iRubric: Salon Business Plan Grading Rubric

Introductory elements were omitted and/or contained errors.

Introductory elements were included but contained errors.

Introductory elements were included and completed correctly, including an executive summary.

Introductory elements were included and completed correctly, including a detailed executive summary that thoroughly summarizes the business.

Provides largely incomplete information regarding the current products and services offered, including future development plans. Explains how proposed product/service is distinct from others.

Provides somewhat complete information regarding the current products and services offered, including future development plans. Explains how proposed product/service is distinct from others.

Provides fairly complete information regarding the current products and services offered, including future development plans. Explains how proposed product/service is distinct from others.

Provides complete information regarding the current products and services offered, including future development plans. Explains how proposed product/service is distinct from others.

No form of business ownership was included in the plan. Permits/licenses/certifications omitted. No explanation of methods of doing things.

Form of business ownership was chosen.<BR>
No explanation of how things will be done.

Form of business ownership was chosen and defined. Some explanation of how things will be accomplished.

Form of business ownership was chosen, defined, and reasoning was given for the choice of ownership. Thorough explanation of how things will be accomplished.

Salon's capital requirements and profit potential was partially discussed but lacked mention of any specific information. No start-up cost reports or an annual proposed operating budget were included.

Salon's capital requirements and profit potential was partially discussed but lacked pertinent information. Some start-up cost reports were included.

Salon's capital requirements and profit potential was discussed but lacked some pertinent information. Start-up cost reports included.

Salon's capital requirements and profit potential was discussed in detail and included pertinent information. Financing strategies and concepts were discussed. Detailed start-up cost reports included. Included a detailed proposed operating budget for one year.

Missing necessary documents to support business plan. Lacks appropriate organization of documents.

Includes some necessary documents to support business plan. Some forms are appropriately organized.

Includes most necessary documents to support business plan. Most forms are appropriately organized.

Includes specific documents correlating to the support of the business plan. All forms are appropriately organized and placed within the proper section. Documents includes: Floor plan of the salon, resumes of key salon personnel, job descriptions of salon personnel, promotional brochures, and all others on the distributed check list