BSBOPS601

· This summative assessment can be completed in class or at any other convenient location.

· Students are required to complete this task using digital tools and ensure to submit in an acceptable format, e.g. .docx, .pdf, .pptx, or as advised by your assessor.

· Please use the following formatting guidelines to complete this assessment task:

· Font Size : 12; Line Spacing: Double; Font Style: Times New Roman

· Assessment activities can be completed either in real workplace environment or in a simulated environment such as your classroom. In both cases, appropriate evidence of the assessment activities must be provided.

Instruction to Assessors:

· You must assess student’s assessment according to the provided Marking Criteria.

· You must complete and record any evidence related to assessment activities including role-plays and presentations using appropriate forms which must be attached with student assessment submission.

· You must provide students with detailed feedback within 10 working days from submission.

This assessment task requires the development of a formal business plan around a business idea that you would implement.

You must analyses and research the business vision, mission, values, objectives, goals, competitors, financial targets, management arrangements, marketing approaches and strategic, business and operational plans for the business idea.

Following your analysis and research, write a business plan which includes a description of the business, products and services, financial, physical and human resource requirements, permit and license requirements, marketing activity, financial indicators, productivity and performance targets for key result areas.

You should complete all the required forms and applications (such as TFN, ABN, ACN, APRA AMCOS) and append them to your submitted plan, however these to not need to be lodged, such that the business plan including ensuring skilled labour is available, and that training is provided where appropriate, can be implemented.

Approved by: Nerida McDowallApproved Date: 06 Aug 2021Created by: Task 1Doc #: DOC11702Next Review: 06 Aug 2022Revision: 1.0Revision Date: 06 Aug 2021

Head O ffi ce - William S treet C a m pu s Le v e l 8 , 2 77 W i lli a m S t r ee t M e lbo u r n e 3000 V I C King S treet Ca m p u s Le v e l 7 , 3 10 K in g S t r ee t , M e lbo u r n e 3 000 V I C AB N 80 125 139 433 | A CN 1 25 139 433 | R TO : 21979 | C RI COS: 02996 A P h : +61 3 9642 166 7 | Fa x : +61 3 964 2 266 4 admiss i o n s@dan f o r d. e d u .a u www.da n f o rd.ed u .a u TM