bil lsbm305 small business management its competitiveness can be improved upon

Question:
Learning Outcomes for the item of assessmentThis item of assessment covers the following learning outcomes. For the full list of learning outcomes for the module, please refer to the Module Study Guide.
Distinguish between business ideas and opportunities.
Identify the essential ingredients to being a successful entrepreneur.Assess the characteristics of successful small businesses.
Critically analyse and evaluate the entrepreneurial process through which business ideas may be evaluated.
Critically discuss, analyse and evaluate the benefits and potential drawbacks of owning a small business.
Identify and describe team building dynamics.
Your work will be marked in grades rather than percentages.
This is considered to deliver the most accurate and fair outcomes for students. Each assignment that you undertake will be assessed using the common grading system.
Information about the gradingsystem can be found in your StudentHandbook.The Grade Criteria can be found in Appendix Cof your Student Handbook.5.Assessment 2Details5.1TaskIn this assignment, you will compile a 3,000-word portfolio on a UK based small business.
The portfolio consists of a mixture of short reports and reflections grounded in the small business management literature covered in topics in class. More guidance on how to approach portfolio development will be given in class.In putting together your portfolio, you are required to complete the following tasks:
Choose any UK-based small business from any sector of your choice and provide some general background. This forms your introduction of the portfolio. (500 words)
Write a 500-word statement justifying why you believe your chosen business qualifies as a small business. (500 words).
Draft a detailed business portfolio on the company, based on a rigorous, comprehensive and detailed knowledge base of theory/literature from any three topics (500 words each) covered in class. Financial planning must be one of these three topics. (1500 words).
In 500 words, write a recommendation for your chosen business as to how its competitiveness can be improved upon in the next 3 years. (500 words).Submit your responses to thesetasks in one MS Word document. The overall word count is 3,000 words in total (excluding references).
5.2 Submission requirementsYou are required to submit this assignment Thursday09April2020, 3pm. You must submit your assignment by using the Turnitin gateway in the modules Canvas site.Please Note: When you submit you will be asked to confirm you have referred to the Submission Checklist and the act of submitting your work electronically will be taken as an acceptance of theDeclaration of Authorship .
.Have you checked Canvas messages/announcements for any additional/final details of the assessment?
2.Are you submitting in the correct submissionareae.g. if it is a resubmissionof your secondassignmentit should be AS2R?
3.Make sure you are submitting the correct final version of your work.4.Have you kept to the word limit? Remember, anything greater than 10% above the word count will not be marked.
5.Have you addressed the assessment requirements as outlined in the Assessment Brief?
6.Have you spell checked and proofread your work?
7.Is your work formatted correctly and consistently?
8.Are you submitting a document in the correct format?
9.Is your work written in an appropriate academic style?
10.Have you checked your citations and Reference List/Bibliography?
11.Have you submitted your work to get a similarity report to check you have paraphrased where required?
12.Have you read the Declaration of Authorship in Appendix 2of the Assessment Brief?

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