WorksheetsStart Up Business plan
Total questions: 14
Worksheet time: 15mins
What is the most important part of your business plan?
(a)
Which of these is not a part of the Executive Summary?
An outline of all salaries to be paid
An overview of your business idea
A description of your product and/or service
Your proposed target market.
The Executive Summary should be one or two pages in total.
True
False
This section of the business plan explains the basic elements of your business.
(a)
This is a brief explanation of your company’s reason for being.
(a)
How long should the mission statement be?
5 sentences
1 or 2 sentences
a paragraph
10 sentences
What questions should the company philosophy and vision address?
How much profit you want to make?
What do you ultimately want it to become?
What values does your business live by?
Do want to become bankrupt?
This refers to the long-term outlook for your business.
(a)
These are long- and short-term targets as well as any milestones or benchmarks you will use to measure your progress.
(a)
This sections explains who your target customers are.
(a)
What do the words sole proprietorship, LLC, partnership or corporation refer to in the plan?
The marketing structure of the business
The legal structure of the business
The online structure of the business
The advertising of the business
This section refers to what you sell and how it will be manufactured or provided.
(a)
Every business needs to solve a (a) that its customers face.
What should you have in your description of products and servics?
Any proprietary features that give you a competitive advantage
How you want people to help your business grow and make a lot of money
How you will price your product or service
The problem the product or service solves
