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The rubric provides criteria for evaluating business plans in two categories: poor/lacking info and sufficient. It addresses introductory elements, business description, industry analysis, mission statement, management plan, product/services, marketing, financial management, and writing skills. Scores of 1 point are for poor/lacking info, while scores of 2 points are for sufficient information, though it may still have some errors or omissions.
The rubric provides criteria for evaluating business plans in two categories: poor/lacking info and sufficient. It addresses introductory elements, business description, industry analysis, mission statement, management plan, product/services, marketing, financial management, and writing skills. Scores of 1 point are for poor/lacking info, while scores of 2 points are for sufficient information, though it may still have some errors or omissions.
The rubric provides criteria for evaluating business plans in two categories: poor/lacking info and sufficient. It addresses introductory elements, business description, industry analysis, mission statement, management plan, product/services, marketing, financial management, and writing skills. Scores of 1 point are for poor/lacking info, while scores of 2 points are for sufficient information, though it may still have some errors or omissions.
Introductory Elements Poor /Lacking Info Sufficient
Table of Contents Executive Summary Introductory elements were omitted Introductory elements were included and/or contained errors. but contained errors.
Business Description Poor /Lacking Info Sufficient
Brief description of the Business (or Idea) An overview of the company is not An overview of the company is provid provided. but is lacking significant pieces of the requested information.
Industry Analysis Poor /Lacking Info Sufficient
Provides largely incomplete information Provides somewhat complete regarding industry size and maturity, information regarding industry size an opportunities & threats in the industry, maturity, opportunities & threats in th overall outlook for the industry, major industry, overall outlook for the competitors. Explains how proposed industry, major competitors. Explains product/service is distinct from others. how proposed product/service is distinct from others.
Mission Statement Poor /Lacking Info Sufficient
Mission statement is not included. Mission statement is included and describes the purpose of the business Core values are included but do not reflect an understanding of the fundamental beliefs regarding the appropriate manner in which to condu company activities.
Management Plan Poor /Lacking Info Sufficient
SP, partnership, corporation ownership Qualifications of MGT team & comp. pkg. No form of business ownership was Form of business ownership was Explanation of how things will be done. included in the plan. chosen. Permits/licenses/certifications omitted. No explanation of how things will be No explanation of methods of doing done. things.
Product &/or Services Poor /Lacking Info Sufficient
Identify and describe all products/Services, explain how your products will be competitive. Product/Service mix was partially Product/Service mix was partially discussed or some was omitted. discussed and seemed to lack a Explanation of how your products will complete line of product/service be competitive is missing. offerings. Explanation of how your products will be competitive was missing.
Marketing Poor /Lacking Info Sufficient
Who are your customers, where are they,what do they want? Marketing of the business was partially Marketing of the business was partial What is your marketing mix (4 p's). discussed but lacked mention of any discussed including some but not all o specific information. the following: identification of the target market and how they will be reached, customer needs and product characteristics, pricing, distribution, promotions.
Financial Management Poor /Lacking Info Sufficient
Start-up Costs No start-up cost reports were included. Some start-up cost reports were included.
Writing Skills Poor /Lacking Info Sufficient
Mechanics errors on every page. Fair number of mechanics errors. Writing style lacks clarity to the point of Writing style sometimes lacks clarity not being understandable. reader.