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COAC216: Business Plan and Investment Details for a Start-up





 COURSE: Bachelor of Business / Bachelor of AccountingCOAC216
ASSESSMENT BRIEF:
Cost Accounting Assessment 3 – Group Report (5 students in a group)
2,000 words (excluding executive summary, table of content, heading & sub- heading, references, appendix & tables)
Presentation: Week 9 Tutorial Class
Report: Week 10 Sunday 11:59 pm (online submission)
Group Presentation and Written Report
   Unit Code:
   Unit Title:
   Type of Assessment:
   Length/Duration:
      Unit Learning Outcomes addressed:
a) Discuss various approaches to performance evaluation and control in various types of organisations
b) Discuss the changing role of management accounting.
c) Devise and evaluate simple indicators of performance.
 
  Total Mark: 100 marks

   
    Students are advised that submission of an Assessment Task past the due date without a formally signed approved Assignment Extension Form (Kent Website MyKent Student Link> FORM – Assignment Extension Application Form – Student Login Required) or previously approved application for other extenuating circumstances impacting course of study, incurs a 5% penalty per calendar day, calculated by deduction from the total mark.
For example. An Assessment Task marked out of 40 will incur a 2 mark penalty for each calendar day.
More information, please refer to (Kent Website MyKent Student Link> POLICY – Assessment Policy & Procedures – Student Login Required)
     




ASSESSMENT DESCRIPTION:
Students are required to work in a group of 5 students for a presentation and a written report. Students must register for their group with the lecturer in week 4 and 5 and are not allowed to change group members without the lecturer’s permission.
 Scenario:
  You and your friends are willing to start a start-up business.
start a business, which means that your business’s setup cost plus the estimated loss until your business reaches the break-even point cannot exceed $100,000. Each group is required to perform the below tasks. Good luck!
You and your friends have $100,000 to
       Part
Task
Mandatory Online Training Course
       1
  1. Think about a feasible start-up business model and choose one.
  2. Develop a one-page business plan using the Business Model Canvas. (A detailed procedure will be given in Part 1 online training course)
A mandatory Part 1 online training course and resources available in Moodle. Every member must complete the Part 1 training course.
       2
  1. Develop a vision and a mission statement for the business model.
  2. Develop a Balanced Score card for the proposed start-up business model.
(A detailed procedure will be given in Part 2 online training course)
A mandatory Part 2 and 3 online training course and resources are available in Moodle. Every member must complete the Part 2 training course.
Penalty may apply to those students who fail to complete the online training courses by Week 10 Sunday 11:59 pm.
      3
Perform a break-even analysis for the proposed start-up business model.
(A detailed procedure will be given in Part 3 online training course)
   





Each group is required to present their work through a presentation and a written report. The details are as follow:

Task
Description
Due Date
Weig- hting
Presentation (Presenting to investors)
Goal:
Convince your potential investors so that they invest on your business model.
Requirements for presenting groups:
▪Photocopy your BMC in A4 (with your group number clearly written) enough to give at least one copy to each group (e.g. if there are 10 groups, your group need to print 10 copies of your BMC) and give to your lecturer on the presentation day;
▪Duration: 10 minutes
▪No of presenters: 5 people
▪PPT Slide: Business Model Canvas (minimum), and
Balanced scorecard & BE analysis (optional)
Requirements for participating groups:
▪Actively listen to other groups’ presentation and give$500 stickers (total 20 stickers available per group) to the business models that your group want to invest.
The business model that gets the most of stickers will be awarded as the Best Business Model.
  
Week 9 Tutorial
5%
Written Report
Each group is to write a business plan report including:
▪A brief description of your business idea;
▪Vision and Mission statement
▪Business Model Canvas for your business idea (put BMC
in your report)
▪Balance Scorecard (BSC) (what is BSC?, BSC for your
idea, translation of strategy of your business model),
make sure to put your BSC in your report.▪Break-even analysis (BE) (what is BE analysis?,
estimated operation costs (not setup cost) and revenue, categorisation of fixed and variable cost, calculation of contribution margin, calculation of BE in unit/service and BE in dollar, overall comment on BE of your business model)
▪Comment on overall feasibility.
Week 10 Sunday 11:59 pm
15%

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