Business planning is an important element of business education. The CPA Australia Plan Your Own Enterprise Competition provides students with an in-depth appreciation of the business world and aspects of business operations.
How can students enter? In up to 3,000 words (plus up to five single sided A4 pages of appendices) students should present a creative idea for a small business as a business plan. Plans exceeding this word limit will be excluded from the competition. (Referencing, contents page and cover page are not included in the 3,000 word limit.)
What skills does the competition promote?
• Organisational and planning
• Innovation
• Decision making
• Research and communication
• Prioritising and collaborating
• Reflection and action Divisions within the competition
The competition is open to all full-time secondary school students enrolled in a registered secondary school in Australia at the time of submission of their entry.
The competition has two divisions:
Division one Open to individual student entries, submitted by students of any age, attending a registered secondary school.
Division two Group entries (maximum of six students) submitted by students of any age, attending a registered secondary school.
Awards may be provided at a state/territory level. Contact your state/territory coordinator for more information (refer to contact details in this brochure).
Each business plan must be accompanied by the competition entry form which can be found in the competition brochure.
Each entry will be marked and finalists in both divisions will be invited to the NSW Awards Ceremony which will be held on 5 October 2016. At this awards ceremony, the winner in each division will be announced. The NSW Division One winner will receive an iPad mini 4 64GB Wi-Fi (valued at $699). Certificates and other prizes will also be awarded.
The NSW Division One winner will then be flown to Melbourne for the National Awards Ceremony on 13 October 2016. They will join the division one finalists from the other states and territories of Australia, where the national winner will be announced.
Each student who submits an entry will receive a Certificate of Participation for their job portfolio.