Management Skills And Entrepreneurship

Management Skills and Entrepreneurship
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Assignment Question:

In your role a first time entrepreneur, you have to plan your new business start-up in order to secure funding from financial institutions or private investors.

You are therefore required to prepare an individual presentation to outline and explain the following:

1.    The New Venture Concept, the opportunity gap in the market and why you are confident that this new business is feasible.   [ 800 words / 20 marks ]

2.    The Requirements for the New Business start-up together with the Management Skills needed to make the business successful.    [ 800 words / 20 marks ]

3.    Your proposed business model to explain how the new venture will work to achieve positive financial results and by when. [1200 words / 30 marks ]

4.    What will be your human resource management strategies.[ 400 words / 10 marks ]

5.    How you propose to manage business risks. Which conditions must prevail to avoid failure. [ 400 words / 10 marks ]

6.    Determine the sales required to reach the Break Even Point[400 words / 10 marks ]