Assignment –
Purchasing a Business
Answer questions below.
Copy each question and type your answers below it. Minimally, 2 paragraphs per question, 5-6 sentences per
paragraph. Include content from the readings and your own research. Use APA formatting for cover page and when
citing. Submit paper by Sunday at 11:59 pm.
List several factors an entrepreneur should consider before
choosing a form of ownership?
Discuss the advantages and the disadvantages of franchising.
When evaluating an existing business that is for sale, what
are several areas an entrepreneur should consider? Explain why.
Assignment –
Feasibility
Answer questions below.
Copy each question and type your answers below it. Minimally, 2 paragraphs per question, 5-6 sentences per
paragraph. Include content from the readings and your own research. Use APA formatting for cover page and when
citing. Submit paper by Sunday at 11:59
pm.
What is involved in a feasibility analysis, and what value
might it provide?
Why are pro forma financial statement important to the
financial planning process?
How can an entrepreneur launching a new business forecast
sales?
Mid-Term Assignment –
Business Plan Outline
Provide an outline of your Business Plan to date using either
of the following options:
1) Option 1 -The
Business Plan for a Startup Business document provided in Course Information –
Introduction to Business Plan Assignment;
OR:
2) Option 2 – The 14 elements of a Business Plan starting on
course text page 268.
Discuss your challenges and successes up to this point. Describe what you feel you may need help
with.
Assignment –
Globalization
Answer questions below.
Copy each question and type your answers below it. Minimally, 2 paragraphs per question, 5-6 sentences per paragraph.
Include content from the readings and your own research. Use APA formatting for
cover page and when citing. Submit paper by Sunday at 11:59 pm.
Describe the barriers businesses face when trying to conduct
business internationally. How can a small business owner overcome these
obstacles?
What mistakes are first-time exporters most likely to make?
Outline the steps a small company should take to establish a successful export
program.
List and outline (1 paragraph per strategy) the nine
strategies that small businesses can use to go global.
Assignment – Business
Plan Update
Submit an update on your Business Plan. With 3 weeks left to
go, discuss your progress to date, challenges encountered and questions you may
have. Due by Sunday at 11:59 pm.
Final Assignment –
Submit Small Business Plan Assignment
Business Plan Assignment
Everyone will have the opportunity to create a Business Plan
proposal for a new or existing business, product, or service line. It is
understood that 8 weeks is not enough time to develop a comprehensive plan, and
a fictional plan is perfectly acceptable under these circumstances. The idea
here is to practice creating a plan and understanding the steps necessary for
submitting a successful Business Plan. The plan does not have to be for a new
business; it can include the following:
An existing business you may like to buy
Creating a new department or division in an existing company
Developing a new product or service for an existing company
(in essence you would be creating a new deparatment or division that would
essentially start from the ground-up)
Other ideas you have with permission of the instructor
Many students take this opportunity to develop a plan for a
business they would like to start part-time now, in the near future, or once
they retire. This is perfectly
acceptable and certainly encouraged. The
idea is to get you excited about the process and possibility of actually using
this research you will perform, for the actual plan once the time is right.
Attached to this section is reference material that will help you better
understand the structure and content of the Business Plan. Although very comprehensive, it is understood
that the expectations for emulating these plans are significantly lowered for
this course.
It is important to address each element of the Business Plan
in your proposal, and the text does a great job in explaining this process. If
you have any questions about any of the steps, please contact me for
assistance. There are also discussion board questions specifically designed to help
you navigate this process. You will have the opportunity to discuss your
progress with other students and benchmark your progress.
Your business plan will be graded according to the following
rubric:
Business Plan Rubric
|
Task |
Point Value (out of 100) |
|
Proper |
20 |
|
Proper |
30 |
|
Insights |
30 |
|
Practical |
20 |
