Title: YourNewBusiness – Engineering Business Management Consultant
Introduction
Likesomanyothersbeforeyou,youhavedecidedtosetupyourownbusiness.
.
Havinginvestigatedvariousoptions,youhaveconcludedthatyour’idea’isviable,it suitsyou
- andcandeveloptobeaninterestingenterprisewithgoodfinancialresults.
Yourprojectcanbeassmallorasbigasyouwantto.Similarly,your’idea’doesnothavetobe
,
‘unique’.Infact youmightconsiderbringinganestablishedserviceorproducttoanewmarketordevelopanexistingconcepttoanewapplication.Itisadvisablethatyouselectathemethatisnottotallyfictitiousorimaginary.Theclosestyouaretoreality,theeasieritwillbeforyoutothinkyourprojectthroughproperlyandpresentittoothers.Ideally,youwantto
Presentsomethingthatyouaregenuinelyconsideringasanalternativeforyourfuture.
.
Whoknows?Maybeitwillhappen!
Toget yournewbusinessstarted,youneedtoapproachfinanciersIlendersIinvestorstohelp
You raise. The necessary capital for your purposes.Youtherefore needto put togetherabusinessproposalwhichwillincludeacomprehensivebusinessplanandanyotheradditionalmaterialthatwillconvinceyouraudiencetobackyouup.Youshouldbeclearinhowmuch·fundingyouneed,forhow longandhowyouaregoingto paybackinawaythat willbeworthwhileforyoursupporters.
It is important that both your presentation andyourwritten proposal cover the subjectadequatelyandinawaythattheygenerate’confidence’inthevalidityofyourarguments.Itisworthkeepinginmindatalltimesthegoldenrule:
You+idea+(money/credit+facilities/people)=Product/service·+marketing= Money/credit=Profit
1
Institutionallenderswillberepresentedbyapanelof’experts’whowill receiveyourpresentationand a copy ofyourreport.Theroleoftheordinary’investors’willbeplayedby theother membersoftheclasswhowill judgeyourprojectaswell.
OralPresentation
Yourpresentationshouldbeabout15minutesandyouareexpectedtohavepreparedslidesonthetopicsofdiscussion.Itwillbefollowedbyquestionsfromthepanelandtheaudience.Youarewelcometobringyourguestsalong,especiallyifyouaretryingtoconvincethemtoinvestinyourbusiness!
Report layout:
..
Thefollowingheadingsshouldbeused:
- Title of assignment (Name of the business) – Engineering Business Management Consultant
- Yournameandcourse(F/TorP/T)
- ExecutiveSummary (1 Page)
- Headingsandsub-headingsasappropriate– Table of content
- Introduction (1-2 pages)
- Objectives (1 page)
- Report (12 pages)
- Conclusion (1 page)
- Appendices(ifany)
- Few slides of presentation (to convince the customer to buy our product/ service)
Thefollowingaremandatoryrequirementsforthecompletedreport:
- Thereportistobeword-processed,with1½linespacingandthepagesnumbered..
- Thereport isNOTtoexceed3000words. (Rememberthe20pagerule!).
Business plan marketing scheme:
Student name………
Business plan title – Engineering Business Management Consultant
- Idea/concept (originally, technology elements & MARK2:play with the Clint before launching)(15 Marks)
- Executive summary (15 Marks)
- Report Quality / presentation (length, appearance etc.) (10 Marks)
- Report structure, components-chapters (Max 50 Marks)(0-5 mark each)
- The business objective and related strategy
- Principal activities, product and history
- The market, customers and competitive (who is my customer)
- Research and development
- The management
- The basis of operations
- Major resources requirement
- Financial information (cash flow)
- Principal risk
- The long-term plan for the business
- Detailed financial and appendices (10 Marks)
- Power Point presentation slides covering the topics of discussion
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