Entrepreneurship Project: Identify emerging business opportunities in a sector of the student’s choosing
Module / Subject / School:
Project 1 – Opportunity Analysis for a new venture
This assessment comprises of a 2000 word research report, identifying emerging business opportunities in a sector of the student’s choosing, followed by a critical analysis of the options culminating in justified recommendations for New Venture creation. It is assessed on a range of appropriate criteria, including: recognition of the importance of an entrepreneurial approach to the process of opportunity spotting / management; breadth and currency of research sources;
appropriate use of analytical methods and frameworks; evidence of applied innovation; critical thinking, good scholarly practice and presentation
Project 2 – Business Plan of a new venture
This assessment comprises a 3000 word business plan. It is a comprehensively researched proposal for the formation of a New Venture, together with a clear strategy for growing the business in the medium term. Assessment criteria will include: clarity of business objectives; proof of market; management and operational detail; promotional and marketing planning; consideration of funding requirements; justified financial costings and forecasts; explicit growth strategy; evidence of innovation and entrepreneurial focus; presentation to a good commercial standard. (Please use the format given to you in the appendix section)
What we score:
Our Writer’s Comment
In doing this assignment, be sure to use appropriate analytical methods and frameworks when creating your 2000-word research report. You must be critical in analysing the options culminating in justified recommendations for New Venture creation. Remember that it must also contain evidence of applied innovation to score well for the assessment. Another thing to keep in mind in writing your opportunity analysis for a new venture is making good references. Be sure to use appropriate sources for this assignment for a high-quality output. Spend a good amount of time researching and critically evaluating the options.
In the second assessment, you must see to it that you are able to create a comprehensive business plan. Be sure to be clear in explaining your strategy and why it is necessary in order to successfully grow the business in the medium term. Before you start writing, though, you must plan it out first. 3000 words may sound a lot, but when you are in the middle of creating your plan, you might think that you will need more than the required word count. Planning everything out, including the research, will help you create a more concise and structured business plan that readers would find easy to follow.
Before you submit, you must spend your time checking whether everything that must be added have been included in your opportunity analysis, as well as your business plan.
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