Assessment Task 1 – Business Plan
Students will be required to prepare a comprehensive business plan for a start-up or early stage business, including financial projections and valuations. Students will be assigned to a team of four. Ability to work well in a group is an important skill for a career in business. Your assignment is to prepare a business plan aimed at raising equity funding for a new or start-up venture. The venture can relate to any business idea but should not be based on taking out a franchise. Developing a business that has franchise potential or where franchising or licensing could be expected to be a viable growth path is acceptable. Business that involve securing rights to a form operating in another country and importing the business to Australia will not be accepted. If in doubt about the suitability of your venture, please contact the LIC to confirm acceptability.
Weighting: 30% Length and/or format: 3000 words±10%, excluding exhibits and references Purpose: To asses understanding of the key learning outcomes of business plan and financial projection preparation Learning outcomes assessed: 1, 3, 4, 6 How to submit: via LEO/Turnitin Return of assignment: via LEO Assessment criteria: Submissions will be assessed using the rubrics in the unit outline and the instructions in this document. Students must submit soft copies of Word documents via LEO/Turnitin. Students are advised that any materials submitted for assessment may be subjected to electronic and other means of checking for authenticity of authorship. The software used for checking originality compares works submitted by students with published material from a variety of sources, including the Internet.
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