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Flashcards in Business Planning Deck (6)
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1

What is the purpose of a SWOT and PESTLE analysis?

The SWOT helps understand internal products through each SWOT

A pestle analyses macro external factors impacting on future business operation

2

Why is it important to include staff resource requirements in a business plan?

This enables appropriate resources to align with future business operation

3

How does your day to day role help the company achieve its targets in the business plan?

I ensure my work is on time and of high quality to ensure we retain and attract new clients - expanding the business.

4

Why is a business plan important?

Helps identify weaknesses
To make sound decisions
Communicate ideas with stakeholders

5

What financial information is included in a business plan?

Financial projections

6

Give an overview of the companies act?

Incorporation process

Directors duties

Shareholder rights

Company Naming rules

Solvency