Business Plan
Prepare a financial and business analysis of Tootsie Roll Industries, Inc. in order to secure a loan for the company. The loan will increase the company’s total liabilities by 10%. The contents of the plan should include the following:
1. Prepare a business plan that includes a synopsis (400), market and sales analysis, product line narrative, funding request/purpose of loan and a financial summary using the results from your spreadsheet. It is important to collaborate with everyone on the team and discuss how the request/purpose of the loan will impact each section of the business plan. Incorporate your discussions and conclusions in each section of the plan.
Additional details and guidance are provided via the week three projects thread. Format your paper consistent with APA guidelines and submit your paper, Excel spreadsheet and Turnitin report via the assignment files tab.
Solution Preview
TOOTSIE ROLL INDUSTRIES, INC. BUSINESS PLAN
Executive Summary
This is a business plan for Tootsie Roll Industries, Inc. which includes a market and sales analysis, product line narrative, funding request/purpose of loan and a financial summary using the results from your spreadsheet. The business analysis plan is tailored for the purpose of securing a loan which will impact each section of the business plan (McKeever, 2016).
Tootsie Roll Industries, Inc. Vision/Mission Statement and Goals
Vision Statement
To be the leading supplier of chocolate flavored taffy-like candy products as well as provision of such services around the U.S and beyond with quality as a paramount consideration.
(579 words)