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BSB61015 Advanced Diploma Of Leadership And Management

tag 0 Download 4 Pages / 982 Words tag 29-06-2021
  • Course Code: BSB61015
  • University: Tafe NSW
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  • Country: Australia

Question:

You have recently purchased the Cafe Paradiso, and the previous owners have provided you with their business plan which was formulated 2 years ago (attached). Read through the business plan and answer the following questions:

  1. Briefly review and analyse the following:
  2. Business vision
  3. Business mission
  4. Values and objectives
  5. Who are the key stakeholders in the business?
  6. As the owner of the business explain how you would communicate with the stakeholders?
  7. Do you believe there is a market for the business in the area? Why?
  8. What are the needs of your customers?
  9. How would you research and decide upon your pricing structure for the products you are selling?
  10. List three (3) key performance indicators of the business.
  11. Explain the following requirements of the business:
  12. Financial
  13. Human resources
  14. Physical resources
  15. What licences or permits would be required by the business?

The café market is a competitive market with franchised operators starting to emerge in the coffee shop segment (also offering light meals), which will over time increase concentration in this segment. While the level of competition is increasing, the shopping centre in which Café Paradiso will be located has capped the number of cafés and coffee shops within the complex (by covenant in the Lease Agreement). To this extent, there will be limited competition and it is anticipated that all cafés and coffee shops within the complex will be quite profitable.

Key points about the café and restaurant industry:

Greater concentration in higher than average household income areas

Sensitive to changes in real household disposable incomes

Trend towards singles, families and business people meeting and eating out

Growth with households increasing purchasing frequency and the amount spent in each transaction in this area

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[Accessed 10 December 2022].

My Assignment Help. 'Advanced Diploma Of Leadership And Management' (My Assignment Help, 2021) <https://myassignmenthelp.com/free-samples/bsb61015-advanced-diploma-of-leadership-and-management/develop-and-implement-a-business-plan.html> accessed 10 December 2022.

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