Business Plan

Is an idea for a new business that can be tested.​

• Business Concept
• Business Plan
• Benefit
• Demand

​ Label this distribution channel:

Label this distribution channel

is something that promotes or enhances the value of the product or service to the customer.​

• Benefits
• Demand
• Supply
• Business plan

The process used to test a business concept is called?

• Feasibility Analysis

• Business plan

• Business concept

• Competitive grid

The amount or quality of goods or services that consumers are able and willing to buy is called

What allows you to organize important information about the competition

• Demand

• Competitive grid

• Feasibility Analysis

• Direct Distribution

A ___________is a document that describes a new business. It explains to ​lenders and investors why the new business deserves Financial support.

• Business concept

• Demand

• Business plan

• Financial statements

Why do you need a business plan?

• To explain your idea

• the ability to get financing.

• it's a road map that sets objectives and goals for the business.

• To help reduce the risk of business failure.

• All of the above.

How a company will make customers aware of its products/services

• Marketing Plan
• Industry Overview
• Product and Service Plan
• Growth Plan