Economic Sectors: Primary, Secondary, Tertiary

Max felt there was a gap in the ______.

Max has been running ______ to the Max successfully for just over two years.

Max rents a small ______ located on a busy high street.

Max has attracted some clients from his local ______, who found out that Max was offering more tailored treatments.

Max promotes his services by distributing ______ to houses in the local area.

Max was working an extra ______ hours a week compared to when he was working in other salons.

In the secondary sector private enterprises provide us with a massive amount of ______

The tertiary sector involves the provision of ______ to consumers and businesses

In the UK, the primary sector accounts for about ______ of the UK GDP

Entrepreneurs are ______ creators, as they provide new products which can be sold, thereby boosting demand and spending in the economy

In the UK economy, over ______ of the workforce is employed in the tertiary sector

On average, SMEs give ______ per cent of their turnover, equivalent to £32,000 a year

James Roupell initially accepted a joint offer of £50 000 in exchange for a ______ per cent stake in his business.

James Roupell appeared on an episode of the ______ programme.

James Roupell is the founder of ‘______ Buddies’.

James Roupell gave up the deal when he left the ______.

James Roupell felt under ______ at the time when he accepted the deal.

Deborah Meaden and Peter Jones jointly offered to invest in James Roupell’s business.

With reference to the Dragon's offer of £50 000 in exchange for a ______ per cent stake in the business, calculate their estimated value of the 'Bobo Buddies' business.

Dominic has been helping his grandmother run a small-scale business from her home making celebration ______ for special occasions such as birthdays and weddings.

His grandmother wants to retire and let Dominic take over the business as Dominic has always wanted to become an ______.

He is very passionate about what he does and is grateful to her as there are very few job ______ in the area.

Dominic helped his grandmother develop his ______-making skills which he further improved by completing a catering course at a local college.

Dominic's grandmother helped him develop his ______ skills which he further improved by completing a catering course at a local college.

A business plan provides information about a new ______ or venture.

The business plan should describe in detail the ______ opportunities the business intends to exploit.

The purpose of the business plan may be to provide a sense of ______ and purpose.

The key elements of a business plan include the ______ or executive summary.

The market research carried out needs to establish the size of the ______, the needs of the customers and the level of competition.

The marketing plan should be based on both field and ______ research.