brothers...Baby, we could sell sporting goods!” Overview: In Death of A Salesman, Willy Loman’s sons, Biff and Happy, dream of opening their own sporting goods business. Unfortunately, they have no idea how to go about starting a business. Your job is to help make their dream a reality. Task 1: The Business Letter You will write a ONE-PAGE business letter to Bill Oliver requesting the funds needed to start your own business. You will write this business letter from the perspective of Biff Loman. Therefore you must break down his character traits and work history of the character. In the business letter you must (A) provide an overview of the business in relation to the historical context of 1949 and why this business will succeed; (B) give an overview of Biff’s experience and why he is capable of turning this business into a success; and, (C) state what you are looking for from Bill Oliver and what it will be used for. For reference, read the business plan examples (especially the Kamiko example) outlined at http://www.rbcroyalbank.com/business/startingabusiness/planning-yourbusiness.html Task 2: The Executive Summary Locate a business plan template using one of the following web sites: www.canadabusiness.ca/eng www.entrepreneurship.com http://www.bdc.ca/EN/solutions/financing/Pages/fs_start_business_general.aspx http://www.scotiabank.com/cda/content/0,1608,CID11260_LIDen,00.html http://www.cibc.com/ca/small-business/startup.html www.tdcanadatrust.com Review the purpose of each section a business plan Biff and Happy are experiencing problems writing the Executive Summary of their business plan. They have asked you to write it for them. Write the Executive Summary of the Business Plan for Biff and Happy. Refer to the “Business Plan – Executive Summary” evaluation ENG4C – Course Culminating Activity Mr. P. Langevin Task 3: The Pitch You will create a 2-5 minute pitch where you will attempt to sell your idea to Bill Oliver. This pitch must include one of the following: 45 second video advertisement a print advertisement a mock up of a billboard poster a brochure for the business Your pitch should take the following order: give request for a certain amount of funding in return for a certain percentage of equity in the business describe the opportunity (why is this such a great idea, what research supports it, etc.) show the visual (video, poster, mock up, brochure, etc) and explain its appeal conduct a question and answer (Q&A) conclude by thanking your audience and tell them what you look forward to in the future regarding your request Read the following for resources regarding the pitch: http://articles.bplans.co.uk/starting-a-business/the-business-pitch/407 Important Dates Work Periods: June _________________________________________________________________ Due Date for all materials: June 12 Presentations: June 15-17. A presentation list will be posted. If you miss your date, you must come in either after your exam or the make-up exam date.