Business Plans Flashcards

0
Q

Why have a business plan?

A
  • Direction and structure
  • Measure success
  • Secure finance
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1
Q

What is a business plan?

A

A written report showing what a business plans to do and what it needs to do to achieve its aims and objectives

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2
Q

What are the 10 steps of a business plan?

A
  1. Mission/aims
  2. Objectives
  3. Market environment
  4. Competition
  5. Info/product/service
  6. Marketing
  7. Distribution
  8. Funding
  9. Forecast
  10. Time
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