Business Planning Flashcards

(6 cards)

1
Q

What are some things you consider in relation to business planning?

A

How M1 Agency markets its business in the short and long term using a number of marketing and promotion techniques.

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2
Q

What is usually included within a business plan?

A

Analysis of the opportunities and risk of the business and the resources required to service clients

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3
Q

What is another useful tool related to business planning?

A

SWOT analysis

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4
Q

What is considered crucial to plan future business activities?

A

Fee forecasts.

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5
Q

If you were to set up a business plan as a sole practitioner, how would you do it?

A

Outline business purpose and how you would achieve it.

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6
Q
A
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