Internal Code: 1HEGB
Business Plan Assignment Help:
Task:
Task 1 – Compare the business with competitor businesses
a. Outline an introduction of the organisation you wish to analyse. Describe the products/services they offer to customers. Outline the structure of the business.
b. Outline a mission and vision statement for this organisation.
c. Outline PEST (Political, Economic, Social and Technological) or macro-environmental analysis to show changes that affect the industry. Show the data/facts/references to support your analysis.
d. Outline competitor analysis:
i. The strengths and weaknesses of three major current/existing competitors and one future/potential competitors.
ii. The products/services of the three major current/existing competitors.
e. Outline the current customers of this organisation. Describe the key trends of customers’ preferences/needs.
f. Analyse the business partners of this organisation. Explain how they contribute to this organisation.
External: suppliers & distributors
Internal: co-workers, managers
Task 2 – Identify business opportunities for innovation and reform
a. Analyse the organisation’s SWOT (Strengths, Weaknesses, Opportunities and Threats).

b. Describe three new business opportunities (venture) for this organisation. (Hint: Show the link to external and internal analysis).
Opportunity 1, 2 & 3 [describe]
c. Perform cost-benefit analysis of each new opportunity:

e. Identify five risk events for each opportunity. Outline a risk management analysis for each opportunity.
f. Rank the opportunities in terms of their viability and applicability to the organisation. Refer to the above criteria for ranking the opportunities:
1. The organisation’s capability assessment (strengths/weaknesses) for each opportunity
2. Financial viability
3. Organisational changes assessment
4. Risk management analysis