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Business Plan Quiz

Total questions: 10

Worksheet time: 5mins

Name
Class
Date
1.

1. It is where the business plan comes in, it provides investors, lenders, and potential partners with an understanding of your company's structure and goals.

a)

Executive Summary

b)

Company Description

c)

Market Analysis

d)

Competitive Analysis

2.

2. It includes key information about your business, goals and the target customers that you want to serve.

a)

Executive Summary

b)

Company Description

c)

Market Analysis

d)

Competitive Analysis

3.

3. This is where you show that you have a key understanding of the ins and out of the industry and the specific market you plan to enter.

a)

Executive Summary

b)

Company Description

c)

Market Analysis

d)

Competitive Analysis

4.

4. A good business plan will present a clear comparison of your business versus your direct and indirect competitors.

a)

Executive Summary

b)

Company Description

c)

Market Analysis

d)

Competitive Analysis

5.

5. This outline how your organization is set up, it introduce your company managers and summarizes the skills and primary jobs responsibilities.

a)

Description of Management and Organization

b)

Breakdown of your Product and Services

c)

Marketing Plan

d)

Sales Strategy

6.

6. This is where you should mention your suppliers, as well as other key information about how much it will cost to make your products and how much money you are hoping to bring in.

a)

Description of Management and Organization

b)

Breakdown of Products and Services

c)

Marketing Plan

d)

Sales Strategy

7.

7. This is where you describe how you intend to get your products and services in front of your target customers.

a)

Description of Management and Organization

b)

Breakdown of your Products and services

c)

Marketing Plan

d)

Sales Strategy

8.

8. It answer how will you sell your products that you are building or carry out the services that you intend to offer.

a)

Description of Management and Organization

b)

Breakdown of your Products and Services

c)

Marketing Plan

d)

Sales Strategy

9.

9. This section focuses on the amount of money that you need to set up your business and how you plan to use the capital that are raising.

a)

Marketing Plan

b)

Sales Strategy

c)

Funding

d)

Financial Projections

10.

10. This sections breaks down the financial goals and expectations that you've set based on the market research.

a)

Marketing Plan

b)

Sales Strategy

c)

Funding

d)

Financial Projections