Business Financial Plan
Category: Prejudge Report
Type: Individual, Team
Grade Level: 9-12
Deadline/Testing: 15-Feb
Competitor Limit: 1 team of 1-3 members
Topic
(New 2022-23)
Create a business financial plan to start a new food truck business in your community. Determine what type of food truck will benefit your community and the funds needed for the start-up. Include data or research that will help to make informed decisions about future resources and goals. Include the general operating costs of your food truck, start-up costs, and a plan of action of where to park your mobile business.
Event Guidelines
Establish and develop a complete financial plan for a business venture by writing a 15-page report on the topic provided.
Plan Contents
- Reports must include a table of contents and page numbers.
- A one-page description of the plan should be the first page of the report (not included in page count).
- Follow the rating sheet sequence when writing the plan. If information is not available for a particular criterion, include a statement to that effect in the report.
- Pages must be numbered and formatted to fit on 8 1/2” x 11” paper.
- Reports must not exceed 15 pages excluding the front cover and table of contents.
- Divider pages and appendices are optional and must be included in the page count.
Plan Covers
- A front cover is required.
- Report covers are not counted against the page limit.
- The front cover must contain the following information: name(s) of the student(s), name of the school, state, name of the event, and year (20xx-xx). The cover may also contain additional information.
Additional Guidelines
- Competitors must prepare reports. Local advisers should serve only as consultants.
- Reports must be original, current, and not submitted for a previous SLC.
- Reports submitted for the competition become the property of Nebraska FBLA. These reports may be used for publication and/or reproduced by the state association.
- Points will be deducted if the written plan doesn’t adhere to the guidelines.
- A PDF of the Business Financial Plan must be submitted to Blue Panda by deadline.
- Save the file as BFP_chaptername_year.pdf
Eligibility:
Each chapter may enter one (1) plan created by an individual or a team of two (2) or three (3) members from Grades 9 through 12.
Judging
Reports will be reviewed by a screening committee to determine if the projects have complied with event eligibility and regulations. A panel of judges will select the winners. All decisions of the judges are final.
Who Goes to Nationals?
The first-, second-, and third-place winners of this event will represent Nebraska in the Business Financial Plan event at the National Leadership Conference. Members will not be allowed to compete in the event if they have placed in the top 10 for this event at a previous National Leadership Conference.