Business Location/Plans Flashcards
1
Q
Things that affect a business choice of location
A
The market
Labour
Materials
Competitors
2
Q
A business plan has to be
A
Smart
Measurable
Applicable
Relevant
Time-bound
3
Q
What is a business plan
A
A plan to help a business
function
4
Q
Sections of a business plan
A
People
Finance
Competition
Operations
Marketing
Aims/Missions
Forecasts
Product Service
5
Q
Aims
A
The broad direction of the where the business is going to go
6
Q
Objectives
A
Goals that mark where the business is going