Business Planning Flashcards

1
Q

What is the purpose of business planning?

A
  • It’s essential to a company as it helps them to achieve their objectives and strategies.
  • When I ensure I meet my company’s targets, it in turn helps me ensure I meet the clients needs.
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2
Q

When would you use a business plan?

A

To help a business grow, reach objectives and gain funding.

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3
Q

How do your company’s team meetings help with business development?

A
  • We discuss current and forth coming instructions to ensure the correct resources are in place to serve each instruction with good quality and diligent service
  • Weekly office meetings to discuss cross-selling opportunities.
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4
Q

How does discussing business development help in business planning?

A
  • Allows you to make considerations for future expenditures and if anything needs to be addressed in relation to the firm’s financial position.
  • Also allows you to assess if additional resources are required to meet firm objectives and maintain standards of service to clients.
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