BSBMGT617 Develop and implement a business plan Assignment

Reference no: EM132410677

BSBMGT617 - Develop and implement a business plan - Central Australian College

1. Develop business plan
Review and evaluate pre-existing strategic, business and operational plan, if available
Analyse and interpret business vision, mission, values and objectives
Consult with key stakeholders
Review market requirements for the product or service, profile customer needs and research pricing options
Develop performance objectives and measures through consultation with key stakeholders
Identify financial, human and physical resource requirements for the business
Consider any permits or licences that may be required for new activity
Write business plan

2. Monitor performance Communicate business plan to all relevant parties and ensure understanding of performance requirements and timeframes
Ensure skilled labour is available to implement plan
Test performance measurement systems and refine, if necessary
Ensure timely reports on all key aspects of the business are available, user-friendly and balanced in terms of financial and non-financial performance
Report system failures, product failures and variances to the business plan as they occur

3. Respond to performance data Analyse performance reports against planned objectives
Review performance indicators and refine if necessary
Ensure groups and individuals contributing to under- performance are coached, and provide training where appropriate
Review system processes and work methods regularly as part of continuous improvement

TABLE OF CONTENTS

1. The Marketing Plan

Environmental analysis

Product(s)/service(s)

Customer demographics

Competition and competitive advantage

Price strategy

Advertising and promotional strategy

S.W.O.T. analysis

Market research

Market targets

2. The Operations Plan

Business structure

Scope of operation

Regulatory issues

Insurance

Business premises

Location

Production arrangements

Distribution (place) arrangements

Credit terms

Plant and equipment

Quality control

Memberships and affiliations

Communications

Trading hours

Commencement date

3. The Organisation Plan

Organisation structure

Skills required

Personnel

Resumes

4. The Financial Plan

Financial strategy

Establishment costs and source of funds

Balance Sheet projections

Profit and Loss projections

Expected Cash Flow projections

Break Even Cash Flow projections

Appendices

Attachment:- Develop and implement a business plan.rar

Reference no: EM132410677

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