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ENTR 4P10: Planning New Venture Creation

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Planning A New Business Venture Assignment - Healthy Home

Added on - 2020-10-22

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Week 4 - Assgnment 1 Strategic Business Plan for a New Venture

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This strategic business plan details a structured plan of an investment in an African country, Zambia for the manufacture of plastic lumber from recycled plastic waste. The plan is in line with the strategy of XY Investments Inc. to diversify into untapped areas offshore without XY Investments Inc. footprint. This will ensure continued enhancements of human capital development, corporate social responsibility (CSR), enhanced robust risk management platform, treasury and accounting function. In this regard, a subsidiary company XY Poly Ltd. has been incorporated in Zambia as a vehicle through which the holding company, XY Investments Inc. will spread its corporate footprint into Africa as part of its grand strategy to meet long term objectives and a generic strategy to meet strategy in the short term.

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Planning a New Business Venture Assignment

Assignment Task

ATHE Unit Name & Code : Planning a new Business venture

ATHE Level :  Level 5

You have been offered the opportunity to set up your own business!   An anonymous backer has seen your potential and has provided you financial backing.  Your sponsor does not mind how the money is handled as long as the following conditions are met:

Task 1 – Research and report

You must decide how to use the money.  What type of business organization are you going to operate? What is the current market in which your organization/venture will be operating?

Write a formal report to support your pitch (AC 4.2 part).  It should include:

a) Different types of business organizations that you could set up and an analysis of the potential profits, limitations, and risks associated with each (AC 1.1)

b) A review of the sources of finance for each type of business organization (AC1.2) analyzed in (a)

c) An evaluation of the legal problems relevant to planning a business venture (AC 1.3)

d) An examination of the market requirements that will impact on setting up your new business venture (AC 2.1)

Task 2 Business Planning

Prepare a business plan for your preferred venture (AC 4.2 part).  You should include as a minimum section about:

A)  The organisation

B)  The Product

You need to explain the need for your business product.  To do this, you will want to:

C)  Forecasts

Your backer will want to know the return on his money!

Task 3 – Your pitch

You must now meet with you backer to:

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COMMENTS

  1. The Elements of a Business Plan: First Steps for New

    Audience: Entrepreneurs planning a new venture Content: Outlines the basics of a business plan Outcome: Readers will understand the purpose of and elements required to write a business plan for a new venture By organizing your thoughts on a possible business venture into a business plan, you begin the process of creating a successful enterprise.

  2. Business Plans

    A guide to conducting research for your new venture plan assignment. Covers finding business ideas, company & industry research, markets, financials, sample business plans, and APA style help. Sample business plans and tips on writing a plan

  3. Planning A New Business Venture Assignment

    Trusted by 2+ million users, 1000+ happy students everyday Subscribe Now. Showing pages 1 to 4 of 12 pages. Planning A New Business Venture

  4. Week 4

    Week 4: Assignment 1 Develop a Strategic Business Plan for a New Venture This Strategic Management Process should contain whatever is necessary to start-up a company from scratch, including the new company’s philosophy, mission, objectives, strategies and tactics, CSR, an analysis of the firm’s internal and external environment, organizational …

  5. Planning a New Business Venture Assignment

    Prepare a business plan for your preferred venture (AC 4.2 part). You should include as a minimum section about: A) The organisation You will require developing the mission, vision, aims, and objectives of the business (AC 3.1) Propose business structures and methods that will deliver the business aims and objectives (AC 3.4) B) The Product