OPPORTUNITY RECOGNITION UNIT PROJECT GRADING RUBRIC Based on what you have learned about ways to evaluate potential business opportunities, think of a unique business idea of your own. Use the New Venture Analysis, SWOT Analysis, BE Analysis, and ROI Analysis to show why your idea would be successful. You may do this in any way: Prezi, PowerPoint, Google Presentation, Google Doc, Word, etc. Here is how you will be graded: 3 New Venture Analysis SWOT Analysis BE Analysis The following are included: a. Business Concept: explained thoroughly b. Product/Service Description: product/service is thoroughly described c. Management Team: a strong team is identified d. Marketing: at least 3 items are listed that could be used for marketing e. Financials: a detailed list of costs and revenues of the business are identified f. Outlook: the future outlook for this business is thoroughly explained A thorough SWOT analysis was performed. All four areas were addressed thoroughly and with great detail to specifics. The SWOT analysis was presented in a visually appealing way. In the BE analysis a thorough identification & explanation was made on all fixed costs, variable unit costs, expected unit sales, and selling price per unit. The break-even point is clear and steps were presented as to how the business can get there and beyond. The BE analysis is presented in a visually appealing, easy to read way. 2 1 The following are included: a. Business Concept: explained b. Product/Service Description: product/service is described c. Management Team: a team is identified d. Marketing: 2 items are listed that could be used for marketing e. Financials: costs and revenues of the business are identified f. Outlook: the future outlook for this business is explained At least 3 of the following are included: a. Business Concept: explained b. Product/Service Description: product/service is described c. Management Team: a team is identified d. Marketing: 2 items are listed that could be used for marketing e. Financials: costs and revenues of the business are identified f. Outlook: the future outlook for this business is explained A SWOT analysis was performed. All four areas were addressed. A partial SWOT analysis was performed. Not all 4 areas were addressed adequately. In the BE analysis, identification & explanation was made on fixed costs, variable unit costs, expected unit sales, and selling price per unit. The breakeven point was identified and steps were presented as to how the business can get there and beyond. In the BE analysis, identification & explanation was made on some fixed costs, variable unit costs, expected unit sales, and selling price per unit. The break-even point was identified. ROI Analysis Intellectual Property Total inflows and outflows for the first 5 years of the business were calculated and the reasons behind the calculations were explained thoroughly and realistically. The ROI formula was used correctly to reflect the success/struggles/loss of the business during the first 5 years. All numbers were realistic and made sense and explained why were are what they are. A plan is in place and thoroughly explained about how to protect the business idea. This includes any patent, copyright, trademark, trade name, trade secret that might need to be protect. The reason protection is needed is clearly explained. Total inflows and outflows for the first 5 years of the business were calculated and the reasons behind the calculations were explained. The ROI formula was used to reflect the success/struggles/loss of the business during the first 5 years. Most numbers were realistic and made sense. Total inflows and outflows for the first 5 years of the business were calculated. The ROI formula was used. A plan is in place about how to protect the business idea. This includes any patent, copyright, trademark, trade name, trade secret that might need to be protect. There is no plan to protect the business idea. TOTAL SCORE /15