06 Business Planning

Question 1

Why business plan is require?

Answer 1

• Legislative requirement

* Required for bank loan/to seek funding from investors

Question 2

What is a Business plan?

Answer 2

• Clarify your business area
• Spot potential problems ( that is basically done by using techniques such as SOWT analysis and PESTLE analysis)
• Set out your goals
• Measure your progress (that is connected to accounting/ financial progress, getting feedback from client. All these are linked to your progress)

Question 3

Start-ups business plan

Answer 3

Ø Detail the steps to start a new business
Ø details about company
Ø Services of the company
Ø Market evaluations
Ø Financial analysis (income, profit, cash flow projections)

Question 4

Internal Business Plan

Answer 4

Ø Target an audience within the business
Ø Write a plan to evaluate a proposed project
Ø Describe company's current state
Ø Project costs, hiring
Ø Cost analysis
Ø Looking at new projects/ services

Question 5

Strategic Business Plan

Answer 5

Ø Looks at how company aims to achieve their strategic goals
Ø Looks at bigger picture rather than internal
Ø How to handle unforeseen situations
Ø E.g COVID 19. recessions etc

Question 6

Typical Business Plan includes followings:

Answer 6

• Business information (name of owner, details of shareholders, their contact and address
• Staff/organization structure
• Aims (mission statement)-AECOM???
• Financial summary
• Market research
• Operational Appraisals (SWOT/PESTLE)
• Operations &logistics
• Financial budget & forecasts

Question 7

What are objectives /goals of your organizations

Answer 7

1. more profit, more clients
2. more tender wins
3. earn higher fees
4. better client retention
5. performance measurements
6. less operational costs

Question 8

what would you expect to find in a sales and marketing plan

Answer 8

1. sales projection
2. competitor’s analysis
3. market analysis
4. price analysis
5. new market
6. customer feedback

Question 9

why would you review your business plan

Answer 9

1. good practice to review coporate goals

2. allocation resources

Question 10

how would you measure the performance of your business

Answer 10

1. financial statements
2. customer feedback survey
3. client retention
4. new project wins
5. condut SWOT

Question 11

Aecom Vision

Answer 11

Our vision is a world where infrastructure creates opportunity for everyone – uplifting communities, improving access and sustaining our planet. We bring together the best people, ideas and technical expertise and partner with clients to turn their ambitions into action.

Question 12

Aecom Core Values

Answer 12

AECOM has eight core values: integrity, employees, clients, excellence, innovation, agility, safety and growth. AECOM has eight core values: integrity, employees, clients, excellence,… AECOM has eight core values: integrity, employees, clients, excellence, innovation, agility, safety and growth.