BUSINESS PLANNING Flashcards
Tell me about your involvement with business planning.
I am part of the wider business plan and develop my personal goals around the business goals.
What types of businesses are there?
Partnership - all liable.
Limited liability partnership - not equally liable.
Limited Company - own ‘person’ / entity.
What are the corporate objectives of your firm?
- Growth - sustainability, occupier services, bolster public sector.
- Occupational - connected working, Teamship, new website.
How do you work towards these in your role?
Open sustainable dialogue and recommend our in-house specialists.
What are some of the typical things you’d find in a business plan?
Long term goals, short term goals, market research, opportunities, fee targets.
Why is relationship building important for your role?
Word of mouth and good relationships is paramount
What is a SWOT analysis?
Strengths Weaknesses Opportunity Threat analysis.
What insurance types have you dealt with and what risks have they protected against?
Professional Indemnity Insurance to protect against professional negligence.
