• Join over 1.2 million students every month
  • Accelerate your learning by 29%
  • Unlimited access from just £6.99 per month

A business plan is a detailed statement that sets out proposals for a new business.

Extracts from this document...

Introduction

Business Plan 1. A business plan is a detailed statement that sets out proposals for a new business. The reason business plans are made is because it explains the ways in which existing businesses could be developed. Planning a business involves researching and collecting information, and analysing and presenting this information in a way that decisions could be made. Business plans should contain the following: * A summary outlining the proposals key features. * Statements of the businesses aims and objectives * A description of the business to be started. ...read more.

Middle

2. A business plan consists of three plans. They are financial plans, marketing plan and operation plans. The financial plan includes the sources of finance that are used to run the business with, a balance sheet and cash flows and budgets. The marketing plan is all about how you're going to promote your business. This may consist of promotion, target market, which the competitors of the business are and the prices of products. The operation plan is basically how the business will be operated. ...read more.

Conclusion

* Accountant would have an interest in a business because * Owners and shareholders would also be part of a business because they have a part of a business as they own a part of it. * Suppliers would also be a part of the business because that's where businesses get their stock and products from. * Investors in a business would also be interested in a business because they help people set up businesses. Such as banks, shareholders and venture capitalist. 4. The uses of a business plan are ...read more.

The above preview is unformatted text

This student written piece of work is one of many that can be found in our GCSE Business, Companies and Organisation, Activity section.

Found what you're looking for?

  • Start learning 29% faster today
  • 150,000+ documents available
  • Just £6.99 a month

Not the one? Search for your essay title...
  • Join over 1.2 million students every month
  • Accelerate your learning by 29%
  • Unlimited access from just £6.99 per month

See related essaysSee related essays

Related GCSE Business, Companies and Organisation, Activity essays

  1. Tesco Research

    This is greatly done by tactical managers. Ways in which more accurate business information may be produced from raw data A number of different data processes can be used to transform data into information. Data are raw facts or observations that are considered to have little or no value until

  2. English for business

    I chair meetings and take the floor. I order a cake as I like to eat sweets. I go home late in the evening, very tired. I have supper and I eat some fruit. I listen to the news on TV. I go to bed and I have nice dreams.

  1. Business plan for a new shop.The business idea I am going to be presenting ...

    Start Up Costs Cost � Running Costs Cost � Staff Salaries �150,000 Premises �5,000 Insurance Premiums �350 Fixtures & Fittings �3,000 Rent or Lease Payments �600 Furniture �1,000 Raw Materials �40,000 Equipment �2,000 Electricity �250 Production Machinery �700 Gas Water �300 Clothing & Equipment �10,000 Loan Repayments �0 Initial Stock

  2. Business Studies

    Must have knowledge of all the laws in the residing country Businesses outsource legal advice such as; * Company law * Taxation law * Financial system regulations * Industrial relations law - Dispute resolution > If accused of illegal practise a business may be charged with a criminal offence or

  1. Business studies - Business Plan

    I will also be looking at how much it costs me to make my product and how much I have to sell to cover my costs, I will also be producing a cash flow forecast to help me estimate the amount of money that should be coming into my business.

  2. Free essay

    Write a business plan which I would set up within my school.

    * When I shall be opening my shop= every week day lunch time. * Where it shall be held= Sc2 * And the average amount being spent per customer = �6 14 Market Research For my market research I shall provide a questionnaire with a series of quantitative, qualitative, open and closed questions.

  1. Business Plan. After putting a lot of thought into what kind of business we ...

    I also believe that the name is neither complicated nor hard to remember so it will appeal to my target market, which is teenagers. I have done a lot of research into other milkshake companies to confirm that I am not copywriting another businesses name as this would be breaking

  2. tesco aims and objectives

    if Tesco were to over stock and no one were to buy the organic food then they would land themselves into sizeable lost. Thanks to the marketing department careful investigation into this product field any such incidents didn't occur. Tesco successfully added organic food to their previous range of products

  • Over 160,000 pieces
    of student written work
  • Annotated by
    experienced teachers
  • Ideas and feedback to
    improve your own work