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Undertake Business Planning

Port Melbourne, VIC

Subject: Business Management

BSBSBM404A - Undertake Business Planning

This unit covers the research and development of an integrated business plan for achieving business goals and objectives. It is suitable for setting up or existing micro and small businesses or a department in a larger organisation.

This unit is related to BSBSBM301 Research business opportunities. Consider co-assessment with BSBSBM401 Establish business and legal requirements, BSBSBM402 Undertake financial
planning and BSBSBM403 Promote the business.

Designed for: This course is suitable for all Frontline Managers.see more

BSBSBM404A - Undertake Business Planning

This unit covers the research and development of an integrated business plan for achieving business goals and objectives. It is suitable for setting up or existing micro and small businesses or a department in a larger organisation.

This unit is related to BSBSBM301 Research business opportunities. Consider co-assessment with BSBSBM401 Establish business and legal requirements, BSBSBM402 Undertake financial
planning and BSBSBM403 Promote the business.

Designed for: This course is suitable for all Frontline Managers.

Duration: 1 day

Elements of Competency and Performance Criteria

1. Identify elements of a business plan

- Components of a business plan relevant to a business opportunity
identified and reviewed
- Purpose of the business plan is identified
- Business goals and objectives are identified and documented, as a
basis for measuring business performance

2. Develop a business plan

- The business plan demonstrates research into customer needs,
resources and legal requirements especially occupational health and
safety, in accordance with business goals and objectives
- The financial plan identifies sources and costs of finance to provide
required liquidity and profitability for the business
- Marketing/ promotion strategies identify methods to promote the
market exposure of the business
- Production/operations plan identifies methods/means of
production/operation to conform with business goals and objectives
- Staffing requirements, are identified as required to effectively
produce/deliver products/services
- Specialist services and sources of advice are identified where
required, and costed in accordance with resources available

3. Develop strategies for minimising risks

- Specific interests and objectives of relevant people are identified and their support of the planned business direction is sought and
confirmed
- Risk management strategies are identified and developed according
to business goals and objectives and relevant legal requirements
- Contingency plan is developed to address possible areas of non
conformance to plan

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When

Please contact us for upcoming dates and/or more information about this class Please contact us for upcoming dates and/or more information about this class.

Where

Port Melbourne, VIC

Skill level

Beginner

 

The teachers



In today's business world, organisations need a competitive edge.
Investment in people is increasingly...

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In today's business world, organisations need a competitive edge.
Investment in people is increasingly being seen as the key source of this competitive advantage. When individuals learn, their motivation
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With a passion for learning, and a business focused approach, Learning Verve will assist your business in developing a competitive advantage through your people.

Learning Verve designs, develops and delivers accredited and non-accredited professional development training events.

For dynamic solutions in human resource management and training, contact Learning Verve.

About Us

Learning Verve is a vibrant, committed group of professionals providing training and human resource management services to a diverse range of clients. We work hard to understand the culture of our client’s business, their goals, challenges and competitors – we develop
long-term, sustainable solutions, which mean growth for both the business and the individual.

Our services include training, performance management, career planning, human resources and recruitment. Our expertise benefits small and medium enterprises, in both the private and public sector.

With a passion for learning, and a business focused approach, Learning Verve will assist your business in developing a competitive advantage through your people.

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Offered through

Learning Verve Pty Ltd