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.
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
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
4
Q
What includes in the business plan
A
- Executive summary. Briefly tell your reader what your company is and why it will be successful. …
- Company Description. …
- Feasibility analysis
- operations plan,
- risk assessment
- Market analysis. …
- Organization and management. …
- Service or product line. …
- Marketing and sales. …
- Funding request. …
- Financial projections.