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Developing Business Plans

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The Brief
In this report:
1. You must present a fully researched and evidenced business model linked back to the
feedback from the panel and Tutor from Assignment 1.
2. You must also link it to your action plan from assignment 1 and how you have performed
or not against it.
3. You must also include reflective accounts on the process of carrying out the key
activities to complete the business model.
ASSESSMENT REQUIREMENTS:
Your Business Idea and Model:
 Your level of understanding of your business model, including:
 quality of knowledge and understanding of the proposed market and customers,
competitors, suppliers and other stakeholders
 quality and validity of the outline sales, cost and profit forecasts
 validity of the proposed financing arrangements

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