SimVenture Evolution Lesson 14 - Business Plan www.simventure.co.uk 30/09/2019

Summary of Lesson 13 Overview: End of course employability skills questionnaire How to write reflectively An example Summary of Lesson 13 9/30/2019 www.simventure.co.uk

Business Model Canvas Overview of what we’re going to cover today.: How to construct a Business Model Canvas as part of your final assessment In this module you will be compiling: Business Model Canvas as part of your final assessment www.simventure.co.uk 30/09/2019

Business Model Canvas You’re going to complete your own Business Model Canvas for your own company in the simulation. If you are unsure about what a BMC is then you will need to do some research and/or reading. Here are some ideas and places to start using a search engine of your choice: Business Model Canvas: https://strategyzer.com/canvas/business-model-canvas https://www.alexandercowan.com/business-model-canvas-templates/ https://www.forbes.com/sites/tedgreenwald/2012/01/31/business-model-canvas-a-simple-tool-for-designing-innovative-business-models/#6ae6bd5816a7 http://alexosterwalder.com/ https://www.youtube.com/watch?v=QoAOzMTLP5s In your teams or individually: Based upon where the company is now and the research reports you have explored: Discuss and agree ideas to develop the business over the next 7 years Complete the business model canvas as far as you can You will need to log into the simulation and look for the information you need to complete the business model canvas 9/30/2019 www.simventure.co.uk

Business Plan Download a template Some learners may wish to take the next step from The Business Model Canvas and complete a full business plan related either to SimVenture Evolution or their own organisations. In this module we have given you links to the Business Plan from The Prince’s Trust https://www.princes-trust.org.uk/help-for-young-people/tools-resources/business-tools/business-plans. Scroll down the page to find: The Business Plan pack (PDF) Business Plan template (WORD) Business Plan template (PDF) Business Plan financial tables (Excel) You can use any other template you wish this is simply giving you an idea of what’s expected in a business plan. You should expect to spend several days completing the business plan to a level that would be acceptable for an assessment. Your course tutor may have alternative ideas for a business template so please make sure you follow their instructions if they have told you to use a different template. Download a template

Thank you for participating in this study programme and we hope you gained a lot of knowledge and experience from it. Please now submit your summative assessments to lesley.strachan@simventure.co.uk if you would like to receive a certificate of completion for Continual Professional Development (CPD) evidence. You will need to submit: Evidence of completion of the core skills activities (on-line test) A Business Model Canvas (one page) A reflection of the development of all CBI employability skills ( The cost of assessment & certification is £47.00. Summary 9/30/2019 www.simventure.co.uk