Part of the reason for working through the whole process of a business plan is to minimise risk. In effect, business planning is actually one long decision making process. A business plan is also about:
Learning Portfolio
Complete exercise 16 in your Learning Portfolio.
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- ANZ Business Insights has information about benchmarking for many industry sectors.
- The ANZ financial benchmarking tools are simple and easy to use and are designed to assist you to benchmark the performance of your business against your industry and peers.
- The Australian Bureau of Statistics is a useful source of research information . Other federal, state and local government resources are also readily available online.