Business planning

Question 1

What are the key components of a business plan?

Answer 1

1. Business strategy
2. Marketing
3. Team structure
4. Finance budgeting
5. Contingency plan

Question 2

What are the key objectives for your own business unit?

Answer 2

1. Providing good advice to clients.
2. Meeting client requirements.

Question 3

What are the things discussed in regular team meetings?

Answer 3

1. New instructions
2. Upcoming projects
3. Local market discussions
4. Allocation of workload - to those who are most competent

Question 4

Aim of Annual Corporate conferences?

Answer 4

Understand the wider/core business objectives so able to align our work on both a macro and micro level.

Question 5

What are AY Corporate Objectives?

Answer 5

1. Powered by People
2. Use of Emerging Tech

Question 6

AY corporate social responsibility policy?

Answer 6

Social - helps within the community/ day of giving/ healthier workplace environment

Environmental - reduce carbon emissions to net zero in our offices by 2030/ reduce reuse recycle

Economic - encouraging sustainable development and manufacturing processes to clients/ minimising office waste

Question 7

How can a business monitor its performance?

Answer 7

1. Benchmarking
2. Feedback from clients
3. KPIs