Prompt: Why should an entrepreneur develop a business plan? What did you find

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Prompt: Why should an entrepreneur develop a business plan? What did you find most challenging about your business plan? What was an area you felt confident about? Why do entrepreneurs who are not seeking external financing need to prepare business plans?
Instructions: Give at least two thoughtful responses to two other students’ postings. Make your reply specific to their comments. Go beyond simple agreement and add something new to the discussion with your reply.  A response posting should be a minimum of one short paragraph. Whether you agree or disagree, explain why with supporting evidence and concepts from the readings or a related experience. Include a reference, link, or citation when appropriate. The goal of your response posts is to extend discussions already taking place or pose new possibilities or opinions not previously voiced. Your goal should be to motivate the group discussion and present a creative approach to the topic.
Review and respond to two of your classmate’s posts.
75 – 125 max word count for post
Please follow the instructions below in the rubric to obtain MAX points.
Late Work and Make-up Policy for Discussions:
Late work is not accepted for this discussions, in other words, NO MAKE-UPS.
Points
Discussion Board Rubric
20-25
·       Responded to the opening questions and engaged in dialogue among students.
·       Responds frequently (post to the questions and respond to at least two other classmates posts [in a meaningful way]).
·       Reponses are appropriate and supported by class readings, lectures, examples, and experiences.
·       Flow and direction of the discussion greatly affected by your contribution.
·       Written language was clear and concise. Responses had few to no grammatical and spelling errors.
15-20
·       Responded to the opening questions and engaged in dialogue among students.
·       Responds frequently (post to the questions and respond to at least one other classmate’s posts [in a meaningful way]).
·       Reponses are mostly appropriate and have some limited supported through readings, lectures, examples, and experiences.
·       Flow and direction of the discussion positively affected by your contribution.
·       Written language was mostly clear. Written responses had few grammatical and spelling errors.
10-15
·       Responds to posted questions only. Did not providemeaningful responses to other classmates post.
·       Reponses are short, not supported, and have limited connection to readings, lectures, examples, and experiences.
·       Flow and direction of the discussion were poor or misdirected by your contribution.
·       Written language was not clear. Written responses had many grammatical and spelling errors.
0-10
·       Minimal participation.
·       Did not respond to the posted questions.
·       Reponses are short and without support.
·       Responses lacked critical analysis as applied to text/lecture.
·       Written language was difficult to read, with many grammatical and spelling errors.

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