Business Plan
Unit
Name : Entrepreneurship & Small Business Management
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Unit
Code : MAR015-6
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Referral Assessment Specification
2
Assessment Title
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Referral
Assignment 2 Business Plan
(Please do not include any
elements that have been submitted or marked in previous submissions).
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Unit Title
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Entrepreneurship & Small
Business Management
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Unit Code
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MAR015-6
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Description of
Assessment Task
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You are
required to write a business plan. This can be a real or imaginary business
or a plan for an existing small business. Whilst you do not have to follow
any precise format, a specimen format is provided in the core textbook. The
interactive chapter exercises on the textbook website allow you to build your
plan step-by-step and place it in this format.
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Word Limit
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3,000 Words
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Presentation Format
(e.g. MS Word document)
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Your report should be word
processed in 12 point New Times Roman font.
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Resources/Support Available
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Essential textbook and course
materials on BREO. University Digital Library for books and journals; the
Internet for other credible research sources.
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Assessment Criteria
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The unit leader evaluates reports
based on the following criteria:
·
Clarity,
consistency and originality of value proposition(s)
·
Clear,
identification of target market segment(s)
·
Comprehensiveness
of market and competitor analysis
·
Consistency/originality
of core marketing & entry and/or growth strategies
·
Comprehensiveness
and accuracy of financial projections
·
Comprehensive
identification of resources required and financing
·
Identification
of material risks and their mitigation
·
Realism
and practicality of plan
·
Overall
presentation / Harvard referencing
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Self-Assessment Required
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No
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Details of how feedback will be
provided
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Using the EMA system your work
will be marked online and you will receive individual feedback online
including points for improvement.
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Referral Assignment 2
Business Plan
Weighting: 75%
Guideline length: 3,000 words
Mode of activity: Individual (submission through BREO
EMA)
Referencing : Harvard
Reference
You
are required to write a business plan either for a business idea you have. This
can be a real or an imaginary business or a plan for an existing small
business. Whilst you do not have to follow any precise format, a specimen
format is provided in the textbook. The interactive chapter exercises on the
textbook website allow you to build your plan step-by-step and place it in this
format.
Specimen
plans are readily available on the internet. However, be warned, do not copy the contents of on-line plans.
Turnitin will reveal this and it is an academic offence which will
automatically cause you to fail the assessment.
Marks
will be awarded for the thoroughness of the plan, not for the profit-making potential of the business idea. A good
plan that proves the idea to be unviable can receive full marks. A profit
projection, breakeven calculation, monthly cash flow forecast and balance sheet
are required only for the first year. You must provide details of the
assumptions on which these are based.
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