A business plan

Assignment 1 MGT402 (1st Term 2022-2023)

Deadline: 08/10/2022 @ 23:59

Course Name: Entrepreneurship and small business Student’s Name:
Course Code: MGT402 Student’s ID Number:
Semester: 1st CRN:
Academic Year: 1444 H (2022-2023)1st Term

 

For Instructor’s Use only

Instructor’s Name:
Students’ Grade:   /15 Level of Marks: High/Middle/Low

Instructions – PLEASE READ THEM CAREFULLY

  • This assignment is an individual
  • Due date for Assignment 1 is 08/10/2022
  • The Assignment must be submitted only in WORD format via allocated folder.
  • Assignments submitted through email will not be accepted.
  • Students are advised to make their work clear and well presented, marks may be reduced for poor presentation. This includes filling your information on the cover page.
  • Students must mention question number clearly in their answer.
  • Late submission will NOT be accepted.
  • Avoid plagiarism, the work should be in your own words, copying from students or other resources without proper referencing will result in ZERO marks. No exceptions.
  • All answered must be typed using Times New Roman (size 12, double-spaced) No pictures containing text will be accepted and will be considered plagiarism).
  • Submissions without this cover page will NOT be accepted.

 

 Entrepreneurship and small business

ASSIGNMENT -1

Submission Date by students:  Before the end of Week- 6th

Place of Submission: Students Grade Centre

Weight:     15 Marks

Learning Outcome:

  1. Describe the place of small business in history and explore the strengths and weaknesses of small business.
  2. Design a solid projected financial plan and conduct a breakeven analysis for a small company.
  3. Demonstrate the ability to deliver and communicate marketing massages in coherent and professional manner.

 

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.

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.

Please, think and share information on the following items:

  1. Owners, capital structure and company profile (3 Marks)
  2. Your Business Name, Address, E‐Mail
  3.  Form of ownership: What is the legal structure? Sole proprietor, Partnership, Corporation….
  4. Investment capital
  5. Company Business Description (300 – 400 words)
  6. Scope and type of business (5 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?

 

  1. Business Philosophy (4 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?
  1. Products and Services (3 Marks)
  2. Briefly discuss your products or services (Technical specification).
  3. Size of business: how many employees? How many offices and retail facilities?
  4. What factors will give you competitive advantages or disadvantages? Examples, include level of quality or unique or proprietary features.

           

Note: Use APA style of referencing

Place your order
(550 words)

Approximate price: $22

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
$26
The price is based on these factors:
Academic level
Number of pages
Urgency
Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

Read more

Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

Read more

Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.

Read more

Privacy policy

Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.

Read more

Fair-cooperation guarantee

By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.

Read more