Last updated on October 5th, 2023 at 01:58 pm
You are required to develop a Business Plan in a professional format for Starbuck which would be distributed to the CEO and key stakeholders.
Your business plan must include:
- An appropriate cover page.
- A table of contents
- A business plan summary (executive summary)
- Description of the business including an organisational chart.
- Details of experience
- Key personnel
- The products and services
- Marketing activity/strategies
- Insurance requirements
- Risk management, Contingency and mitigation strategies.
- Legal considerations
- Operation systems and processes.
- A sustainability plans.
- A market analysis
- A SWOT Analysis
- Competitors analysis
- Advertising strategies
- Goals, objectives, vision and mission of the plan
- Financial indicators (e.g. profit and loss projection, cash flow, CBA)
- Supporting documents
Final Assessment Part C – Responding to Performance Data
- You are required to describe the steps that you would take to communicate your business plan to all relevant parties to ensure understanding of performance requirements and timeframes.
- Describe how you will analyse performance outcomes against your planned objectives.
- Describe possible reasons when performance is defined as a ‘Highlight’
- Describe possible reasons when performance is defined as an ‘exception’.
- What correction actions would you recommend considering the above performances?
- Describe how you would identify and manage underperformance to ensure that groups and individuals are performing effectively. Your responses to include the following:
- Other improvement strategies.
- Describe the organisation’s method to evaluate the effectiveness of continuous improvement systems and processes.
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