Students are required to develop a financial Business Plan for a new business organization or a new project or venture, with a maximum of 4,000 words in length for the main word processed text of the plan.
This COURSE WORK BRIEF should be read in conjunction with the NOTES TO STUDENTS AND ASSESSMENT CRITERIA.
Notes for Students:
Instructions for completion and submission of written assignment;
The default assessment is by an individual assignment, but students may elect submit a group assessment. Students wishing to be assessed as a group must produce a written statement to that effect, signed by all members of the group, by week 4 of the module. Where a group assignment is submitted all participators must have a meaningful management function within the business, and the business must demonstrably reward all the participants adequately for involvement in the operations of the entity. The marks apportioned to the group will be the same for all members of the business project. This will only be varied in exceptional circumstances at the tutors’ discretion. The maximum permitted group size is 4.
The organization, project or venture should be a realistic business start up which is financially viable. It should be a plan that the student could realistically implement and which could provide adequate financial support for the student’s reasonable expectations for their standard of living.
Students are required to present their financial Business Plan using a structure they consider appropriate, and which should address the following issues separately:
The Business Plan should be prepared to a high professional standard, with an imagined audience composed of highly experienced professionals such as, depending on the financial strategy and nature of the venture: Bankers, start up lenders within the government backed scheme, providers of local authority finance and potential shareholders or other equity investors.
Statements should be supported by logical arguments, facts, and figures which should be fully referenced.
Students are strongly encouraged, but not required, to use ICT based tools in developing their financial plan. For example the cash budget and extended trial balance on the MyBeckett site for this module.
|Date generic feedback will be available:||Within four weeks of the assessment period, subject to the date set for the release of results|
|How generic feedback will be returned to you:||Posted on the module on MyBeckett.|
|Date provisional marks will be available:||Within four weeks of the assessment period, subject to the date set for the release of results|
|How provisional marks will be returned to you:||Posted on the module on MyBeckett.|
|Date individual feedback will available||Following the Module Board and the return of all scripts from the External Examiner|
|How individual feedback will be returned to you:||By email from tutors on request|