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WorksheetsBusiness Plan Quiz
Total questions: 10
Worksheet time: 5mins
What is a business plan primarily intended to do?
Present information on the entrepreneur's personal life
Outline the entrepreneur's favourite hobbies
Convince stakeholders that the business will be successful
Share details of the entrepreneur's high school education
Which of the following is NOT included in the format of a business plan?
Financial Budget
SWOT Analysis
Management Plan
Contents Page
The section of a business plan where you describe what product or service will be offered is:
Goals of the business
Production Plan
Marketing Plan
Description of the product or services offered by the business
What should a business plan clearly explain about the location of the business?
The street address
Proximity to the entrepreneur's home
Size of the building
Description of the location
Which section of a business plan might provide information on the competition in the market?
Management plan
Production plan
SWOT analysis
Financial plan
The goals of a business plan include:
Discussing the entrepreneur's failures
Explaining the vision and goals of the business
Outlining the entrepreneur's financial plan
Ignoring any long-term planning
What does the SMARTER approach help with in a business plan?
Setting financial budgets
Identifying short-term, medium-term, and long-term goals
Creating the business logo
Selecting the business name
A business plan might assist an entrepreneur in obtaining:
Favouritism from the bank
Financial resources
Why is a cover page essential in a business plan?
To list all the employer's future plans
To provide key details and make a professional impression
Which of the following is typically NOT an element of a business plan's cover page?
Business logo
Name of the entrepreneur
Executive summary
