Title: YourNewBusiness
Introduction
Likesomanyothersbeforeyou,youhavedecidedtosetupyourownbusiness.
.
Havinginvestigatedvariousoptions,youhaveconcludedthatyour’idea’isviable,it suitsyou
•andcandeveloptobeaninterestingenterprisewithgoodfinancialresults.
Yourprojectcanbeassmallorasbigasyouwantto.Similarly,your’idea’doesnothavetobe
,
‘unique’.Infact youmightconsiderbringinganestablishedserviceorproducttoanewmarketordevelopanexistingconcepttoanewapplication.Itisadvisablethatyouselectathemethatisnottotallyfictitiousorimaginary.Theclosestyouaretoreality,theeasieritwillbeforyoutothinkyourprojectthroughproperlyandpresentittoothers.Ideally,youwantto
Presentsomethingthatyouaregenuinelyconsideringasanalternativeforyourfuture.
.
Whoknows?Maybeitwillhappen!
Toget yournewbusinessstarted,youneedtoapproachfinanciersIlendersIinvestorstohelp
You raise. The necessary capital for your purposes.Youtherefore needto put togetherabusinessproposalwhichwillincludeacomprehensivebusinessplanandanyotheradditionalmaterialthatwillconvinceyouraudiencetobackyouup.Youshouldbeclearinhowmuch•fundingyouneed,forhow longandhowyouaregoingto paybackinawaythat willbeworthwhileforyoursupporters.
It is important that both your presentation and yourwritten proposal cover the subject•adequatelyandinawaythattheygenerate’confidence’inthevalidityofyourarguments.Itisworthkeepinginmindatalltimesthegoldenrule:
You+idea+(money/credit+facilities/people)=Product/service•+marketing= Money/credit=Profit
1
Institutionallenderswillberepresentedbyapanelof’experts’whowill receiveyourpresentationandacopyofyourreport.Theroleoftheordinary’investors’willbeplayedby theother membersoftheclasswhowill judgeyourprojectaswell.
•
OralPresentation
Yourpresentationshouldbeabout15minutesandyouareexpectedtohavepreparedslidesonthetopicsofdiscussion.Itwillbefollowedbyquestionsfromthepanelandtheaudience.Youarewelcometobringyourguestsalong,especiallyifyouaretryingtoconvincethemtoinvestinyourbusiness!
Layoutofreport:
..
Thefollowingheadingsshouldbeused:
1. Titleofassignment(Nameofthebusiness)
2. Yournameandcourse(F/TorP/T)
3. ExecutiveSummary (1 Page)
4. Headingsandsub-headingsasappropriate
5. Appendices(ifany)
6. Few slides of presentation (to convince the customer to buy our product/ service) I need a Word file and a PowerPoint file
a) Thereportistobeword-processed,with1½linespacingandthepagesnumbered..
Business plan marketing scheme:
Student name………
Business plan title…
a- Idea/concept (originally, technology elements & MARK2:play with the Clint before launching)(15 Marks)
b- Executive summary (15 Marks) 1 page
c- Report Quality / presentation (length, appearance etc.) (10 Marks)
d- Report structure, components-chapters (Max 50 Marks)(0-5 mark each)
1- The business objective and related strategy
2- Principal activities, product and history
3- The market, customers and competitive (who is my customer)
4- Research and development
5- The management
6- The basis of operations
7- Major resources requirement
8- Financial information (cash flow)
9- Principal risk
10- The long-term plan for the business
e- Detailed financial and appendices (10 Marks)