Task
Your task is to develop an creative idea for your own business. You will then write a business plan, and prepare a professional business plan presentation. Your final products will be the written plan and the presentation.
Your business plan will include the following sections:
- Cover Page (includes business logo and slogan/ tagline)
- Executive Summary
- Product or Service Description
- Market Landscape
- Operational Plan
- Sales and Marketing Plan
- Financial Plan
- Appendices
Before you begin, visit the links below to learn about entrepreneurship and small business. Be prepared to discuss them in class.
Process
The following link provides you with a step-by-step plan for creating your business plan. Each section contains examples, resources, and other useful information for creating your business plan. You will need to interject your own information into each section.
After you open your Word document make sure you save it several times and before the end of class ensure that you email it to yourself. We will continue working on this assignment over the next few days.
After you have completed your business plan you will present it to the instructor and the board of directors (students) in an attempt to gain investors.
Evaluation
EVALUATION
Your business plan project will be evaluated using the rubrics below.
Business Plan Rubric (written business plan)
|
Scale: |
Points = 440 |
|
Cover Page |
0 1 2 3 4 |
|
Table Of Contents |
0 1 2 3 4 |
|
Executive Summary |
0 1 2 3 4 |
|
Business Description |
0 1 2 3 4 |
|
Market Analysis |
0 1 2 3 4 |
|
Sales and Marketing |
0 1 2 3 4 |
|
Management |
0 1 2 3 4 |
|
Financials |
0 1 2 3 4 |
|
Bibliography |
0 1 2 3 4 |
|
Report Mechanics |
0 1 2 3 4 |
|
Report Format
|
0 1 2 3 4 |
|
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Click here for a printable version of the business plan rubric.
Business Plan Presentation Rubric
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Preparedness |
Student is completely prepared and has obviously rehearsed. |
Student seems pretty prepared but might have needed a couple more rehearsals. |
The student is somewhat prepared, but it is clear that rehearsal was lacking. |
Student does not seem at all prepared to present. |
|
Content |
Shows a full understanding of the topic. |
Shows a good understanding of the topic. |
Shows a good understanding of parts of the topic. |
Does not seem to understand the topic very well. |
|
Business Plan Feasibility |
Feasible, complete and worth funding. |
Worthy, but lacking essential information. |
High risk business, may be subject to failure. |
Business will not be successful. |
|
Business Plan Content |
Complete, visual aids(charts & graphs), |
Complete, no visual aids |
Partially complete, no visual aids. |
Incomplete |
|
Props |
Student uses several props (could include costume) that show considerable work/creativity and which make the presentation better. |
Student uses 1 prop that shows considerable work/creativity and which make the presentation better. |
Student uses 1 prop which makes the presentation better. |
The student uses no props OR the props chosen detract from the presentation. |
|
Stays on Topic |
Stays on topic all (100%) of the time. |
Stays on topic most (99-90%) of the time. |
Stays on topic some (89%-75%) of the time. |
It was hard to tell what the topic was. |
|
Enthusiasm |
Facial expressions and body language generate a strong interest and enthusiasm about the topic in others. |
Facial expressions and body language sometimes generate a strong interest and enthusiasm about the topic in others. |
Facial expressions and body language are used to try to generate enthusiasm, but seem somewhat faked. |
Very little use of facial expressions or body language. Did not generate much interest in topic being presented. |
|
Attire |
Business attire, very professional look. |
Casual business attire. |
Casual business attire, but wore sneakers or seemed somewhat wrinkled. |
General attire not appropriate for audience (jeans, t-shirt, shorts). |
|
Speaks Clearly |
Speaks clearly and distinctly all (100-95%) the time, and mispronounces no words. |
Speaks clearly and distinctly all (100-95%) the time, but mispronounces one word. |
Speaks clearly and distinctly most ( 94-85%) of the time. Mispronounces no more than one word. |
Often mumbles or can not be understood OR mispronounces more than one word. |
|
Listens to Other Presentations |
Listens intently. Does not make distracting noises or movements. |
Listens intently but has one distracting noise or movement. |
Sometimes does not appear to be listening but is not distracting. |
Sometimes does not appear to be listening and has distracting noises or movements. |
Click here for a printable version of the business plan presentation rubric.
Conclusion
Congratulations! You have successfully developed your business idea, planned all elements of a business,created a professional business plan, and presented your business idea. You are now on your way to becoming an entrepreneur and opening your own business!
