Small Business Plan Questions Essay Assignment Term Paper
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Small Business Plan Questions Essay Assignment Term Paper
Description
I want two different answers for same questions….
Learning Outcome:
- Demonstrate a solid understanding of the potential of entrepreneur in today’s competitive business world. (Lo 1.2)
- Demonstrate ability to think independently and systematically on developing a viable business model (Lo 1.3 & 3.7).
- Understand the place of small business in history and explore the strengths and weaknesses of small business. (Lo 1.1).
Assignment Workload:
This assignment is an individual assignment.
An entrepreneur Start-up
Business Plan
A business plan is any simple plan, not only limited to the business start-up plan that helps the management to understand the current situation of
the enterprises (strengths, weakness, opportunities and threats) and look forward into the future. A start-up plan is a business plan which consists
of the mission, vision, objectives and action plans for the future of the new enterprises while the business plan drawn during the operation of the
firm is vital for running the firm effectively, acquire new customers, partners, loans and so on. According to Fiore (2005), a business plan involves
two dimensions; an organizing tool to simplify and clarify your business goals and strategy, the second one is a selling document that sells the
business idea and shows that a product or a service can make a profit and attract funding and company resources. Small Business Plan
Imagine you started a new business as an entrepreneur in Saudi Arabia. Briefly mention the specific steps which you consider necessary to a
successful business plan. Small Business Plan
Please, think and share information on the following items:
- Owners, capital structure and company profile (1 Marks)
- Your Business Name, Address, E‐Mail
- Form of ownership: What is the legal structure? Sole proprietor, Partnership, Corporation….
- Investment capital
- Company Business Description (300 – 400words)
- Scope and type of business (3 Marks)
What business will you be in? What will you do? What market segment will you choose?
- Business idea: what is your big idea? Is it a product or a service? What makes your idea different?
- Mission Statement
- Company’s short-term and long-term goals and objectives.
- Target market and demographics: Who will your customers be? Where do they live? What is your target market passionate about?
- Business Philosophy (3 Marks)
What is important to you in your business?
- Describe your Industry: Is it a growth industry? What long-term or short-term changes do you foresee in the industry? How will your company take advantage of it?
- Describe your most important company strengths and core competencies: What factors will make the company succeed? What do you think your major competitive strengths will be? What background experience, skills, and strengths do you personally bring to this new venture?
- Risk Assessment: Evaluate the strengths and weaknesses of your business using SWOT.
- Who is your competition and how do you beat them?
- Products and Services (3Marks)
- Briefly discuss your products or services (Technical specification).
- Size of business: how many employees? How many offices and retail facilities?
- What factors will give you competitive advantages or disadvantages? Examples, include level of quality or unique or proprietary features.
Small Business Plan Questions Essay Assignment Term Paper
RUBRIC
Excellent Quality
95-100%
Introduction 45-41 points
The background and significance of the problem and a clear statement of the research purpose is provided. The search history is mentioned.
Literature Support
91-84 points
The background and significance of the problem and a clear statement of the research purpose is provided. The search history is mentioned.
Methodology
58-53 points
Content is well-organized with headings for each slide and bulleted lists to group related material as needed. Use of font, color, graphics, effects, etc. to enhance readability and presentation content is excellent. Length requirements of 10 slides/pages or less is met.
Average Score
50-85%
40-38 points
More depth/detail for the background and significance is needed, or the research detail is not clear. No search history information is provided.
83-76 points
Review of relevant theoretical literature is evident, but there is little integration of studies into concepts related to problem. Review is partially focused and organized. Supporting and opposing research are included. Summary of information presented is included. Conclusion may not contain a biblical integration.
52-49 points
Content is somewhat organized, but no structure is apparent. The use of font, color, graphics, effects, etc. is occasionally detracting to the presentation content. Length requirements may not be met.
Poor Quality
0-45%
37-1 points
The background and/or significance are missing. No search history information is provided.
75-1 points
Review of relevant theoretical literature is evident, but there is no integration of studies into concepts related to problem. Review is partially focused and organized. Supporting and opposing research are not included in the summary of information presented. Conclusion does not contain a biblical integration.
48-1 points
There is no clear or logical organizational structure. No logical sequence is apparent. The use of font, color, graphics, effects etc. is often detracting to the presentation content. Length requirements may not be met
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