Question: Entrepreneurship Project: Developing a Comprehensive Business Plan Objective: The objective of this assignment is to cultivate your entrepreneurial mindset by envisioning, conceptualizing, and formulating a
Entrepreneurship Project: Developing a Comprehensive Business Plan
Objective: The objective of this assignment is to cultivate your entrepreneurial mindset by
envisioning, conceptualizing, and formulating a comprehensive business plan for a venture
of your own creation. This assignment aims to enhance your understanding of various
entrepreneurial facets, including Human Resource Management HRM Marketing,
Operations, and Financial Planning.
Task: Your task is to develop a detailed business plan for a startup venture of your choice
based on the Mauritian territory. Your business plan should encompass all essential aspects
of entrepreneurship, with a particular focus on HRM and Marketing strategies. Your plan
should be innovative, feasible, and backed by thorough research and analysis on the
Mauritian context.
Guidelines:
Venture Conceptualization:
a Define your startup concept, including its nature, purpose, and target market.
b Explain the unique value proposition of your venture and how it addresses a specific need
or gap in the market.
Human Resource Management HRM:
a Outline the organizational structure of your startup.
b Discuss the roles and responsibilities of key personnel.
c Propose a recruitment and selection strategy.
d Develop a plan for employee training and development.
Marketing Strategy:
a Conduct a market analysis to identify your target audience, competitors, and market
trends.
b Develop a marketing mix strategy Product Price, Place, Promotion tailored to your
target market.
c Outline your sales and distribution channels.
d Propose methods for customer acquisition and retention.
Operations Plan:
a Detail the operational processes involved in delivering your productservice
b Discuss resource requirements, including technology, facilities, and suppliers.
c Address any legal or regulatory considerations relevant to your venture.
Financial Planning:
a Prepare a detailed financial forecast, including startup costs, revenue projections, and
expenses.
b Discuss your funding strategy, including potential sources of capital and investment
opportunities.
c Conduct a breakeven analysis and assess the financial viability of your venture.
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Project Management & Entrepreneurship BCNSC Module Assignment Page
Deliverables:
A wellstructured business plan document in a form of a report, including all sections
outlined above.
Minimum number of words:
Any additional materials eg market research reports, financial models that support
your plan.
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