Inventing a new business venture
This week, you studied the SWOT analysis in detail. This week’s assignment is a PowerPoint presentation that is required to be approximately 12–15 slides, not counting the title page, the agenda, the conclusion, and the reference page. No presentation should be fewer than 16 slides in total. Your slides should include note pages, and these notes should be at least 150 words per slide. The slides would show short bullet points, and your notes would be your talking points. Cite your sources, limit quotes, and edit your work well!
For this assignment, you will be inventing a new business venture. This is a new start-up venture, not an existing one or one that is expanding. Do not use a business created in a previous class. You may not use any part of an assignment submitted in another class. Make up the business, the location, the client base, and the product or service. Do not use any real company. You may review a real company’s website for ideas, but the basis of this assignment should be your own ideas. Your opening slide should begin with something like this: “The new business venture that I will evaluate is ……………..” Expect that your business will be opened in the coming months or years. Your introduction should include a description of your company and any important details to the reader. The other details can be discussed when you review each of the SWOT elements. The final goal of this assignment is to prepare a SWOT analysis of your new venture company. Ensure you have at least two sources (other than the text) to supplement your work.
Provide a thorough SWOT analysis after developing your new venture and describing it thoroughly at the beginning of your presentation. Ensure you have included the actual SWOT analysis quad chart (embedded in your slide) listing the strengths, weaknesses, threats, and opportunities. You can use your chart, but your presentation should include a simple SWOT chart with the four segments. Then, you must discuss each segment thoroughly and explain what you learned from your analysis. For instance, you should have a slide with the quad chart and another four slides showing the SWOT elements in detail—one for strengths, one for weaknesses, etc. Include financial information as listed below.
Submission Instructions:
1. Your presentation should include a title slide and a reference slide.
2. A description of your new venture (have a clear introduction)
3. Include a simple quad chart with the four basic quadrants embedded in your slide
4. A thorough explanation of what you have learned from the analysis, further defining the strengths, weaknesses, opportunities, and threats
5. Be sure to include detailed monetary information. You can only evaluate a new start-up for a beauty salon if you include the costs of the start-up and an estimate of your monthly operating costs. How many haircuts would you have to provide customers before you break even each month (of course, you can estimate costs)? For instance, you have to purchase equipment (dryers, chairs, etc.) and rent space (or buy space). What is the monthly rent or mortgage payment, and how easily will that be earned each month? Include all other costs (payroll, supplies, advertising, etc). Where will the start-up money come from? Putting these costs in a column with totals rather than in paragraph format may be effective. One column for start-up costs and another for monthly operating costs will work well.
6. An evaluation – based on what you have learned, will you continue your business venture? Be sure to answer that question at the close of your presentation.
Collepals.com Plagiarism Free Papers
Are you looking for custom essay writing service or even dissertation writing services? Just request for our write my paper service, and we'll match you with the best essay writer in your subject! With an exceptional team of professional academic experts in a wide range of subjects, we can guarantee you an unrivaled quality of custom-written papers.
Get ZERO PLAGIARISM, HUMAN WRITTEN ESSAYS
Why Hire Collepals.com writers to do your paper?
Quality- We are experienced and have access to ample research materials.
We write plagiarism Free Content
Confidential- We never share or sell your personal information to third parties.
Support-Chat with us today! We are always waiting to answer all your questions.
