BUS12 – BusinessName:Sharon HaighEmail address:[email protected]Assessment Assignment – Business plan and meeting Assignments may include short answer questions or longer answer questions and are designed to test how you apply your knowledge into a real-world situation. All assignments are completed as a Microsoft Word document and are submitted to an assessor through My eCampus. Your assessor is looking for how you apply your knowledge and how you think criticallyabout the topic area. Steps to complete this Assignmenti.Start with ResearchBefore commencing your business plan, it is best to ask yourself – and brainstorm – some serious questions about what your business is going to set out to achieve. Whilst this research component may seem large and overwhelming, you will be doing yourself a very bigfavour. If you complete the preliminary work (research of your product/service/customer), writing the business plan will be much more effective and efficient for you.How are you going to discover all of the information for the following set of research questions? Here are some ideas to help you get started:•Surveys•Interviews•Existing data•Council websites•Industry consultations•Cold calling, mystery calls•Google•Google keyword planner searchesii.Commence writing your business planFollow the following steps for an effective and efficient approach.a.Throughout this document, you will see [text written in brackets like this]. Such text is a guide only and should be deleted once answered or if not needed. Some questions in this business plan may not apply to your business structure. These questions will state that they are optional. All other questions are mandatory. b.Begin your business plan– Go to question 1. Ignite your business plan with a cover. c.Complete‘The Business’– Go to question 3, and complete each of the business components.d.Complete‘The Market’– Go to question 4, and complete each of the market components.e.Complete ‘The Future’– Go to question 5, and complete each of the future components.f.Complete ‘The Finance’– Go to question 6, and complete each of the finance components.1BUS12 BusinessAssignment v2.2 (2019/03/18)
g.Add supporting documents– Go to question 7, and attach any documents you have that will strengthen or enhance your business plan.h.Wrap it all up with ‘The Business Summary’– Go to question 2, and complete each of the business summary components. This will be a brief of everything that you have covered in all the above steps.i.Reviewyour processes and information – Go to question 8. And 9. Set a meeting with someone who is supporting your study journey, and create an agenda. After the meeting, produce the minutes taken, and include for assessment both the agenda and minutes.