you are to consider a new cafe business you can develop. Consider areas of your expertise, where you can provide benefit into a business environment. You will need to refer to this "potential business" in other units.

This requires you to:

1. Research: Identify the purpose of your business plan Identify and review the essential components of your business plan Identify and document your business goals and objectives as a basis for measuring your business performance

2. Develop the plan, ensuring you: Research resources, legal and compliance requirements, specifically in relation to occupational health and safety (WHS), in accordance with business goals and objectives Research market needs, and market size and potential Identify sources and costs of finance, from the financial plan, to provide required liquidity and profitability for the business Identify methods, from the marketing strategies, to promote the market exposure of the business Identify methods/means of production/operation from the production/operations plan to conform with business goals and objectives Identify staffing requirements to effectively produce/deliver products/services Identify specialist services and sources of advice, where required, and cost in accordance with resources available

3. Develop strategies for minimising risks, ensuring you: Identify specific interests and objectives of relevant people and seek and confirm their support of the planned business direction Identify and develop risk management strategies according to business goals and objectives, and relevant legal requirements Develop contingency plan to address possible areas of non-conformance with the plan