A. You are required to identify a new start-up business and seek funding from the Ell for one of the following:
1) Setting up a small hotellguesthouse,
2) Opening a new gym
3) Establishing a management or technical consultancy business
4) Any other idea you may have to start-up a business (to be agreed)
And write a report to the potential lnvestor:
(lndicative word length, 3000 words)
You are required to identify the following specifically and succinctly:
o State your business’s Unique Selling Point,
o Undertake an environmental analysis clearly stating the industry sector, any lndustry characteristics?
(Maturity, regulations), lndustry in numbers? (Growth rate, margins)
r Undertake a Competitive Analysis including a SWOT,
. Key success factors in the industry (20 marks)
B. Prepare a 3-year financial forecast
Construct a Pro-forma lncome statement, balance sheet, and cash flow statement over three years. (You
may wish to provide additional information such as a quarterly forecast, for example, if you expect
seasonal fluctuations in sales.)
Clearly state and discuss what type of performance ratios would be important to your business. Show
your business ratios versus other comparable (if any) organisations that are performing. (40Marks)
G. State the amount of finance you need to borrow for the business
Show clearly appropriate sources of funding (potentialfor multiple sources). (10 Marks)
D. Presenting the business plan- The PITGH
Prepare a poster outlining your start-up idea to a potential investor/lender and persuade them to see you again
to find out more. This will require you to know exactly what is unique about your product or service and what the
investor/lender is interested in. (20 Marks)
E. Personal Reflection
Reflecting on your overall learning experience briefly discuss what you have gained from undertaking this
module including the various tasks within this assignment. You should include a reflection of your
lectures/seminars/workshops and own time, in shaping your learning environment (max 2 A4 pages). Likewise include what you would do differently now knowing what you do. (10 Marks)
Total (100 marks)
You should make use of all available sources and current thinking on SMEs should be centralto your
analysis and illustrated regarding current articles from relevant journals and from broadsheet
newspapers (e.9., Financial Times). Use should be made of the library’s electronic databases such as
Science Direct, Emerald, etc.
o You should apply theoretical concepts and models relating to the entrepreneurial process and the
various stages of growth and development of the business.
r Once you have done your research you will need to write your report in which you will present a formal
business plan demonstrating the business concept, the marketing strategy, and the financials including
for the future qrowth andratio analysis findinqs for the future qrowth and development of the busines