Starting & Managing a Business
Assignment two – Group-based Assignment
January 2015 Display
This kind of assignment may be worth 30% of the final mark for BUS357e Starting & Managing a Organization. The cut-off date for this assignment can be 22nd Feb . 2015, 2359hrs. This is a group-based assignment. You should kind a group of a few members from your seminar group. Each group is required to publish a single are accountable to MyUniSIM via your particular seminar group. Please elect a group head. The responsibility of the group leader should be to upload the report for the group.
It is important for every single group member to contribute substantially for the final submitted work. Most group people are similarly responsible for the entire submitted assignment. If you feel the fact that work distribution is inequitable to possibly yourself or perhaps your group mates, make sure you highlight this kind of to your teacher as soon as possible. Your instructor will then investigate and decide on any action which should be taken. It is not necessary for all group users to be granted the same indicate.
With this assignment, you can expect to analyse organization environment by Community Golf equipment and analyze a business option as a operation.
On a group basis, prepare a comprehensive feasibility plan on a non-Food & Beverage (F& B) Franchise which the team can be keen to introduce into one of the selected Community Night clubs. The selected business should help foster better bonds among the residents living around the location.
The following are the designated Community Clubs which your group are supposed to choose from:
ADVISOR The Place, The Community Golf club @ Admiralty
(Block 547 Woodlands Drive 16 Singapore 730547)
Marine Parade Community Club
(278 Marine March Road Singapore 449282)
Anchorvale Community Membership
(59 Anchorvale Road Singapore 544965)
The Frontier Community Club
(60 Jurong Western world Central 3 Singapore 648346)
(10 Serangoon North Opportunity 2 Singapore 555877)
The GBA distribution should be a expression document in accordance with the format offered at the end of this document.
Project 2 – Page a couple of of 5
Community Zones or Community Clubs are run by People's Association. It is space within a real estate estate that is certainly allocated to act as the common meeting ground intended for residents. They've been set up to market racial a harmonious relationship and interpersonal cohesion throughout the various social, educational, leisure, sporting, interpersonal and other community-based activities Recently, more and more commercial businesses have already been setup inside Community Golf equipment. One such case is Burger King setting up inside Tampines North Community Club.
There are several ways to start a business and one of them is to get a franchise. A few of the advantages of using franchising happen to be brand-name appeal with a confirmed record plus the proper schooling and assistance that are provided. Details of the various types of franchises in Singapore can be found at the website of Franchising and Licensing Relationship (FLA) Singapore: www.flasingapore.org.
Suggestions and Presumptions
GBA groups are free to execute desk analysis, field analysis, interviews, etc to identify feasible business ideas. They can obtain/collect the data through the relevant selection databases to evaluate the demographics, market potential and economical attractiveness in the opportunity. You should formulate an entire Business Plan which includes financial examination on the viability of the fresh start-up.
The business thought must be a non-F& W Franchise and it must be positioned in one of the chosen Community Golf clubs.
The rental for the retail store space is assumed to be $9, 000/monthly for the duration of three years.
The initial two months of operation is the gestation length of the new franchise, e. g....
References: to get Assumptions Produced
Total 95 marks
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Assignment two – Webpage 5 of 5
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