Elements and Performance Criteria
- Identify elements of the business plan
- Develop a business plan
- Research resources, legal and compliance requirements, specifically in relation to occupational health and safety (OHS), 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
- Develop strategies for minimising risks
- 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