IBT Practice Final- Business Plan

Front

The Executive Summary

Back

is what the reader most likely will read first, should generate enough interest to make someone want to read further, should stand out by delivering a strong message.

Front

Distribution means to _________

Back

Deliver

Front

Part of the business plan that projects the income, expenses, and profits of a business over a multi-year period

Back

Financial Plan

Front

This section of your business plan, will explain how the business will be managed on a day-to-day basis.

Back

Operational Plan

Front

This section of the business plan will help determine your financial needs.

Back

Financial Management

Front

A business plan is a written document that describes all the steps necessary for opening and operating a successful business.

Back

True

Front

A business plan is NOT intended for: Your competition, Potential investors, Your bank, None of the above

Back

Your competition

Front

This page includes a compelling story to persuade the reader that the business is going to succeed backed by evidence.

Back

Executive Summary

Front

What describes the several job duties that need to be completed in your business, which vary depending on the type of business? Options: Product/Service Plan, Company Description, Management Team Plan, Competitive Analysis

Back

Management Team Plan

Front

This page should tell us about the nature of your business, the products and services you offer, who you will serve, and how you will remain competitive.

Back

Company Description