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.
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
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.