Lincoln University College

Bachelor of Mechanical Engineering Technology

ASSIGNMENT

PAPER :

TITLE : ENTREPRENEURSHIP DEVELOPMENT

SUBMISSION DATE : 14th NOVEMBER 2021

Instructions to Candidates:
1. Answer ALL questions.
Your essay should be not less than 1500 words.
 Group Assignment
INSTRUCTIONS TO STUDENTS

1. This assignment contains only ONE (1) question.

2. Your assignment should be between 1500 to 2000 words excluding references. Your
assignment should be typed using 12 point Times New Roman font and 1.5 line spacing. The
number of words should be shown at the end of your assignment.

3. This assignment should be done in groups, not exceeding 2-3 persons. The group member
should be in same programme of your study.

EVALUATION

This assignment accounts for 20% of the total marks for the course and shall be assessed based on
the marking guide attached.

PLAGIARISM: MARKS DEDUCTION

You should not copy another person’s assignment as your own. If plagiarism is detected, Zero (0)
mark would be given.

ASSIGNMENT QUESTION

Having attended the Entrepreneurship class, you are confident that you can articulate some good
business ideas and that you have set your mind to start a business of your very own. Hence, the first
step is to draw out a clear Business Plan so that you can convince your investors or venture capitalist
and bankers from the point of rasining funding for your business.

Based on the Business Plan Guide as outlined below, draw out a clear and convincing plan for the
business that you plan to venture.
GUIDELINES

The Business Plan represents a combination of various sub-plans covering the broad areas of activity
in a business operation. The outline should include the following:

1. Executive Summary 15 marks

2. Industry Analysis 10 marks
3. Company Description 10 marks
4. Market Analysis 10 marks
5. Strategies and Operations Plan 15 marks
6. Management Team and Company Structure 10 marks
7. Financial Projections 10 marks
8. Contingency Plans 10 marks
9. Appendices 5 marks
10. References 5 marks

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