BUS3ENT - Individual Business Model And Plan - Australian Based Profit Business Venture - Business Assignment Help

BUS3ENT Individual Business Model And Plan Australian Based Profit Business Venture Business Assignment Help

Assignment Task:

Description of Task 
Prepare a Business model and plan for an Australia-based, branciew, fc.- r(pAit business venture that you might enter into in the future. This should be different from the business idea which has already been used and presented in the group assessment. 

Individual assignment, report format with headings and sub-headings, 1.5 spacing to be used. Make sure that you have also reviewed and followed the additional guidelines on LMS about the suggested structure and more specific instructions for this assessment. 

1. Section headings

• Introduction (a clear introduction of the business idea, make sure that first time readers can understand your business idea)

• Business Model Canvas (please make the full use of the Business Model Canvas template)

o Customer Segments

o Value Proposition

o Customer Relationships

o Channels

o Key Activities

o Key Resources

o Key Partners

o Revenue Structure

o Cost Structure

• Planning

o Market

o Operations and Technology

o Human Resources

o Finance References 

2. Business Model Canvas (please make the full use of the Business Model Canvas template.
Additional information/clarification can be added if necessary, but please be aware of the word limit and balance with other parts of the report)
Customer Segments
Value Proposition
Customer Relationships
Channels
Key Activities
Key Resources
Key Partners
Revenue Structure
Cost Structure

3. Market
(where possible, please support this session with relevant research, facts and figures)
The following (but not limited to) major questions are to be addressed:
3.1. What is the size of the market? Is the market at full capacity?
3.2. What is the growth rate of the industry? How competitive is the industry? What keeps new competition from entering this market (barriers to entry)?
3.3. Is there any trend that is affecting positively or negatively firms in the industry?
3.4. How can the market be segmented?
3.5. Who and Where are the targeted customers?
3.6. Where are customers getting the product now? Who are the major competitors in the market and how strong are they?
3.7. Where is the location of the business? How many customers would potentially purchase from you?

4. Operations and Technology
(where possible, please support this session with relevant research, facts and figures)
The following (but not limited to) major questions are to be addressed:
4.1. What are the options for developing the technology (customer, off the shelf, design by yourself, or subcontract)?
4.2. What technological changes are changing or emerging that may affect the business?
4.3. What are the options for producing the product or service? (in-house, subcontract, license, joint venture or partnership, or a combination of those options).
4.4. What are the options for sales and distribution? (in-house, whole sale, distributors or sales representatives, license, joint venture or partnership, or combination)
4.5. What resources are required for development and are they available to you (skills, raw materials, components, suppliers, facilities & equipment etc)?

4.6. What are the laws and regulation relating to the business? (e.g. industry standards or regulations, personal certifications, intellectual property (patents, trademarks, copyrights), environmental liability, etc)
4.7. Has the research discovered any moral or ethical issues that you might have to address? Please also refer to the marking rubric in subject learning guide for more information about
this criteria)

5. Human Resources
(where possible, please support this session with relevant research, facts and figures)
The following (but not limited to) major questions are to be addressed:
5.1. What technical and management experience is required?
5.2. Who are the owners and what are their roles? (Entrepreneur, Manager, Technical Expert etc)
5.3. What is the ownership structure?
5.4. What are the manpower requirements?
How many employees will you need in the 1st, 2nd and 3rd years?
How will you find the right employees?
How will you compensate employees (pay for time, for production, for knowledge, or a combination)?
How will you motivate employees?
What training will they need on an ongoing basis?
5.5. What is the company’s growth strategy?
How will quality be managed and maintained?
How will organizational structures change with growth?
What career paths will employees have available?

6. Finance
(where possible, please support this session with relevant research, facts and figures)
The following (but not limited to) major questions are to be addressed:
6.1. What are the projected Revenues from the sale of your product or service?
From the market research, what is the selling price per unit?
From the market research, what is the projected sales volume in units sold?
What is the total expected revenue?
6.2. How much is the start-up costs and equipment/capital costs (see attached Appendix 1 for the template)?
6.3. Prepare the projected Profit and Loss statements for the first 3 years

4. What are the possible sources of financing?

Where is the money from?
What are the chances of getting the money?
What will you have to give up?

This Business Assignment has been solved by our Business Assignment Experts at onlineassignmentbank. Our Assignment Writing Experts are efficient to provide a fresh solution to this question. We are serving more than 10000+ Students in Australia, UK & US by helping them to score HD in their academics. Our Experts are well trained to follow all marking rubrics & referencing style.