UNIT 1 ASSIGNMENT 3 – ASSESSMENT CRITERIA. BUSINESS FORMATS On the next five slides you need to...
-
Upload
geraldine-singleton -
Category
Documents
-
view
212 -
download
0
Transcript of UNIT 1 ASSIGNMENT 3 – ASSESSMENT CRITERIA. BUSINESS FORMATS On the next five slides you need to...
![Page 1: UNIT 1 ASSIGNMENT 3 – ASSESSMENT CRITERIA. BUSINESS FORMATS On the next five slides you need to research what each format is and explain advantages and.](https://reader036.fdocuments.in/reader036/viewer/2022083009/5697c0251a28abf838cd50a6/html5/thumbnails/1.jpg)
UNIT 1 ASSIGNMENT 3 – ASSESSMENT CRITERIA
![Page 2: UNIT 1 ASSIGNMENT 3 – ASSESSMENT CRITERIA. BUSINESS FORMATS On the next five slides you need to research what each format is and explain advantages and.](https://reader036.fdocuments.in/reader036/viewer/2022083009/5697c0251a28abf838cd50a6/html5/thumbnails/2.jpg)
BUSINESS FORMATS
• On the next five slides you need to research what each format is and explain advantages and disadvantages for each.
P5
![Page 3: UNIT 1 ASSIGNMENT 3 – ASSESSMENT CRITERIA. BUSINESS FORMATS On the next five slides you need to research what each format is and explain advantages and.](https://reader036.fdocuments.in/reader036/viewer/2022083009/5697c0251a28abf838cd50a6/html5/thumbnails/3.jpg)
SOLE TRADER
Provide a definition along with advantages and disadvantages
![Page 4: UNIT 1 ASSIGNMENT 3 – ASSESSMENT CRITERIA. BUSINESS FORMATS On the next five slides you need to research what each format is and explain advantages and.](https://reader036.fdocuments.in/reader036/viewer/2022083009/5697c0251a28abf838cd50a6/html5/thumbnails/4.jpg)
PARTNERSHIP
• Provide a definition along with advantages and disadvantages
![Page 5: UNIT 1 ASSIGNMENT 3 – ASSESSMENT CRITERIA. BUSINESS FORMATS On the next five slides you need to research what each format is and explain advantages and.](https://reader036.fdocuments.in/reader036/viewer/2022083009/5697c0251a28abf838cd50a6/html5/thumbnails/5.jpg)
LIMITED COMPANY (LTD)
• Provide a definition along with advantages and disadvantages
![Page 6: UNIT 1 ASSIGNMENT 3 – ASSESSMENT CRITERIA. BUSINESS FORMATS On the next five slides you need to research what each format is and explain advantages and.](https://reader036.fdocuments.in/reader036/viewer/2022083009/5697c0251a28abf838cd50a6/html5/thumbnails/6.jpg)
PUBLIC LIMITED COMPANY (PLC)
• Provide a definition along with advantages and disadvantages
![Page 7: UNIT 1 ASSIGNMENT 3 – ASSESSMENT CRITERIA. BUSINESS FORMATS On the next five slides you need to research what each format is and explain advantages and.](https://reader036.fdocuments.in/reader036/viewer/2022083009/5697c0251a28abf838cd50a6/html5/thumbnails/7.jpg)
SOCIAL ENTERPRISE
• Provide a definition along with advantages and disadvantages
![Page 8: UNIT 1 ASSIGNMENT 3 – ASSESSMENT CRITERIA. BUSINESS FORMATS On the next five slides you need to research what each format is and explain advantages and.](https://reader036.fdocuments.in/reader036/viewer/2022083009/5697c0251a28abf838cd50a6/html5/thumbnails/8.jpg)
MY CHOSEN FORMAT
• Which one of the formats will you choose for your business?
• Explain why you have chosen this format for your business
![Page 9: UNIT 1 ASSIGNMENT 3 – ASSESSMENT CRITERIA. BUSINESS FORMATS On the next five slides you need to research what each format is and explain advantages and.](https://reader036.fdocuments.in/reader036/viewer/2022083009/5697c0251a28abf838cd50a6/html5/thumbnails/9.jpg)
BUSINESS MODEL
• Define a business model
P6
![Page 10: UNIT 1 ASSIGNMENT 3 – ASSESSMENT CRITERIA. BUSINESS FORMATS On the next five slides you need to research what each format is and explain advantages and.](https://reader036.fdocuments.in/reader036/viewer/2022083009/5697c0251a28abf838cd50a6/html5/thumbnails/10.jpg)
MARKET RESEARCH
• Summarise the findings from your research
• Explain how they support your idea
• Remember to say where you got your research from
![Page 11: UNIT 1 ASSIGNMENT 3 – ASSESSMENT CRITERIA. BUSINESS FORMATS On the next five slides you need to research what each format is and explain advantages and.](https://reader036.fdocuments.in/reader036/viewer/2022083009/5697c0251a28abf838cd50a6/html5/thumbnails/11.jpg)
MY PRODUCT
• Is your product a good or service?
• Describe it
![Page 12: UNIT 1 ASSIGNMENT 3 – ASSESSMENT CRITERIA. BUSINESS FORMATS On the next five slides you need to research what each format is and explain advantages and.](https://reader036.fdocuments.in/reader036/viewer/2022083009/5697c0251a28abf838cd50a6/html5/thumbnails/12.jpg)
BUSINESS AIMS AND OBJECTIVES
• What long-term aims does you business have
• Make sure they are realistic
• What SMART objectives will you set in the first year to help you meet the aims
![Page 13: UNIT 1 ASSIGNMENT 3 – ASSESSMENT CRITERIA. BUSINESS FORMATS On the next five slides you need to research what each format is and explain advantages and.](https://reader036.fdocuments.in/reader036/viewer/2022083009/5697c0251a28abf838cd50a6/html5/thumbnails/13.jpg)
STAKEHOLDERS
• What stakeholders does your business have and what is their influence on the business?
![Page 14: UNIT 1 ASSIGNMENT 3 – ASSESSMENT CRITERIA. BUSINESS FORMATS On the next five slides you need to research what each format is and explain advantages and.](https://reader036.fdocuments.in/reader036/viewer/2022083009/5697c0251a28abf838cd50a6/html5/thumbnails/14.jpg)
START-UP COSTS
• List the costs of starting your business. Be realistic and detailed
![Page 15: UNIT 1 ASSIGNMENT 3 – ASSESSMENT CRITERIA. BUSINESS FORMATS On the next five slides you need to research what each format is and explain advantages and.](https://reader036.fdocuments.in/reader036/viewer/2022083009/5697c0251a28abf838cd50a6/html5/thumbnails/15.jpg)
FINANCE PREDICTIONS
• Draw a simple cash-flow for the first year of your business
![Page 16: UNIT 1 ASSIGNMENT 3 – ASSESSMENT CRITERIA. BUSINESS FORMATS On the next five slides you need to research what each format is and explain advantages and.](https://reader036.fdocuments.in/reader036/viewer/2022083009/5697c0251a28abf838cd50a6/html5/thumbnails/16.jpg)
CONCLUSION
• Why do you think your business will succeed?
![Page 17: UNIT 1 ASSIGNMENT 3 – ASSESSMENT CRITERIA. BUSINESS FORMATS On the next five slides you need to research what each format is and explain advantages and.](https://reader036.fdocuments.in/reader036/viewer/2022083009/5697c0251a28abf838cd50a6/html5/thumbnails/17.jpg)
USING MY BUSINESS MODEL
• Analyse how your business model will help you succeed and carry out your activities
M5
![Page 18: UNIT 1 ASSIGNMENT 3 – ASSESSMENT CRITERIA. BUSINESS FORMATS On the next five slides you need to research what each format is and explain advantages and.](https://reader036.fdocuments.in/reader036/viewer/2022083009/5697c0251a28abf838cd50a6/html5/thumbnails/18.jpg)
MY CHANCES OF SUCCESS
• Now you need to provide a conclusion of your chances of succeeding overall based on your chosen format and everything else.
• This section should be a long explanation using your presentation notes.
• A distinction will not be gained easily
D3