business plan and budget | My Assignment Tutor

==== For this activity you need to use the Business Plan template provided to you. Your business plan and budget must address: A clear analysis of the business vision, mission, values and objectives for the new businessCustomer needs analysisDetails of the consultation process for the establishment and growth of the business, including the details of key stakeholders you plan on consultingCompetitor analysis for the proposed type of construction (e.g. renovation, new homes, extensions, other.) and the location the business intends to tradeSWOT analysis for the businessRisk management strategies for minimum of three (3) potential risksMarketing strategyKey performance indicators and other measurements to be used to monitor business growth, progress, and the achievement of business objectivesContingency plans to be implemented in the event that the business does not achieve its goals, including lack of start-up capital and insufficient incomeResourcing requirements for establishment and growth for the first 12 months of operation, including:Premises and facilitiesEquipmentHuman resources including details of required skills for each staff memberExternal contractors and services including costA detailed budget which clearly specifies the required capital for start-up based on the determined resource requirements, as well as the ongoing income required based on the estimated resources requirements for the first 12 months of operationA balance sheet displaying the assets and liabilities relevant to the business upon start-upA profit and loss forecast statement displaying the sales and expenses and expected cash flowLegal requirements that you must comply with to set up and operate the business, including details of the legislation and how you will comply with it. Must include:Company registrationTrading name registrationABN registrationLegislations and Codes that you must comply with to operate the business, including details of the legislation and how you will comply with it and details of any required permits or licencesRecord keeping requirements for all operational and financial documentation, including:Progress claims (processing, verification and reconciliation against the contract)Sales, Cost of Goods Sold, Gross profit, expenses and net profitGST and PAYG paymentsSuperannuation contributionsPublic Liability, Professional Indemnity and WorkCover InsuranceAny relevant permits and licenses