This document outlines the requirements for a stand-alone business plan project for an entrepreneurship class. Students must submit a 25-page business plan plus appendices for a new business venture of their choosing. The business plan must include 14 major sections (A-L) covering topics such as the executive summary, management team, market analysis, financial plan, and growth strategy. Each section specifies the type of information and level of detail required. The project is worth a total of 300 points and students are advised to work on it progressively throughout the course.
Close to 85% of all new businesses fail within the the first five-years. If your new business is your dream, your passion, and your meal-ticket then use this checksheet to ask a few people to grade your business plan - another tool to help stay in the top 15 percent.
What is A Business Proposal?
Unlike a business plan, which is written to run your company and raise capital, a business proposal is an unsolicited or solicited bid for business. There are two types of business proposal that can help you gain more business to grow your company.
Types of proposals
There are mainly three types of proposal:-
1:-Business proposal
2:-Technical proposal
3:-Research proposal
FIN 375 Effective Communication/tutorialrank.comjonhson278
For more course tutorials visit
www.tutorialrank.com
FIN 375 Week 1 Venture Concepts Paper (2 Papers)
FIN 375 Week 1 DQ 1, DQ 2 and DQ 3
FIN 375 Week 2 Venture Budgeting and Forecasting Paper (2 Papers)
FIN 375 Week 2 DQ 1, DQ 2 and DQ 3
FIN 375 Week 3 DQ 1, DQ 2 and DQ 3
This presentation accompanied the "Crafting Business Plans for Social Good Startups" class with instructor Sang Lee, where attendees were able to learn how to transform their ideas into working business plans.
The business case is usually presented by senior executives within the organization to an identified business sponsor. It is the first document used in the project lifecycle and, once approved, allows the project to be formally defined.
While writing a business case, it may be required to undertake a formal feasibility study. This process involves a more detailed evaluation of the current business problem or opportunity, the different-different solutions available, the probability of a successful implementation for each solution, and the recommended best solution for implementation. The feasibility study provides a business case with more suitable solution options.
The business case is frequently referred to during the project development cycle. At each quality review point, the business case is used to determine whether or not the benefits, costs, risks, and issues prevalent match those listed in the business case.
Close to 85% of all new businesses fail within the the first five-years. If your new business is your dream, your passion, and your meal-ticket then use this checksheet to ask a few people to grade your business plan - another tool to help stay in the top 15 percent.
What is A Business Proposal?
Unlike a business plan, which is written to run your company and raise capital, a business proposal is an unsolicited or solicited bid for business. There are two types of business proposal that can help you gain more business to grow your company.
Types of proposals
There are mainly three types of proposal:-
1:-Business proposal
2:-Technical proposal
3:-Research proposal
FIN 375 Effective Communication/tutorialrank.comjonhson278
For more course tutorials visit
www.tutorialrank.com
FIN 375 Week 1 Venture Concepts Paper (2 Papers)
FIN 375 Week 1 DQ 1, DQ 2 and DQ 3
FIN 375 Week 2 Venture Budgeting and Forecasting Paper (2 Papers)
FIN 375 Week 2 DQ 1, DQ 2 and DQ 3
FIN 375 Week 3 DQ 1, DQ 2 and DQ 3
This presentation accompanied the "Crafting Business Plans for Social Good Startups" class with instructor Sang Lee, where attendees were able to learn how to transform their ideas into working business plans.
The business case is usually presented by senior executives within the organization to an identified business sponsor. It is the first document used in the project lifecycle and, once approved, allows the project to be formally defined.
While writing a business case, it may be required to undertake a formal feasibility study. This process involves a more detailed evaluation of the current business problem or opportunity, the different-different solutions available, the probability of a successful implementation for each solution, and the recommended best solution for implementation. The feasibility study provides a business case with more suitable solution options.
The business case is frequently referred to during the project development cycle. At each quality review point, the business case is used to determine whether or not the benefits, costs, risks, and issues prevalent match those listed in the business case.
(Brunel Business School) (MG3009 Entrepreneurship a.docxShiraPrater50
(
Brunel Business School
)
(
MG
3009
Entrepreneurship and Small Business Ventures
A
ssignment
/Coursework
Brief
for 201
9
/
20
)
Assessment Title:
Entrepreneurship and Small Business Ventures
Module Leader:
Dr. Xiaoqing Li
Distribution Date:
September 2019
Submission Deadline:
12:00 noon on Monday23rd March 2020
Feedback by :
28th April 2020 (20 working days after the submission the deadline.)
Contribution to overall module assessment:
Part I: 30%, Part II: 70%
Indicative student time working on assessment:
100 Hours
Word or Page Limit (if applicable):
Part I: 3000 words (+/-10%); Part II: 2,000 words (+/- 10%), excluding references
Assessment Type (individual or group):
Part I: Group; Part II: Individual
Main Objective of the assessment
1. Demonstrate an understanding of the theories surrounding SME development/growth/survival and how they relate to the wider environment of business support and economic development.
2. Develop and evaluate business plans taking into account issues such as time management, communication, leadership, team management (including co-ordination and delegation), and presentation skills.
Description of the Assessment
Assessment I: Business Plan: 30%, 3000 words (+/- 10%) excluding references
You are required to provide a comprehensive business plan for a new start-up venture based in the UK, focusing on a new product or service to be sold mainly in the UK market, produced on a group basis (max. 6, min. 2 people).
Assessment II: Individual Essay: 70%, 2000 words (+/- 10%) excluding references
You are required to outline your personal reflection and evaluation of the whole experience through business plan development and the learning from lectures by answering the following three questions:
· What is the biggest challenge you (not your team) encountered when engaging in the team work for developing the business plan, how did you overcome it? How could this experience improve your future contribution to team work?
· Please pick up one or two lecture topics on different aspects of entrepreneurship (particularly in term 2), read widely on the theories/frameworks related to the topic (s), and illustrate how these theories/frameworks help improve your understanding of entrepreneurship? Please explain in detail by providing evidence from your own experience in developing the business plan or running your own/family businesses, or examples of other successful entrepreneurs.
· Evaluate yourself and illustrate, to what extent, you are a potential entrepreneur, and why?
Please enter here the marking scheme relevant for the coursework and provide an illustration of each assessment criterion achieved at each of the grade descriptor for UG/PG levels.
UG grades and grade point bands [Senate Regulation 2 (2009 starters onwards)] are: A++ (17), A+ (16), A (15), A- (14), B+ (13), B (12), B- (11), C+ (10), C (9), C- (8), D+ (7), D (6), D- (5), E+ (4), E (3), E- (2), F (1)
Submission Instructions
Coursew ...
(Brunel Business School) (MG3009 Entrepreneurship a.docxpoulterbarbara
(
Brunel Business School
)
(
MG
3009
Entrepreneurship and Small Business Ventures
A
ssignment
/Coursework
Brief
for 201
9
/
20
)
Assessment Title:
Entrepreneurship and Small Business Ventures
Module Leader:
Dr. Xiaoqing Li
Distribution Date:
September 2019
Submission Deadline:
12:00 noon on Monday23rd March 2020
Feedback by :
28th April 2020 (20 working days after the submission the deadline.)
Contribution to overall module assessment:
Part I: 30%, Part II: 70%
Indicative student time working on assessment:
100 Hours
Word or Page Limit (if applicable):
Part I: 3000 words (+/-10%); Part II: 2,000 words (+/- 10%), excluding references
Assessment Type (individual or group):
Part I: Group; Part II: Individual
Main Objective of the assessment
1. Demonstrate an understanding of the theories surrounding SME development/growth/survival and how they relate to the wider environment of business support and economic development.
2. Develop and evaluate business plans taking into account issues such as time management, communication, leadership, team management (including co-ordination and delegation), and presentation skills.
Description of the Assessment
Assessment I: Business Plan: 30%, 3000 words (+/- 10%) excluding references
You are required to provide a comprehensive business plan for a new start-up venture based in the UK, focusing on a new product or service to be sold mainly in the UK market, produced on a group basis (max. 6, min. 2 people).
Assessment II: Individual Essay: 70%, 2000 words (+/- 10%) excluding references
You are required to outline your personal reflection and evaluation of the whole experience through business plan development and the learning from lectures by answering the following three questions:
· What is the biggest challenge you (not your team) encountered when engaging in the team work for developing the business plan, how did you overcome it? How could this experience improve your future contribution to team work?
· Please pick up one or two lecture topics on different aspects of entrepreneurship (particularly in term 2), read widely on the theories/frameworks related to the topic (s), and illustrate how these theories/frameworks help improve your understanding of entrepreneurship? Please explain in detail by providing evidence from your own experience in developing the business plan or running your own/family businesses, or examples of other successful entrepreneurs.
· Evaluate yourself and illustrate, to what extent, you are a potential entrepreneur, and why?
Please enter here the marking scheme relevant for the coursework and provide an illustration of each assessment criterion achieved at each of the grade descriptor for UG/PG levels.
UG grades and grade point bands [Senate Regulation 2 (2009 starters onwards)] are: A++ (17), A+ (16), A (15), A- (14), B+ (13), B (12), B- (11), C+ (10), C (9), C- (8), D+ (7), D (6), D- (5), E+ (4), E (3), E- (2), F (1)
Submission Instructions
Coursew.
Running head BUSINESS PLAN NAMEBusiness Plan NameStudent .docxjoellemurphey
Running head: BUSINESS PLAN NAME
Business Plan Name
Student Name
Kaplan University
AB209: Small Business Management
Instructor Name
Month Date, Year
Project Deliverables Checklist: (All units)
Place a checkmark here as a reminder that you have completed this particular section of your descriptive business plan!
___Unit 1 (None)
___Unit 2 (Business Description, Vision Statement, Mission, and Motivation Statements)
___Unit 3 (Description of Products or Services)
___Unit 4 (Marketing Plan)
___Unit 5 (None)
___Unit 6 (Operational Plan)
___Unit 7 (Management and Organizational Plan)
___Unit 8 (Financial Plan) (Descriptive)
___Unit 9 (Executive Summary)
___Unit 10 (None)
Executive Summary (Unit 9)
(This portion of your mini-business plan should contain a brief overview of everything in your plan. This brief overview should contain an explanation of your product/service line, the market you will serve, and a brief summary of your financial goals. This should be completed in Unit 9.)
Business Description (Unit 2)
(This section of the plan should include what the business will do, what products or services it will produce or deliver to the customer. This should be specific.)
Vision Statement (Unit 2)
(This section of the plan should be a statement of what you visualize the business to be at some definite point in the future based on present realities.)
Mission Statement (Unit 2)
(This section of the plan should represent a succinct statement detailing the reason(s) for the business’ existence and the guiding principles of the business.)
Personal Motivation (Unit 2)
Starting a new business involves making many decisions! Since it is critical that the entrepreneur make good decisions, it is a good practice to approach decision making in a consistent and orderly way. Your text authors discuss the basic five-step decision-making process on pages 609-610 as it applies to risk management. At this initial stage of examining your motivation, you can also apply these steps to your own decisions. These are: (1) Identify the issue or problem; (2) Evaluate the alternatives; (3) Select an acceptable alternative; (4) Implement the decision; and (5) Review and evaluate the decision made. In this section, you should briefly discuss your motivations for wanting to own and operate your own business and how you could use each of these decision steps in your own planning process.
Description of Products or Services (Unit 3)
(This section of the plan should describe how your proposed product or service fills a gap in the marketplace or how your product or service will be “better” than those already existing in the marketplace. It should include any innovative features of your product or services that would distinguish your venture including any patent or copyright protections possessed by the venture as well as any growth strategies for your product or services and if relevant, any secondary markets the business will pursue.)
Marketing Pla ...
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Entrepeneurship class standalone project
1. Entrepreneurship Class Standalone Project
Title Stand-Alone Project_17
Due Dec 31, 2022 11:55 pm
Status Not Started
Grade Scale Points (max 300.0)
Modified by instructor
Instructions
Stand-Alone Project: New Venture Business Plan (300 points)
You should begin working on the Stand-Alone Project early in the course . Each assignment
provides a benchmark for completing the Stand-Alone Project in a timely manner while
working through the course. You will find this information in the "Stand-Alone Project
Benchmark" section of each assignment. Your Stand-Alone Project responses should be both
grammatically and mechanically correct, and formatted in the same fashion as the project itself.
If there is a Part A, your response should identify a Part A, etc. In addition, you must
appropriately cite all resources used in your response and document in a bibliography using
APA style.
The Stand-Alone Project for this course requires you to assume the role of an entrepreneur and
to create a business plan for a new venture of your own choosing. The business plan should
contain the following major sections in the order they are shown below. The Stand-Alone
Project follows the progression of the textbook, and you will find that the specific details
regarding the requirements for the Stand-Alone Project are explained in the Required Readings
for each Assignment. Stand-Alone Project Benchmarks, located near the end of each
assignment, give you an indication of which part of the Stand-Alone Project corresponds to the
information covered in the assignment, and you will find it helpful to use these benchmarks to
pace yourself in the completion of your Stand-Alone Project. (A 25-page paper plus appendices
is required.) (300 points)
NOTE: Create a cover page (company name, the words Business Plan, the name of the contact
person for the new venture, and the business' address and telephone number) and place it before
(in front of) Part A. (Do not count the cover page as part of the total number of pages required
for the Stand-Alone Project.)
Par
t A
Executive
Summary: This
section should
2. not exceed five
(5) pages in
length. Be sure
the Executive
Summary
answers the
following key
questions and
includes
evidence or
support for your
claims from
credible
sources, such as
your own
industry
research and
primary
research with
potential
customers. (30
points)
1. What is your business
concept? Include
information about
your business,
customers, benefits,
and distribution.
2. Does your industry
support the
feasibility of the
concept? Explain.
3. Is there customer
acceptance for your
business and its
products/services? W
hat is the demand?
4. What is your entry
strategy? How will
you achieve initial
3. market penetration
and obtain your first
customer?
5. Who are your key
competitors, and
how will you
differentiate your
business from the
competition?
6. What is your pricing
strategy, and how do
you justify it?
7. Does your founding
team have the
capabilities to
implement the plan
successfully? If not,
how will you find
these capabilities?
8. How will your
business be designed
to facilitate
implementation in
terms of legal
structure,
organizational
structure, and
process?
9. In one paragraph,
what is your
marketing plan?
10. Does your financial
plan support a viable
business? Include a
summary of key
points and capital
requirements (i.e., a
needs assessment).
4. 11. How will you fund the
business?
12. Does the market
support a potential
for growth? What are
your key growth
plans?
Par
t B
Proof of
Concept: This
page in your
business plan
condenses the
Expanded
Executive
Summary down
into one
page. Answers
in this section,
for questions 1,
2, 3, 4, 5, 7, and
10 from Part
A, should be
concise, yet
complete. (13
points)
NOTE: A
detailed Table
of Contents
for the report
should be
created and
placed on a
separate page
between Parts B
and C. (Do not
count the table
of contents as
5. part of the
total number of
pages required
for the Stand-
Alone Project.)
Par
t C
Business
Concept: Inclu
de the
following
information in
this section. (25
points)
1. Business Concept
Statement (i.e.,
product/service,
customer, benefit,
distribution)
2. Purpose of the
Business (i.e., why
you are in business)
3. Core Values
4. Description and Uses,
Unique
Features/Benefits,
Business Model
5. Primary Customer(s)
6. Spin-Offs or
Secondary Market
Par
t D
Management
Team: Include
the following
information in
this section. (22
points)
6. 1. Qualifications of Key
Managers (founders)
2. Management Team
Needs (or gap
analysis)
Par
t E
Market
Analysis: Inclu
de the
following
information in
this section. (35
points)
1. Industry Description
a. Industry Size
b. Industry Status (growing, mature, in
decline – overall health)
c. Growth Potential
d. Geographic Locations
e. Trends, Patterns of Change, and
Entry Barriers
f. Profit Potential
g. Sales Patterns and Gross Margins
h. Target Market
1) Primary
Target
Markets
2) Secondary
Markets
3) Demographi
cs
4) Results of
7. Primary
Research
5) Customer
Profile
6) Customer
Needs
Analysis
2. Distribution Channels
(customer grid)
3. Entry Strategy (initial
market penetration)
4. Competitors (show a
competitive grid)
a. Description
b. Direct and Indirect Competitors
c. Market Share (if known)
d. Strengths/Weaknesses/Benefits/Distrib
ution
e. Emerging Competition
f. Substitute Products
5. Product/Service
Differentiation and
Competitive
Advantage
a. Unique Features
b. Potential for Innovation
c. Proprietary Protection (i.e.,
intellectual property rights)
d. Other Competitive Advantages
6. Pricing Strategy
7. Value Chain
8. Par
t F
Operational (or
Process)
Analysis: Inclu
de the following
information in
this section. (12
points)
1. Product/Service
Technical
Description
a. Uses, Design, Prototype
b. Obsolescence Issues
2. Product/Service
Development Status
and Related Costs
a. Current Status of Development
b. Tasks Completed (including time and
cost to complete)
c. Potential Difficulties and hesitations
(include how they will be resolved)
d. Government Approvals
3. Physical Distribution
Plan (including a
process grid – i.e., a
graphic of the
distribution strategy)
Par
t G
Organizational
Plan: In this
section, include
the management
philosophy and
the company
9. culture
including the
following. (12
points)
1. Legal Business Entity
2. Organizational Chart
3. Key Management
Duties and
Responsibilities
Par
t H
Marketing
Plan (22
points)
1. Purpose of the
Marketing Plan (one
paragraph)
2. Target Market
3. Unique Market Niche
4. Business
Name/Identity
5. Plan to Reach First
Customer
Par
t I
Technology and
Intellectual
Property
Plan: Include
the following
information in
this
section. (12
points)
1. Role of Technology as
a Business
10. Competitive
Advantage
2. Role and management
(revenue, licensing,
etc.) of intellectual
property (proprietary
rights, status, etc.)
Par
t J
Financial
Plan: Include
the following
information in
this section. (35
points)
1. Summary of Key
Points and Capital
Requirements (full
financials located in
the appendices)
2. Needs Assessment
Breakout (i.e., hard
costs, soft costs,
working capital, start-
up, etc.)
3. Funding Plan
Par
t K
Growth
Plan (12
points)
1. Growth Strategy
2. Resources
Par
t L
Appendices: Th
e following
documents are
11. required in this
section. (54
points)
1. Financial Statements
(Supports Part J
above)
a. Financial Statement Assumptions
b. Proforma Financial Statements
1) Cash Flow
(Monthly,
Years 1, 2,
3)
2) Income
(Monthly,
Year 1;
Annual,
Years 2, 3)
3) Balance
Sheet
(Annual,
Years 1, 2,
3)
2. Operational (or
Process) Analysis
Plan Supporting
Documents (supports
Part F above)
a. Manufacturing or Operating
Requirements (and associated costs)
b. Manufacturing Cycle or Service
Delivery Process (process grid)
c. Materials Requirements
d. Inventory Requirements (also
retail/wholesale business)
e. Production Requirements (also
12. retail/wholesale or service business)
f. Labor Requirements (all businesses)
g. Maintenance and Quality Control
Requirements (all businesses)
h. Financial Requirements (all
businesses)
3. Marketing Plan
Supporting
Documents (supports
Part H above)
a. Marketing Tools (such as advertising
and promotion)
b. Media Plan
c. Marketing Budget (use and cost of
each marketing tool)
4. Organizational Plan
Supporting
Documents (supports
Part G above)
a. Key Management
b. Key Policies
c. Compensation Programs and
Incentives (management, other groups)
5. Contingency Plan
6. Other Supporting
Documents: These
include resumes,
contracts, maps, etc.
Link: http://tutorsof.blogspot.in/2016/08/entrepeneurship-class-standalone-project.html