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You have been operating your business for 6 months. Things are going well overall and you have been very busy with projected growth in sales

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You have been operating your business for 6 months. Things are going well overall and you have been very busy with projected growth in sales and customers. However. things are not quite as planned: 1. You aimed to pay off your resources and equipment within the rst 12 months and to start to make a prot. However. in looking at the accounts. you nd this will be unlikely as: I electricity and other running costs are more expensive than you planned I you need more staff than you planned for and this has added to your running costs I there are some expenses you didn't anticipate. 2. You did your market research but customers don't seem to be buying the products you identified would be the most popular. You realise you need to do an analysis and reexamine the products and services offered to determine whether it is due to the quality of the product. your marketing. or whether you need to change the type of products and services offered. 3. In your plan you identified you will need to hire a poo'r of 'casuals' who can help to staff the business. However. you are finding that whilst you are able to hire enough staff. they are not meeting your needs as they often cannot work when you need them. and often leave without giving you time to recnrit new ones. You have been advertising in an online agency to get casual staff I You are spending a lot of time intenriewing and hiring and letting go staff I You cannot get the casual staff to cover all the shifts you require. You need a new approach to addressing this situation. 4. You have 2 permanent staff who are good at their iobs and have the technical skills required. however they both seem to be unaware of the regulatory and legal requirements of the business. You are concerned they may inadvertently breach a law or regulation. You realise you need to incorporate some staff training into your business plan. 5. Your plan included a goal to be environmentally responsible. However. you are finding that your business is using more resources than planned and producing quite lot of waste. You realise you need to include some specic objectives and actions to address this. 1. Meet with your partners to discuss and analyse your business performance. based on the issues raised above. Include evaluation of performance against the key result areas including. as relevant to your business: I profit and loss and triple bottom line I co mm unity awareness or branding I environmental impact I governance I product quatity and sales I the vmddorce 1|llll'rite a progress report against each of the above and any changes required. Write up tabfes and reports with your business partners for each area you are reporting on. For the purpose of this project. you can share this task and can make up any additional details in consultation with your partners

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