The TaskYour business plan will be completed in TWOstages. Both stages are compulsory.Stage 1Situation AnalysisDue Date:Wednesday 21 June 2017 Week 9ALength: 800 wordsMarks: 10Use the following headings to complete Stage 1. Business name (including a logo)Prime Function
Stage 2Operations Plan, Marketing Plan, Financial Plan, Human Resources Plan,Executive Summary, Bibliography and AppendixDue Date:Wednesday 16 August 2017 Week 5ALength: 2000 words (maximum)Marks:35Format: Report StyleThis is the remainder of your business plan. You will need to complete plans for each of the four main business functions. Make sure that each of these plans fits in with the overall goals and objectives of the business plan.In this section of your business plan you must address the following sections:Executive summaryThis section is an overview of the whole plan; it outlines what the business is about, the product and business goals.Operations planoAn overview of the way the business will function, production process, facility, materials, government regulations and employee requirements.To complete the Operations plan, you need to research your local, state and federal government legislations that would directly influence ’how’ you would operate your business. For example, Workplace Health and Safety regulations, or in the case of Local government, building codes. These willgive you guidelines to plan how you will produce your product.Marketing planoDefinition of the target market and the proposed marketing strategies that will be used to promote and sell your product.The marketing plan includes the strategies that you will introduce to price, promote and place your product. A Marketing plan is specifically designed to encourage customers to purchase your product.