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Macquarie University *

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2019

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Business

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Jan 9, 2024

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docx

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19

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2: Developing a Business Plan Complete the next section before meeting with relevant stakeholders. Plan to meet with relevant stakeholders (at least two) Who will you meet with? How will you demonstrate your ability to: lead others facilitate group interaction influence the direction of the outcomes present information/seek advice? Meeting with the stakeholders: a.team The meeting will be held in the designated area, c Meeting the team will be presented in the formal an emails, chats (informal), text messages (informal) a room, by opening discussion, by presenting the bus feedback from the stakeholders b.supplier and vendors The meeting is presented on Powe that the team goes in the way we need but not dem Schedule meeting Insert a screen shot showing the meeting in your calendar. Insert a screen shot showing that the meeting invites has been sent to meeting participants. BSBOPS601 | Develop and Implement Business Plan | Project Portfolio I V2.0 | May 22Macquarie Education Group Australia Pty Ltd t/a MEGA Education | RTO Code 91305 | CRICOS Code 0287765
Complete the next section after you’ve met with relevant stakeholders. Note: If your meeting was not viewed in person by your assessor, attach proof of the meeting to this section of the portfolio. Performance and productivity targets. Summarise the agreed performance objectives and measures for your Business Plan. What are the agreed key result areas (at least three)? What are the agreed productivity and performance targets (include at least one financial indicator such as revenue)? a.Review and evaluate pre-existing strategic b.Analyse and interpret business vision, mis c.Review market requirements, profile custo d.Develop performance objectives and meas e.Identify financial, human and physical reso f. Consider any permits or licences that may BSBOPS601 | Develop and Implement Business Plan | Project Portfolio I V2.0 | May 22Macquarie Education Group Australia Pty Ltd t/a MEGA Education | RTO Code 91305 | CRICOS Code 02657J 12
Business Plan. Business Plan for: AKBAR’s FAST DELIVERY Duration of Plan 2022 – 2023 Business Description AKBAR’S FAST DELIVERY has been established as a courier company that has been providing service since 2 years in the New South Sales. The main activity of the company is to provide the deliver medium to large size packages across metropolitan Sydney. Currently the company has built a solid reputation over the past 2 years, and this has been reflected in their growth and profit margins. The owners of the company want to run the business staying in the safe side and they want to create a success with a small, experienced team, close personal ties with clients and a reputation for reliable, low cost service. Moving forward, their vision for the company is to retain those strengths and core values through any expansion process. The company also develop and implement a business plan has sufficiently stable and experienced, and in a financial position to expand the business without risk to their current financial stability or reputation in the current stage. The company is currently unable to meet this demand in some of the regional areas and therefore some potential clients have been lost. This became a motive to expand operations for both financial and customer service reasons . Products, services and/or initiatives Their primary business function is delivering medium to large size packages across metropolitan Sydney. The business product/ services that a fast track courier is providing is to:
a.Provide the delivery service across metropolitan Sydney and the suburbs b.Provide fast courier service c.Provide good customer service Productivity and performance objectives and measures What are the performance and productivity targets (including financial indicators) to address the key aspects? How will the targets be monitored and measured (i.e., what is the performance measurement system for the target)? Product/Service/Initiative Target Measurement system Provide the delivery service across a. Maintaining position and stability in the city of Sydney Customer’s satisfaction form/surveys Social media feedback stars BSBOPS601 | Develop and Implement Business Plan | Project Portfolio I V2.0 | May 22Macquarie Education Group Australia Pty Ltd t/a MEGA Education | RTO Code 91305 | CRICOS Code 02657J 13 metropolitan Sydney and the suburbs b. Reaching out the closest suburb Com Provide fast couriers services Adding more vans and trucks to increase Wide
the productivity Cust Good customer services Provide training to the personnel about safety and customer’s expectation Surv form Resource requirements What financial resources are required for the Business Plan to be implemented? Your financial resources are money available for spending. Typically this includes cash, l resources should include enough cash or cash-equivalent assets to keep you afloat for th What physical resources are required for the Business Plan to be implemented? With the expanding of the business, the company is planning to cut down the cost and ma minimize the cost, the strategy going forward is to remove the need for two drivers per tru back of each truck, at a cost of $10,000 per truck. Manual systems of recording were repl the details of each delivery. Which human resources are required for the Business Plan to be implemented (including The success of an organization is heavily reliant on the talent and strength of its employe hiring of experienced professionals with track records of excellence within their area of ex ensures that the mission and goals of the company will be carried out efficiently and with Strong team members can be recruited using a variety of methods. Staffing agencies and search firms specialize in placing talent of all levels within every industry. An alternative is employees through referrals from individuals whose judgment is trusted Regulatory requirements What are the regulatory requirements for the Business Plan and its related operations? a.Employment laws The company should have legal obligations when employ people. Th correct wages, abide by work health and safety (WHS) regulations and codes of pr compensation insurance for each employee, not act in a way that may seriously da mental distress or humiliation, comply with any working with vulnerable people or c
b.Marketing compliance Comply with relevant regulations when marketing your products don’t mislead your customers. These regulations include laws on advertising, BSBOPS601 | Develop and Implement Business Plan | Project Portfolio I V2.0 | May 22Macquarie Education Group Australia Pty Ltd t/a MEGA Education | RTO Code 91305 | CRICOS Code 02657J 14 signage, spam, pricing, licencing for using music in your advertising or even playing musi c. Terms and condition If business operates digitally, you may need to include your policies on your website. The terms and conditions, Privacy policy, Returns policy. Terms and conditions help establish website. As your customers may not interact with you directly before purchasing a produc a contract between you and the customer Marketing strategy What marketing strategy will you follow to achieve your Business Plan? a.Online marketing b.Websites provided c.Ads in the social media d.Discount for the spent for $200 above BSBOPS601 | Develop and Implement Business Plan | Project Portfolio I V2.0 | May 22Macquarie Education Group Australia Pty Ltd t/a MEGA Education | RTO Code 91305 | CRICOS Code 02657J 15 Implement the Business Plan.
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