ASSIGNMENT TASK: For this assignment, you are required to develop a comprehensive financial plan for a small hospitality business of your choice. The financial plan should demonstrate that you understand how hospitality businesses are funded, costed, and managed financially, and that you can apply this understanding to a realistic business context
MARKING CRITERIA: Below are the marking criteria that align with both the task(s) set and the quality of your document. Clear weightings/marks will be noted for each criterion. The overall mark awarded for this assignment will explicitly show how the mark was calculated based on your performance against each criterion. SECTION WEIGHTING OVERVIEW Section Weighting Max Marks Front Page — Concept & Student Details — Section 1: Executive Summary & Business Overview 10% 10 Section 2: Start-Up Cost Analysis 10% 10 Section 3: Funding Structure & Sources of Finance 15% 15 Section 4: Revenue Projections 15% 15 Section 5: Projected Profit & Loss Account 15% 15 Section 6: Monthly Cash Flow Forecast (12-month) 15% 15 Section 7: Break-Even Analysis 10% 10 Section 8: Sensitivity & Risk Analysis 5% 5 Section 9: Financial KPIs & Monitoring Plan 5% 5 Appendix — TOTAL 100% 100 TASK AND DOCUMENT FORMAT GUIDANCE: Focus on attention to detail, quality of work and overall academic standards. Specific Guidance for this assignment (include guidance on each task and the format of the document): Access the template and familiarise yourself with the various sections. Notice that for each section there are headings of what you need to include. Notice that there are marks awarded for each section under the marking criteria below. Marks will be deducted for poor academic writing, referencing and grammar. E-SUBMISSION GUIDANCE:
This assignment will require you to submit your work by uploading a document in Word or PDF format to Canvas. Please follow this online guide on document submissions and contact the DICE team at dice@ucb.ac.uk if you need any further support. LEARNING OUTCOMES: Learning Outcomes are what the student needs to demonstrate after completing a module. An assessment is a way in which students can demonstrate their achievement of these Learning Outcomes. Learning Outcomes are NOT the same as the assignment task. The Learning Outcomes assessed by this assignment are: 4. Develop comprehensive financial plans for small hospitality businesses
ACADEMIC SKILLS OUTCOMES: The Academic Skills Outcomes to be developed by completing this assignment can be found here. GENERAL ASSIGNMENT GUIDANCE: UCB
standards for presenting your written work
Please use the standards within this link about text size, line spacing, margins, headers, page numbering, embedding quotations within your work and appendices. https://ucbirmingham.instructure.com/courses/37413/pages/presentation-of-submitted- work
Main headings – Arial, size 14, bold, centred Sub-headings – Arial, size 12, bold, left-aligned Main text – Arial, size 12, left-aligned
Margins – 2.5cm on all sides Spacing – 1.5 line spacing
Between paragraphs – leave one line space between paragraphs
Reference list – use single spacing. Leave one space between each reference Paper Size A4 (unless otherwise stated)
Tables – label numerically in order of when they are presented in the assessment. Table 1, Table 2 etc.
Charts/Graphs – label as Figure 1, Figure 2, etc
Labels should be centred directly above the Table/Figure in Arial, size 12.
Using Artificial Intelligence (AI) ethically
Please read the information below on how to use AI ethically within your assignments, including Grammarly. Please ask your lecturer or CASE if you are unclear about any information within this link. If a marker has questions about how you have used AI within your assignment, you may be invited to a meeting to discuss your work.
https://rise.articulate.com/share/4h250QmyY8hNnsQ9HS7B702dJedhlsM6
within your assessments
Teamwork Assessment
Should this assignment require you to work as part of a team, you will receive an individual grade based on your performance and personalised feedback. The assignment brief will provide clear details on how your individual grade and feedback will be determined against the task and marking criteria.
Importance of Word Count
Assignment word counts should always be observed. Ignoring a word count significantly increases the risk of your work losing marks because it will likely lack focus and clarity, and/or you would have gained an unfair advantage over others who have completed their work within the word count.
Students will be required to state their word count on all submissions. A 10% leeway will be allowed, so the maximum a student should submit will be the word count + 10%. The word count will exclude:
o The title page
o The contents page
o Models, graphs, calculations, data tables, and other exhibited figures or images
o Lists of references
o Appendices (these should be kept to a minimum)
Page limits in some assessments
For some projects/assessments, a page limit may be set to encourage you to focus on the most critical information. This is particularly important in projects that involve multiple elements such as tables, graphs, diagrams, calculations or extensive coding, where
purposeful information is key.
E-submission
See the guidance below on e-submitting your assignment: Assessment issues | University College Birmingham
Cut-off date for late submissions (including for students with ECs and/or Support Plans)
The cut-off time for late submissions is as follows:
Original assessment period – 10 working days after the due date Resit assessment period – 24 hours after the due date.
After this time, you cannot submit any late assessments, even if you have Extenuating Circumstances to cover them.
Students with Support Plans may have additional time to submit their work after the formal submission date for the original assignments only. During the Resit assessment period, the maximum cut-off time for late submissions is 24 hours, regardless of whether a student has a support plan or extenuating circumstances.
If things go wrong | University College Birmingham
(See Additional Information Section, ‘Assignments and how to Submit them’)
Generic Grading Criteria
The Generic Grading Criteria (GCC) are the generic features and expectations of work at a given level on your programme. The GCC per level is used in conjunction with the assignment marking criteria to determine the mark for your assignment. For more information on the GCCs for Levels 4-7, please click on this link: Assessment fairness and marking | University College Birmingham
Plagiarism and Academic Misconduct
Please read the policy on Plagiarism and Academic Misconduct below. UCB will be robust in ensuring that marks awarded for assignments are based on fair and ethical assessment and referencing practices by students. Plagiarism | University College Birmingham
Extenuating Circumstances
Extenuating Circumstances (ECs) are significant personal difficulties which adversely impact your ability to complete your assignment. Please read the supporting information below if you have ECs impacting your ability to complete this assignment. If things go wrong |
University College Birmingham
UCB
Referencing Guide
You are required to reference your sources within your assignments appropriately. Please click on the link below to learn how to reference various sources of information. This Guide also includes how to acknowledge all Generative AI used within your assignment, ensuring that you comply with the Using AI Ethically within your Assignments policy (as covered above). https://ucbirmingham.instructure.com/courses/37413/pages/referencing-home-
Access the Assignment
Life Cycle
The Assignment Life Cycle offers you additional support at each stage of the assignment process. Please click on the link below:
https://ucbirmingham.instructure.com/courses/37413