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.
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
3
Q
What is another useful tool related to business planning?
A
SWOT analysis
4
Q
What is considered crucial to plan future business activities?
A
Fee forecasts.
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.
6
Q
A