(Solved): Part 1: Business Plan You have saved AUDS50,000 for starting a business. However, more money is nee ...

Part 1: Business Plan You have saved AUDS50,000 for starting a business. However, more money is needed to start your dream business. You have approached a bank and the bank manager has asked for a business plan. According to the bank manager, the business plan should include the following information: 1. Name of the Business 2. Location (including country) and address 3. Owner(s) 4. Nature of the Business (Product or service) 5. Existing capital and suppliers of the capital 6. Future plan for next two years 7. Amount of additional funding required and the reasons why do you need the additional funding Required: Prepare a business plan for submission to the bank (5 marks).