o You will need to comment on your financial statements eg Breakeven analysis

O you will need to comment on your financial

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o You will need to comment on your financial statements eg. Breakeven analysis – volume of sales to break even. To complete this section, you will need to research the costs of manufacturing your product and the expenses that businesses have. A few things that you will need to consider: o Sources of funds - where are you going to get the money from to finance your business? o Establishment costs - how much money am I going to need to get started? Be as realistic as you can, eg. research wages for your industry.
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o Operational costs - how much money am I going to need to keep the business going? Human resources plan o Forecasting and planning of the staffing requirements in terms of the number of employees, task analysis, skills and qualifications required, employee appraisal schedule, organizational chart. Include (marked) Stage 1(Situation Analysis) with Stage 2. Staple both sections together for submission. Make sure the Executive Summary is placed at the beginning of your business plan. Ensure the marking criteria is attached from Stage 1. Include a word count. Use size 12 Times Roman. Do NOT present this assignment in a presentation folder or a plastic sleeve. BUSINESS PLAN: STAGE ONE Section Marking Criteria Marks Situation Analysis Complete thorough identification of 10-9
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goals, objectives, vision/mission statement, target market, location, competitor analysis/SWOT. Appropriate business structure and language. Identification of goals, objectives, vision/mission statement, target market, competitor analysis/SWOT. Uses business language a structure. Good overview of required information. Some structure and use of business language. General overview of required information but missing parts. Basic plan structure and language. Basic information .Lacks structure. Language developing. Not attempted 8-7 6-5 4-3 2-1 0 BUSINESS PLAN: STAGE 2 Section Marking criteria Marks
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Executive summary Clear outline of business plan Synthesis of business plan Summarises the business plan in general terms Basic overview of plan Very short outline Not attempted 5 4 3 2 1 0 Operations Plan Detailed provision of production information, production process, facility, materials and employee requirements
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  • Summer '16
  • Smith Eliud
  • Marketing, It, Business studies

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