Unit 2: Business Planning

The Key to any Business Success is Business Planning!

The second topic in our Advanced Diploma of Wedding Business is an overall introduction to business planning.

Throughout this topic you will be introduced to terms and concepts, perhaps you are not that familiar with- but bare with me- learning these terms are crucial to starting and running a successful wedding business!

At this stage, this topic is just letting you see the big picture. You will revisit this topic at the end of the course. So don’t worry if it doesn’t make total sense!

We highly recommend you work through all the activities and extra information that is mentioned below. If you get stuck, please don’t hesitate to contact your facilitator or if you are not sure of the answer, write down what you think and leave it until we revisit the topic later in the course.

We are looking forward to working with you on this journey!

You are not expected to submit any assessments in this topic, you will submit the assessment items later in the course.

This topic comes complete with an accredited unit of competency once you have completed the assessments.

The unit is BSBSMB404A Undertake Small Business Planning.

Workbook

The below link is the document you will be referring to most. This document will help you work through the different activities, extra readings, power points and videos as required.

Remember if you have any questions please do not hesitate to contact your facilitator.

Download : Undertake Small Business Planning Workbook

This workbook will step you through all the activities and readings required to complete this unit of competency

Business Plan Templates and Resources

Download : BusinessPlanTemplate

Download : BusinessPlanGuide

This template has been designed by the government to ensure you include the most relevant information.

This document that you will create is designed is a living document, in other words, you will constantly add, update or even change the direction of your company based on your plan.

This template is also useful when applying for finance from prospective investors.

This document is your prospective business, make it your own by adding logos, and adding your personal flavor to this document.

This document is also found at this website:

http://www.business.gov.au/Information/business‐plan‐template‐and‐guide/Pages/default.aspx