Assessment Guide

in this assignment is one subject of Cookery course, so as they are required me to develop a business plan. so i want you to help me to develop a restaurant business plan. and please follow the topic and the criteria that is show at the end of page

Learners

Assessment Guide

Assessment 1

BSBMGT617 Develop and implement a business plan RTO No: 21595 | CRICOS Code: 02634E

BSBMGT617 Develop and implement a business plan Assessment 1 Page 1 of 7

©Copyright Academia International 2019 Version 3 Approved by: B. Wade

Assignment Coversheet

Name:

Student ID:

Email Address:

Class:

Unit name:

Unit Code:

Assignment name:

Student Declaration

I declare that –

a. The evidence I have submitted for assessment is my own work, and

b. The evidence I have submitted for assessment has not been shared with other

students, and I have taken all reasonable precautions to ensure that my work cannot

be accessed by other students that may seek to submit my work as their own, and

c. All of the sources of information used to prepare my work have been, or may be

accurately cited, and

d. I retain a copy of all my original for my own records, or for resubmission if required by

Academia Australia, and

e. I have read and understood Academia Australia’s policy regarding plagiarism, and I

accept the right of Academia Australia to investigate suspected plagiarism, and to act

in accordance with the policy and procedure I have read.

Student Signature: __________________________________________

Date of Submission: ___ / /20

BSBMGT617 Develop and implement a business plan RTO No: 21595 | CRICOS Code: 02634E

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©Copyright Academia International 2019 Version 3 Approved by: B. Wade

Assessment Information

• You must achieve a satisfactory outcome for each of the required criteria of this assessment

to be deemed satisfactory for this assessment. You must achieve a satisfactory result for the

assessments for this unit of competency to achieve a competent result for the unit. If one or

more of the assessment results are not satisfactory, you will be Not Yet Competent for this

unit.

• You may follow the Assessment Appeals process in the Student Handbook

(www.academia21.com) if you are not satisfied with:

o the assessment result; or

o the way an assessment was carried out by your trainer; or

o the conditions or structure of the assessment

The student handbook has the steps for reassessment if you receive a Not Yet

Competent mark and do not want to appeal.

Reasonable adjustment for assessment

Where students have highlighted Language, Literacy and Numeracy issues reasonable adjustment to

the assessment can be made. Should you receive a ‘Not Yet Competent’ or ‘Resubmit’ result for the

assessment you will be given the opportunity to re-submit your assessment work with any

amendments requested by your trainer.

The adjustment may include actions such as:

• Student demonstrating knowledge through verbal discussion to identify correct answers

• Student demonstrating knowledge through applied skills

• Allowing additional time relating to disability

• Through consultation amending assessment timeframes

• Assistance in the form of the training location to allow easier access

• Accessing relevant equipment or aids to assist the student

• Adjustments to the assessment methods to cater for any special needs (without effecting the

integrity of the outcome)

If a student requests or is identified as requiring reasonable adjustment to the training and

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assessment process a detailed training and assessment plan including timetables, notes regarding

the required adjustments, and any communications regarding the adjustments must be

maintained in the students file.

The RTO Manager must review and authorise any request for ‘reasonable adjustment’ to ensure that

any adjustments and resulting outcomes are not affecting the integrity of the training and assessment

process.

Location of and completion timeframes for assessment

The location of the assessment will depend upon the nature of the assessment. Assessments such

as; role plays, in class activities, presentations and written tests / knowledge questions will be

conducting in the classroom. The timeframes and due dates for these assessments, as well as any

reports, projects or research assignments, are documented in the stage outlines. Stage outlines are

handed out at the beginning of each term.

BSBMGT617 Develop and implement a business plan RTO No: 21595 | CRICOS Code: 02634E

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©Copyright Academia International 2019 Version 3 Approved by: B. Wade

Project – Business Plan

This project consists of evaluating (if applicable) and plan and develop a business plan for your

workplace or as determined by your trainer.

This assessment is one form of assessment type that is used to collect evidence and will count

towards gaining competence toward this unit.

To demonstrate competence each question must be answered by the student.

You will be required to complete other relevant assessment tasks for this unit.

This project – requires you to plan for and develop a complete business plan.

Essentials Requirements as outlined in the “Context of and specific resources for assessment in

the TP for this unit”:

Assessment must ensure:

• Access to appropriate documentation and resources normally used in the workplace.

You are required to use an existing business plan in your workplace or at a minimum have the

recent trading figures and financial details to review the business’ operation.

Alternatively your trainer or teacher may provide you with a realistic business plan to be applied

to an operation with which you are familiar.

Additional Resources provided for the purpose of this assessment:

1. A business plan template (Word File: Business Plan Template xx) and a Business Plan Guide

(Word file: Business Plan Guide xx) which provides detailed instructions for the completion

of each section of the business plan template sourced from www.business.gov.au

2. A template for a balance sheet forecast which may be used if desired (Excel sheet: Business

Plan Financials).

3. A sample business plan (Word File: Cafe-Paradiso-sample-business-plan) sourced from

https://www.business.qld.gov.au/business/support-tools-grants/tools/business-planning-kit

4. An online template with instructions to prepare a step-by-step business plan can be used by

registering for free with http://toolkit.smallbiz.nsw.gov.au/planning

You are required to review the existing business plan where available and plan and develop a new

business plan for the organisation, addressing all criteria outlined below:

Where the organisation has an existing business plan, review and evaluate the following

documentation if there is no existing business plan these need to be developed using for example

the provided resources listed above. Create a draft and consult with your selected stakeholders to

clarify or verify each aspect.

Attach a briefing document which outlines with whom you have consulted and details of what was

discussed.

You need to reference each source you access to research information like statistics, products,

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legislation etc. and attach this as a bibliography to completed work.

BSBMGT617 Develop and implement a business plan RTO No: 21595 | CRICOS Code: 02634E

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©Copyright Academia International 2019 Version 3 Approved by: B. Wade

As a guideline the following key points need to be addressed (based on the Business plan template

xx) – your format may however vary: Refer to the marking criteria for more details to include in

your business plan.

1. Executive Summary

Business overview

Product and services features including pricing

Target Market

Budget

Vision statement

Mission statement

Future goals and objectives

2. The Business

Business details

• Business Opportunity

• Vision and Mission

• Goals and Objectives for your business

• Location, Address, contact details, Logo, website and operating hours

• Nature of the Business Including Your Product and Services (if it’s a food business your

menu is the product)

Registration details & Licences and permits required

Business structure and the management & ownership

Organisation chart – Staffing required for the business

Legal considerations for the business

Insurances required for the business

Risk assessment and assumptions

Operations and distribution channels.

Identify supplier for your business creating a table stating the products they supply your business

and their contact details

Sustainability plan

3. The Market

Market research

Target market for your business (Identify at least 3 target markets and Describe them in terms

of Demographic – Age, Location, Gender, Income level, Education level, Marital or family status,

Occupation, Ethnic background and Psychographic – Personality, Attitudes, Values,

Interests/hobbies, Lifestyles, Behaviour)

SWOT analysis of your business

Competitor analysis (3 Competitors)

Pricing strategy for your product and services

Marketing strategy including advertising and sales for your product and services

4. The Financial Plan

Start-up costs

Balance sheet forecast

Profit and lost statement/income statement

Cash flow statement

Break-even analysis

Brief action Plan with timelines and a GANTT chart.

5. References used in the development of the business plan

BSBMGT617 Develop and implement a business plan RTO No: 21595 | CRICOS Code: 02634E

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©Copyright Academia International 2019 Version 3 Approved by: B. Wade

Marking Criteria

Project – Business Plan

Not Attempted

Not Satisfactory

Satisfactory

Excellent

0 1 2 3 Comments

BSBMGT617 Develop and implement a business plan

Provides an overview of the Business

• Business name

• Business Premises

• Business structure

• ABN

• ACN

• GST Registration

• Business location

• Date established

• Owners

• Relevant owner experience

Provides and Organisation chart which lists all relevant key staff

Provides a Management & ownership overview detailing who runs the

business, shares/ involvement of partners, experience

Provides an overview of the experience of business owners and major

achievements

Provides an overview of Key personnel, including expected tstaff

turnover, skills and strenghths

Provides an overview of required staff for the operation to achieve set

objectives

Provides a statement fro recruitment options, training of staff and skills

retention

Provides an overview and description of products and services provided

by the organisation including Pricing

Provides an overview of market position of the organisation including:

• How will products and services succeed in the market

• Anticipated demand

• Pricing strategy

• Value to customer

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• Growth Potential

Provides a statement for research and innovation provisons and

alloctaed budget

Provides a strategy to protect intellectual property

Provides a detailed overview of all insurance taken out to protect the

business including details of cover

BSBMGT617 Develop and implement a business plan RTO No: 21595 | CRICOS Code: 02634E

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©Copyright Academia International 2019 Version 3 Approved by: B. Wade

Provides a completed risk management plan – this should be informed

by the SWOT analyses and competitor analyses undertaken

Provides a detailed overview of legal considerations essntial for the

operation of the business including lisensing

Provides a description of the process involved ind producing the

organisation’s products and services

Provides an overview of suppliers, their services and relationship

Provides an list of equipment including purchase price, date and

approximate running costs

Provides an overview of technology requirements of the organisation,

their purpose and fuctions and how these will be acquired.

Provides a statement for each of the following organisational policies

and procedures:

• Payment types accepted

• Warranties and refunds

• Quality control and processes in place

Provides a sustainability plan that describes the business’s

environmental resource impacts

The sustainability plan includes a community impact and engagement

provision

The sustainability plan lists any risks or constraints to the business

The sustainability plan includes strategies to minimise impacts and risks

including actions.

Provides details and evidence for market research

Provides an outline for planned sales targets for specified periods

Provides an environmental/industry analysis including size, trends, the

organisation’s position within

Provides a customer analysis including demographics, key customer

markets

Provides a statement for effective customer management

Provides a complete SWOT analysis of the business

Provides strategies to address identified weaknesses and threats – This

maybe combined with the risk management criteria above.

Provides a realistic competitor analysis

Provides details for planned advertising and promotions

Provides an overview of marketing team, sales techniques, tools and set

goals

Provides a list of planned sales and distribution channels

Provides a vision statement including planned goals, how these will be

achieved and which measures will be used

Provides a clear action plan which details milestones, dates and persons

responsible

Provides an overview of key financial objectives (profit targets/cost

reduction) and finance requirements

Provides an overview of assumptions – what are they based on? Are

factors realistic

BSBMGT617 Develop and implement a business plan RTO No: 21595 | CRICOS Code: 02634E

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©Copyright Academia International 2019 Version 3 Approved by: B. Wade

Provides financial forecast based on data provided to student

Balance Sheet Forecast

Profit and Loss Forecast

Expected Cash flow

Break-Even analysis

Provides a bibliography for all sources referenced

Provides briefing details for consultation that occurred

Total Marks out of

Student is satisfactory for this assessment task: Yes Not Yet

________________________________ ___ / ___ / _____

 Trainer’s Signature Date

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