Design Ideas for Enterprise Development Plans

Description

This exercise requires you to search the Internet using the phrase “business plan.” Use the search engine of your choice. You will probably come across Internet sites that target prospective or current entrepreneurs. Identify an Internet site that profiles the contents of a business plan or has a business plan template. For example, you may find that certain banks and organizations that encourage entrepreneurship feature a business plan template. Make sure you provide the address of the Internet site that you consult in your assignment. I would strongly encourage you to select the Internet site/business plan template of a reputable and readily identifiable organization. Is the organization widely known and respected? Is it an organization familiar to you?

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BABH9702 – New Venture Development
assignment should be no more than three pages in length (typed, double-spaced text, 12-point
font). The page limit (three pages) does not include your title page or a page with your
references.
Points should be expressed in complete sentences. It is a good idea to write an introductory
paragraph at the beginning of the assignment and a concluding paragraph at the end; this will
ensure that the beginning and end of the assignment are not too abrupt. Please number the
pages. Please use the referencing scheme developed by the American Psychological Association
(APA).
1. Business Plans: Structure and Function
This exercise requires you to search the Internet using the phrase “business plan.” Use the
search engine of your choice. You will probably come across Internet sites that target
prospective or current entrepreneurs. Identify an Internet site that profiles the contents of a
business plan or has a business plan template. For example, you may find that certain banks
and organizations that encourage entrepreneurship feature a business plan template. Make
sure you provide the address of the Internet site that you consult in your assignment. I would
strongly encourage you to select the Internet site/business plan template of a reputable and
readily identifiable organization. Is the organization widely known and respected? Is it an
organization familiar to you? Please try to address these questions:

Provide a brief description of the business plan that is featured. What are its different
components?

What is the purpose of the Internet site you have chosen? Why has the organization
you have selected posted the contents of a business plan (template)?

How would you assess the Internet site and the business plan that is posted in terms of
their usefulness to people intending to develop their own business (plan)? Is the
business plan template easy to understand? Does it have a user-friendly design? Please
explain.

If you believe that the Internet site you have selected – and the business plan that it
features – has certain drawbacks, what revisions would you suggest that the
organization make? What is particularly good about the site?
I would recommend investigating the contents of recent articles in trade or industry journals.
For example, have you ever explored the contents of the library-hosted database Hospitality
and Tourism Complete? This database features a wealth of articles from a wide range of trade
or industry (and also academic) journals. Type in some search terms and explore. Too many
students are using websites without thinking about the origin of the website. If you cannot
name the person or the organization that prepared the website’s content – and if you are
unclear about the function performed by the organization that prepared or is hosting the
website – then you probably should not consult it.

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