business planning

Question 1

definition of business plan

Answer 1

is a document that a bus creates before start up.

Question 2

what do the sections of a business plan include?
list 6

Answer 2

1) the idea/product
2) market research
3) production/operations
4) finance
5) people/ HR
6) marketing

Question 3

what do planning ideas include?
list 12

Answer 3

1) training
2) adverts
3) equipment (fixtures, fittings or decor)
4) funding
5) location ( target aim, cost)
6) product research
7) promotion
8) USP ( unique selling point)
9) bus name
10) lego
11) brand
12) competition

Question 4

what is the purpose of business planning?
list 6

Answer 4

1) help bus decisions
2) help to set out finance for the bus
3) target set ( measure success)
4) help to stop failure
5) potential investors will want to see your bus plan to evaluate whether they should invest or not
6) can judge if the idea should go forward