Business Plan Flashcards
1
Q
What is a Business Plan?
A
A summary of what the business is about and it must convince people that the business will succeed.
2
Q
4 main reasons of a Business Plan
A
Get Investors.
To allow an entrepreneur to evaluate the viability of a business idea.
Improve operation.
Evaluate success and places to improve.
3
Q
Components of a Business plan
A
Front page
Table of contents
Description of what they offer
goals of the business
The business owner
Production plan
Marketing plan
Management plan
SWOT
