business plan Flashcards
1
Q
what is a business plan?
A
a document of a business proposal
2
Q
what are the advantages?
A
it eliminates risks and it acts as a guide.
3
Q
what is the first thing it should contain?
A
aims and objectives
4
Q
what else should it contain?
A
revenue, costs, profit, cashflow, sources of finance, marketing mix and target market
