buisness plans Flashcards
1
Q
what do you need on a business plan
A
-prices
-layout
-marketing
-idea
-branding
-location
-employees
-sales
-profits
2
Q
section one
A
about the business
3
Q
section two
A
people running and working for the business
4
Q
section three
A
result of market research
5
Q
section four
A
finance
6
Q
section five
A
aims and objectives
7
Q
section six
A
target audience/ market
8
Q
section seven
A
competitors
9
Q
disadvantages of business plan
A
-takes time to write it
- it’s only a prediction
-often wayyyy too optimistic
10
Q
advantages of a business plan
A
- means you can take out a loan
- banks and companies will ask to see it
- reminds you of the goal