How to design a business plan

Assignment Help Business Economics

Reference no: EM132551883

ELCT20002 Entrepreneurship and New Venture Creation - Middle East College

Learning Outcome 1: Demonstrate the ability as to how to design a business plan

Assignment Objective

Understanding the structure and process of entrepreneurship and new venture creation is essential to attain a complete grasp of the phenomenon. The current assignment is designed to allow the students to explore how to design an effective as well as efficient business plan.

Assignment Tasks:

The assignment has one task divided into specific parts. The students should focus on the guidelines appropriate for the assignment along with its deliverables and the corresponding marks to produce a well thought out report.

a. Define a business plan (Provide 1 comprehensive definition. Max. 60 words)

b. Describe the key roles of a business plan in creating a new venture (Max. 60 words)

c. Identify and explain the components/elements of a business plan. Illustrate each component/element with examples. (Max. 1020 words)

d. Complete an online course via any of the links below (You must provide some form of evidence of completion) and write a one page reflection based on:

i. What is the course about? Briefly describe the contents of the course and its learning outcomes. (1 paragraph: Max. 60 words)

ii. What specific skills did you develop? Briefly describe the key skills such as analytic, innovation, accounting, time management skills etc. (1 paragraph: Max. 60 words)

iii. What challenges did you face over the duration of the course? Briefly discuss the intellectual, social, family and technical issues or problems that you faced during the course. (1 paragraph: Max. 50 words)

Attachment:- Entrepreneurship and New Venture.rar

Reference no: EM132551883

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