BSB60407 Advanced Diploma of Management
Assessment task 1 Analysis a business plan Business plan 1: 1. Read the business plan Opportunity-Provide an alternative to client unhappy with their current provider-Clean record-Flexible and adaptable to clients needs-Low start-up costs-Personalised service – training is conducted by the people who own the company and who meet with the clients. This is a level of commitment other training organisations may not have. Target local area-Able to visit trainees and clients more regularly-Reduce costs to the business-Knowledge of the local area and ability to market our business as ‘local’ Competitive market place-As above Funding-Market training as a business benefit not an opportunity to attract incentives-Offer a range of training service outside of traineeships Threat-Unknown in the market place-No references from former clients-Private RTO’s will provide the greatest threat to Quality training. They are often national providers and such as, can provide services to business with franchise or branches in other states.-Several competitor in the market Competitive market place-Many RTO’s and training organization competing for business. Funding- Reliance on government funding (which is attractive to clients). Compare and contrast with textbook structure and layout In the comparison of the textbook layout the layout of the Quality Training is acceptable. The layout of this business plan is according to the business plan criteria and it provides clear information as a business plan. The lay out is easy to read and understand. It gives us a clear picture of the Quality Training and its goal, mission and objectives. Quality and relevance of information D……………………
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