Your performance will be assessed in a real-world setting. Your business plan will be presented to a local banker by your group. Your report will serve as a formal proposal to be given to the banker along with your verbal presentation substantiating your need for start-up cash for your business.Essentially, you will be selling him on your idea. Your score depends on the bankers decision. If the banker sees your proposal as feasible, complete, and worth funding, you will receive a passing grade of A. If the banker sees your proposal as worthy but lacking some essential information, you will receive a grade of C for average. However, if the banker decides that your proposal is not worthy of funding you will receive a failing grade of F. Every good business plan includes (but is not limited to):

• Complete, concise information
  • Cover Letter
    A. Photographs
    B. Memorandum (Executive Summary)
    C. The Borrower (Description of you and your company)
    D. The Collateral
    E. The Market
    F. The Underwriting (Financial soundness of your plan)
    G. Recommendation (Summary)
• Bound in a folder or similar cover
• Visual Aids such as charts or graphs, or a Power Point presentation
• Verbal presentation in which each speaker participates, a logical sequence is followed, and persuasion is used

You will receive a separate grade for your one-page paper you turn in. A scoring guide is included here for your information.

Content	Fair 1-2	Average 3-4	Excellent 5-6
Attention getting introduction
Identified characterisitcs, aptitudes, and skills of successful entrepreneurs
Compared advantages of owning a business versus working for someone else
Documentation of all outside resources
Conclusion summarizes the writer's points
Contains information from a variety of sources
Form
Uses an effective organizational strategy
Varies sentence structure
Uses MLA documentation correctly for all quotations, and paraphrases
Works cited page included
Grammar, Usage, and Mechanics
No more than two or three minor errors in grammar and usage
No more than two errors in punctuation and capitalization
No spelling errors
Points possible 78
Your score ______