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Final Business Idea Unit 1 P4. My Business What does your business do? Where is it located? What type of ownership is it? (ie franchise, sole trader,

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Presentation on theme: "Final Business Idea Unit 1 P4. My Business What does your business do? Where is it located? What type of ownership is it? (ie franchise, sole trader,"— Presentation transcript:

1 Final Business Idea Unit 1 P4

2 My Business What does your business do? Where is it located? What type of ownership is it? (ie franchise, sole trader, partnership etc)

3 Features of my business What is your USP (Unique selling point) – what makes your business different from the competition? Who will your competitors be?

4 Who are your customers? Who will be your main customer range? How will you make sure your meet their needs and target them properly?

5 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?

6 STEP Analysis How will the following factors effect your business? What will your business need? Social Technological Equipment Personal

7 Justification Why did you decide to chose this business? Is there a demand or gap in the market? How would your business benefit Folkestone?

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