Podcast
Questions and Answers
What was identified by Company X as one of the UK's leading educational consultancies?
What was identified by Company X as one of the UK's leading educational consultancies?
- External market influences
- Internal aspects of the business
- Business growth opportunities
- The need for a three year business plan (correct)
Which area within the client company was regarded as the fastest growing field?
Which area within the client company was regarded as the fastest growing field?
- Research (correct)
- Content Development
- Training
- Market analysis
What was described as an unpredictable source of revenue for Company X?
What was described as an unpredictable source of revenue for Company X?
- Training
- Business growth opportunities
- Research
- Content Development (correct)
What was the client company's aim for their gross income within the next two to three years?
What was the client company's aim for their gross income within the next two to three years?
Which sector was included in the client's market according to the text?
Which sector was included in the client's market according to the text?
In which area did the client company aim to grow their revenue from £150,000 to £500,000 pa?
In which area did the client company aim to grow their revenue from £150,000 to £500,000 pa?
What is the expected value of £100,000 invested in a business with a 60% compound growth rate over five years?
What is the expected value of £100,000 invested in a business with a 60% compound growth rate over five years?
In terms of investor returns, why is identifying growth in sales without a corresponding rise in costs important?
In terms of investor returns, why is identifying growth in sales without a corresponding rise in costs important?
What is the significance of scalability in achieving explosive growth according to the text?
What is the significance of scalability in achieving explosive growth according to the text?
Which term describes the scale of appreciation that comes as no surprise to angel investors?
Which term describes the scale of appreciation that comes as no surprise to angel investors?
What factor is crucial for an angel investor looking to achieve explosive growth in a business?
What factor is crucial for an angel investor looking to achieve explosive growth in a business?
What is one of the reasons mentioned for writing a business plan?
What is one of the reasons mentioned for writing a business plan?
Why is it important to gain 'buy in' from everyone concerned in the business planning process?
Why is it important to gain 'buy in' from everyone concerned in the business planning process?
In the context of investor returns, what does a 60% annual growth rate over five years equate to?
In the context of investor returns, what does a 60% annual growth rate over five years equate to?
What challenge will business owners face when trying to sell their business according to the text?
What challenge will business owners face when trying to sell their business according to the text?
How does acquiring planning skills throughout the life of a business benefit a business owner?
How does acquiring planning skills throughout the life of a business benefit a business owner?
What is one of the reasons mentioned for writing a business plan when contemplating selling a business?
What is one of the reasons mentioned for writing a business plan when contemplating selling a business?
Why is it important for business owners to start thinking about selling their businesses early on according to the text?
Why is it important for business owners to start thinking about selling their businesses early on according to the text?
