Unit 1 P4 Name………………………………… Final Business Idea Unit 1 P4 Name………………………………… 02/05/2019
My Business What does your business do? Where is it located? What type of ownership is it? (ie franchise, sole trader, partnership etc) 02/05/2019
Features of my business What is your USP (Unique selling point) – what makes your business different from the competition? Who will your competitors be? 02/05/2019
Who are your customers? Who will be your main customer range? How will you make sure your meet their needs and target them properly? 02/05/2019
Aims & Objectives Include one Aim (overall target) You must include 2 SMART objectives for your business Why will your business be profitable? What are your price ranges? 02/05/2019
STEP Analysis How will the following factors effect your business? What will your business need? Social Technological Equipment Personal 02/05/2019
Justification Why did you decide to chose this business? Is there a demand or gap in the market? How would your business benefit Folkestone? 02/05/2019