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Chapter24 - Coggle Diagram
Chapter24
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SWOT ANALYSIS= strengths, weaknesses, oppourtunity, threats.
- The business team ~ The people involved in the business including their educational details amd past experiences.
- Costings and finance ~ How much it costs to produce and sell the product ect.
- Production ~ An outline of all premises and equipment available to the business.
A business plan is a written description of business's aims, stragies , target markets and financial forecasts. It explains what the business plan to do and how it plans to do it.
- Background of the business ~The name and address of the business.
Planning............SMART ~ Specific, Measurable, Agreed, Realistic, Timed
- Structure of the business ~ The legal structure of the business (sole trader, partnership, private limited company or franchise)
- Market and marketing ~ A brief description of the market.
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