Entrepreneurship and small business (MGT 402)

Start-upBusinessPlan

• Owners, capital structure and company profile (2 Marks)

a. Your Business Name, Address, E‐Mail

b. Form of ownership:What is the legal structure? Sole proprietor, Partnership, Corporation….

C. Investment capital

• Company Business Description (300 – 400 words)

A. Scope and type of business

What business will you be in? What will you do? What market segment will you choose?

Business idea: what is your big idea? Is it a product or a service? What makes your idea different? Mission Statement Company’s short-term and long-term goals and objectives. Target market and demographics: Who will your customers be? Where do they live? What is yourtarget market passionate about?B. BusinessPhilosophy What is importantto you in your business?Describe your Industry: Is it a growth industry? What long-term or short-termchanges do you foresee in the industry? How will your company take advantage ofit? Describe your most important company strengths andcore competencies: What factors will make the company succeed? What do youthink your major competitive strengths will be? What background experience,skills, and strengths do you personally bring to this new venture? Risk Assessment: Evaluate the strengths andweaknesses of your business using SWOT.Whois your competition and how do you beat them? ‫المملكة العربية السعودية‬
‫وزارة التعليم‬
‫الجامعة السعودية اإللكترونية‬
Kingdom of Saudi Arabia
Ministry of Education
Saudi Electronic University
College of Administrative and Financial Sciences
Assignment 1
Entrepreneurship and small business (MGT 402)
Due Date: 05/10/2024 @ 23:59
Course Name: Entrepreneurship and small
business
Course Code: MGT402
Student’s Name:
Semester: First
CRN: 16505
Student’s ID Number:
Academic Year:2024-25-1st
For Instructor’s Use only
Instructor’s Name: Dr. Mir Satar
Students’ Grade: / 10
Level of Marks: High/Middle/Low
General Instructions – PLEASE READ THEM CAREFULLY
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Restricted – ‫مقيد‬
The Assignment must be submitted on Blackboard (WORD format only) via allocated
folder.
Assignments submitted through email will not be accepted.
Students are advised to make their work clear and well presented, marks may be reduced
for poor presentation. This includes filling your information on the cover page.
Students must mention question number clearly in their answer.
Late submission will NOT be accepted.
Avoid plagiarism, the work should be in your own words, copying from students or other
resources without proper referencing will result in ZERO marks. No exceptions.
All answered must be typed using Times New Roman (size 12, double-spaced) font. No
pictures containing text will be accepted and will be considered plagiarism).
Submissions without this cover page will NOT be accepted.
Learning Outcomes:
1. Describe the place of small business in history and explore the strengths and weaknesses
of small business.
2. Design a solid projected financial plan and conduct a breakeven analysis for a small
company.
3. Demonstrate the ability to deliver and communicate marketing massages in coherent and
professional manner.
4. Illustrate the ability to think independently and systematically on developing a viable
business model.
Assignment Workload:
This assignment is an individual assignment.
Start-up Business Plan
Assume yourself as an entrepreneur of a small startup business in Saudi Arabia.
Write brief notes on the following objectives:
1. Owners, capital structure and company profile (2 Marks)
a. Your Business Name, Address, E‐Mail
b. Form of ownership: What is the legal structure? Sole proprietor, Partnership,
Corporation….
C. Investment capital
2. Company Business Description (300 – 400 words)
A. Scope and type of business(4 Marks)
What business will you be in? What will you do? What market segment will you
choose?
• Business idea: what is your big idea? Is it a product or a service? What makes
your idea different?
• Mission Statement
• Company’s short-term and long-term goals and objectives.
Restricted – ‫مقيد‬
• Target market and demographics: Who will your customers be? Where do they
live? What is your target market passionate about?
B. Business Philosophy (4 Marks)
What is important to you in your business?
• Describe your Industry: Is it a growth industry? What long-term or short-term
changes do you foresee in the industry? How will your company take advantage
of it?
• Describe your most important company strengths and core competencies: What
factors will make the company succeed? What do you think your major
competitive strengths will be? What background experience, skills, and strengths
do you personally bring to this new venture?
• Risk Assessment: Evaluate the strengths and weaknesses of your business using
SWOT.
•Who is your competition and how do you beat them?
Note: Use APA style of referencing
Restricted – ‫مقيد‬
Answers
1. Answer2. Answer-
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