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1. Write a business plan spedfic to your organisation. Consider the following points: Goals Objectives Mission statement Vision statement Marketing/financial plan Business summary. Within the

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1. Write a business plan spedfic to your organisation. Consider the following points: Goals Objectives Mission statement Vision statement Marketing/financial plan Business summary. Within the business plan you should: Consider your style of writing for your intended audience Ensure that your business plan covers all relevant information and ideas for stakeholders. You may use the example of the typical components in a business plan provided in the Learner Guide. . Review this plan with your class peers and then participate in a discussion about the plan Requesting feedback. (minimum of 2 review feedback documents required). During this you must: >Seek advice using language and features appropriate to your audience Use listening and questioning to elicit the views of others Use listening and questioning to clarify or confirm your understanding. 3. Looking at your business plan, gather information regarding the incoming and outcoming expenditure of the business. Use this information to review pricing structures and suggest two strategies that could be implemented which aim to improve the income of the business. You might consider the following aspects of the business: Research competitors > Position in the market. 4. Identify three examples of legislative requirements that you would consider when writing and implementing a new business plan. 5. This will be a role-playing/demonstrative task. You will present the business plan you designed in a simulated stakeholder business pitch. Others within the group will take the role of your colleagues and internal and external stakeholders. They will communicate with you any ideas they have for your business plan, as well as any issues. You should demonstrate your ability to: Collaborate effectively with others to achieve joint outcomes Provide support to colleagues Play an active role throughout the discussion, showing control and leadership of your business plan

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