Podcast
Questions and Answers
Match the following with their respective components of a business plan:
Match the following with their respective components of a business plan:
Executive summary = Provides an overview of the business plan and includes mission statement and products/services Business description = Provides comprehensive description of the business, its goals, products, services, and target customer base Market analysis and strategy = Research and identify a company's primary target audience and where to find this audience Industry trends and competitors = Details regarding the industry the company plans to serve along with any trends and major competitors within the industry
Match the following with their primary purpose in a business plan:
Match the following with their primary purpose in a business plan:
Executive summary = Highlights what the business plan will cover and provides an overview of the plan Business description = Describes the industry, goals, products, services, and distinguishes the company from competition Market analysis and strategy = Researches and identifies a company's primary target audience and their location Industry trends and competitors = Provides details about the industry served by the company and its major competitors
Match the following with their recommended timing for writing in a business plan:
Match the following with their recommended timing for writing in a business plan:
Executive summary = Last, after complete understanding of the plan Business description = After the executive summary but before market analysis and strategy Market analysis and strategy = After business description but before industry trends and competitors Industry trends and competitors = Towards the end, after market analysis and strategy
Match the following with their content in a business plan:
Match the following with their content in a business plan:
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Match the following with their significance in a business plan:
Match the following with their significance in a business plan:
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