Enterprise Start-up Studies

FdA Salon Business Management

RESIT ASSIGNMENT (1 of 2)
You should complete this assignment if you have failed the written Business Plan assessment.

Module Title                        Module Code
Enterprise Start-up Studies                    654

Assignment Title                    Level
Written Business Plan                5

Weighting
This assignment represents 50% of the marks awarded for this module.

Module Leader
Annamarie Dufficy: Room 807

Hand in date
?    Written reports must be submitted to the Resource Centre by4:00pm, Friday 31st July 2015.

College policy will apply in the case of assignments submitted late.

Module Learning Outcomes
This assignment has been designed to enable students to develop an insight into the requirements involved in setting up and running a small to medium business enterprise.

1)  Demonstrate an appreciation of competent planning and research techniques required of the success of a small business enterprise

2) Examine the competitive and legal environment within which small businesses operate

3) Demonstrate feasible operational methods that could maintain and strengthen the performance of a small business.

4) Produce a detailed business plan for a small to medium business containing all the information necessary to fully evaluate the proposed venture.

Mode of Working
Please note this is anindividual piece of work

Assignment Remit

You are required to produce a detailed business plan for a small to medium business operating in an industry sector of your choice. Your plan can either build upon the business venture outlined in your original business proposal or a new business venture. Furthermore you should make reference to your proposed businesses’:

•    Concept/idea
•    Market trends/customer demand
•    Target market
•    Choice of location
•    Business objectives (short, medium and long term)
•    Type of business structure
•    Manpower requirements
•    Market and promotional strategies
•    Relevant legal requirements/legislation
•    Sources of business funds
•    Cash account, profit and loss account, and balance sheet – for as many years needed until the business demonstrates a suitablenet profit

Format

1)    Written Business Plan
You are required to produce a detailed, written business plan.  Furthermore:

•    Substantiate and support ALL comments with reliable and valid sources
•    Read your student handbook regarding the accepted referencing style
•    Read your student handbook regarding the appropriate use of appendices
•    Read your student handbook regarding the accepted presentation regarding: fonts, alignment and spacing, heading, page numbers etc.
•    Demonstrate a clear understanding of the requirements of an effective, efficient and informative business plan

You are also strongly advised to ensure that your work is proof read in order to avoid any spelling or grammatical errors

Length
Business Planshould be no longer than 2000 words

Grading Criteria
UCB’s Generic Grading Criteria for HE work at level 5 apply to this assessment

Plagiarism
College policy will apply in cases of plagiarism or other methods by which students have obtained an unfair advantage.