• 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

    Staff that is diligent and committed to their work might need appraisal and the HR department will forward the names of Tesco staff that is loyal enough to be granted promotion. This will be based on the information that the Human Resource department has at the time.

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

    It is a long term financing arrangement of typically 10 to 30 years. A mortgage is simply the name given to a long term loan which is secured on property. Government Grants are several systems of government grants that apply in Northern Ireland to assist businesses financially.

  1. tesco aims and objectives

    Tesco already has a large number of loyal customers, so what Tesco has done is taken advantage of this and simply started offering financial services, which would help gain customer loyalty. Nowadays people are working more and have a steady income.

  2. English for business

    d.Who recommended this particular hotel to you? e.When would you like to see round the factory? f.Are you traveling alone? g.How long are you planning to stay? h.Has he been here before? Imagine you're having dinner with Mr. Johnson who is visiting your country for the first time. Write down ten questions beginning like this: * Are...?/Is...?

  1. Business studies - Business Plan

    Finally I shall be looking back at everything and I will evaluate all of it, I will look at what went they way expected and the problems that have occurred and how I plan to solve them. I will also briefly look at how external and internal factors can affect my business in way I can and can't control.

  2. Applied Business Unit 1

    If they're product quality falls below standard or if the products are not demanding than the aims and objectives need to be changed. If they're staff are using dishonest methods and are stealing from the company then not only the aims and objectives have to be changed but also the staff.

  1. Business Studies

    reports are to be prepared, such as the lengths of the financial year - Some businesses may use shorter accounting periods to obscure transactions that will affects the business's profitability. - They also monitor transactions and the recording of the transaction, meaning that if either goods are sold or sales

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

    would like and then for us to make it into a milkshake. After the product has been created, the customer can select from a variety of toppings such as syrup, extra chocolate, Oreos, etc. The Name of the Business Any person or company uses a name to represent a business.

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