1.4 Developing business plans. Candidates should be able to: explain the purpose of a business plan list the contents of a business plan analyse the benefits.

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Presentation transcript:

1.4 Developing business plans

Candidates should be able to: explain the purpose of a business plan list the contents of a business plan analyse the benefits and problems of planning for small businesses give examples of possible sources of information and guidance

What is a business plan? A document designed to allow a business to plan for the f________, identify and allocate key r_________ and prepare for problems and o______________

Why is a business plan useful?

What does a business plan contain?

Resources needed to create a business plan

Problems for small business planning

Sources of help and guidance

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