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Business Plan
Business Plan
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A Quiz to test your knowledge on Business Planning
Flashcards
10 cards
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Practice quiz
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Questions
10
Answers
1
What comes first in the
Business Plan
?
Executive Summary
Background and History
Company Description
Cover Sheet & Table of Contents
2
What should you put in
"Background and History"?
Explain what experience and skills you bring to this venture
Explain what you want to do with the company
Give an elaborate description of your childhood
Explain a descriptive story of a business man
3
What is the most important part of the
Business Plan
?
Executive Summary
Company Description
Cover Sheet & Table of Contents
Background & History
4
What describes how you determined the product or service was appropriate to the market?
Executive Summary
Market Research & Marketing Plan
Background & History
Company Description
5
What is the
Start-up Plan?
It explains your income/profit and outcome
It explains how to you became and entrepreneur
It explains when and where you plan to start the business
It explains how your business will operate
6
What is the
Business Plan
?
the plan to create a business
a plan for what you want to do when you grow up
a written description of a new business venture
a manuscript describing the growth in a business's stocks
7
What is the
Company Description
?
A detailed description of the company's goal and purpose
A detailed description of the company's finance and market
A detailed description of the company's staff and board
A detailed description of the company's architecture
8
What is the
Financial Plan
It explains how your business will operate
It explains when and where you plan to start the business
It explains your income/profit and outcome
It explains how to you became and entrepreneur
9
What is the
Operational Plan
It explains your income/profit and outcome
It explains how your business will operate
It explains how to you became and entrepreneur
It explains when and where you plan to start the business
10
Why is the
Executive Summery
the most important?
it tells you more about the author
it introduces you to the company executives
gives a summary of the company and its goals to the readers
it explains the process of creating a company
