Internal Business Planning and Company X Case Study
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Questions and Answers

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?

  • Research (correct)
  • Content Development
  • Training
  • Market analysis
  • 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?

    <p>£3.5m</p> Signup and view all the answers

    Which sector was included in the client's market according to the text?

    <p>Blue chip companies, charities, public sector organizations</p> Signup and view all the answers

    In which area did the client company aim to grow their revenue from £150,000 to £500,000 pa?

    <p>Training</p> Signup and view all the answers

    What is the expected value of £100,000 invested in a business with a 60% compound growth rate over five years?

    <p>£1,000,000</p> Signup and view all the answers

    In terms of investor returns, why is identifying growth in sales without a corresponding rise in costs important?

    <p>It ensures sustainable growth</p> Signup and view all the answers

    What is the significance of scalability in achieving explosive growth according to the text?

    <p>It is essential for achieving explosive growth</p> Signup and view all the answers

    Which term describes the scale of appreciation that comes as no surprise to angel investors?

    <p>Return on investment</p> Signup and view all the answers

    What factor is crucial for an angel investor looking to achieve explosive growth in a business?

    <p>Sales growth without cost increase (scalability)</p> Signup and view all the answers

    What is one of the reasons mentioned for writing a business plan?

    <p>To determine where the company should focus its efforts</p> Signup and view all the answers

    Why is it important to gain 'buy in' from everyone concerned in the business planning process?

    <p>To ensure successful execution of the company's future strategy</p> Signup and view all the answers

    In the context of investor returns, what does a 60% annual growth rate over five years equate to?

    <p>$10(7 + 3)$ return on investment</p> Signup and view all the answers

    What challenge will business owners face when trying to sell their business according to the text?

    <p>Explaining why they are selling a business with enormous potential</p> Signup and view all the answers

    How does acquiring planning skills throughout the life of a business benefit a business owner?

    <p>It prepares the owner for future challenges and opportunities</p> Signup and view all the answers

    What is one of the reasons mentioned for writing a business plan when contemplating selling a business?

    <p>To show clearly why someone should buy the business from you</p> Signup and view all the answers

    Why is it important for business owners to start thinking about selling their businesses early on according to the text?

    <p>To allow time to showcase why someone should buy their business</p> Signup and view all the answers

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