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BUSINESS PLAN

BUSINESS PLAN . Process of Business Plan Revise the Elements Government Resources View Template for business plan. Business planning . INTRODUCTION VIDEO 1:13 http://www.youtube.com/watch?v=mPw5ytEYa3s&feature=related Business planning involves you & Team, Customers suppliers,

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BUSINESS PLAN

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  1. BUSINESS PLAN Process of Business Plan Revise the Elements Government Resources View Template for business plan

  2. Business planning • INTRODUCTION VIDEO 1:13 • http://www.youtube.com/watch?v=mPw5ytEYa3s&feature=related • Business planning involves you & • Team, • Customers • suppliers, • Competitors • Need to consider: operations, marketing, hiring, finance.

  3. Common Elements of Business Plan • Executive Summary • Goals • Strategies • Business • Management & Ownership • Operational Plans • Marketing Plans • Financial Plans • Human Resources Plans

  4. Don’t Despair There are a wide range of resources such as books, magazines and websites and links you can access to assist in planning for a business

  5. Australian Small Business Industry AUSTRALIAN BUSINESS VIDEO 2:18 (www.business.gov.au) http://www.youtube.com/watch?v=R0WuL9Ajn7k

  6. Link to NSW Business Studies Syllabus • P1 discusses the nature of business, its role in society and types of business structure • P3 describes the factors contributing to the success or failure of small to medium enterprises • P4 assesses the processes and interdependence of key business functions • P6 plans and conducts investigations into contemporary business issues • P8 evaluates information for actual and hypothetical business situations • P9 communicates business information and issues in appropriate formats

  7. GOVERNMENT RESOURCES • Government departments such as the NSW Department of State and Regional Development of the federal government’s business.gov.au – provide free and comprehensive advice on a range of small business matters – including how to write a business plan. • INFORMATION ON USING THE SMALL BUSINESS TOOLKIT NSW 2:08 • http://toolkit.smallbiz.nsw.gov.au/

  8. Example of Business Plan Template BUSINESS PLANNING TEMPLATE: • http://www.business.gov.au/information/pages/businessgovauplanningtemplates.aspx

  9. Group Activity Examine Figure 12.5 page 397 in your text books and then create a plan for one of the following: • Organising a camping trip • Organising a fundraising activity egMovember • Organising a surprise birthday party for a friend For each plan briefly outline what is required for each activity

  10. conclusion Remember : • It is important to consider a range of planning activities, whether your goal is a party or business success. • A business plan is a process of setting targets and deciding how to achieve them and then evaluate if you • Proper Planning Prevents Problems.

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