Entrepreneurship 20, 30
Construct a detailed business plan for a proposed start-up.
Indicators for this outcome
| (a) | Differentiate between a business model canvas and a business plan. |
| (b) | Discuss reasons (e.g., obtaining financing and planning a start-up or expansion) for preparing a written business plan. |
| (c) | Analyze prepared business plans to identify and describe common components (e.g., executive summary, company description, market analysis, financial projections, operational plan, succession plan and conclusion) of a business plan. |
| (d) | Examine characteristics (e.g., written in plain, easy-to-understand language; research-based; well-defined market; and, realistic) of an effective and well-written business plan. |
| (e) | Develop a written business plan for a proposed start-up. |
| (f) | Present the business plan to potential investors or supporters. |
| (g) | Reflect on feedback received from potential investors or supporters. |
| (h) | Make required adjustments to the business plan. |
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