buisness plans Flashcards

1
Q

what do you need on a business plan

A

-prices
-layout
-marketing
-idea
-branding
-location
-employees
-sales
-profits

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

section one

A

about the business

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

section two

A

people running and working for the business

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

section three

A

result of market research

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

section four

A

finance

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q

section five

A

aims and objectives

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
7
Q

section six

A

target audience/ market

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
8
Q

section seven

A

competitors

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
9
Q

disadvantages of business plan

A

-takes time to write it
- it’s only a prediction
-often wayyyy too optimistic

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
10
Q

advantages of a business plan

A
  • means you can take out a loan
  • banks and companies will ask to see it
  • reminds you of the goal
How well did you know this?
1
Not at all
2
3
4
5
Perfectly