During the past 3 weeks, you have articulated several aspects of your planned new venture. Compile all of your writing and research, and put it into a business plan wireframe. The framework should include the following sections:

• Mission statement (based on your Phase 2 IP)
• Vision statement (based on your Phase 2 IP)
• The product or service (based on your Phase 2 DB)
• Market opportunity (based on your Phase 3 IP)
• Competitive environment (based on your Phase 3 IP)

Add the following sections to your plan:

• Statement of ethics
• Statement of social responsibility

At this point, each section should be no longer than 1,000 words. The mission and vision statements should each be a maximum of 1 paragraph. The product or service, market opportunity, and competitive environment sections should each be between 500–1,000 words.