Produce a business plan using the Business Plan Template in your CANVAS module resource: https://www.business.gov.au/Planning/Business-plans/How-to-develop-your-business-plan Your plan
Question:
Produce a business plan using the Business Plan Template in your CANVAS module resource:
https://www.business.gov.au/Planning/Business-plans/How-to-develop-your-business-plan Your plan should be developed to the point where an accountant needs only check the figures with you, add a little more analysis (eg projected ratios) then have it prepared for presentation to third
parties.
The business plan can take any form you wish and can relate to an intended or imaginary business,
but must include as a minimum:
o an executive summary
o a situation analysis
o customer needs analysis—market research results and analysis
o the vision and mission statement for the business (the driving force which makes the
plan a living document)
o your aims and objectives, both business and personal
o marketing, operational, and financial plans and strategies
o indications of financial support or intended sources of finance.
o staffing requirements
o details about how you will meet legislative requirements.
o sales and growth forecasts
o specialist services that are likely to be required
o stakeholder identification and engagement strategies
o risk matrixes and risk management strategies
o how you plan to measure success—the performance criteria that will be used for
measurement
You will need to provide data/ tables. Graphs and statistical analysis show that the business will be viable and successful.
Small Business Management Entrepreneurship and Beyond
ISBN: 978-0538453141
5th edition
Authors: Timothy s. Hatten