CrtBussStartUp U4: DEVELOPING A BUSINESS PLAN

Hiring employees

Preparing a business plan

Launching a marketing campaign

Securing a location

A marketing budget

A plan for how the business will operate

A list of potential clients

A schedule for product launches

By eliminating the need for cash flow forecasts.

By providing actual figures to compare with forecasts.

By ensuring constant cash inflow.

By reducing expenses automatically.

It identifies which activities need to be done first.

It removes the need for prioritization.

It focuses only on marketing strategies.

It guarantees all activities are equally important.

By assigning responsibility for each area.

By removing individual responsibilities.

By focusing only on profits.

By ignoring team roles.

A list of competitors

Features of the products and services

Financial projections

Employee details

It describes the business location

It explains why customers will buy from you

It lists the business expenses

It provides employee roles

Employee training programs

Size and type of market accessed

Office furniture details

Company mission statement

How you will make or buy goods and supply services

The history of your business

Your personal hobbies

The color scheme of your office

To support the business owner

To expand globally

To win awards

To create a large social media following