{"id":54165,"date":"2022-01-16T13:25:08","date_gmt":"2022-01-16T13:25:08","guid":{"rendered":"https:\/\/academicwritersbay.com\/answers\/assessment-guide\/"},"modified":"2022-01-16T13:25:08","modified_gmt":"2022-01-16T13:25:08","slug":"assessment-guide","status":"publish","type":"post","link":"https:\/\/academicwritersbay.com\/answers\/assessment-guide\/","title":{"rendered":"Assessment Guide"},"content":{"rendered":"<p>in this assignment is one subject of Cookery course, so as they are required me to develop a business plan. so i want you to help me to develop a restaurant business plan. and please follow the topic and the criteria that is show at the end of page<\/p>\n<p>Learners<\/p>\n<p>Assessment Guide<\/p>\n<p>Assessment 1<\/p>\n<p>BSBMGT617 Develop and implement a business plan RTO No: 21595 | CRICOS Code: 02634E<\/p>\n<p>BSBMGT617 Develop and implement a business plan Assessment 1 Page 1 of 7<\/p>\n<p>\u00a9Copyright Academia International 2019 Version 3 Approved by: B. Wade<\/p>\n<p>Assignment Coversheet<\/p>\n<p>Name:<\/p>\n<p>Student ID:<\/p>\n<p>Email Address:<\/p>\n<p>Class:<\/p>\n<p>Unit name:<\/p>\n<p>Unit Code:<\/p>\n<p>Assignment name:<\/p>\n<p>Student Declaration<\/p>\n<p>I declare that \u2013<\/p>\n<p>a. The evidence I have submitted for assessment is my own work, and<\/p>\n<p>b. The evidence I have submitted for assessment has not been shared with other<\/p>\n<p>students, and I have taken all reasonable precautions to ensure that my work cannot<\/p>\n<p>be accessed by other students that may seek to submit my work as their own, and<\/p>\n<p>c. All of the sources of information used to prepare my work have been, or may be<\/p>\n<p>accurately cited, and<\/p>\n<p>d. I retain a copy of all my original for my own records, or for resubmission if required by<\/p>\n<p>Academia Australia, and<\/p>\n<p>e. I have read and understood Academia Australia\u2019s policy regarding plagiarism, and I<\/p>\n<p>accept the right of Academia Australia to investigate suspected plagiarism, and to act<\/p>\n<p>in accordance with the policy and procedure I have read.<\/p>\n<p>Student Signature: __________________________________________<\/p>\n<p>Date of Submission: ___ \/ \/20<\/p>\n<p>BSBMGT617 Develop and implement a business plan RTO No: 21595 | CRICOS Code: 02634E<\/p>\n<p>BSBMGT617 Develop and implement a business plan Assessment 1 Page 2 of 7<\/p>\n<p>\u00a9Copyright Academia International 2019 Version 3 Approved by: B. Wade<\/p>\n<p>Assessment Information<\/p>\n<p>\u2022 You must achieve a satisfactory outcome for each of the required criteria of this assessment<\/p>\n<p>to be deemed satisfactory for this assessment. You must achieve a satisfactory result for the<\/p>\n<p>assessments for this unit of competency to achieve a competent result for the unit. If one or<\/p>\n<p>more of the assessment results are not satisfactory, you will be Not Yet Competent for this<\/p>\n<p>unit.<\/p>\n<p>\u2022 You may follow the Assessment Appeals process in the Student Handbook<\/p>\n<p>(www.academia21.com) if you are not satisfied with:<\/p>\n<p>o the assessment result; or<\/p>\n<p>o the way an assessment was carried out by your trainer; or<\/p>\n<p>o the conditions or structure of the assessment<\/p>\n<p>The student handbook has the steps for reassessment if you receive a Not Yet<\/p>\n<p>Competent mark and do not want to appeal.<\/p>\n<p>Reasonable adjustment for assessment<\/p>\n<p>Where students have highlighted Language, Literacy and Numeracy issues reasonable adjustment to<\/p>\n<p>the assessment can be made. Should you receive a \u2018Not Yet Competent\u2019 or \u2018Resubmit\u2019 result for the<\/p>\n<p>assessment you will be given the opportunity to re-submit your assessment work with any<\/p>\n<p>amendments requested by your trainer.<\/p>\n<p>The adjustment may include actions such as:<\/p>\n<p>\u2022 Student demonstrating knowledge through verbal discussion to identify correct answers<\/p>\n<p>\u2022 Student demonstrating knowledge through applied skills<\/p>\n<p>\u2022 Allowing additional time relating to disability<\/p>\n<p>\u2022 Through consultation amending assessment timeframes<\/p>\n<p>\u2022 Assistance in the form of the training location to allow easier access<\/p>\n<p>\u2022 Accessing relevant equipment or aids to assist the student<\/p>\n<p>\u2022 Adjustments to the assessment methods to cater for any special needs (without effecting the<\/p>\n<p>integrity of the outcome)<\/p>\n<p>If a student requests or is identified as requiring reasonable adjustment to the training and<\/p>\n<p>assessment process a detailed training and assessment plan including timetables, notes regarding<\/p>\n<p>the required adjustments, and any  communications regarding the adjustments must be<\/p>\n<p>maintained in the students file.<\/p>\n<p>The RTO Manager must review and authorise any request for \u2018reasonable adjustment\u2019 to ensure that<\/p>\n<p>any adjustments and resulting outcomes are not affecting the integrity of the training and assessment<\/p>\n<p>process.<\/p>\n<p>Location of and completion timeframes for assessment<\/p>\n<p>The location of the assessment will depend upon the nature of the assessment. Assessments such<\/p>\n<p>as; role plays, in class activities, presentations and written tests \/ knowledge questions will be<\/p>\n<p>conducting in the classroom. The timeframes and due dates for these assessments, as well as any<\/p>\n<p>reports, projects or research assignments, are documented in the stage outlines. Stage outlines are<\/p>\n<p>handed out at the beginning of each term.<\/p>\n<p>BSBMGT617 Develop and implement a business plan RTO No: 21595 | CRICOS Code: 02634E<\/p>\n<p>BSBMGT617 Develop and implement a business plan Assessment 1 Page 3 of 7<\/p>\n<p>\u00a9Copyright Academia International 2019 Version 3 Approved by: B. Wade<\/p>\n<p>Project \u2013 Business Plan<\/p>\n<p>This project consists of evaluating (if applicable) and plan and develop a business plan for your<\/p>\n<p>workplace or as determined by your trainer.<\/p>\n<p>This assessment is one form of assessment type that is used to collect evidence and will count<\/p>\n<p>towards gaining competence toward this unit.<\/p>\n<p>To demonstrate competence each question must be answered by the student.<\/p>\n<p>You will be required to complete other relevant assessment tasks for this unit.<\/p>\n<p>This project \u2013 requires you to plan for and develop a complete business plan.<\/p>\n<p>Essentials Requirements as outlined in the \u201cContext of and specific resources for assessment in<\/p>\n<p>the TP for this unit\u201d:<\/p>\n<p>Assessment must ensure:<\/p>\n<p>\u2022 Access to appropriate documentation and resources normally used in the workplace.<\/p>\n<p>You are required to use an existing business plan in your workplace or at a minimum have the<\/p>\n<p>recent trading figures and financial details to review the business\u2019 operation.<\/p>\n<p>Alternatively your trainer or teacher may provide you with a realistic business plan to be applied<\/p>\n<p>to an operation with which you are familiar.<\/p>\n<p>Additional Resources provided for the purpose of this assessment:<\/p>\n<p>1. A business plan template (Word File: Business Plan Template xx) and a Business Plan Guide<\/p>\n<p>(Word file: Business Plan Guide xx) which provides detailed instructions for the completion<\/p>\n<p>of each section of the business plan template sourced from www.business.gov.au<\/p>\n<p>2. A template for a balance sheet forecast which may be used if desired (Excel sheet: Business<\/p>\n<p>Plan Financials).<\/p>\n<p>3. A sample business plan (Word File: Cafe-Paradiso-sample-business-plan) sourced from<\/p>\n<figure class=\"wp-block-embed\">\n<div class=\"wp-block-embed__wrapper\"> https:\/\/www.business.qld.gov.au\/business\/support-tools-grants\/tools\/business-planning-kit <\/div>\n<\/figure>\n<p>4. An online template with instructions to prepare a step-by-step business plan can be used by<\/p>\n<p>registering for free with http:\/\/toolkit.smallbiz.nsw.gov.au\/planning<\/p>\n<p>You are required to review the existing business plan where available and plan and develop a new<\/p>\n<p>business plan for the organisation, addressing all criteria outlined below:<\/p>\n<p>Where the organisation has an existing business plan, review and evaluate the following<\/p>\n<p>documentation if there is no existing business plan these need to be developed using for example<\/p>\n<p>the provided resources listed above. Create a draft and consult with your selected stakeholders to<\/p>\n<p>clarify or verify each aspect.<\/p>\n<p>Attach a briefing document which outlines with whom you have consulted and details of what was<\/p>\n<p>discussed.<\/p>\n<p>You need to reference each source you access to research information like statistics, products,<\/p>\n<p>legislation etc. and attach this as a bibliography to completed work.<\/p>\n<p>BSBMGT617 Develop and implement a business plan RTO No: 21595 | CRICOS Code: 02634E<\/p>\n<p>BSBMGT617 Develop and implement a business plan Assessment 1 Page 4 of 7<\/p>\n<p>\u00a9Copyright Academia International 2019 Version 3 Approved by: B. Wade<\/p>\n<p>As a guideline the following key points need to be addressed (based on the Business plan template<\/p>\n<p>xx) \u2013 your format may however vary: Refer to the marking criteria for more details to include in<\/p>\n<p>your business plan.<\/p>\n<p>1. Executive Summary<\/p>\n<p>Business overview<\/p>\n<p>Product and services features including pricing<\/p>\n<p>Target Market<\/p>\n<p>Budget<\/p>\n<p>Vision statement<\/p>\n<p>Mission statement<\/p>\n<p>Future goals and objectives<\/p>\n<p>2. The Business<\/p>\n<p>Business details<\/p>\n<p>\u2022 Business Opportunity<\/p>\n<p>\u2022 Vision and Mission<\/p>\n<p>\u2022 Goals and Objectives for your business<\/p>\n<p>\u2022 Location, Address, contact details, Logo, website and operating hours<\/p>\n<p>\u2022 Nature of the Business Including Your Product and Services (if it\u2019s a food business your<\/p>\n<p>menu is the product)<\/p>\n<p>Registration details &#038; Licences and permits required<\/p>\n<p>Business structure and the management &#038; ownership<\/p>\n<p>Organisation chart \u2013 Staffing required for the business<\/p>\n<p>Legal considerations for the business<\/p>\n<p>Insurances required for the business<\/p>\n<p>Risk assessment and assumptions<\/p>\n<p>Operations and distribution channels.<\/p>\n<p>Identify supplier for your business creating a table stating the products they supply your business<\/p>\n<p>and their contact details<\/p>\n<p>Sustainability plan<\/p>\n<p>3. The Market<\/p>\n<p>Market research<\/p>\n<p>Target market for your business (Identify at least 3 target markets and Describe them in terms<\/p>\n<p>of Demographic \u2013 Age, Location, Gender, Income level, Education level, Marital or family status,<\/p>\n<p>Occupation, Ethnic background and Psychographic \u2013 Personality, Attitudes, Values,<\/p>\n<p>Interests\/hobbies, Lifestyles, Behaviour)<\/p>\n<p>SWOT analysis of your business<\/p>\n<p>Competitor analysis (3 Competitors)<\/p>\n<p>Pricing strategy for your product and services<\/p>\n<p>Marketing strategy including advertising and sales for your product and services<\/p>\n<p>4. The Financial Plan<\/p>\n<p>Start-up costs<\/p>\n<p>Balance sheet forecast<\/p>\n<p>Profit and lost statement\/income statement<\/p>\n<p>Cash flow statement<\/p>\n<p>Break-even analysis<\/p>\n<p>Brief action Plan with timelines and a GANTT chart.<\/p>\n<p>5. References used in the development of the business plan<\/p>\n<p>BSBMGT617 Develop and implement a business plan RTO No: 21595 | CRICOS Code: 02634E<\/p>\n<p>BSBMGT617 Develop and implement a business plan Assessment 1 Page 5 of 7<\/p>\n<p>\u00a9Copyright Academia International 2019 Version 3 Approved by: B. Wade<\/p>\n<p>Marking Criteria<\/p>\n<p>Project \u2013 Business Plan<\/p>\n<p>Not Attempted<\/p>\n<p>Not Satisfactory<\/p>\n<p>Satisfactory<\/p>\n<p>Excellent<\/p>\n<p>0 1 2 3 Comments<\/p>\n<p>BSBMGT617 Develop and implement a business plan<\/p>\n<p>Provides an overview of the Business<\/p>\n<p>\u2022 Business name<\/p>\n<p>\u2022 Business Premises<\/p>\n<p>\u2022 Business structure<\/p>\n<p>\u2022 ABN<\/p>\n<p>\u2022 ACN<\/p>\n<p>\u2022 GST Registration<\/p>\n<p>\u2022 Business location<\/p>\n<p>\u2022 Date established<\/p>\n<p>\u2022 Owners<\/p>\n<p>\u2022 Relevant owner experience<\/p>\n<p>Provides and Organisation chart which lists all relevant key staff<\/p>\n<p>Provides a Management &#038; ownership overview detailing who runs the<\/p>\n<p>business, shares\/ involvement of partners, experience<\/p>\n<p>Provides an overview of the experience of business owners and major<\/p>\n<p>achievements<\/p>\n<p>Provides an overview of Key personnel, including expected tstaff<\/p>\n<p>turnover, skills and strenghths<\/p>\n<p>Provides an overview of required staff for the operation to achieve set<\/p>\n<p>objectives<\/p>\n<p>Provides a statement fro recruitment options, training of staff and skills<\/p>\n<p>retention<\/p>\n<p>Provides an overview and description of products and services provided<\/p>\n<p>by the organisation including Pricing<\/p>\n<p>Provides an overview of market position of the organisation including:<\/p>\n<p>\u2022 How will products and services succeed in the market<\/p>\n<p>\u2022 Anticipated demand<\/p>\n<p>\u2022 Pricing strategy<\/p>\n<p>\u2022 Value to customer<\/p>\n<p>\u2022 Growth Potential<\/p>\n<p>Provides a statement for research and innovation provisons and<\/p>\n<p>alloctaed budget<\/p>\n<p>Provides a strategy to protect intellectual property<\/p>\n<p>Provides a detailed overview of all insurance taken out to protect the<\/p>\n<p>business including details of cover<\/p>\n<p>BSBMGT617 Develop and implement a business plan RTO No: 21595 | CRICOS Code: 02634E<\/p>\n<p>BSBMGT617 Develop and implement a business plan Assessment 1 Page 6 of 7<\/p>\n<p>\u00a9Copyright Academia International 2019 Version 3 Approved by: B. Wade<\/p>\n<p>Provides a completed risk management plan \u2013 this should be informed<\/p>\n<p>by the SWOT analyses and competitor analyses undertaken<\/p>\n<p>Provides a detailed overview of legal considerations essntial for the<\/p>\n<p>operation of the business including lisensing<\/p>\n<p>Provides a description of the process involved ind producing the<\/p>\n<p>organisation\u2019s products and services<\/p>\n<p>Provides an overview of suppliers, their services and relationship<\/p>\n<p>Provides an list of equipment including purchase price, date and<\/p>\n<p>approximate running costs<\/p>\n<p>Provides an overview of technology requirements of the organisation,<\/p>\n<p>their purpose and fuctions and how these will be acquired.<\/p>\n<p>Provides a statement for each of the following organisational policies<\/p>\n<p>and procedures:<\/p>\n<p>\u2022 Payment types accepted<\/p>\n<p>\u2022 Warranties and refunds<\/p>\n<p>\u2022 Quality control and processes in place<\/p>\n<p>Provides a sustainability plan that describes the business\u2019s<\/p>\n<p>environmental resource impacts<\/p>\n<p>The sustainability plan includes a community impact and engagement<\/p>\n<p>provision<\/p>\n<p>The sustainability plan lists any risks or constraints to the business<\/p>\n<p>The sustainability plan includes strategies to minimise impacts and risks<\/p>\n<p>including actions.<\/p>\n<p>Provides details and evidence for market research<\/p>\n<p>Provides an outline for planned sales targets for specified periods<\/p>\n<p>Provides an environmental\/industry analysis including size, trends, the<\/p>\n<p>organisation\u2019s position within<\/p>\n<p>Provides a customer analysis including demographics, key customer<\/p>\n<p>markets<\/p>\n<p>Provides a statement for effective customer management<\/p>\n<p>Provides a complete SWOT analysis of the business<\/p>\n<p>Provides strategies to address identified weaknesses and threats \u2013 This<\/p>\n<p>maybe combined with the risk management criteria above.<\/p>\n<p>Provides a realistic competitor analysis<\/p>\n<p>Provides details for planned advertising and promotions<\/p>\n<p>Provides an overview of marketing team, sales techniques, tools and set<\/p>\n<p>goals<\/p>\n<p>Provides a list of planned sales and distribution channels<\/p>\n<p>Provides a vision statement including planned goals, how these will be<\/p>\n<p>achieved and which measures will be used<\/p>\n<p>Provides a clear action plan which details milestones, dates and persons<\/p>\n<p>responsible<\/p>\n<p>Provides an overview of key financial objectives (profit targets\/cost<\/p>\n<p>reduction) and finance requirements<\/p>\n<p>Provides an overview of assumptions \u2013 what are they based on? Are<\/p>\n<p>factors realistic<\/p>\n<p>BSBMGT617 Develop and implement a business plan RTO No: 21595 | CRICOS Code: 02634E<\/p>\n<p>BSBMGT617 Develop and implement a business plan Assessment 1 Page 7 of 7<\/p>\n<p>\u00a9Copyright Academia International 2019 Version 3 Approved by: B. Wade<\/p>\n<p>Provides financial forecast based on data provided to student<\/p>\n<p>Balance Sheet Forecast<\/p>\n<p>Profit and Loss Forecast<\/p>\n<p>Expected Cash flow<\/p>\n<p>Break-Even analysis<\/p>\n<p>Provides a bibliography for all sources referenced<\/p>\n<p>Provides briefing details for consultation that occurred<\/p>\n<p>Total Marks out of<\/p>\n<p>Student is satisfactory for this assessment task: Yes Not Yet<\/p>\n<p>________________________________ ___ \/ ___ \/ _____<\/p>\n<p>\u00a0Trainer\u2019s Signature Date<\/p>\n","protected":false},"excerpt":{"rendered":"<p>in this assignment is one subject of Cookery course, so as they are required me to develop a business plan. so i want you to help me to develop a restaurant business plan. and please follow the topic and the criteria that is show at the end of page Learners Assessment Guide Assessment 1 BSBMGT617 &#8230; <a title=\"Assessment Guide\" class=\"read-more\" href=\"https:\/\/academicwritersbay.com\/answers\/assessment-guide\/\" aria-label=\"Read more about Assessment Guide\">Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-54165","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/academicwritersbay.com\/answers\/wp-json\/wp\/v2\/posts\/54165","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/academicwritersbay.com\/answers\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/academicwritersbay.com\/answers\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/academicwritersbay.com\/answers\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/academicwritersbay.com\/answers\/wp-json\/wp\/v2\/comments?post=54165"}],"version-history":[{"count":0,"href":"https:\/\/academicwritersbay.com\/answers\/wp-json\/wp\/v2\/posts\/54165\/revisions"}],"wp:attachment":[{"href":"https:\/\/academicwritersbay.com\/answers\/wp-json\/wp\/v2\/media?parent=54165"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/academicwritersbay.com\/answers\/wp-json\/wp\/v2\/categories?post=54165"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/academicwritersbay.com\/answers\/wp-json\/wp\/v2\/tags?post=54165"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}