Business Plan Vocabulary Quiz

The last section to write for the business plan is usually the 

This section comprises National, Industry, and Local Trends that will affect the business?

The Executive Summary can also take the form of this ?????

This plan describes how you will compete in the marketplace.

The general pattern of expansion and contraction that the economy goes through is known as the?

All of the following Factors are included in the Business Environment Section except one ?

A description of how entrepreneurs plan to make money with their business concept.

A comprehensive document that enables an entrepreneur to develop a business strategy

The Management Team Plan contains all of the following except?

Products, pricing strategy, location, and promotional strategies are also known as ????

This plan section includes activities assigned to specific individuals ?

The Executive Summary is important because if not done well the reader may not ???

This section focuses on the purpose of the business, the products, & the management philosophy

The Overview of the entire business plan is found in what section?

In order to secure financing this section must be as detailed as much as possible.

The Financial Data Section will contain all of the following except.

The Business Concept contains all of the elements except one.

The Mission Statement section also contains a ___________.

This section summarizes the plan by pointing out the assumptions and risks involved.

This section indicates to bankers and investors that management can run the business.