How you would manage those proposed changes at your SBE

Unit 33 Small Business Enterprise - Level 4 (Diploma in Business)

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Task 1

Question 1 Produce a profile of your chosen small business enterprise (SBE). The profile of the SBE should identify its three SMART objectives, context and competition in which it is operating, strengths and weaknesses and key performance indicators/ measures.

Question 2 Carry out an analysis of your SBE using any three different comparative measures of performance.

Task 2

Question 1 Based on the findings in Task 1.1, recommend with justification, appropriate actions to overcome the weaknesses in your SBE you identified

Question 2 Based on the findings in Task 1.1, and 1.2, analyse ways in which existing performance of your SBE could be maintained and strengthened.

Question 3 Based on the findings in Task 1.1, and 1.2, recommend with justification, any two new areas in which your SBE business could be expanded.

Task 3

Question 1 Produce an assessment of existing business objectives and plans of your SBE. What are good and bad points in the existing business objectives and plans of your SBE and why?

Question 2 Based on your assessment in task 3.1, prepare a revised business plan to incorporate appropriate changes to overcome weakness of exiting plan.

Question 3 Prepare an action plan to implement the changes you identified in order to strengthen the performance of your SBE.

Task 4

Question 1 Now write a report on the impact of those changes on the operations of your SBE and its personnel

Question 2 Plan how you would manage those proposed changes at your SBE.

Question 3 Write a report, how you would monitor improvements in the performance on the operations of the chosen business over next two years.

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