Unit 11 DB: Benefits of Business Ownership Discuss 2-3 major benefits of business ownership Please r
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Unit 11 DB: Benefits
of Business Ownership
Discuss 2-3 major benefits of business ownership Please
reply to at lest three of your classmates postings
Unit 12 DB: Ethics
and CSR
Share your perspective and discuss with your classmates the
following topic: Why are ethics sand Corporate Social Responsibility so
important to a small company?
Unit 2 DB: Business
Plan
In Unit 8 you will submit a Business Plan for a business of
your choice Discuss with your classmates the type of business you are planning
on focusing on here, gain insight from each other, and begin working through a
process that will narrow the possibilities for your business Please comment on each other’s focus and help
out in any way you can
Your topic must be submitted & approved by the
instructor in week 3
Unit 31 DB: Selecing
Management Teams
How would you go about selecting a management team to run
your business and what factors would you take into consideration? Also please
respond to at least three of your classmates postings
Unit 32 DB: SWOT
Analysis
Perform a SWOT Analysis of the business you will be
developing a Business Plan on Once
done, provide your classmates with a sort summary of what you have learned
Unit 4 DB: Product
Development
How would you go about creating a new product / service and
how would you market that it for your business?
Also please respond to at least three of your classmates postings
Unit 51 DB:
e-Commerce
What are your feelings about e-commerce? Do you prefer a brick and mortar based
business over a web based business?
Maybe a combination of both? Reply
to at least three of your classmates postings
Unit 52 DB:
Mid-Point Check-in
Please discuss the following 2 topics with your classmates:
Your comments on the class so far: What you have learned, what has worked for
you, and what did not work for you
Progress you are making on your Business Plan
Unit 6 DB: Location,
Location, Location
What criteria would you use for the location of a retail
business or a service business? Why?
Also please respond to at least three of your classmates postings
Unit 71 DB:
Leadership
What is needed in your opinion to make a good leader in a
business? Do you have those
qualifications? How do you surround
yourself with good people to make your business flourish? Also please respond to at least three of your
classmates postings
Unit 72 DB:
Financials
Discuss with your classmates your progress on sections 12
(Financial Forecasts) & 13 (Loan or Investment Proposal) of the Business
Plan
Unit 81 DB: Social
Responsibility
Describe your business’ social responsibility to each of the
following areas: the Environment, Employees, Customers, Investors, and the
Community? Also please respond to at
least three of your classmates postings
Assignment –
Purchasing a Business
Answer questions below
Copy each question and type your answers below it Minimally, 2 paragraphs per question, 5-6 sentences per
paragraph Include content from the readings and your own research Use APA formatting for cover page and when
citing Submit paper by Sunday at 11:59 pm
List several factors an entrepreneur should consider before
choosing a form of ownership?
Discuss the advantages and the disadvantages of franchising
When evaluating an existing business that is for sale, what
are several areas an entrepreneur should consider? Explain why
Assignment –
Feasibility
Answer questions below
Copy each question and type your answers below it Minimally, 2 paragraphs per question, 5-6 sentences per
paragraph Include content from the readings and your own research Use APA formatting for cover page and when
citing Submit paper by Sunday at 11:59
pm
What is involved in a feasibility analysis, and what value
might it provide?
Why are pro forma financial statement important to the
financial planning process?
How can an entrepreneur launching a new business forecast
sales?
Mid-Term Assignment –
Business Plan Outline
Provide an outline of your Business Plan to date using either
of the following options:
1) Option 1 -The
Business Plan for a Startup Business document provided in Course Information –
Introduction to Business Plan Assignment;
OR:
2) Option 2 – The 14 elements of a Business Plan starting on
course text page 268
Discuss your challenges and successes up to this point Describe what you feel you may need help
with
Assignment –
Globalization
Answer questions below
Copy each question and type your answers below it Minimally, 2 paragraphs per question, 5-6 sentences per paragraph
Include content from the readings and your own research Use APA formatting for
cover page and when citing Submit paper by Sunday at 11:59 pm
Describe the barriers businesses face when trying to conduct
business internationally How can a small business owner overcome these
obstacles?
What mistakes are first-time exporters most likely to make?
Outline the steps a small company should take to establish a successful export
program
List and outline (1 paragraph per strategy) the nine
strategies that small businesses can use to go global
Assignment – Business
Plan Update
Submit an update on your Business Plan With 3 weeks left to
go, discuss your progress to date, challenges encountered and questions you may
have Due by Sunday at 11:59 pm
Final Assignment –
Submit Small Business Plan Assignment
Business Plan Assignment
Everyone will have the opportunity to create a Business Plan
proposal for a new or existing business, product, or service line It is
understood that 8 weeks is not enough time to develop a comprehensive plan, and
a fictional plan is perfectly acceptable under these circumstances The idea
here is to practice creating a plan and understanding the steps necessary for
submitting a successful Business Plan The plan does not have to be for a new
business; it can include the following:
An existing business you may like to buy
Creating a new department or division in an existing company
Developing a new product or service for an existing company
(in essence you would be creating a new deparatment or division that would
essentially start from the ground-up)
Other ideas you have with permission of the instructor
Many students take this opportunity to develop a plan for a
business they would like to start part-time now, in the near future, or once
they retire This is perfectly
acceptable and certainly encouraged The
idea is to get you excited about the process and possibility of actually using
this research you will perform, for the actual plan once the time is right
Attached to this section is reference material that will help you better
understand the structure and content of the Business Plan Although very comprehensive, it is understood
that the expectations for emulating these plans are significantly lowered for
this course
It is important to address each element of the Business Plan
in your proposal, and the text does a great job in explaining this process If
you have any questions about any of the steps, please contact me for
assistance There are also discussion board questions specifically designed to help
you navigate this process You will have the opportunity to discuss your
progress with other students and benchmark your progress
Your business plan will be graded according to the following
rubric:
Business Plan Rubric
Task
Point Value (out of 100)
Proper
APA format, spelling, grammar, citations and references
20
points
Proper
use of terms and concepts from the course – minimum 5 researched articles for
background all within past 5 years
30
points
Insights
from and application of course material
30
points
Practical
application of course concepts – personal reflection on learning outcomes as
they relate to this project
20
points