In this informative PowerPoint Presentation I cover:
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.
I have also attached a business plan activity sheet which can be used with students to remember the key points and understand how to construct a business or personal plan.
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