BM7228 - Individual presentation of a business idea

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Assignment Task

Question

1. Explain and justify the business idea chosen, including your decision-making in regards to choosing the industry and the location for your business; 

2. Distinguish and categorize the various legal forms of business and identify an appropriate form for your proposed business;

3. Demonstrate evidence of research and a critical understanding of the development of competitive advantage and point to your USP for your business idea.

4. Suggest a timeline for the development of your business idea (Gantt Chart) and identify the potential barriers that it might face. Convert your market plan Gantt chart of Assignment 2 for this activity! You must also provide a breakdown of the funding needed to produce a working prototype of your business. (see the sample Business plan).

5. Special Instructions - Any additional data, photos and charts supporting your Business Case should be added as an Appendix. Make sure to reference carefully all your sources.

 

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