Ebio enterprise living map

Starting up work as a small business and earn money while you share with others and the processes and procedures are repeated many times. (16 credits)

Produce a business plan for new venture (4.06) - Core Unit Standard

Specific Outcome

Assessment criteria

Bridging the Gap

Ebio Competency Programme: Information and Examples

Organize and Review your competencies

Cause business plans for new ventures to be created. Show you can be part of a group to do create work and plan it in business plans in compelling events cause by yourself all the time anytime and with anyone.  Ben Thron and Barry du Plessis (Experts in producing a business plan)

SO 1

Identify, gather and analyse the relevant information needed to compile a plan for a new venture.

http://www.bplan.com

AC 1.1

Understand the purpose and importance of a business plan.

Walk and Talk (Chap.7): Performance and Information Process

AC 1.2

Discuss the different elements of a successful business plan.

AC 1.3

Information on the resources needed and procedures to be followed to achieve the plan is compiled.

AC 1.4

The industry specific and legal requirements for own venture are identified and explained.

SO 2

Formulate an ethical framework for the operational plans of a venture.

J. Welch (Chap. 1: 13 - 24): Mission and Values

AC 2.1

Examine business, personal, ethical and social responsibilities in the context of the new venture operation.

AC 2.2

Identify potential constraints and issues in new venture operations.

AC 2.3

Policies and procedures for business practices are formulated and communicated to stakeholders.

AC 2.4

Effective communication strategies between the new venture, the target market and the community are planned and executed.

AC 2.5

Networking possibilities for operating effectively within the surrounding environments are investigated and contacts established.

SO 3

Establish and prioritise business, financial and/or operations goals and objectives for a new venture.

Walk and Talk (Chap.7): Goal settings

Business aims and objectives

AC 3.1

Articulate and align personal objectives and aligned to the plans of own venture.

AC 3.2

Analyse business objectives and formulate specific goals to achieve objectives set out for own business.

AC 3.3

Compile a vision statement of a new venture to represent goals and objectives set for own venture.

AC 3.4

Formulate specific short and long term goals allowing flexibility for possible changing circumstances.

SO 4

Design and present business, financial and/or marketing plans based on a budget for a new venture.

J. Welch (Chap. 12): Budgeting

Budgets

AC 4.1

Describe the business of the venture described based on research and analyses of competitors.

AC 4.2

Design the structure and layout of the business plan to be compatible with the nature of own venture.

AC 4.3

Present marketing and promotion of the own venture in the business plan.

AC 4.4

Finance requirements for the business are stated in the business plan.

AC 4.5

The projected income and expense items for own venture are tabulated in the business plan.

AC 4.6

The costs, risks and proposed infrastructure of the operations plan is presented in the business plan of own venture.

AC 4.7

Relevant documentation is compiled to support the business plan.

AC 4.8

Business plan information is presented in relevant and clear format.