business plan

business plan Order Description assume, you are planning to start up a business of your choice. prepare a 5 year business plan with following headings - executive summary; business environment; goals, milestones, strategies ; business competition ; financial forecasts. Individual Assignment he assignment is worth 20% of the total unit marks. Instructions: 1. Students are required to cover all stated requirements. 2. Your answer must be both uploaded to Moodle in word file and handed over a printed copy. 3. You need to support your answers with appropriate Harvard style references where necessary. 4. The Business plan should not be more than 2000 words in length with a table of contents. 5. Only include information in your appendixes that has been directly referred to in the body of your document. 6. Include a title/cover page containing the subject title and code and the name, student id numbers. 7. Please save the document as TMGT601_first name_Surename_Student Number Eg: TMGT601_John_Smith_20150000 Assignment Task Assume, you are planning to start up a business of your choice. Please prepare a 5 year business plan with following headings Executive Summary Business Environment Vision, Mission and goals Products and services Business, organisation and finance structures Strength, Weaknesses, Opportunities and Threat (SWOT) analysis Premises, plant and equipment Information systems and telecommunications Intellectual property, licences and memberships Insurances Goals, milestones, strategies Goals and milestones Marketing Sales Customer management and retention Pricing Suitable business strategy Business competition The industry Target market Market competition Influence of Five forces Financial forecasts Set-up costs Profit and loss forecast Cash flow forecast Balance sheet forecast Break-even analysis TMGT601 Individual Assignment Rubric Individual Assignment – Strategic Management Due Week 6 Value: 20 percent of final marks Fail (0-49) Pass (50-64) Credit (65-74) Distinction (75-84) High Distinction (85-100) Total Organisation/ Structure Lack of focus with no purpose or context. Inappropriately structured. 0- 12.25 marks Clear purpose and context. Weak paragraph structure. Good use of headings and subheadings. 12.5- 16 marks Appropriate use of structure. Information is presented in a logical sequence that clearly addresses the questions asked. 16.25-18.5 marks Student presents information in logical, structure which audience can follow with some additional interest 18.75-21 marks Student presents information in logical, interesting and entertaining structure which audience can follow. 21.25-25marks /25 Subject Knowledge and use of Strategic Management concepts Inaccurate use of Strategic Management concepts. Lack of assertions, development and/or support. 0-12.25 marks Limited grasp of Strategic Management concepts. Assertions exist but are not supported or developed adequately. 12.5-16 marks Accurate but limited use of Strategic Management concepts. Developed and supported assumptions. 16.25-18.5 marks Clear and competent use of Strategic Management concepts. Developed and supported assumptions. 18.75-21 marks Especially skilful identification and analysis of Strategic Management concepts. Fully developed and supported assertions. 21.25-25marks /25 Focus on Assigned Topic (answered the question asked) No attempt to link assessment task to the Topic. 0-12.25 marks Some of the task is related to the Topic but a reader does not learn much about the Topic. 12.5-16 marks Most of the work is related to the Topic but occasionally wanders off into other unrelated areas. The reader can still learn something about the Topic. 16.25-18.5 marks All of the work is related to the Topic and the reader learns something more about the Topic. 18.75-21 marks The entire work is related to the Topic and challenges the reader with new insights. 21.25-25marks /25 Research and Referencing and Mechanics and Language No evidence of additional research or reading. Students work has spelling and grammatical errors. Poor referencing. 0-12.25 marks Some research and additional references although poor quality or not related to the Topic. Spelling and grammatical errors. Limited referencing. 12.5-16 marks Evidence of research and reading with some quality references mostly related to the Topic. Some spelling and grammatical errors. Some errors with referencing. 16.25-18.5 marks Evidence of research and reading with some quality references all related to the Topic. Some errors with spelling/grammar or referencing. 18.75-21 marks Evidence of wide reading/research and inclusion of quality references (including academic references) related to the Topic. No spelling or grammatical errors. Referencing is appropriate.