4.0 Business Planning

• What are the uses for a business plan?

  Secure finance

  Show the future vision of the business

  Consider opportunities and risks

  Help the business make decisions

  Make sure the business has the necessary resources
• What are the sections of a business plan?

  Business Idea

  Aims of Business (Mission Statement)

  Financial Information

  Owner's CV

  The Marketing Mix

  The location of the business

  Type of workers to be employed