Part 1 Prepare work and collect data for a business plan: explain the purposes of a business plan; identify the business objectives and collect supporting information for the business activity for which a plan is to be prepared; identify the legal and insurance implications of the business objectives; discuss the feasibility of proposals with others; estimate resource requirements to design, produce, promote and sell the goods or service; produce a flowchart illustrating estimated time-scales; identify potential support for the plan; prepare an action plan identifying actions to be taken to finalize the business plan for its presentation. Part 2 Produce and present a business plan: describe and explain business objectives for a business enterprise; outline a marketing plan for a business enterprise; outline a production plan for a business enterprise; outline the resource requirements for marketing and production; produce financial data and forecasts to support a business plan; identify monthly profit and loss and balance sheet monitoring and review procedures for the business plan; present and explain a business plan to an audience. Part 3 Plan for employment of self-employment: identify and give examples of types of employment or self-employment; identify statutory requirements for employment or self-employment; identify sources of information and collect information for employment and self-employment; identify opportunities for employment and self-employment; analyze and discuss skills to support employment or self-employment; propose a personal plan for employment or self-employment.
