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ENT424

Feasibility Studies & Business Proposals

This course introduces students to feasibility study and business proposals, covering sources of information, data generation, and business description. It explores technical and financial analyses, marketing strategies, and business plan implementation. Students will learn to prepare business proposals and loan applications. The course aims to equip students with the knowledge and skills to write and present effective business plans for new ventures, enhancing their entrepreneurial capabilities.

About this course

Difficulty
Intermediate
Study hours
208 hours
Maths
Basic
Content
Theoretical, practical, case study
Practical work
Yes
How it is assessed
  • Assignments
  • Tutor marked assessments
  • Final examination

One paragraph, so you can see how it reads

ENT424 · UNIT 2: GENERATING DATA FOR FEASIBILITY STUDIES

Basically the lack of feasible business goals and understanding of how these goals would be achieved can spell a fault start for the entrepreneur. The entrepreneur may need someone who is experienced in business feasibility to assess a business and offer valuable information and advice for the ultimate direction.

What you should be able to do

  1. Define the concept of Feasibility Study
  2. Discuss the fundamental aspects of Business Proposals
  3. Analyze the aspects of Technical and Analyses
  4. Discuss the aspects of Marketing Analysis and Strategies
  5. Analyze the Implementation of Business Plans
  6. Explain preparation of Business Description
  7. Prepare and present Loan Proposals

What it prepares you for

Careers
  • Business Analyst
  • Project Manager
  • Entrepreneur
  • Business Consultant
  • Loan Officer
Where it is applied
  • Entrepreneurship
  • Banking
  • Consulting
  • Project Management
  • Financial Services

Where it gets hard

The units students slow down on, and what makes each one heavy.

  • Module 2: Business Plan Components

    Unit 6: Technical Analysis

    Advanced calculus integration techniques require strong mathematical foundation

  • Module 3: Business Proposals

    Unit 11: Financial Analysis

    Understanding pro forma financial statements requires prior accounting knowledge and analytical skills.

A suggested way through it

Suggested

13 weeks, about 27 hours in total. Yours will differ.

  1. Week 1Module 1: Introduction to Feasibility Studies
    • Unit 1: Sources of Information for Feasibility Studies · 1.5 hours

      Read Unit 1: Understand the meaning and importance of feasibility studies.. Identify and discuss various sources of information for feasibility studies.. Complete Self Assessment Exercise 1 to test your understanding of the aspects of a feasibility study..

    • Unit 2: Generating Data for Feasibility Studies · 1.5 hours

      Read Unit 2: Discuss the information needed for a feasibility study, focusing on marketing, operations, and finance.. Explain the information required for marketing, including target market analysis.. Complete Self Assessment Exercise 2 to reinforce your understanding of information generation for operations..

  2. Week 2Module 1: Introduction to Feasibility Studies
    • Unit 3: Business Description · 2 hours

      Read Unit 3: Understand the meaning of a business description and its importance in a business plan.. Identify essential considerations in preparing a business description.. Complete Self Assessment Exercise 1 to test your understanding of business description..

  3. Week 3Module 1: Introduction to Feasibility Studies
    • Unit 4: Location or Siting of Business · 2 hours

      Read Unit 4: Explain the essence of location in business and its impact on success.. Discuss the considerations in choosing a business location, including facilities, land, and market.. Complete Self Assessment Exercise 2 to reinforce your understanding of the factors to consider in location of business venture..

  4. Week 4Module 1: Introduction to Feasibility Studies
    • Unit 5: Management and Production · 2 hours

      Read Unit 5: Discuss the components of a production plan and its importance in manufacturing operations.. Explain the marketing plan and its role in distributing, pricing, and promoting products.. Complete Self Assessment Exercise 1 to test your understanding of the relevant areas of manufacturing that are to be included in the production plan..

  5. Week 5Model 2: Business Plan Components
    • Unit 6: Technical Analysis · 2 hours

      Read Unit 6: Understand the determinants of optimum location and their impact on technical feasibility.. Explain the determination of optimum size and its relationship with the market.. Complete Self Assessment Exercise 1 to reinforce your understanding of the factors that influence location of a project near source of raw materials..

  6. Week 6Model 2: Business Plan Components
    • Unit 7: Defining Management Team for Operation · 2 hours

      Read Unit 7: Explain the importance of developing a management team and building a successful organization.. Differentiate between job description and job specification.. Complete Self Assessment Exercise 1 to test your understanding of the expectations of employees from organizational design..

  7. Week 7Model 2: Business Plan Components
    • Unit 8: Market Analysis and Marketing Plan · 2 hours

      Read Unit 8: Discuss the marketing environment and analysis, including external and internal environmental factors.. Explain market research and its role in understanding the market.. Complete Self Assessment Exercise 1 to reinforce your understanding of the external environmental factors that shape marketing in business..

  8. Week 8Model 2: Business Plan Components
    • Unit 9: Defining Marketing Strategies · 2 hours

      Read Unit 9: Explain marketing strategies and action plans, including product, pricing, distribution, and promotion.. Discuss the factors to consider in fixing the price for a new product.. Complete Self Assessment Exercise 1 to test your understanding of the areas of distinction that an entrepreneur can introduce in a product..

  9. Week 9Model 2: Business Plan Components
    • Unit 10: Business Plan Implementation · 2 hours

      Read Unit 10: Understand the importance of reviewing a business plan before implementation.. Explain the process of measuring plan progress and avoiding failure of business plans.. Complete Self Assessment Exercise 1 to test your understanding of the essential areas of a business plan..

  10. Week 10Module 3: Business Proposals
    • Unit 11: Financial Analysis · 2 hours

      Read Unit 11: Explain and prepare an operating and capital budget.. Discuss and prepare pro forma income statements and cash flow.. Complete Self Assessment Exercise 1 to test your understanding of examples of fixed expenses in business operations..

  11. Week 11Module 3: Business Proposals
    • Unit 12: Financing Plan · 2 hours

      Read Unit 12: Explain the implications of securing funds from varied sources, including internal and external sources.. Identify and discuss equity financing, venture capital, debt financing, and equipment leasing.. Complete Self Assessment Exercise 1 to test your understanding of why it may be difficult for a venture to secure finances..

  12. Week 12Module 3: Business Proposals
    • Unit 13: Preparing Business Proposals · 2 hours

      Read Unit 13: Understand the meaning of a business proposal and its scope and value.. Discuss the evaluation of the business proposal and outline the major sections.. Complete Self Assessment Exercise 1 to test your understanding of the benefits of a business plan..

  13. Week 13Module 3: Business Proposals
    • Unit 14: Writing a Loan Proposal · 2 hours

      Read Unit 14: Explain the meaning and purpose of a loan proposal.. Discuss how to write a loan proposal and outline the major sections.. Complete Self Assessment Exercise 1 to test your understanding of a loan proposal..

Preparing for the exam

What to do
  • Create a detailed outline of each unit, focusing on key definitions and concepts.
  • Practice writing business proposals and loan applications using case studies.
  • Review financial analysis techniques, including pro forma statements and break-even analysis.
  • Form study groups to discuss and clarify complex topics such as technical analysis and marketing strategies.
  • Allocate sufficient time to revise all TMAs and their corrections before the examination.

Questions students ask about this course

What is ENT424 about?

This course introduces students to feasibility study and business proposals, covering sources of information, data generation, and business description. It explores technical and financial analyses, marketing strategies, and business plan implementation. Students will learn to prepare business proposals and loan applications. The course aims to equip students with the knowledge and skills to write and present effective business plans for new ventures, enhancing their entrepreneurial capabilities.

How many units does ENT424 have?

ENT424, Feasibility Studies & Business Proposals, has 28 units across 2 modules, over 399 pages of course material. You can read it one unit at a time.

How many credit units is ENT424?

ENT424 carries 2 credit units, at 400 level in Management Sciences.

Is ENT424 hard?

ENT424 is rated intermediate level, with basic mathematical content. It is mostly theoretical, practical and case study work, and it has a practical component.

How long does ENT424 take to study?

About 208 hours of study, spread across its 28 units.

How is ENT424 assessed?

ENT424 is assessed by assignments, tutor marked assessments and final examination.

What can I do with ENT424?

Business Analyst, Project Manager, Entrepreneur, Business Consultant and Loan Officer.

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