WorksheetsOne Size Does Not Fit All
Total questions: 12
Worksheet time: 4mins
The first step to outlining a business plan is pricing your product or service for customers who need what you are selling.
True
False
There are 3 steps to outlining a business plan which are:
CHOOSE ALL CORRECT ANSWERS.
having an idea for a product or service
pricing your product or service for customers who need what you are selling
outlining a business plan
making a profit
There is a one-size-fits-all business plan that fits ALL businesses.
True
False. The trick is finding one that fits YOUR business.
Your business plan should communicate to investors, partners, and employees about what you’re going to do with your business.
True
False. The trick is finding one that fits YOUR business.
Your business plan should communicate:
CHOOSE ALL CORRECT ANSWERS.
Your vision
Projected strategies
Financial forecasts
Profit
A business plan for businesses that have operated for a few years might:
CHOOSE ALL CORRECT ANSWERS.
outline metrics
list tasks or deadlines
project sales goals
list expenses
Your business plan will always be a living document because your business will change, and your business plan should be updated to reflect those changes.
True
False
Business plans are designed to speak to a specific (a) audience.
Alternative business plans offer their target audience innovative approaches that emphasize speed, flexibility, and the ability to change direction and adapt.
True
False
One alternative idea is to give a (a) presentation of your business adding a human touch into your business plan and encouraging questions and answers.
Focus on the output of the plan, not the description of your business.
True
False
Your business plan can be written, (a) , and presented in different yet acceptable ways.
