Business Location/Plans Flashcards

1
Q

Things that affect a business choice of location

A

The market
Labour
Materials
Competitors

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2
Q

A business plan has to be

A

Smart
Measurable
Applicable
Relevant
Time-bound

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3
Q

What is a business plan

A

A plan to help a business
function

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4
Q

Sections of a business plan

A

People
Finance
Competition
Operations
Marketing
Aims/Missions
Forecasts
Product Service

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5
Q

Aims

A

The broad direction of the where the business is going to go

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6
Q

Objectives

A

Goals that mark where the business is going

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