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2. produce and market your own product?

3. provide a service?

4. put your talents and skills to work?

What business did you decide on?

Now draw up your own business plan for your business in rough .

You must remember to focus on the four business basics:

Business Plan
1. What do I intend doing?
2. How do I intend doing it?
3. When do I intend doing it?
4. Why is my scheme sure to succeed?

Activity 5:

The final business plan

[lo 4.1.1, 4.6.2]

You now need to compile a final business plan , using the rough draft as a guide.

Why a business plan is vital

If you need to borrow money to get started, you will be asked to present your business plan.

It will also keep you focused on your goals.

Business success needs a combination of imagination and initiative, hard work and discipline. Reveal these features in your business plan.

Take note before you start:

This assignment will be assessed by your educator.

The task consists of FOUR sections with a separate CHECKLIST for each.

Do each section on a separate page.

Bind the pages in a file, folder or plastic sleeve before handing the project in.

Your rough work must also be handed in.

Design a professional-looking FRONT PAGE

Name of business

Personal information of the entrepreneur (name, address and telephone number)

Logo (emblem/slogan)

Date presented

List of contents: headings and pages must be numbered.

Front Page

CHECKLIST Self Educator
The name of the business is catchy, but meaningful.
The personal information has been given.
The logo is eye-catching and appropriate.
The headings and pages are numbered.
The appearance is professional and neat.
Spelling has been checked
Punctuation has been checked

Summarise the important FEATURES of your venture.

Describe your product or service. (± 10 words)

Explain why your venture will be successful. (± 3 short sentences)

State your short-term goal. (± 10 words)

State your long-term goal. (± 10 words)

Final business plan

Marketing plan: Advertising your business

Design an attractive FLYER or POSTER

CHECKLIST Self Educator
It is easy-to-read
It is eye-catching
It communicates the message
Illustrations are meaningful
Layout is well-planned

[LO 4.5.1, 4.6.2, 4.6.3]

Financial Plan

Where are you going to get money to start? (± 10 words)

How will you spend this money?

  1. List the items on which you need to spend money to run your business.
Percentage needed by this item

B Draw a pie-chart showing how you are going to divide the money in order to run your business profitably.

[LO 4.1.1]

CHECKLIST Self Educator
Source of funds given.
List of items given
Chart explains use of funds

Assessment

LO 3
Reading and ViewingThe learner will be able to read and view for informa­tion and enjoyment, and respond critically to the aesthetic, cultural and emotional values in texts
We know this when the learner:
3.8 shows some understanding of how reference books work:
  • uses contents page and index to find information;
3.8.2 uses a dictionary and a simple thesaurus.
LO 4
WritingThe learner will be able to write different kinds of factual and imaginative texts for a wide range of purposes
We know this when the learner:
  • writes to communicate information:
4.1.1 writes a short explanation of how or why something happens (e.g. how an electric circuit works);
  • writes one or two paragraphs about the advantages and disadvantages of something (e.g. cars as a from of transport);
  • uses information from a survey to write a report (including heading, introduction, how the research was carried out, the results, and recommendations);
  • designs media texts:
4.5.1 designs a simple advertisement or pamphlet;
  • treats writing as a process.
4.6.1 drafts, reads and discusses own writing critically;
  • uses feedback to revise, edit and rewrite;
  • uses knowledge of grammar, spelling, etc., to edit.

Memorandum

ACTIVITY 1:

This is all about an entrepreneur. Have a class discussion about finances in a country and how being an entrepreneur can help a family. See how many novel ideas they can come up with e.g. making rosettes for horse and swimming galas; transforming a yard and garage into a place for holding birthday parties.

ACTIVITY 2:

Go through each item carefully and then see how many novel ideas the class can put together. Let them share their ideas with the class. A prize for the most innovative and resourceful? (Here is a good time to study words like ‘resourceful’, ‘innovative’, ‘responsible’, re-cycling’ etc – entrepreneurial words).

ACTIVITY 3:

Go through the fur business basics and see how accurately they answer. Check for spelling and language errors. Explain that if a space is small, that errors stand out more!

ACTIVITY 4:

Now let them do the next ACTIVITY really well as a project. Give them reasonable time but explain that this is the ROUGH DRAFT which also needs to be handed in to see how involved they were and how much preparation went into the project.

ACTIVITY 5:

The final copy of the front page must show signs of editing and thoroughness. Put the best ideas on the board and discuss them as a class. Make sue they have done all that was asked of them. Explain the value of following instructions clearly and well.

FEATURES OF VENTURE : The summary must be just that – a brief, clear, correct synopsis.

MARKETING PLAN : These can be placed in the classroom for peer judgement. The really good should be framed (laminated or glass-framed)! Go over the evaluation chart with them first before they start.

FINANCIAL PLAN : Look at all the possibilities of ways to raise money as a class. Make a list. Explain about the different graphs to use to explain information.

Questions & Answers

what does nano mean?
Anassong Reply
nano basically means 10^(-9). nanometer is a unit to measure length.
Bharti
do you think it's worthwhile in the long term to study the effects and possibilities of nanotechnology on viral treatment?
Damian Reply
absolutely yes
Daniel
how to know photocatalytic properties of tio2 nanoparticles...what to do now
Akash Reply
it is a goid question and i want to know the answer as well
Maciej
characteristics of micro business
Abigail
for teaching engĺish at school how nano technology help us
Anassong
Do somebody tell me a best nano engineering book for beginners?
s. Reply
what is fullerene does it is used to make bukky balls
Devang Reply
are you nano engineer ?
s.
fullerene is a bucky ball aka Carbon 60 molecule. It was name by the architect Fuller. He design the geodesic dome. it resembles a soccer ball.
Tarell
what is the actual application of fullerenes nowadays?
Damian
That is a great question Damian. best way to answer that question is to Google it. there are hundreds of applications for buck minister fullerenes, from medical to aerospace. you can also find plenty of research papers that will give you great detail on the potential applications of fullerenes.
Tarell
what is the Synthesis, properties,and applications of carbon nano chemistry
Abhijith Reply
Mostly, they use nano carbon for electronics and for materials to be strengthened.
Virgil
is Bucky paper clear?
CYNTHIA
so some one know about replacing silicon atom with phosphorous in semiconductors device?
s. Reply
Yeah, it is a pain to say the least. You basically have to heat the substarte up to around 1000 degrees celcius then pass phosphene gas over top of it, which is explosive and toxic by the way, under very low pressure.
Harper
Do you know which machine is used to that process?
s.
how to fabricate graphene ink ?
SUYASH Reply
for screen printed electrodes ?
SUYASH
What is lattice structure?
s. Reply
of graphene you mean?
Ebrahim
or in general
Ebrahim
in general
s.
Graphene has a hexagonal structure
tahir
On having this app for quite a bit time, Haven't realised there's a chat room in it.
Cied
what is biological synthesis of nanoparticles
Sanket Reply
what's the easiest and fastest way to the synthesize AgNP?
Damian Reply
China
Cied
types of nano material
abeetha Reply
I start with an easy one. carbon nanotubes woven into a long filament like a string
Porter
many many of nanotubes
Porter
what is the k.e before it land
Yasmin
what is the function of carbon nanotubes?
Cesar
I'm interested in nanotube
Uday
what is nanomaterials​ and their applications of sensors.
Ramkumar Reply
what is nano technology
Sravani Reply
what is system testing?
AMJAD
preparation of nanomaterial
Victor Reply
how did you get the value of 2000N.What calculations are needed to arrive at it
Smarajit Reply
Privacy Information Security Software Version 1.1a
Good
Berger describes sociologists as concerned with
Mueller Reply
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Source:  OpenStax, English first additional language grade 8. OpenStax CNX. Sep 11, 2009 Download for free at http://cnx.org/content/col11042/1.1
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