BSBMGT617 Report On Develop and implement a business plan

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Task 2 – Review and implement updated Business Plan

Since the inception of the business, the business is currently breaking even. You are required to:

  • Identify any weaknesses in the business plan - provide an analysis of the strengths and weaknesses of a business plan.
  • Outline how you will monitor and respond to business performance including evaluation of performance against key results indicators including profit and loss, community awareness or branding, environmental impact, governance, quality, sales, triple bottom line and the workforce
  • Consult, communicate with and report to key stakeholders including business partners, financiers, customers, staff and technical advisers – Draft correspondence to each.
  • Outline an approach to managing underperformance.

Provide your response as a full report and attach a copy of the reviewed and re-worked business plan.

After you have completed this activity you will have to hand it in with signed cover sheet at front to confirm it is your own assignment/ work.

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