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Unit 20: Business Health Check

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UNIT 20: BUSINESS HEALTH CHECK
Get assignment help for this unit at assignmenthelpuk@yahoo.com
LO1 Understand the focuses of the business
Focuses: current positioning of business, priorities, successes, distracters, current/future aims (short-, medium- and long-term), strengths and weaknesses, stakeholders, sources of advice and guidance, potential for business improvement Factors impacting on the business: external, internal, resources, opportunities, threats
LO2 Be able to develop plans for businesses
Review: areas eg products/services, marketing, sales, finances, staffing; effectiveness, overall business performance, business image, record keeping Business planning: forecasting eg for marketing and sales, design, productivity, quality, service, financial management systems; roles and responsibilities of staff and management, performance monitoring, laws and regulations (including updating), action planning, timescales, risk assessment, appropriate sources of advice, relevant information, information handling and administration
LO3 Be able to evaluate and develop skills of management and staff
Evaluate: monitor performance to include current experience, skills and abilities (technical, operational, managerial); effect of current performance on the business, assess targets set, other relevant information, make informed judgements Planning and development: assessing re-skilling/up-skilling needs, setting clear targets, linking skills targets to business targets, advice and training, costs/benefits analysis Support and advice: free and paid-for help, personal contacts, networks, fees, limitations of advice and support, record keeping
Get assignment help for this unit at assignmenthelpuk@yahoo.com
UNIT 20: BUSINESS HEALTH CHECK
Learning outcomes and assessment criteria
Learning outcomes
On successful completion of this unit a learner will:
LO1

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