MAJAN COLLEGE (UNIVERSITY COLLEGE) FACULTY OF BUSINESS MANAGEMENT STUDENT ASSIGNMENT COVER SHEET

Module Name Module Code

SMALL BUSINESS FINANCE FC37-3

2 Sept 2012 Jan 2013

Assessment No. Assessment Type:

STUDENT MCUC NUMBERS:

Pair Assignment

Please note that a grade will only be given to those whose student number is noted on this form. Please ensure that the student numbers from all group members are recorded accurately. Submission Date: MODULE TUTOR: 29.11.2012 KASI VISWANATHAN J

DECLARATION The work contained in this assignment is my own and that all materials and sources used have been acknowledged. I/We have not copied or colluded in part or in whole, or otherwise plagiarised the work of other students. This assignment has not been submitted for previous assessment in any other subject or to a substantial extent has been accepted for the award of any other unit, module, degree or diploma of a university or any other institute, except where due acknowledgement is made in the text. I/We confirm that I/we have read, understood and followed the guidelines for assignment submission and presentation provided by the lecturer. I/We understand that this assignment may be retained on the database and used to make comparisons with other assignments in future. I/We have made a copy of my assignment This work may be photocopied and/or communicated for the purpose of identifying plagiarism. I/We give permission for a copy of this marked assignment to be retained by the faculty of Business Management for the purpose of course reviews by external examiners and to be used as a resource by Majan College.

I/We understand that unauthorized late submission without a valid written extension will be marked as per the college policy mentioned in the students handbook page 18 section 18.5.

Do not write on this page

Grading Criteria Written Assignment: 50% Language & overall layout Identification, idea generation, innovation and thought process: (Product, location, organisation, management team) Analysis of external economies, competitors & self. Financial forecast & analysis Oral presentation: 10% Elevator pitch Instructions:

Max. Marks

Marks Given

10% 15%

25% 50%

1) This is a pair assignment and carries 60% weighting towards your final
grade.

2) Your report should be word-processed. The font should be Verdana. The font
size should be 10 with 1.5 spacing.

3) The report should not exceed three thousand (3000) words. 4) You are expected to maintain an electronic copy and paper copy of your
assignment. Please mention the exact word count on the front sheet of the assignment.

5) All sources of material should be fully referenced using Harvard style. 6) Any plagiarized work will be penalized. See the penalties in the Students
handbook sections 28 and 29.

7) If you do not submit the report or remain absent for the presentation, a grade of G (0) will be recorded and you will be deemed to have failed this part of the modules assessment. 8) Unauthorized late submission without a valid written extension from the
module tutor will not be marked and will be awarded a grade G (0) irrespective of the quality of the work. See student handbook section 18.5.

9) The soft copy of the assignment should be submitted through MOVE on or

before 29th Dec 2012. GRADING SYSTEM Although grades may be awarded on the basis of marks in some assessments, students should note that both marks and grades will be awarded on the basis of the assessment criteria for each grade.

GRADE A+ A

GRADE POINT 16 15

DESCRIPTIO N Very Good

GENERAL ASSESSMENT CRITERIA An outstanding piece of work. Shows evidence of wider reading and originality Strongly analytical. All important points are covered. Arguments should be supported by examples and evidence, objectively presented and evaluated, Well structured and well written, without noticeable grammatical or other errors. Correctly referenced Very good work. All main points will have been covered, though minor issues may have been omitted. The work will be analytical, balanced and soundly based. Examples and supporting evidence should have been included. The writing should be essentially correct, without major grammatical or other errors. Generally referenced correctly. Generally good work. Most points will have been covered, but many finer points will generally have been missed. Shows limited reading. Arguments/analysis should be basically well structured and balanced with relevant examples, but with errors and gaps. The writing is clear, but has errors that nevertheless do not obscure the meaning. Referencing will be present but may at times be inaccurate or insufficient. Satisfactory. Shows sufficient grasp of the subject to be acceptable. Tends to be descriptive. Examples and evidence is likely to be weak and limited. Shows limited reading. Referencing is likely to be absent or very poorly carried out. Unsatisfactory/ Compensatable fail. Serious errors and omissions . Very little analysis Work of a very poor standard with little relevant information and/or serious errors. Work containing little of merit No work submitted

Excellent A14

B+ B

13 12

B-

11

C+ C

10 9 Good

C-

D+ D D-

7 6 5 Pass

E F FG

4 2 1 0

Refer

Fail

Small Business Finance Assignment 2 Towards 60% Weighting

Semester 1, 2012-2013
You have graduated in Accounting/Business and are now enriched with significant knowledge in the areas of Marketing, Advertising, Finance and various other areas necessary to be a good entrepreneur. In the light of the employment situation and the fact that you have the makings of an entrepreneur, you have decided to launch your own small business. Given the above scenario, you are required to write a Business Plan after surveying the local market in order to launch a business (50% weighting). The report should cover: Rationale for launching the business. Form of organization selected. Reason for selecting a location. PEST analysis of the economy and the Government support with rules and regulations to be followed for launching the business. Customer and market analysis. Self analysis and competitive advantage. Sources of finance selected by you with rationale. Staff plan. Projected financial statements for five years. Financial analysis based on the projection and sensitivity analysis.

Oral presentation: (10% weighting) The presentation will be in the form of an elevator pitch on the selected business plan during 6th or 7th week, covering various areas such as product, location, market, competitors, and financial outcome.

Marking criteria:

Written report: 50% Overall layout: 10% Identification of product, location and type of organisation: 5% Identification of external economies: 5% Identification of competitors: 10% Self-analysis: 10% Identification of management team: 10% Financial forecast: 30% Financial analysis: 20%

Presentation - 10% Rational for selecting the business & location 20% Competitive advantage 20% Sales forecast 20% Key financial projections 20% Clarity and confidence 20%