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WorksheetsQuarter 4: ENTREPRENEURSHIP (Week 1-2)
Total questions: 26
Worksheet time: 13mins
What is a Business Plan?
A written description of a new business venture that describes all aspects of the business.
An oral description of a new business venture that describes all aspects of the business.
A written description of a new business venture that describes some aspects of the business.
A written description of a new business venture that describes the business informally
A business plan helps entrepreneurs to focus on...
What they want to do & How will they do it?
Where am I going?
Why am doing this?
Can I really do it?
The checklist to start a venture includes questions such as...
Who are my main competitors? How will I produce?
Where do I begin? How much will my product go?
Is my product very nice?
Do other people have a business like mine?
Part of a business plan
Mission Concordance
Business Description
Business Importance
Visionary
Product and Service plan of the business plan includes or describes...
Your main competition
Provides an outline of the business
Describes the business opportunity and explains why the venture will succeed
Include the unique features of your products or services and possible spin-offs.
In the management team part of the business plan you present and describe....
Present your qualifications and those of any partners you might have
Discuss the vision of the company
Describe the nature of the business
Gives an explanation of the mission of the business
In your business plan it is important to include your competition?
No
Yes
Only if it is a big business
It is optional
It can be helpful to have or to make a checklist to start a venture?
It is not recommended
No
Yes
It is optional. Only if you have time to complete it.
Product and Service plan of the business plan includes or describes...
Describes the product or service you want to offer.
Provides an outline of the business
Describes the business opportunity and explains why the venture will succeed
Include other businesses services
In the management team part of the business plan you present and describe....
Presents only the qualifications of the manager
Discuss your competition
Describe the nature of the business
Describe the team’s capabilities to execute your business concept
Parts of a business plan
Mission Statement
Business Talk
Business Importance
Statement for Business
Part of a business plan
Industry Overview
Business Talk
Business Importance
Managing People
