Complete all assigned weekly readings prior to your other course assignments so that concepts covered can inform your work.
You will find some weeks in which recommended video links are provided for your viewing. While these videos are not worth points, nor are they required, you will find them to be beneficial to your business project considerations. They are relatively short, informative, and entertaining.
Discussions will take place each week and will include one graded discussion question that requires an original response and at least one reply to another student with constructive commentary to earn response points. These discussions should be approached and completed through the lens of the business you have selected for your Business Plan Project. In order to conduct a timely discussion, it is important that students contribute postings to the weekly discussion in a timely manner. Each discussion question is worth 8 points, with 2 points for the response. Please review the Schedule of Due Dates above for weekly scoring. Your original post and response are due by 11:59pm CT Sunday, except for Week 8 when they will be due 11:59 pm CT Saturday.
Detailed directions for all discussions are available in the Content area of the course. You must review this information in order to accurately complete the assignment. If you have questions about an assignment, please post your question/problem under the General Discussions topic in the Discussions area. Assignments must be posted in the body of the message box, not as an attachment. Discussion postings submitted as attachments will receive zero credit. Please review the Discussions Expectations page in the Content area before posting your Week 1 assignment.
There are four dropbox paper assignments. Each paper will cover two of the Measurable Learning Outcomes defined above. You should follow APA guidelines. These papers are designed to provide key aspects to your Business Plan Project. Dropbox assignments must be completed using Microsoft Word or a comparable program. Please save all files as .doc or .rtf (Rich Text Format) and submit them via the appropriate Dropbox folder by 11:59 pm CT Sunday.
You will complete a weekly quiz for each of the first seven weeks. Each quiz is worth 50 points (44% of final grade) and will consist of multiple choice questions. You will have one timed attempt of 40 minutes. You should not approach these quizzes lightly. Not completing one quiz will lower your final grade by over half a letter grade. Quizzes may not be made up. Due date extensions must be requested before the date the quiz is due.
In order to prepare for the quiz you should review the weekly quiz study guide posted under the Content area. Questions will require students to understand, analyze, and apply concepts relating to the principles and practices of new venture creation as provided in your text. You should know the material thoroughly because although you will have use of the text, you will have limited time to make use of it. Quizzes are designed to be taken closed-book; you should prepare accordingly.
Business Plan Final Paper
Each student is responsible for writing a final business plan (double-spaced) paper following APA guidelines. This paper will be due at 11:59 pm CT Saturday of Week 8.
In Week 1 (due 11:59 pm CT Sunday), you will be asked to propose a new business venture that you will take through the process of development. Your tasks will include research, outlining and devising key components of your business plan throughout the course (in accordance with SBA guidelines), culminating in the creation of a model business plan. Please note: The business plan MUST be for a new venture, not a franchise, buy-out, or existing business.
This plan should be as real world as possible. All business ideas must be approved by the instructor before pursuing any next steps or further project work. A successful paper will address each area of the SBA business plan in specific detail and term, utilizing the SBA website and outside (cited) research information. During Week 7, you will be asked to submit your business plan draft for peer review. You will also be requested to review/comment on other business plans. Participation in this process counts towards the final project grade.
In MGMT 341 (Small Business Management), you learned the value of the product/service pitch (or “elevator pitch”). We are going to take this a step further, and now you will need to pitch your product/service and plan as you would to a group of investors. Each student will record and upload a 10-15 minute oral presentation video pitching their new and original product/service and business plan to potential investors (work done in previous classes will not be accepted). The goal of this component of the assignment is to prepare students to pitch their business plan to potential investors.
Recording your video can be done using a webcam and/or a smartphone. The quality of the production will not be graded, only the content. You must submit a link to your final video to the designated discussion post by 11:59 pm CT Saturday of Week 8. Complete submission instructions are available in the Content area of the course. The Business Plan Pitch will comprise 50 of the 250 points for the Business Plan Project.
The purpose of this assignment is to become knowledgeable of The Small Business Associations (SBA) business plan model. The Content Area will provide a detailed outline of expectations for each level of the process, as much of what you will do during this course will provide you with materials for this project.
- All communication in this course is formal.Formal rules of English, including punctuation, capitalization, and grammar, apply to all submissions, including email.
- Class participants will observe the rules of Internet etiquette.
- The General Discussions forum is the preferred method of communication about course issues.
- Email should be used for questions relating to quiz questions and grading.
Guidelines on plagiarism are presented in the Plagiarism Tutorial in the Content area of the course. There is also an optional, not for credit quiz over the tutorial under the Quizzes link.