The new edition of Writing Your Plan for Small Business Success shows you how to prepare and use a business plan for your own small operation. The book is a practical guide for anyone wanting to start or already in a small business. The book is also an essential text for students studying small business management.The book is divided into two parts.
Part A provides guidelines for the step-by-step building of a business plan.
Each chapter has examples to illustrate key points.
Exercises and quick quizzes are also included in each chapter to test students' understanding.
Chapter 8 refers to the completed business plan.
It tells students how to implement a plan, how to use the plan to measure the success of business results and how to change a plan if unforseen events occur.
Assessment activities, with assessment criteria and rating scales, are provided in Chapter 9.
In Part B, sample plans are shown for different kinds of small business situations.
By following the guidelines provided in this book, a student will be able to prepare and use a sound business plan for their own small operation.
New To This Edition
* The new edition is aligned to the appropriate BSTP competency
* Expanded Financial and Legal coverage makes the text more useful for teachers and students
* Also included is a new business plan for an Internet-based small business
* New formatting for the texts business plans make them clearer and easier for teachers and students to use
* The useful websites, referred to in the text, have been expanded, updated and cited at relevant points in the text
* All relevant legislation has been updated within the text.
Features and Benefits
* Exercises within each chapter check understanding of concepts
* Examples within each chapter illustrate concepts
* Quick Quizzes at the end of each chapter revises a student's grasp of facts
* Assessment Activities review application of the material
* Sample Business Plans are given for a range of small business situations
* Glossary of business planning terms
* Answers to quick quizzes.
Table of Contents
Part A: Preparing Your Business Plan
* Understanding Business Planning
* The Business Profile
* The Marketing Plan
* The Production Plan
* The Purchasing Plan
* The Personnel Plan
* The Financial Plan
* The Completed Business Plan
* Assessment Activities
Part B: Sample Busines Plans
* Business Plan of Carla's Café
* Business Plan of Kate's Bush Tours
* Business Plan of Mike's Building Co
* Business Plan of Tony's Online Bookstore
* Business Plan of Chris & Kerry's Typing Services
Glossary of Business Planning Terms
Useful Websites
Answers to Quick Quizzes
Index
About the Authors
Ian Birt is a qualified accountant and registered tax agent.
He has been providing financial advice to small businesses for more than 20 years.
He currently teaches Recordkeeping, Budgeting and Tax Procedures for Small Business, in the TAFE system.
Ian is an experienced author who currently has five small business books published with Pearson Education Australia.
Target Audience
This new edition has been written to cover the elements and performance criteria of the core Small Business BSTP competency:
* BSBSBM404A Undertake business planning'
This competency can be co-assessed with:
* BSBSBM401 Establish business and legal requirements (Birt, Legal Aspects of Your Small Business, 2e)
* BSBSBM402 Undertake financial planning (Birt, Achieving Financial Success in Your Business, 2e)
This text also covers the Learning Outcomes of the NSW Small Business Module: 9787C Business plan
It also addresses the Learning Outcomes of the NSW Accounting Module: 9434K Preparing a business plan.
