Question 1.

a) Describe the research process to develop a business plan.

b) Give some examples of legal, organisational and sustainability issues,and their potential business impacts you might need to analyse.

c) What internal and external factorsmight you need to analyse for potential impact on a business plan?

d) Identify the key stakeholders that should be identified for a business plan.

Question 2

Describe the processes for developing and monitoring a business plan for a small business. Describe how you might establish systems to ensure the legal rights and responsibilitiesof the business are identified and the business is adequately protected, specifically in relation to work health and safety(WHS), business registration and environmental requirements. Explain how to communicate a business plan for a small business that clearly addresses priorities, responsibilities, timelines and budgets. Describe how you might evaluate the customer base and target market for a small business as a basis for the marketing objectives and strategies.

Question 3

Describe the development ofperformance objectives and measures and use ofkey performance indicatorsto measure success of a business plan.

Question 4

Describe how you might analyse and interpret budget and actual financial information in orderto monitor and review profit and productivity performance for a business plan.

Question 5

Describe how to finish business plan production within designated timelines according to organisational requirements.