1. Care'rully read the TDIIOWIFIQZ This project requires you to develop and implement a business plan. As part of the assessment you, you will: III analyse and research the aspects of your business relevant to the business plan El write a business plan El implement the business plan El monitor, evaluate and respond to performance relating to the business plan. Vocational education and training is all about gaining and developing practical skills that are industry relevant and that can help you to succeed in your chosen career. For this reason, we are giving you the choice to base this project on your own business, one you work in or are familiar with, or you can use the case study provided. This will mean that you are applying your knowledge and skills in a relevant, practical and meaningful way to your own situation! If you are using the case study business, all relevant information for you to complete this assessment can be found in the Simulation Pack. If you are basing this assessment on your own choice of business or work area, make sure you have access to all required information (read through the requirements in the green boxes below for further information). Speak to your assessorto get approval if you want to base this on your own business. You will be collecting evidence for this unit in a Project Portfoiio. The steps you need to take are outlined below. Before you begin, complete page 4 of your Project Pontotio. Start working on Section 1 of your Project Portfoiio. Steps 2 and 3 form part of Section 1. If you are basing this assessment on your own business, you need access to at least one pre-existing Strategic Plan, business plan or Operational Plan. The plan should provide information about the business vision, mission, values, objectives, goals, financial targets, management arrangements and marketing approaches