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Business Plan
Group Name:
Student Name:
Student ID:
Assessment Purpose:
To provide students with the opportunity to become familiar with the theory and
practical application of a business plan in the planning, establishment, managing and
maintenance of the business.
Students develop and demonstrate the following learning requirements:
1. Understand the nature, role, and structure of business and enterprise, locally
and/or nationally
2. Demonstrate knowledge of the functions, processes, and operations of business
and enterprise
3. Communicate in ways that are suitable for the business environment and for
the purpose and audience, including by the use of appropriate information and
communication techniques.
4. Apply revenant business ideas, practices, and concepts such as business
planning, product development, financial management, and marketing.
Assessment Criteria:
KU1
KU2
KU3
Ap1
Ap2
Ap3
Task Description:
Students to individually create a business plan for the business enterprise that they ran at
school, if students did not participate in mini enterprise, students are to create a business
plan for a hypothetical business.
At a minimum students should include the following key elements:
Title Page:
Name of business, address, contact points, date of preparation
Table of contents:
Clear information about the contents of your plan, page numbering
Executive Summary:
Purpose of the plan, highlights of the plan, Brief description of your business
About the business:
What is your business, general description, what is your competitive advantage, where
is your business located and why, what is the performance of your business today?
Weaknesses
Threats
Financial Plan
Balance sheet what does the business own how is it financed?
Profit and loss statement- what income and expenses has the business had
Cash flow statement what cash has gone in and out of the business
Business viability- is it financially viable to run your business?
Historical financial data
Funding mix (internal vs external)
Equity and borrowings
Appendices
References
Students are encouraged to look at the different business plan templates available online
from the following:
o Department of Industry, Innovation
o South Australian GovernmentsDepartment of the Premier and Cabinet
https://www.sa.gov.au/topics/business-industry-and-trade/starting-a-business/where-tobegin/write-a-business-plan