You are a Business Consultant in a small Business Consultancy Firm and have been invited by a small sized business enterprise to provide orientation to them about the various aspects of business development. This organization does not have small business enterprise experts. Being small sized, it has a flat structure and the Chief Executive Officer (CEO) deals with the business issues himself. In the wake of increased workload and to further streamline the business, the CEO plans to outsource the business development planning to your company. You have agreed to offer your services under a short-term contract which seems to be the best possible arrangement for this company due to shortage of funds. Before signing the contract, you have been asked to provide a report to the CEO of this potential client. Task Prepare a report mentioning the importance of developing business skills needed in reviewing and managing the performance of a small enterprise. In addition, it should state how useful it is to focus on the processes involved, through change management, of reviewing and improving the performance of a small business enterprise. The report must also feature the revrevision of business objectives and plans to incorporate proposed changes. It should also highlight the monitoring of improvements in the performance of the business over a given timescale. In your report, you will address the following (make suitable assumptions about the organization if needed, for your analysis):  In the above scenario of a small business enterprise, produce a profile of a selected small business identifying its strengths and weaknesses.  Carry out an analysis of the business using comparative measures of performance.  Recommend with justification, appropriate actions to overcome the identified weaknesses in the business.  Analyse ways in which existing performance could be maintained and strengthened. Recommend with justification, new areas in which the business could be expanded.  Produce an assessment of existing business objectives and plans.  Revise business plans to incorporate appropriate changes.  Prepare an action plan to implement the changes.  Report on the impact of the proposed changes on the business and its personnel.  Plan how the changes will be managed in the business.  Monitor improvements in the performance of the business over a given timescale. To achieve M1, you will have used research skills and creative thinking ability to prepare an action plan to implement the changes at your workplace and relate them to the performance. (LO3) To achieve M2, you will have to analyze ways in which existing performance could be maintained and strengthened. To achieve M3, the report you write will be appropriately structured with appropriate formatting. In addition, you are required to use academic English and business terminology accurately. To achieve D1 you will have to prepare an action plan to implement the changes. You also need to revise business plans to incorporate appropriate changes. You have to recommend with justification, appropriate actions to overcome the identified weaknesses in the business in a chosen enterprise. To achieve D2, you will have demonstrated an effective approach to independent research and study and will have met the deadline to submit the tasks and achieve the unit assessment criteria. To achieve D3, you will have to plan how the changes will be managed in the business and report on the impact of the proposed changes on the business.