Business Planning & Operations Assessment

1 | Document 326 - Assessment 7.2 - Business Planning& Operations v3Assessment 7.2Business Planning & Operations Assessment 7.2 Instructions and Required ResourcesBefore you begin CLICK HERE to watch an instructional video on how to successfully complete thisassessment. This video will outline the skills and resources required to receive an excellent grade.Prior to completing this assessment, we recommend you watch the following online lecturepresentations relevant to this assessment:Lecture Presentation 7.1 - Setting Up a PT BusinessLecture Presentation 7.2 - Marketing a PT BusinessLecture Presentation 7.3 - Managing a PT BusinessLecture Presentation 7.4 - Selling Your PT ServicesLecture Presentation 7.5 - Job Opportunities as a PT We recommend you read the following chapter from the Certificate IV in Fitness Course ManualChapter 7 - Business Operations & MarketingStudent NameAssessor NameQualification SIS40215 - Certificate IV in FitnessDelivery Method Online Face to FaceAssessment Type Written ProjectUnits ofCompetencyBSBSMB401 - Establish legal and risk management requirements of small businessBSBSMB404 - Undertake small business planningBSBSMB403 - Market the small business SISFFIT020 - Instruct exercise programs for body composition goalsSISFFIT015 - Collaborate with medical and allied health professionals in afitness contextPlease complete the following:Declaration: I have read, understand and agree to the assessment tasks and criteria outlined in thisdocument and agree to complete this assessment in accordance with Australian Fitness Academy’sassessment policy. I declare that all evidence submitted for this assessment is the product of my ownwork and every attempt has been made to accurately reference all sources to prevent plagiarism.STUDENT SIGNATURE: Date:
BSBSMB408 - Present secure and support sales solutions

AUSTRALIAN FITNESS ACADEMY © | 2Student Assessment TasksThis assessment is to be completed after reviewing resources from Topic 7 – BusinessOperations & MarketingStudents are required to address ALL questions in this assessment task.This assessment is based on the following scenario:Scenario:You have decided to begin a new fitness related business (it can be based on a real businessyou are planning or an ‘imaginary’ business).Task 1: Business Plan1. Provide a brief summary about your proposed business and the services it will offer.2. Research your business idea and provide a summary for each of the following questions.Suggested resources to help with your research include:• Internet and websites• Australian Bureau of Statistics• Fitness Australia website• Resources from Topic 7 of your online courseEnsure you include the reference source of all your data (e.g. website address). a) Why have you decided to start the business? b) Outline the following statistics to support the need for your business? Ensure that allresearch sources/ statistics are cited appropriately. i) Local market data:ii) Trends of similar business:Assessor Use OnlySatisfactory Resubmit

3 | Assessment 7.2 - Business Planning & Operations iii) Opposition businesses in surrounding areas:iv) Socio-economic data:v) Population growth/ decline:c) Where have you chosen to locate / operate your business and why? d) How many competitors are there in the same area offering similar services and whoare they? If there are no similar businesses or competitors in the area then identify thenearest/closest similar competitor business that may pose a risk.e) How much do the competitors charge? Outline their pricing structure.3. Based on your research from Question 2, design a business plan that includes all of thefollowing: a) The structure of your business (i.e. is your business a partnership / sole trader /company) and why you chose this model?b) Two business goals and objectives (including timeframes for the achievement of goals)1)2)Assessor Use OnlySatisfactory Resubmit

AUSTRALIAN FITNESS ACADEMY © | 4c) Business name, logo and slogani) Business Name:ii) Slogan:iii) Logo: (Please upload in the space below) d) Mission Statemente) Vision Statementf) Outline a description of two of the products and services you will offer including theprices you will charge)1)2)g) List of:
iv) Other services required to run your business: