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You should outline, in your own words, the context and features of the business idea that was developed by your group in the Group Business Plan.

Question 1a Summary of your Group’s Business Idea (250 words)

You should outline, in your own words, the context and features of the business idea that was developed by your group in the Group Business Plan. Outline what you feel to be the strengths and weaknesses of the plan (include in this section, and in your bibliography, any academic or other references to small businesses and the start-up process that you feel are relevant. You can also include in this section information on any points that you have learnt from existing entrepreneurs, including visiting speakers to the university)

Question 1b - Team Work (250 words)

Please reflect on the roles, specializations, and contributions of team members during your Group Business Plan work. The team forming process, the efficiency of team work + how the experience of working in teams can aid your future career development (include in this section, and in your bibliography, any academic or other references to team working that you feel are relevant in this section).

Question 1c - Presentation Experience (250 words)

Why is it important to present the business plan instead of just submitting paper documents? Please provide concrete examples of what you learned, both in terms of presentation effectiveness and issues concerning your business idea, from presenting the idea during the Dragons` Den sessions (include in this section, and in your bibliography, any academic or other references to pitching a business and delivering effective presentations that you feel are relevant).

Question 1d - Alternative Scenario (250 words)

You have predicted the growth of your business in the business plan. Looking back, do you think your prediction was optimistic, pessimistic or just about right? Have you considered alternative growth trajectories in your business plan? If not, how would the inclusion of alternative scenarios help to make a better plan?

At the end of Question 1 you need to include a reference list, using the Harvard system, for all of the references that you have referred to whilst answering the various parts of this question.

 


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