This Assessment Task will address the following Learning Outcomes:
LO1: Evaluate the skills required to manage the ongoing demands associated with small
business proprietorship
LO2: Analyse small business management decision making and strategies for success
Assessment Description
Each student is to submit a 10-minute video presentation covering the following questions.
• What is the difference between an entrepreneur and a small business
owner? Which one are you or do you think you are? Why?
• What skills are required to manage the on-going demands associated with running
a small business? Which ones do you have? What are your skill gaps? What
must you do to fill those gaps in order for you to have a successful business?
• What is your passion? Do you think you could turn that ‘passion’ into a successful
small business? Why or why not?
• Research a small business owner or entrepreneur that you admire or aspire to be
like. State why you chose this person. Analyse his/her business decisions
throughout the small business journey and discuss what were some key strategies
that led to his/her success.
For the slides:
• When you record your presentation, you also must turn on the video so you can be
seen in the presentation.
• You are encouraged to be creative with your slide presentation. Try not to use too
many words on the slide. Remember – “A picture says a thousand words”. Use
appropriate pictures / photos that support your talk.
• You should not have more than 8 slides.
For example:
Slide 1: Cover slide
Slide 2: Entrepreneur vs Small Business Owner
Slide 3: Skills
Slide 4: Skills
Slide 5: Passion / Business
Slide 6: Owner / Entrepreneur you admire.
Slide 7: Owner / Entrepreneur business journey / strategies
Slide 8: Final slide / closing
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