Business Planning Flashcards
1
Q
What is Maces Business Plan?
A
2026 20% profit growth 10% reduction of emissions Reduce gender and ethnicity pay by 10% 8,000 employees
2
Q
How do you contribute?
A
Apprenticeship scheme
3
Q
Types of business plan?
A
Strategic
Operational
Growth
Financial
4
Q
Example of a short medium and long term goal?
A
Short - increase nr of employees
Medium - expanding into different countries
Long term - different service providing
5
Q
What are the sections of a business plan?
A
Executive Summary. Company Description. Market Analysis. Organization & Management. Service or Product Line. Marketing & Sales. Funding Request. Financial Projections.
6
Q
How could covid impact business plans?
A
Home working
Investment in technology
Retain workforce
Targetted clients (public)
7
Q
What is a business plan vs strategy plan?
A
Targets in the business plan
A strategy on how to achieve
