A minimum of 1,780 word, and APA style with in tect citations and references As an entrepreneur, you want to start…

A minimum of 1,780 word, and APA style with in tect citations and referencesAs an entrepreneur, you want to start a business. The first step is to draft a business plan proposal to organize your ideas. For this assignment you will be submitting a business plan for a imaginary business. For research purposes you can choose any state for location. Business plan should include all of the following:1.) Introduction of proposed business2.) Description and explanation of the type of business entity that is best for your business3.)Partnership, coorporation, etc *( You should not choose a sole proprietorship for your business)4.) Provide explanation for your choice of business entity( Advantages and Disadvantages)5.) Description of the specific steps needed to be followed to succesfully and legally start a business”Steps will vary, depending on the type of business you choose”” Good sources of research for this area include the following:**Textbooks**State Startups( example: Chapter 47 and 48 of South Dakota Codified Laws include information on business formation process)The Small business Administra site will be helpful, it includes information on how start a small business** A draft of appropriate written agreement, Articles of incorporation, articles of organization, partnership agreement, etc.A draft of valid contract with vendor, supplier, customer, etc. that illustrates all elemnets of a contract and takes in consideration some of the topics discussed in the contract chapter.