Gold coast operation location robina size 12000

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Gold Coast operationLocation: Robina.Size: 12,000 square metres (50% warehouse, 50% display area). Warehouse area used at 50% of capacity, but poorly configured to accommodate heavy increase in distribution traffic.Large mezzanine open-plan office space with separate access (was previously rented out to a telemarketing company).Lots of spare office space.Loading bay with large capacity.Operating capital requirements BBQfun requires approximately five million dollars in working capital 12to sustain/keep going and ensure the business meets all opening and ongoing financial obligations/commitments, bills etc. The company may experience financial pressures during slow sales periods, (i.e will have cash problems when business is slow)A long-term strategy to maintain a positive cash flow (enough money/cash) during these periods will be to diversify/extra business the company’s product range and develop business opportunities such as e-commerce to boost sales and sales capability overall. Operational expensesWages, salaries and on-costs$2,567,89012Working Capital -Working capital is money available to a company for day-to-day operations© 2015 Innovation and Business Industry Skills Council Ltd / Modified May 20151stedition version: 2Page 19 of 19
Assessment Task 1BSBMGT517 Manage operational planConsultancy fees$50,000Communication expenses$42,000Marketing $920,000Premises expenses$1,000,000Insurance$120,000Depreciation and amortisation$177,569Office supplies$65,068Training$62,187Total Expenses$5,004,714Insurance requirements BBQfun will have to incur costs forbusiness liability insurance13.The estimated cost for this requirement is $100,000 per year.Operational workflow 1.Conduct market research to determine needs.2.Negotiate/deals with suppliers.3.Receive and warehouse products.4.Provide service and information to warehouse customers.5.Receive payment.6.Arrange delivery of items (if required).13Business liability insurance- Insurance that protects a company and/orbusiness owner in the event of a formal lawsuit or other third-party claim. Coverage includes any financial liability incurred in addition to expenses related tothe company's legal defence© 2015 Innovation and Business Industry Skills Council Ltd / Modified May 20151stedition version: 2Page 20 of 19
Assessment Task 1BSBMGT517 Manage operational planBBQfun accepts cash, EFTPOS and major credit cards. Credit terms are available for trades.Operational plan (with strategic objectives, measures and tasks) FY 2013–2014BBQfun Operational Plan (with strategic objectives, measures and tasks) FY 2013–2014Objectives:Performance measuresTasks:1Engaging with customers through marketing, research and personalised service.Completion of market/marketing research.Completion of customer surveys.Completion of reports to identify marketing opportunities.Conduct quarterly surveys on customer satisfaction.

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