Review 2 Business Plans | Reliable Papers

BSBMGT617 Assessment 1 – Review 2 Business PlansFor this task, you are to analyse the strengths and weaknesses of 2 other business plans as provided by your trainer.(Please review Jolly Java Bakery and Sample Business Plan – Hospitality provided in Learner Resources)This means you will be in groups:• Brainstorming the ideas and concepts of the business plans with your group.• Determine if the business plans are clear and specific in their content.• Did the business plans include realistic financial information.• Did the business plans include realistic proposed expenses.• Did the business plans include any legal and compliance requirements.• Did the business plans cover any research on its market and potential.• identifying areas that would work effectively in the business plans.• Identifying areas that would cause issues or be ineffective in the business plans.Note: This task will require you to present your analysis and findings to your workgroup.You are to document your review of the two business plans covering the above points and submit it to your assessor formarking.Submission status Attempt numberThis is attempt 1 ( 5 attempts allowed ).Submission statusNo attemptGrading statusNot gradedLast modified–Submission commentsComments (0) Dashboard ► My courses ► Hospitality ► SIT60316 – Advanced Diploma of Hospitality Management ► SIT60316 – 2021 ►BSBMGT617 Develop and Implement a Business Plan ► Assessments ►BSBMGT617 Assessment 1 – Review 2 Business PlansADD SUBMISSIONYou have not made a submission yetNAVIGATIONDashboardSite homeSite pagesMy coursesHospitalitySIT50416 – Diploma of Hospitality ManagementSIT60316 – Advanced Diploma of Hospitality ManagementSIT60316 – 2021SIT60316 – Adv Diploma of HM – General InformationSITXFIN005 Manage Physical AssetsSITXMPR007 Develop and Implement Marketing StrategiesBSBMGT617 Develop and Implement a Business PlanParticipantsCompetenciesGradesGeneralZoom Class RecordingsLearner ResourcesLearner VideosOnline Lecture RecordingsAssessmentsBSBMGT617 Assessment 1 – Review 2 Business PlansBSBMGT617 Assessment 2 – Develop Business PlanBSBMGT617 Assessment 3 – Implement a Business PlanBSBMGT617 Assessment 4 – Monitor Business PlanWritten AssessmentEvidence SubmissionBSBFIM601 Manage FinancesSITXWHS004 Establish and Maintain a Work Health an…BSBRSK501 Manage Risk© Copyright VIT (Victorian Institute of Technology Pty Ltd) 2019-2020Victorian Institute of Technology Pty Ltd. City Campus Address: Level 14, 123 Queen Street, Melbourne, Victoria 3000AustraliaPhone: (61) 1300 17 17 55 Email: [email protected] RTO No: 20829 CRICOS Provider No: 02044E ABN: 41 085 128 525You are logged in as shehan mihidukulasuriya (Log out)BSBMGT617-2021Moodle 3.5.12 (Build: 20200704)