Business Planning Flashcards

1
Q

What is the VOA cost recovery business model?

A

Based on the fees charged covering the costs of the business. They are calculated to ensure VOA can continue to compete for work.

They are not for profit.

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2
Q

Why is it important to correctly record time?

A

Value for money for the client

So we are accurately charging the client

Forecasting for future work and tendering for future work

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3
Q

What is the importance of attending business meetings?

A

So I know the targets of the business.

I’m up to date with targets and ongoing things within the agency.

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