Business Plan Evaluation Report: Quality Training Pty Ltd and Bryan's

This report provides a comparative analysis of the business plans of Quality Training Pty Ltd and Bryan's Tutoring Service. The analysis of Quality Training's plan reveals weaknesses in its executive summary, lack of SMART objectives, and absence of a performance measurement section. The information presented is often vague and lacks relevant external environmental factors. In contrast, Bryan's Tutoring Service's plan projects sufficient information, includes SMART objectives with financial estimations, and presents well-organized information supported by previous business outcomes. However, it lacks a proper performance measurement section. The report concludes that while Bryan's Tutoring Service presents a more viable plan, both could benefit from a more robust performance measurement system. Desklib offers a variety of resources, including similar documents and past papers, to aid students in their studies.

Running head: DEVELOP AND IMPLEMENT A BUSINESS PLAN
Develop and Implement a Business Plan
Name of the Student
Name of the University
Author note

1DEVELOP AND IMPLEMENT A BUSINESS PLAN
Table of Content
Report 1: Analysis of Business plan (Quality Training Pty. Ltd.).............................................2
Introduction:...........................................................................................................................2
Analysis and Interpretation of information:...........................................................................2
Relevancy and quality of Information....................................................................................3
Performance measurement.....................................................................................................4
Presentation............................................................................................................................4
Conclusion:............................................................................................................................5
Report 2: Analysis of Business plan (Bryan's Tutoring Service)...............................................6
Introduction:...........................................................................................................................6
Analysis and Interpretation of information............................................................................6
Relevancy and quality of Information....................................................................................7
Performance measurement.....................................................................................................8
Presentation............................................................................................................................8
Conclusion:............................................................................................................................9
References:...............................................................................................................................10

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Report 1: Analysis of Business plan (Quality Training Pty. Ltd.)
Introduction:
Business plan is the core component of any business that determines the blueprint of
the business operation before initiating any potential implications (Mullins 2012). The
purpose of this report is to analyse the components of the business plan proposed by Quality
Training Pty. Ltd. In the following section the interpretation of the business plan will be
analysed while examining the relevancy and quality of the information. The performance
measures of this business plan will be also examined to find out the potential profitability.
Throughout the process the overall presentation style of the business plan will also be
analysed.
Analysis and Interpretation of information:
A business plan can have the viability, when it has proper structure and adequate
distribution of necessary and supportive information regarding the business and the industry.
Besides, a business plan should have précised and brief description about the overall business
blue print in the executive summary including the purpose and target of the new business
plan (Finch 2013). However, in the business plan of Quality Training the executive summary
does not projects enough information regarding the aim and the purpose of the business plan.
The objectives presented in this business plan are not SMART (Specific Measurable
Attainable Realistic and Time-framed). Some of the objectives are completely non-
measurable. The business plan also does not have any specific financial estimation to support
their goals and formulated objectives.
The key areas of success are mentioned briefly considering the various strategic goals
and potentialities of Quality Training Company. However, the business objectives should be

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developed depending on these scopes and here the scopes are presented after the projected
objectives mission and vision. The marketing slogan has been incorporated in this section,
which should be incorporated in the marketing strategy section. At the same time the mission
vision and objectives are described before the organisational description, which is not a
proper business plan presentation format.
Relevancy and quality of Information
There is some information in this business plan of quality Training which are very
vague and irrelevant as well. As an example the market plan review has provided as a part of
the rationale, which made the rationale of this business plan vague and inconsistent. Similarly
in the review process several part of the business plan has been discussed. However, process
of reviewing the plan is not mentioned. At the same time, the business plan also does not
have any clear activity plan, which is necessary to implement the procedure stepwise. It could
help the business plan to be more tangible and attainable as well. Therefore, lack of proper
activity plan made this business plan intangible (Blackburn, Hart and Wainwright 2013).
Besides, the implementation and execution plan is only discussed for the marketing strategy
section which also does not make any relevancy.
Along with the activity plan, the time line and the resource allocation is missing.
Besides, the business plan does not include the major external environmental components
such as, Political environment, legal policies, economic situation, supplier’s bargaining
power and other major factors. Absence of these components has made the quality of the
information poor and unrealistic. The marketing strategy of this business plan has brief
discussion of the consumer trends and market situation. However, the current situation has
not been presented with measurable attributes in the business plan of Quality Training.

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Performance measurement
The purpose of the performance measurement of any business plan is to provide a
guideline, how the business objectives can be implemented while avoiding as many potential
operational errors as possible. Henceforth, a proper performance measurement plan of a
business plan should have the measurement process, frequency of calibration, data analysis
techniques, performance measuring attributes and the roles of controlling or managing group
(Guidat et al. 2014). The business plan presented by the Quality Training does not have any
performance measurement section at all. Considering the brief size of the business plan, it can
be said that this business plan is incomplete without a proper performance measurement
system.
The evaluation process is also essential part of any business plan in which the
business plan should have the review structure. This business plan does not have any review
strategy or technical reference at all. The business plan also lacks the qualitative
demonstration of performance measurement and review process. The competitive pricing
strategy cannot be found in this business plan because of its lack of discussion of strategic
pricing comparing with the other competitors within this market segment. The service or
product mapping is also missing which should be presented with the price quality coordinates
and the graphical presentation of the competitors and the core companies in that coordinates.
Presentation
Presentation is the major part of any business plan that should have the proper
structure and the distribution of the authentic information. With proper presentation a
business plan can be easily understandable and editable. One of the major disadvantages of
the business plan of quality Training is the extremely brief and scattered way of presentation.
As it discussed earlier, from the executive summary to marketing strategy planning, the

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information has been presented in scattered and inconsistent way that requires more
concentration to understand the purpose of the business. Apart from that, the business plan
does not present any graphical presentation of any of their previous success rate or future
predictions.
To make a business plan feasible, the quantitative analyse and data presentation is
required in every part. The data presentation also makes the business plan realistic and
evident (Wallac and Webber 2017). The major disadvantage of this business plan is, this
business plan of Quality Training does not have any quantitative presentation an analysis.
Lack of evidence also made this business plan less viable to the reader. From the beginning
of the scope analysis and aim declaration to the marketing plan and implementation strategy
this business plan has all the core components, however with lack of evidences and feasible
presentation.
Conclusion:
From the above analysis of the business plan presented by the Quality Training Pty.
Ltd, it can be said that the business plan does not have any specific financial estimation to
support their goals and formulated objectives. Apart from that, the current situation has not
been presented with measurable attributes in the business plan. Lack of reviewing strategy
and measurement tools are noticeable. It can be concluded that the overall presentation is not
structured and organised. Moreover, it can be said that this business plan has all the core
components, however with lack of evidences and feasible presentation, the business plan is
not a good example.

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Report 2: Analysis of Business plan (Bryan's Tutoring Service)
Introduction:
The purpose of this report is to analyse the components of the business plan proposed
by Bryan's Tutoring Service while comparing it with the business plan of Quality Training
Pty. Ltd. Bryan's Tutoring Service is an Oregon-based company that offers tutoring services
for a wide variety of subjects. The company is currently in a sole proprietorship. However,
the business plan is aimed to change its organizational form to an Oregon-based LLC within
the next year. In the following section the interpretation of the business plan will be analysed
while examining the relevancy and quality of the information. The performance measures of
this business plan will be also examined to find out the potential profitability. Throughout the
process the overall presentation style of the business plan will also be analysed.
Analysis and Interpretation of information
The business plan of Bryan's Tutoring Service the executive summary projects
enough information regarding the aim and the purpose of the business plan including the
existing services and provision. The objectives presented in this business plan are completely
Specific, Measurable, Attainable, Realistic and Time-framed (SMART). Some of the
objectives are supported by the graphical representation of the predictive analysis. Unlike the
Quality Training Pty. Ltd, the business plan of Bryan's Tutoring Service also has several
financial estimations to support their goals and formulated objectives.
The key areas of success are mentioned precisely along with their current service
condition and organisational structure. The aims and objectives also considered the various
strategic goals and potentialities of Bryan's Tutoring Service Company. The history of the
business has been developed depending on the financial presentation of balance sheet, assets,

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past performance and variable assets. Unlike the Quality raining the marketing slogan has
not been incorporated in this section, and incorporated in the marketing strategy section.
However, the mission vision and objectives are described before the organisational
description, which is not a proper business plan presentation format.
Relevancy and quality of Information
The presented information in this business plan of Bryan's Tutoring Service Company
is well organised and evident by various previous business outcomes which are very relevant
as well. As an example, unlike the Quality Training, the course material an service policies
has been provided independently from the marketing. The review plan has also provided as a
part of the rationale, which made the rationale of this business plan more consistent and
viable. Similarly in the service section several part of the pricing plan in existing structure
have been discussed. At the same time, the business plan also has a clear and precise activity
plan to implement the procedure stepwise considering the roles and responsibilities of the
stakeholders.
The reliable information of this business plan helps the business plan to be more
tangible and attainable as well (Chen, Yao and Kotha 2012). Besides, the implementation and
execution plan is discussed individually in every section of the marketing strategy as well,
which also makes the business plan very reliable. Along with the activity plan, the time line
and the resource allocation is also presented considering the engagement of valuable business
personnel and external partners. Along with that, the business plan also includes the major
external environmental components such as, Political environment, legal policies, economic
situation, supplier’s bargaining power and other major factors in the environmental analysis
section.

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Performance measurement
A proper performance measurement plan of a business plan should have the
measurement process, frequency of calibration, data analysis techniques, performance
measuring attributes and the roles of controlling or managing group (Mason and Stark 2014).
The major limitation of the business plan of Bryan's Tutoring Service Company is it does not
have any performance measurement section properly. At the same time, it has to be noted that
core measuring attributes have been mentioned as the milestones. Considering all the
perspective of this business plan it can be said that this business plan is incomplete without a
proper performance measurement system. The purpose of the performance measurement of
any business plan is to provide a guideline, how the business objectives can be implemented
while avoiding as many potential operational errors as possible.
At the same time, the business plan has the detailed qualitative and quantitative
demonstration of privies pricing statement and new performance on pricing strategy. The
competitive pricing strategy can be found in this business plan because of its graphical
representation and discussion of strategic pricing comparing with the other competitors
within this market segment. However, similar to the Quality Training, the business plan of
Bryan's Tutoring Service Company lacks the service or product mapping, which should be
presented with the price quality coordinates and the graphical presentation of the competitors
and the core companies in that coordinates.
Presentation
With proper presentation of the business plan, Bryan's Tutoring Service Company
makes their business plan easily understandable and editable. One of the major advantages of
the business plan it its extremely numerical and graphical evidence based presentation. In the
appendix section the business plan has also presented the projected sales and marketing

9DEVELOP AND IMPLEMENT A BUSINESS PLAN
report of previous ears along with the cashflow and break-even diagram. Moreover the
business plan of Bryan's Tutoring Service Company has a great potential to be an ideal
example of business plan presentation.
Conclusion:
From the above discussion and analysis it can be said that, the business plan of
Bryan's Tutoring Service has very specific and detailed financial estimation and quantitative
measurements and perdition with graphical presentation to support their goals and formulated
objectives. Moreover, it can be said that this business plan has more potentialities and
evidences to make it feasible, attainable, viable as well as implementable.

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References:
Blackburn, R.A., Hart, M. and Wainwright, T., 2013. Small business performance: business,
strategy and owner-manager characteristics. Journal of small business and enterprise
development, 20(1), pp.8-27.
Chen, X.P., Yao, X. and Kotha, S., 2012. Entrepreneur passion and preparedness in business
plan presentations: a persuasion analysis of venture capitalists' funding decisions. Academy of
Management journal, 52(1), pp.199-214.
Finch, B., 2013. How to write a business plan (Vol. 35). Kogan Page Publishers.
Guidat, T., Barquet, A.P., Widera, H., Rozenfeld, H. and Seliger, G., 2014. Guidelines for the
definition of innovative industrial product-service systems (PSS) business models for
remanufacturing. Procedia CIRP, 16, pp.193-198.
Mason, C. and Stark, M., 2014. What do investors look for in a business plan? A comparison
of the investment criteria of bankers, venture capitalists and business angels. International
small business journal, 22(3), pp.227-248.
Mullins, J., 2012. The new business road test: What entrepreneurs and executives should do
before writing a business plan. Pearson UK.
Wallace, M. and Webber, L., 2017. The disaster recovery handbook: A step-by-step plan to
ensure business continuity and protect vital operations, facilities, and assets. Amacom.