Mount Royal University - Business Consulting (January 2025)
Timeline
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January 24, 2025Experience start
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April 10, 2025Experience end
Categories
Communications Market research Competitive analysis Market expansion Product or service launchSkills
exit strategies competitive analysis financial planning business planning preparing executive summaries marketing planning management innovationThis opportunity is for employers seeking to collaborate with senior business students from Mount Royal University enrolled in the ENTR 4433 Business Plan Development course. Students will develop a comprehensive 10-15 page business plan tailored for new or existing enterprises.
The business plan is a valuable tool for both startups and established businesses, providing an opportunity to reassess and evaluate all operational aspects—from value proposition and marketing strategy to supply chain management and other critical areas.
For Employers:
- Learn more on how to get started and post your project.
- Thoroughly review and agree to the Terms & Conditions.
Students will be tasked with delivering a comprehensive business plan tailored to your business. A business plan can be utilized by startups, Small & Medium Enterprises to raise capital and/or apply for provincial and federal grants. A business plan is beneficial to both for-profit and not-for-profit ventures and organizations.
Students will work as consultants, and the more time you dedicate to them, the better the information the students will have to produce a comprehensive business plan that can meet the unique needs of your business. We recommend working with the students to book a meeting at least once a week for collaboration, ask thoughtful questions, and provide guidance.
Please find below the business plan outline:
1) Executive Summary (max 250 words)
2) Company Description
3) Industry Target Customer and Competitive Analysis
4) Product/Service plan
5) Marketing Plan (this can include Social Media Strategy, Campaign Strategy and Communication Strategy)
6) Operation and Development Plan
7) Management Team
8) Critical Risk
9) Offering
10) Exit Strategy
11) Financial Plan
Warning: Please be aware that the deliverable is strictly a business plan, as explained above.
The course schedule is as follows:
- Initial screening phase: October 25 - December 13. The TalentED YYC team will review project submissions.
- Final approval phase: December 13. The TalentED YYC team will accept all final projects.
- Project matching phase: January 16-23. Students will join the experience, review matched projects, and self-assign to the project that they feel interested in.
- Working phase: January 23 - April 9. Student groups start to work on the project with their clients. Students will present their business plan to the class. Employers can attend those presentations if they want.
- Delivery deadline: April 9. Students submit their work.
Project timeline
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January 24, 2025Experience start
-
April 10, 2025Experience end
Project Examples
In this project, students will hone their abilities in identifying and evaluating opportunities, formulating winning strategies, assessing resource requirements, and effectively pitching their plans to potential financiers, significantly enhancing their current skillset in entrepreneurship and business management.
Timeline
-
January 24, 2025Experience start
-
April 10, 2025Experience end