3h business plans Flashcards
what is a business plan?
A business plan is a document that outlines a business’s goals and objectives, as well as strategies to achieve them.
What are the nine parts of a business plan?
Support documents Corporate social responsibility Financial plan Business owners Operations plan Product Marketing plan Executive summary Business brand
What is an Executive summary?
The executive summary is an overview of the business plan that is included at the beginning of the report. It will provide a brief description of a business’s philosophy, the products being sold, and the strategies to achieve business objectives.
What is a philosophy?
A philosophy is the beliefs and attitudes that a group or individual wants to uphold.
What is a business brand?
The business brand section outlines what a business believes to be its vision and what sets it apart from other businesses. It could include the name, logo and slogan of a business.
What is a slogan?
A slogan is a memorable phrase that is used by a business in advertising
What are business planning tools?
Business planning tools include any method of sourcing, organizing or analyzing business information in order to better plan business success.
