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iRubric: Startup Business Final rubric

iRubric: Startup Business Final rubric

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Startup Business Final 
Rubric to evaluate a startup business.
Rubric Code: C24WC2X
Ready to use
Public Rubric
Subject: Business  
Type: (Other)  
Grade Levels: (none)

Powered by iRubric Business start-up
  Not Done

0 pts

Poor

1 pts

Fair

2 pts

Good

3 pts

Business Idea

Should be included in your Business Plan.

Not Done

Business idea is not done (you can stop here).
Poor

Business idea is not crystalized or has been done by others and failed.
Fair

Business idea is fairly clear and unique.
Good

Clear and unique business idea.
Documentation
Business Plan

At least 250 words on your business plan. Should include your future plans for your business.

Not Done

Not done
Poor

Poor business plan. Needs a lot of work.
Fair

Fairly done business plan. Needs work.
Good

Meets all requirements.
Marketing Plan

250 words, on how you plan to reach your customers and how much of your start-up cost will be used on this. I.E Social Media, Word of Mouth, TV ads, possible promotions.

Not Done

Not done
Poor

Weak, unproven, or controvertial marketing plan.
Fair

Fairly done marketing plan. Needs work.
Good

Working marketing plan.
Logo

Logo must fit one one full page

Not Done

Not done.
Poor

Not thought out.
Fair

Thought out not executed well.
Good

Thought out and executed well.
Blue Print

Picture of your product

Not Done

No done.
Poor

Not thought out
Fair

Thought out Not executed well.
Good

Thought out and executed well.
Product or Service
Product or Service

Not Done

Nothing has been done. At the idea stage.
Poor

Some work has been done. Prototype/Service is not ready.
Fair

There is a prototype of product or service.
Good

There is a working product or service.
Start-up Costs

How much money will you need to start your business. Equipment, inventory, building, (should be included in your business plan)

Not Done

No model.
Poor

Is not specific
Fair

Tested model. May not be strong enough.
Good

Proven model tested by others.
Barriers to Entry
Patentability

If applicable (should be included in your business plan)

Not Done

Needs patent.
Poor
Fair
Good

Will have a patent.
Financials
Revenues

How much do you plan on charging for your product or service? How did you come to this number? How much does it cost you to make the product and pay your employees?

Not Done

None, negligible.
Poor

Little, with small potential.
Fair

Break even or close to break even.
Good

Profitable with high potential.
Market / Industry
Target Market

what particular group of people is this product aimed at. (Should be included in marketing plan)

Not Done

Unidentified
Poor

Vague.
Fair

Somewhat identified.
Good

Clearly identified.
Penetrability

How easy will it be to enter your field. (should be included in marketing plan)

Not Done

Unpenetratable market or industry.
Poor

Hard to penetrate market or industry (e.g. Airlines)
Fair

Penetratable market but with difficulties
Good

Easy to penetrate. Ripe market.
Market Saturation

Should be included in your marketing pln

Not Done

Over saturated market with huge competition (e.g. social networking)
Poor

Largely saturated market. Room for entry.
Fair

Unsaturated market. Sufficient room for entry.
Good

Lightly serviced market. Lot of room for entry.
Presentation



Keywords:
  • Business, investor, entrepreneurship, VS, Angel Investor, Investment, Business Plan







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