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BBS302 Business Planning

tag 0 Download 5 Pages / 1,164 Words tag 19-07-2021

Question:

Part 1: Business opportunity analysis:
• Analysis explains the key elements of a good business opportunity and uses this framework to assess and compare the quality of the business plans. The analysis clearly states the strengths and weaknesses of each plan compared to the framework and other plans.
• Report provides at least two (2) specific and actionable improvement suggestions for each plan.
• The improvement suggestions clearly address the weaknesses identified in the analysis of strengths and weaknesses.
• Analysis framework includes at least one element that is from an external source other than the Rogoff (2017) text 
• For each plan, one (1) improvement suggestion explicitly refers to external sources (e.g. industry data, academic literature etc.)

Part 2: Overall analysis 
• Analysis clearly articulates the comparative strengths and weaknesses of the plan and recommends improvements consistent with detailed analysis of each section.
• In relation to the recommendations, the analysis: 1/ Prioritises the recommendations for the plan (i.e. advises in the order they should be completed); and 2/ Provides an indication of the costs versus benefits of implementing each recommendation.
• Overall analysis identifies one partnership opportunity for the plan. This might be:
- A relevant start-up incubator;
- A manufacturing partner;
- A marketing collaborator; etc. (For example, the Harbour Bridge Climb might partner with a restaurant near the foot of the climb to cross-promote the businesses). The analysis should name the specific partner organisation(s) and explain how the partnership would be beneficial for both organisations. 
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