SETTING UP YOUR OWN SMALL BUSINESS
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SUYOB.docxSetting up your own business 1500 words please you should focus on the assessment criteria
ASSIGNMENT DESCRIPTION:
You are required to demonstrate your ability to assess, analyse and describe the process of setting up a small business by way of a report. The report will clarify your business idea and define your long-term objectives.
Select a business type of your own choosing and compile a report. The report should be in sections, each relating to the assessment criteria, however you should put the report together in the way you wish ensuring it is professionally presented. You will be asked to ‘present’ your work to the class using your choice of presentation delivery method.
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ASSESSMENT CRITERIA For the setting up your own small business |
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1.1 Examine local business conditions relating to business idea. 1.2. Explain sources of free advice for own business idea 1.3. Explain sources of grants and loans for own business idea. |
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2.1. Design a Market Research Questionnaire 2.2. Pilot the Market Research survey 2.3. Analyse the results of the survey 2.4. Evaluate the effectiveness of the questionnaire/survey |
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3.1. Design an advertisement for either print or Web 3.2. Explain how the advert will reach the Target Market 3.3. Evaluate various promotional activities and justify which will be used |
