MGT 402 SEU Entrepreneur in Saudi Arabia Start up Business Plan

User Generated

aben1407

Business Finance

MGT 402

Saudi electronic university

MGT

Description

Start-up Business Plan

Imagine you started a new business as an entrepreneur in Saudi Arabia. 

Please, think and share information on the following items:

1. Owners, capital structure and company profile

a. Your Business Name, Address, E?Mail 

b.  Form of ownership:What is the legal structure? Sole proprietor, Partnership, Corporation…..

C. Investment capital 

2. Company Business Description (300 – 400 words)

A. Scope and type of business 

What business will you be in? What will you do? What market segment will you choose?

Business idea: what is your big idea? Is it a product or a service? What makes your idea different? 

Mission Statement

Company’s short-term and long-term goals and objectives.

Target market and demographics: Who will your customers be? Where do they live? What is your target market passionate about?

B. Business Philosophy

What is important to you in your business?

Describe your Industry: Is it a growth industry? What long term or short-term changes do you foresee in the industry? How will your company take advantage of it? 

Describe your most important company strengths and core competencies: What factors will make the company succeed? What do you think your major competitive strengths will be? What background experience, skills, and strengths do you personally bring to this new venture?

Risk Assessment: Evaluate the strengths and weaknesses of your business using SWOT.

Scale of the business and its growth anticipation: what is the growth rate per year for five years? What do your 5-year financials look like? What is your path to profitability?

Who is your competition and how do you beat them?

Start-up costs: what costs do you expect to make the business run for the next five years? 

3. Products and Services

a. Describe in detail your products or services (Technical specifications).

b. Size of business: how many employees? How many offices and retail facilities? 

c. What factors will give you competitive advantages or disadvantages? Examples, include level of quality or unique or proprietary features.

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‫المملكة العربية السعودية‬ ‫وزارة التعليم‬ ‫الجامعة السعودية‬ ‫اإللكترونية‬ Kingdom of Saudi Arabia Ministry of Education Saudi Electronic University College of Administrative and Financial Sciences Assignment-1 MGT402 – Entrepreneurship and Small Business Deadline: 23/10/2021 @ 23:59 Course Name: Entrepreneurship and Small Student’s Name: Business Course Code: - MGT 402 Student’s ID Number: Semester: I CRN: Academic Year: 1443/1444 H For Instructor’s Use only Instructor’s Name: Students’ Grade: Marks Obtained/Out of Level of Marks: High/Middle/Low Instructions – PLEASE READ THEM CAREFULLY • The Assignment must be submitted on Blackboard (WORD format only) via allocated folder. • Assignments submitted through email will not be accepted. • Students are advised to make their work clear and well presented, marks may be reduced for poor presentation. This includes filling your information on the cover page. • Students must mention question number clearly in their answer. • Read carefully Grading Rubric below for specific criteria: 0-5 Marks • Late submission will NOT be accepted. • Avoid plagiarism, the work should be in your own words, copying from students or other resources without proper referencing will result in ZERO marks. No exceptions. • All answered must be typed using Times New Roman (size 12, double-spaced) font. No pictures containing text will be accepted and will be considered plagiarism). • Submissions without this cover page will NOT be accepted. Entrepreneurship and Small Business ASSIGNMENT -1 Submission Date by students: Before the end of Week- 7th Place of Submission: Students Grade Centre Weight: 05 Marks Learning Outcome: 1. Demonstrate a solid understanding of the potential of entrepreneur in today's competitive business world. (Lo 1.2) 2. Demonstrate ability to think independently and systematically on developing a viable business model (Lo 1.3 & 3.7). 3. Understand the place of small business in history and explore the strengths and weaknesses of small business. (Lo 1.1). Assignment Workload: This assignment is an individual assignment. Start-up Business Plan Imagine you started a new business as an entrepreneur in Saudi Arabia. Please, think and share information on the following items: 1. Owners, capital structure and company profile a. Your Business Name, Address, E‐Mail b. Form of ownership: What is the legal structure? Sole proprietor, Partnership, Corporation….. C. Investment capital 2. Company Business Description (300 – 400 words) A. Scope and type of business What business will you be in? What will you do? What market segment will you choose? • Business idea: what is your big idea? Is it a product or a service? What makes your idea different? • Mission Statement • Company’s short-term and long-term goals and objectives. • Target market and demographics: Who will your customers be? Where do they live? What is your target market passionate about? B. Business Philosophy What is important to you in your business? • Describe your Industry: Is it a growth industry? What long term or short-term changes do you foresee in the industry? How will your company take advantage of it? • Describe your most important company strengths and core competencies: What factors will make the company succeed? What do you think your major competitive strengths will be? What background experience, skills, and strengths do you personally bring to this new venture? • Risk Assessment: Evaluate the strengths and weaknesses of your business using SWOT. • Scale of the business and its growth anticipation: what is the growth rate per year for five years? What do your 5-year financials look like? What is your path to profitability? •Who is your competition and how do you beat them? • Start-up costs: what costs do you expect to make the business run for the next five years? 3. Products and Services a. Describe in detail your products or services (Technical specifications). b. Size of business: how many employees? How many offices and retail facilities? c. What factors will give you competitive advantages or disadvantages? Examples, include level of quality or unique or proprietary features.
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‫المملكة العربية السعودية‬
‫وزارة التعليم‬
‫الجامعة السعودية‬
‫اإللكترونية‬

Kingdom of Saudi Arabia
Ministry of Education
Saudi Electronic
University

College of Administrative and Financial Sciences

Assignment-1
MGT402 – Entrepreneurship and Small Business
Deadline: 23/10/2021 @ 23:59
Course Name: Entrepreneurship and Small Student’s Name:
Business
Course Code: - MGT 402

Student’s ID Number:

Semester: I

CRN:
Academic Year: 1443/1444 H

For Instructor’s Use only
Instructor’s Name:
Students’ Grade: Marks Obtained/Out of

Level of Marks: High/Middle/Low

Instructions – PLEASE READ THEM CAREFULLY
• The Assignment must be submitted on Blackboard (WORD format only) via allocated
folder.
• Assignments submitted through email will not be accepted.
• Students are advised to make their work clear and well presented, marks may be
reduced for poor presentation. This includes filling your information on the cover page.
• Students must mention question number clearly in their answer.
• Read carefully Grading Rubric below for specific criteria: 0-5 Marks
• Late submission will NOT be accepted.
• Avoid plagiarism, the work should be in your own words, copying from students or
other resources without proper referencing will result in ZERO marks. No exceptions.
• All answered must be typed using Times New Roman (size 12, double-spaced) font.
No pictures containing text will be accepted and will be considered plagiarism).
• Submissions without this cover page will NOT be accepted.

Entrepreneurship and Small Business
ASSIGNMENT -1
Submission Date by students: Before the end of Week- 7th
Place of Submission: Students Grade Centre
Weight:

05 Marks

Learning Outcome:
1. Demonstrate a solid understanding of the potential of entrepreneur in today's competitive business
world. (Lo 1.2)
2. Demonstrate ability to think independently and systematically on developing a viable business
model (Lo 1.3 & 3.7).
3. Understand the place of small business in history and explore the strengths and weaknesses of small
business. (Lo 1.1).
Assignment Workload:
This assignment is an individual assignment.

Start-up Business Plan
Imagine you started a new business as an entrepreneur in Saudi Arabia.

Please, think and share information on the following items:
1. Owners, capital structure and company profile
a. Your Business Name, Address, E‐Mail
b. Form of ownership: What is the legal structure? Sole proprietor, Partnership,
Corporation…..
C. Investment capital
2. Company Business Description (300 ...

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