In this phase of your Capstone Project, you will construct a draft of the financial aspects of your project. Please submit your draft to the Unit 4 Disussion Board and provide constructive comments to

Unit 1 Assignment 3: Capstone Project Proposal

Post University

BUS695 Capstone

MBA Concentration: Business Administration

Paul Licon

March 9, 2025

Dr. Wayne Emms

Capstone Project Proposal

For my Capstone Project, I suggest creating a new business consulting firm catering to small businesses and startups, assisting with strategic planning, financial management, and operational efficiency (Lukins, 2024). Many small business owners face limited resources, a lack of clear strategy, and difficulties expanding their operations. This consulting firm aims to offer tailored solutions to help these businesses enter the market, achieve financial stability, and achieve long-term growth. The services provided will include developing business plans, conducting market analysis, creating financial projections, improving processes, and providing leadership training (Lukins, 2024). This project aims to help entrepreneurs build profitable long-term businesses through data-driven decision-making and industry-proven practices (Lukins, 2024).

Additionally, the firm will offer technology-based advisory services such as virtual coaching and AI-powered financial analysis tools to make it easier and more affordable for small businesses to access expert guidance (NU Editorial Contributors, 2023). This unique business model is expected to contribute to economic growth by reducing the failure rate of small businesses and creating a network of successful entrepreneurs who can drive job creation and innovation in their communities (NU Editorial Contributors, 2023).

This subject aligns with the Capstone requirements in many keyways. I have a strong passion for entrepreneurship and business growth, which makes this project intriguing and meaningful (NU Editorial Contributors, 2023). The opportunity to establish a consulting firm that directly influences the success of small businesses aligns with my goal of owning and running an organization that creates opportunities for individuals. Additionally, our project centers on a new venture that addresses a genuine and immediate market demand: many small companies lack the necessary expertise and strategic guidance to achieve sustainable growth (NU Editorial Contributors, 2023).

I will also have access to various resources, such as industry reports, case studies, financial data on the success rates of small businesses, and potential insights from entrepreneurs who have faced challenges in their endeavors (Lukins, 2024).

Moreover, the project's scope is clearly defined and can be effectively managed within the 20-page limit. It will delve into the market demand for consulting services, research on the competitive landscape, feasibility studies on the financial aspect, and a strategic implementation plan (Lukins, 2024). This project will provide a solid foundation for the consulting firm's successful launch and growth by outlining specific business goals, services offered, and long-term growth strategies (NU Editorial Contributors, 2023).

Reference

Lukins, S. (2024, August 29). What is a capstone project? And why is it important? Top Universities. https://www.topuniversities.com/student-info/careers-advice-articles/what-capstone-project-why-it-important

NU Editorial Contributors. (2023, June 16). What is a capstone project? National University. https://www.nu.edu/blog/what-is-a-capstone-project/