Develop a formal business plan

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Reference no: EM131577351

ASSIGNMENT BRIEF - Business Plan

Entrepreneurship (Creativity and Innovation)

Business Plan Write-up

Create a Business idea and develop a formal business plan that will apply the process of creativity and innovation.

This type of assessment requires 1,500 words using A4 paper (excluding appendices, tables and graphs) with 'Arial -12' as font style and size; and in-between lines should be provided with 2-spaces. Margins are as follow: Top Margin = 1.5 inches; Left Margin, Right Margin and Bottom Margin = 1 inch, respectively.

Learning Outcomes

This assessment will cover the following learning outcomes:

Develop a clear appreciation of innovation and entrepreneurship and their importance on the economy;

Articulate and write-up a basic Business Plan; and

Appreciate the benefits and risks involved in starting up a new business.

Business Plan Specifications

Executive Summary
Marketing Feasibility
Organisational Feasibility
Operational Feasibility
Financial Feasibility
Socio-Economic Feasibility
a. References: Sources of information that support citations (books, journals, publications and web sites
b. Appendices: (Proof of documents that are attached to supports the planned Business.

Presentation:

Students will be expected to present their business ideas to demonstrate critical thinking, verbal skills and feedback. The presentation per group requires 20 minutes.

Learning Outcomes Covered

This assessment will cover the learning outcome number 4. Thus, articulate and write-up a basic Business Plan.

Presentation Details

I. INTRODUCTION
II. CONTENT Points
Business Environment Analysis
Product(s)/Service(s) Description
Customer Demographics
Competition Analyses
Competitive Advantage
Price Strategy
Advertising and Promotional Strategy
S.W.O.T. Analysis
Market Research
Projected Market

CONCLUSION

Verified Expert

This paper was developed in two parts, one as written report and another as a PowerPoint presentation. A unique Business Plan was prepared as per the requirements in this work. All the requirements and instructions of the original file has been followed and addressed properly. The references have been added along with in-text as per the guidelines.

Reference no: EM131577351

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Reviews

inf1577351

8/17/2017 4:40:01 AM

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inf1577351

8/17/2017 4:40:00 AM

He did precisely what I requested, finished my assignment on time utilizing brilliant written work. Would very prescribe him! This Writer IS AWESOME Every change was made with NO PROBLEM Promptly Responded to ALL Request. Eminent Writing Ability!!

len1577351

7/24/2017 9:01:05 AM

80-89 An answer which demonstrates an excellent understanding of the question and of the complexity of the issues involved. There is a sound basis of relevant factual knowledge and/or the theoretical issues involved. Most of the important issues are dealt with in a detailed, specific and systematic way. There is either some measure of original thinking in the answer or an accurate and comprehensive account is given in a way which demonstrates understanding, for example by structuring the material such that it could not have been based just on reproduction of lecture notes and course material. Evidence of creativity, critical approach, and wide reading beyond the core subject matter.

len1577351

7/24/2017 9:00:56 AM

Mark Range Criteria for Awarded Mark A quite exceptional and outstanding answer, providing insights, which would not be available publicly, and would, with some editing, be publishable. In addition to the features of the next section, this range is distinguished by superior organisation, economic use of language and totally comprehensive, given the conditions of the exercise. 90-100

len1577351

7/24/2017 9:00:41 AM

Presentation Details Weight (%) 10 I. INTRODUCTION II. CONTENT Points 50 > Business Environment Analysis 5 > Product(s)/Service(s) Description 5 > Customer Demographics 5 > Competition Analyses 5 > Competitive Advantage 5 > Price Strategy 5 > Advertising and Promotional Strategy 5 > S.W.O.T. Analysis 5 > Market Research 5 > Projected Market 5 III CONCLUSION > Highlights the viability of the business 20 IV. PRESENTATION SKILLS > Preparation / Ability to answer questions > Delivery/Pace 20 Total 100

len1577351

7/24/2017 8:59:57 AM

Marking Scheme Criteria Business Plan Specifications Weight (%) Mark 1 Executive Summary 10 2 Marketing Feasibility 20 3 Organisational Feasibility 10 4 Operational Feasibility 20 5 Financial Feasibility 20 6 Socio-Economic Feasibility 10 7 a. References: Sources of information that support citations (books, journals, publications and web sites 5 5 10 b. Appendices: (Proof of documents that are attached to supports the planned Business. Total 100

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