Develop and Implement a Business Plan | BSBMGT 617

BSBMGT 617 Develop and implement a business plan
Task B – Develop a business plan
Instructions:
1. Read the case provided to you on Moodle.
2. Consult with key stakeholders (other students or your trainer) to
develop performance objectives and measures.
3. Use the template provided to generate your business plan. You should
submit it as part of the assessment
4. After completion of your plan, you should communicate it in teams
(other students or your trainer) to ensure understanding of performance
requirements and timeframes.

BSBMGT 617 Develop and implement a business plan
[Jane Chang]
[Zen sushi Shop]
[Wynyard]
ABN: [ 19 356 187 225 ]
ACN: [ 25 145 225 225]
Zen sushi shop
Business Plan
Prepared: [date 22 June 2017 ]

Contents
Business Plan Summary............................................................................................. 4
The Business..................................................................................................... 4
The Market........................................................................................................ 5
The Future........................................................................................................ 5
The Finances..................................................................................................... 5
The Business.............................................................................................................. 6
Business details................................................................................................ 6
Registration details........................................................................................... 6
Business premises............................................................................................ 7
Organisation chart............................................................................................ 7
Management & ownership................................................................................7
Key personnel................................................................................................... 8
Products/services.............................................................................................. 9
Innovation....................................................................................................... 10
Insurance........................................................................................................ 10
Risk management........................................................................................... 10
Legal considerations.......................................................................................11
Operations...................................................................................................... 11
Sustainability plan.......................................................................................... 13
The Market............................................................................................................... 13
Market research: Owner does not market research because so expensive.....13
Market targets................................................................................................ 13
Environmental/industry analysis.....................................................................13
Your customers...............................................................................................13
S.W.O.T. analysis............................................................................................ 14
Our competitors.............................................................................................. 15
Advertising & sales.........................................................................................16
The Future............................................................................................................... 17
Vision statement:............................................................................................ 17
Mission statement........................................................................................... 17
Goals/objectives:............................................................................................. 17
Action plan...................................................................................................... 17
The Finances............................................................................................................ 18
Key objectives & financial review....................................................................18
Assumptions................................................................................................... 18
Start-up costs for [YEAR].................................................................................19
Balance sheet forecast....................................................................................20
Profit and loss forecast....................................................................................21
Expected cash flow......................................................................................... 23
Break-even analysis........................................................................................24
Page 3

Business Plan Summary
The Business
Business name: Zen sushi Shop
Business structure: Sole proprietorship
ABN: I9 356 I87 225
ACN: 25 145 225 225
Business location: Wynyard
Date established: 22 June 2017
Business owner(s): Jane Chang
GST : 22 June 2017, goods and services
Relevant owner experience:
The owner have enough experience because he is already deal in this field from
last many years and have strong connectivity with other competitor as well.
Products/services:
 Japanese food and drink
 Alcoholic beverage
The Market
Target market: Youngster who like alcoholic beverage in Wynyard
Marketing strategy: Company is small and that is why, it uses digital marketing
strategy in which it let people know about own product through Facebook, Twitter
and Instagram. Initially it also offer product at discount rate in order to maintain
customer base.
The Future
Vision statement:
To offer best quality of product and beverage product to their customer by identify their
need. Also to sustain the brand image at international level.
Mission statement
Sell best variety of food and beverage product to their customers.
Goals/objectives:
 Increase the sale up to 15% within next 2 years
 To attract range of customers by offering best quality product within 1 years.
 To offer new product in order to stay ahead in competition.
Page 4

The Finances
The Business
Business details
Products/services:
 Japanese food and drink
 Alcoholic beverage
Registration details
Business name: Zen sushi
Trading name(s): Zen sushi
Date registered: 22 June 2017
Location(s) registered: MLC Building, Martin Place
Business structure: Sole proprietorship
ABN: 19 356 187 225
ACN: 25 145 225 225
GST: 22 June 2017, goods and services
Domain names: -
Licences & permits:
 Business type
 Location
Business premises
Business location: MLC Building, Martin Place
Buy/lease: Lease
Page 5

Organisation chart
Management & ownership
Names of owners: Jane Chang
Details of management & ownership:
The business belongs to sole trader and there are three staff members who
manages the work. Such that manager, two employees who ensure that the work
is perform in better manner.
Experience:
Owner has enough experience in management field and strong connectivity with
other members.
Key personnel
Current staff
Job Title Name Expected staff
turnover
Skills or strengths
Manager Mr. John Chei £2560 Have strong management skills that
assist to manage the work. Delegate
the roles and responsibility to each
employees so that work will not
affected.
Waiter Mr. Shek klay £260 Have good customer service skills and
knows how to handle customer
problem and treat them properly.
Housekeepin
g staff
member
Mr. Suzu Kai £326 Person possess time management skills
and good interpersonal skills
Page 6
Owner
(Jane
Chang)
Manager
Employee Employee