This week’s topics
Business plan integration and feasibility
- Resource allocation alignment
- Milestone planning and performance metrics
- Sensitivity analysis
- Final viability appraisal
What you will be able to do
- 1.1 Describe the range of resources required to start a business.
- 3.1 Produce a business plan for a start-up business.
Activity
Start with this week’s video, then: Seminar, guided reading and a short written task: describe the range of resources required to start a business.
Study materials
Videos
- Sensitivity analysis · YouTube · The Finance Storyteller · 9 min · for registered students
- What is Feasibility Analysis? | Entrepreneurship | From A Business Professor · YouTube · Business School 101 · 7 min · for registered students
- Sensitivity Analysis · YouTube · tutor2u · 8 min · for registered students
Further resources
- Entrepreneurship, ch. 11: Business Model and Plan · PDF · OpenStax, textbook chapter; pp. 405–452 · for registered students
- Principles of Accounting Vol. 2, ch. 3.3: Break-even sensitivity analysis · PDF · OpenStax, textbook chapter; pp. 135–141 · for registered students
- Small Business Management in the 21st Century, ch. 5: The Business Plan · PDF · Saylor Academy, textbook chapter; pp. 202–256 · for registered students
Materials marked “for registered students” open in the student portal, which is set up as soon as you receive final acceptance.