Last week I already mentioned you in the class that the weight for big assignment in my class is 40% which means is VERY BIG, so don’t ever try to underestimate it because you will REGRET it, I promise. All you have to do is making a business plan based on the category. However, to make it clear I’ll give you more detail about the format, chapter and so on. Here we go…

 

 

1.  The total pages (include the cover) is no longer than 20 pages), make sure YOU FOLLOW the format of the cover such as, name, group, photo and work percentage each member.
2. Use Times New Roman 11, space 1,5
3. the section follows “9 Steps Process of Decision Making by Newnan”
4. the first section is RECOGNIZE THE PROBLEM. at this chapter you have to Identify the problem exist. Tell me what’s goin on in your business, your urgency to run the business, your background to idealize the business. Don’t forget, the constraint of your business plan are the category and the budget (the budget must nor exceed Rp. 500.0000.000)
5. the second sectionis “DEFINE GOAL/OBJECTIVE”. After you identify the problem then you finalize what is your objective. Remember to suit the constraints, budget and category must be main concern. The concept must be unique and has a demand.
6. the third section is “ASSEMBLE RELEVANT DATA”, in this chapter you have to collect a data which support your business. If your business must be run urgently then show it a relevant data. You can google it, you can use statistics, demographic or anything which strengthen your business ideas. Make sure you put the credits and this is GOOD POINT, because you are responsible the accuracy of your writing here. If you skip this, then I can assume you “A PLAGIARISM ACTION”. If you have difficulty to pick interest rate number, you can directly google at the commercial bank in Indonesia such as Mandiri, BNI, BCA etc.
7. The forth section is “IDENTIFY ALTERNATIVES”,  In this case you only have 2  alternatives: run your business or do-nothing (deposit to the bank). Off course you have to make it happen your ideas, you have to make profit by illustrating the cash-flow occurred.  In this section you must draw cashflow diagram or using table which illustrate the cost and benefit of your business.
8. the fifth section is “SELECT CRITERIA”, to decide something you have to put criteria that your business plan is profitable
9. the sixth section is “CONSTRUCT A MODEL”, it means the criteria you have chosen must be translated into math expression, such as: NPV>0, payback period is less than 1o years or so on (describe briefly)
10. the seventh section is “PREDICT EACH ALTERNATIVES OUTCOME”, it means you calculate the outcome of math expression or math model you have already built previously, Predict each alternative outcomes!
11. the eight section is ” CHOOSE THE BEST ALTERNATIVE”,  which alternative best meets the selection criterion for example the NPV score for last step of decision process is greater than zero so the business is favorable
12. the last section is “AUDIT THE RESULT”, the final step is analyze that your decision really  matches to your objective. Is the prediction overlook? Is it accurate? Realistic? Audit means comparison of what happned against the prediciton

if you have any question regarding this assignment you can ask me. Good luck.