Assignment Problem:
It is required that the new venture concept developed for Assignment 1 is used for Assignment 2.
Based on your proposal presented in Assignment 1, in Assignment 2, you are required to prepare a full business plan that could be submitted to a venture capitalist. It is assumed that you have successfully negotiated the first hurdle presented by Assignment 1 and have now been given the opportunity to present this plan.
The aim is to secure seed funding from the venture capitalist that will support the establishment and early stage growth of the venture. A maximum level of seed funding will be determined at the commencement of the session. Given that you are seeking to secure a substantial investment, your business plan must be a sales document as well as a detailed explanation of the market opportunity and financial outcomes. The submission must be (excluding appendices) and must incorporate a high impact Executive Summary.
You must demonstrate why it is likely to be worthwhile to invest in your new venture.
Instructions: Words: 2000 Words.
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