Business plan
Flashcard
•
Business
•
9th - 12th Grade
•
Hard
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25 questions
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1.
FLASHCARD QUESTION
Front
What does a business plan describe?
Back
all of the business aspects or areas
2.
FLASHCARD QUESTION
Front
In a business plan, the size, scope, and type of business is explained in the .
Back
company description
3.
FLASHCARD QUESTION
Front
Before starting a particular business, an entrepreneur needs to determine if there is enough ____________ for the product.
Back
demand
4.
FLASHCARD QUESTION
Front
Part of the business plan that projects the income, expenses, and profits of a business over a multi-year period
Back
Financial Plan
5.
FLASHCARD QUESTION
Front
What should the aspect of the company description include?
Back
diagrams, photographs, vision and mission statement, back up description of the target market, why your idea will be successful and capture the market and why the opportunity is present.
6.
FLASHCARD QUESTION
Front
Which of the following parts of a business plan include the cash flow projection and the repayment plan? Background and History, Executive Summary, Market Research, Financial Plan
Back
Financial Plan
7.
FLASHCARD QUESTION
Front
True or false: A business plan is important for businesses seeking funding?
Back
true
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