Business Planning Flashcards
1
Q
What are the common headings you would expect to find in a business plan?
A
- Financial Plan
- Business & Industry Overview
- Market Analysis
- Competitive Analysis
- Sale & Marketing Strategy
- Ownership (Legal Structure)
- Operating Plan
2
Q
Under what regulation were you being audited during the audit you mention in you summaries of experience?
A
ISO 9001 - for quality assurance and consistency of service
3
Q
What is a business plan?
A
It is a written document which describes the business and helps to clarity the business ideal and set goals and how achievements are measured over a period of time. They are a requirement for investment - bank loans need a business plan
4
Q
What different forms of business vehicle are available?
A
- Sole practitioner
- Partnership
- LLP (Limited Liability Partnership)
- Limited Company
- PLC (Public Limited Company) - C&W now
