NUM2405 - Legal and Ethical Practice in Nursing and Midwifery Assignment

Assignment Task

Description

This assessment continues the work in Assessment 3. Key to this task will be the provision of a professional business plan that confirms, through additional depth of discussion from Assessment 2, the viability and potential profitability of your venture. The business plan further tests the robustness of your venture and its attractiveness as an investment opportunity for an Angel Investor/Venture Capitalist

The report should include:

1. An effective introduction outlining the objective of the report and a general description of the venture

2. Business Description: an external environmental and industry analyses

3. Business Description: mission and/or vision and strategic approach based on Porter's generic strategy incorporating discussion relating to intellectual asset protection

4. Business Description: development of a value proposition, which communicates the uniqueness of the product, incorporated within a Business Model Canvas

5. Marketing: description of the proposed target market including size and trend

6. Marketing: articulation of the value of the innovation about product, pricing, and distribution strategies and construction of a lean marketing communications plan

7. Operations: an overview of the production or service process and/or logistics including a rationale for the operation's location

8. Management: description of style and overview of initial organisational structure

9. Management: identification and rationale for proposed legal structure

10. Financial: clear communication of realistic financial data including profit and loss statement/s over three years and break-even analysis

11. Financial: clear identification of level and type of funding sought that provides the investor with a sustainable investment opportunity

12. Critical Risks: development of a table identifying key risks to the successful commercialization of the venture and proposed mitigation strategies

Logistics: It is recommended that students utilize the Appendices to ensure adherence to the stipulated word count. To assist in the compilation of the report, organizational structure, and Gannt chart can be incorporated into the body of the report as pictures.

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