Business Planing Flashcards

1
Q

What is Vision & Mission

A

-Vision is what a business wants to be
( Best contractor in the Country within next 10 Years )
-The mission how going to achieve the set objectives in the mission.

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2
Q

What are the steps of business palaing

A

-Setting up the vision and mission
-internal external analysis
-Setup targets and Develop strategies
-monitor setup strategies

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3
Q

How to set up a business target :

A

Should be a SMART target
S- Specific
M-Measurable
A-Achievable
R- Realistic
T-TImebound

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4
Q

What includes in the business plan

A
  1. Executive summary. Briefly tell your reader what your company is and why it will be successful. …
  2. Company Description. …
  3. Feasibility analysis
  4. operations plan,
  5. risk assessment
  6. Market analysis. …
  7. Organization and management. …
  8. Service or product line. …
  9. Marketing and sales. …
  10. Funding request. …
  11. Financial projections.
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