Development of business model


Assignment Problem: Find the project phases as the following:

Phase 1:

  • Identifying opportunity for starting a small business "Specific business idea statement"
  • Team list identifying the team leader and team protocol

Phase 2:

 • Submission of the following:

Form of business, Sources for startup capital, List of partners.....etc.

Phase 3: Development of Business model

  • Structure of the business plan & table of contents for the business venture
  • Development of the business mission and vision

Phase 4: Development of Business model

Conducting Business SOWT Analysis

Phase 5: Development of Business model

Setup the Business Competitive strategy

Phase 6: Development of Business model

Conducting the feasibility analysis for the group business venture

Phase 7: Development of Business model

Guest Speaker: Capacity Planning and its Applications

Phase 8: Development of Business model

Setting the list of Key and Support Processes

Phase 9: Development of Business model

Develop the blueprint of the business layout

Phase 10: Development of Business model: Develop the Operations Plan

Phase 11: Development of Business model: Develop the Marketing Plan

 

Phase 12-14: Development of Business model: Develop the HR plan, Develop the Financial Plan and Complete business plan submission with the executive summary

- Form the project teams:

  • The project teams will be formed within the first week of the semester.
  • No more than five members will be in one team.
  • The team members will select one member as a team leader
  • The team leader will be responsible for the coordination among all team members
  • The participation of all members is a must

- Project Presentation:

  • The final project will be presented by the team members.
  • The members should respond to the instructor's or students questions.

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