Business Planning – from idea to businessLaajuus (0 cr)
Code: LUCFC003
Credits
0 op
Objective
After the study unit
- You recognize financial management aspects as part of planning and executing your business idea
- You are familiar with different financing options for your business idea
- You are able make calculations for your business idea
- You are able to evaluate financial feasibility of your business idea
- You recognize the risks related to your business idea
- You are able to include variety of sustainability aspects to your business idea
- You are aware of the establishment process of a business
- You are able to make a business plan for your business idea
- You are able to recognize megatrends, change drivers and take them into account for future foresight of your business
Content
Themes:
- Financial management, financing options, calculation and financial feasibility
for business idea
- Risks and sustainability aspects
- Establishment process and business plan
- Megatrends, change drivers and future foresight
Assessment criteria, satisfactory (1)
Level 1
You understand the importance of a business plan as a tool for business planning.
You are able to make a business plan according to the given instructions including sustainability and future aspects.
You know the establishment procedures related to starting a business, as well as the entrepreneur’s responsibilities as an employer, and you are able to take them into account in the business plan.
Level 2
You are able to make a balanced business plan.
You are able to include the field specific aspects.
Assessment criteria, good (3)
Level 3
You are able to make a realistic and detailed business plan.
You are able to take into account the specific aspects of the chosen field of business.
Level 4
You are able to evaluate the feasibility of a business plan and draw conclusions based on the business plan.
Assessment criteria, excellent (5)
Level 5
You are able to critically evaluate the feasibility of different aspects of a business plan and provide development suggestions based on the plan.
Assessment criteria, approved/failed
Accepted:
You are able to make business plan calculations and by utilizing them to evaluate the feasibility of the business plan.