Business Start-ups – exercise in writing a business plan
Can you supply the missing words in this transcript of the recording? You will need to write between 20 and 30 words in each paragraph.
A Introduction
Do you know …………….. Have you ……………….. Have you any idea what the ……………..
B Perhaps you’ve …………….. and put some money …………….. and now want to put some money …………….. But how do you ……………….. Probably the first thing to do if you feel you are …………….. business and that your business idea is a good one is to ……………..
C The Proposal
Your business plan should begin with a …………….. – say why it is a …………….. and how much …………….. You should …………….. It should …………….. but not …..………… and you must explain how you intend to ……………..
D The Product
Describe it in simple terms: what it is and how it is used. Say what its unique selling proposition is, or …………….. How …………….. Is it in the …………….. or is it ……………….. What is ……………..
E Financial Projections
Usually it is the sales figures which are the …………….. You will need to describe your …………….. You should include ……………..
F The Potential Market
The preparation of …………….. – how many will you sell and when? At what price? Plan your …………….. Set out your ……………..