Creationmof A Business Plan

Question 0

Key features of a business plan…

Answer 0

• product or service to be made
• marketing mix
• production plan
• premises and equipment needed
• human resources involved
• sources of finance
• profit and loss forecast
• cash flow forecast

Question 1

Purpose of a business plan…

Answer 1

• help planning
• can often trigger new ideas whilst writing
• helps raise capital