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www.copleycomputing.weebly.com for extra revision materials Business Types Partnership Sole Trader Private Limited Company (Ltd) PUBLIC Limited Company (PLC) What type of company do you think Hik U is? Give reasons for your answer…

www.copleycomputing.weebly.com for extra revision materials Business Objectives Hik U Business objectives are …

Changing Business Objectives www.copleycomputing.weebly.com for extra revision materials Changing Business Objectives Why might Hik U change their objectives during the year Circle the reason above you think is the most important and write the reason for this below….

www.copleycomputing.weebly.com for extra revision materials Business Planning What goes into a business plan? Plans are important to a business because… What specific things should Hik U have in their business plan for the following year ? Relate this to the scenario.

www.copleycomputing.weebly.com for extra revision materials Business Plan (cont..) Using the previous page, and your own notes, can you create business plan that Hik U may use? Business Name: Type of Business: Business Description: Business Products: Business Objectives: Contingency Plan: Target Market for products:

www.copleycomputing.weebly.com for extra revision materials Stakeholders A stakeholder is …. Internal for Hik U External for Hik U Which stakeholder do you think is the most important for Hik U – give your reasons below…