please help me make a business operational plan sample, as they have given me a tamplate but not all are understood. any business sample will do to help me discuss it in my class

BSBOPS502 Manage business operational plans

Business Operational Plan Document Information Information Document ID Document Owner Issue Date Last Saved Date File Name Document History Version Issue Date 1.0Table of Contents 1. Business Introduction and Operation ............................................................................................. 3 2. Executive Summary ....................................................................................................................... 3 3. Business Strategies ......................................................................................................................... 4 4. Consultation Strategy ..................................................................................................................... 5 5. Production Routings ....................................................................................................................... 6 6. Capacity Planning .......................................................................................................................... 7 7. Material Flaming ........................................................................................................................... 7 8. Equipment and Machinery ............................................................................................................. 8 9. Human Resource ............................................................................................................................ 8 10. Legislative and Regulation Framework ..................................................................................... 9 11. INTELLECTUAL PROPERTY RIGHTS AND RESPONSIBILITIES .................................. 10 12. Budget Plan .............................................................................................................................. 10 13 . Action plan ............................................................................................................................... 1 1 14. PROGRESS MONITOR AND REVIEW ................................................................................ 11 15. CONTINGENCY PLAN ......................................................................................................... 1 1 16. APPROVALS NEEDED ......................................................................................................... 12 17. References ................................................................................................................................ 1 3 This assessment task requires development of an operations plan for a business you have access to or for a simulated business. How to Prepare a Business Operational Plan The operational plan is an essential component to your business plan and it tells the reviewer how you're going to get your product/service out to market. That is, how are you going to get your product out of the production stage to the doorstep of you target customer. The operational plan will outline some very important answers to such fundamental questions such as: Who is doing what? - What are the clay to day activities? How will the suppliers and vendors be used? Who are the suppliers? - What are the labour requirements? - What are the sources of raw materials? Why is this section so important? First off, it will outline to the reader how you are going to carry out the delivery of your product or service. What's the use of having a product or service if you don't have a way to get it from the development stage to the consumers home? A business plan reviewer gives this section a lot of weight because she wants to know what you and your employees are doing to get your product/service out to market. How you keep track of inventory or what type of equipment you need may seem obvious to you, but remember, the reader doesn't know this. These activities may seem like the kind of details that take care of themselves but these are fundamental and critical for your business success. Why? This is where you translate theory into the real world. It is important that you understand why this section is important. It's because you are now dealing with practice and not theory. You see, there's a far greater chance that a business will fail because fundamentals aren't handled properly than because the basic business concept is faulty. The fundamentals being the core of your business such as the operations. If your assuming that the operations are going to take care of themselves, you'd better think again. Business plan reviewers know the importance of a well thought out operational plan and place considerable weight on this section since it can mean the success or failure of a business. As an internal planning document, the plan should be a detailed, in-depth operational plan. This will give the entrepreneur an opportunity to work out many potential problems on paper prior to commencing operations. However, if you are using your plan to potentially leverage additional funds, remember not to get too complicated. Understand that the reader wants to know that you have worked out your operations and how your product or service fits into the "big picture". Don't leave your reader sitting there scratching their heads trying to figure out every detail. Keep it simple and remember, you want to convey to your reviewer that you have everything under control. If you are planning to present your plan to a third party reviewer, ask yourself these two questions