EDEXCEL GCES BUSINESS 1.4.4 BUSINESS PLANS (COMPLETE LESSON) 144
This lesson includes a PowerPoint and a worksheet and covers:
The role and importance of a business plan:
● to identify: the business idea; business aims and
objectives; target market (market research); forecast
revenue, cost and profit; cash-flow forecast; sources of
finance; location; marketing mix.
The purpose of planning business activity:
● the role and importance of a business plan in minimising risk and obtaining finance.
Written by Sarah Hilton for Revisionstation
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