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TLE 102 BUSINESS PLAN PARTS

Authored by Shane Roslin

Instructional Technology

Professional Development

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TLE 102 BUSINESS PLAN PARTS
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6 questions

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1.

MULTIPLE CHOICE QUESTION

10 sec • 5 pts

What is the document that defines in detail a company's objectives and how it plans to achieve its goals?

Journal

Diary

Business Plan

Book Guideline

2.

MULTIPLE CHOICE QUESTION

10 sec • 5 pts

This is the first section of your business plan and provides a quick  overview of what you want to accomplish with your business. This  should comprise the mission statement followed by a description of the services and/or products you provide.

Executive Summary

Business Description

Goals and Objectives

Financial Projection

3.

MULTIPLE CHOICE QUESTION

10 sec • 5 pts

The name of the business, and its location, can be described in this section. It should be noted here that there be an effort to detail the work that went into making even these basic decisions.

Executive Summary

Market Analysis

Business Description

Organizational Management

4.

MULTIPLE CHOICE QUESTION

10 sec • 5 pts

This part of the business plan explains how much money the business now needs, when is it needed, and what the business plans to do with it.

Financial Layout

Funding Requirements

Financial Projection

Accounting Portion and Department

5.

MULTIPLE CHOICE QUESTION

10 sec • 5 pts

This section demonstrates your plan to make a profit using realistic numbers with a basis in research or firm's pro forma.

Funding Requirements

Financial Projection

Goals and Objectives

Executive Summary

6.

MULTIPLE CHOICE QUESTION

10 sec • 5 pts

What is the section in the business plan that will demonstrate your understanding of your specific market as well as your industry as a whole?

Funding Budget

Market Analysis

Goals and Objectives

Summary

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