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BUS302 Entrepreneurship | KOI

   

Added on  2020-03-04

9 Pages2527 Words76 Views
Business Plan Evaluation of Blueprints Business Planning Pty Ltd with Sam’s Fast Food-truck Pty Ltd,Australia Student Name:Student ID:Unit Name: ENTREPRENEURSHIP T217 Unit Code: BUS302Date Due:Subject Coordinator: David Rich1 | P a g e

Table of ContentsBusiness Plan Evaluation of............................................................................................................1Blueprints Business Planning Pty Ltd with Sam’s Fast Food-truck Pty Ltd, Australia..................11.0 Introduction................................................................................................................................32.0 Analysis.....................................................................................................................................44.0 Conclusion and Recommendations............................................................................................8Reference Lists................................................................................................................................92 | P a g e

1.0 IntroductionThe primary aim of this report is to compare two business plans of small businesses based in Australia, one is Blueprints Business Planning Pty Ltd and the other is Sam’s Fast food Truck Pty Ltd. Both are small and medium enterprise, that target a sector in Sydney and other localities around the city[ CITATION Cru12 \l 1033 ]. While Blueprints Planning Pty Ltd targets Sydney alongwith other adjoining areas from New South Wales, Australia, the other business is limited to Sydney alone. Both are proprietorship based businesses that have their owners as business full time employed. The scope of this report analyses marketing, operations and finance activities for both the businesses such that an appropriate comparison can easily be achieved. Mission of Blueprints Business Planning Pty Ltd is to provide business planning assistance to small and medium scale e businesses. The Company will aim to provide varied range of advices to small-scale organisations. Mission of Sam’s Fast food Truck is to provide lip-smacking snacksnear office areas of Sydney during their recess hours. The Company will provide variety types ofburgers, sandwiches, milk shakes, fries and other snacks at cost affordable rates, such that consumers make repeated purchase at the food truck. The former business employee is Jessie Jones along with four other people, the other business employs Scarlet Tassel along with two other employees. Earlier, Jessie Jones had been working as a management consultant and has good foothold on providing clients with well-equipped business plans along with feasibility analysis. Scarlet Tassel, has previous work experience with various restaurants and fast food stall, hence now she plans to extend such expertise in creating a business and patenting some creations of her own. The former business aims to generate a revenue of A$100,000 and make revenues worth A$2000, whereas the other business aims to generate an annual revenue of A$50,000 with profits amounting to A$1500 in the first year alone. When operations of both the business will be started then there will be one employee managing director who will be handling all functionalities from home for the former business. While for the later business, the owner cum managing director has already painted his truck and arranged for it to form a food truck. The former business will be entirely self-funded and director intends to provide the necessary capital as an initial investment worth A$10,000. For the food-truck business the director has 3 | P a g e

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