Business plan

Beschreibung

Year 11 Business Studies Mindmap am Business plan, erstellt von AyItsLily I am 24/04/2018.
AyItsLily I
Mindmap von AyItsLily I, aktualisiert more than 1 year ago
AyItsLily I
Erstellt von AyItsLily I vor mehr als 6 Jahre
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Zusammenfassung der Ressource

Business plan
  1. Business plan: A formal statement of business goals, reasons they are attainable, and plans for reaching them (AO1)
    1. Purpose...
      1. - Gives the business direction (AO1)
        1. - Can show investors you can succeed (AO1)
          1. - Helps organise goals (AO1)
          2. Plan-do-review cycle: A method used to achieve key departmental tasks, which should mean that the business reaches its strategic objectives (AO1)
            1. How it can improve performance...
              1. - Forces a strategic approach on those setting objectives (AO1)
                1. - Each department will be more focussed on achieving the results (AO1)
                  1. - Able to evaluate the appropriateness of objectives AO1)
                    1. - Encourages kaizen – continuous improvement in the business (AO1)
                    2. - The level of knowledge of the person making it (AO4)
                      1. - How well it meets the business objectives (AO4)
                        1. - How well communicated it is (AO4)
                          1. - Able to plan for future problems (AO3)
                            1. - Able to focus more on meeting customer needs (AO3)
                              1. - Able to identify customer wants and attract new consumers (AO3)
                                1. Contents...
                                  1. 1) Cover page (AO1)
                                    1. 2) Background and purpose (AO1)
                                      1. 3) Market analysis (AO1)
                                        1. 4) product/service development (AO1)
                                          1. 5) marketing (AO1)
                                            1. 6) Financial data (AO1)
                                              1. 7) Organisation structure/management (AO1)
                                                1. 8) Ownership (AO1)
                                                  1. 9) Risk factors (AO1)
                                                    1. 10) Conclusion (AO1)
                                                    2. A&D's...
                                                      1. + Helps ensure direction (AO3)
                                                        1. - High expectations may lead to over expenditure (AO3)
                                                          1. + Easier to communicate objectives (AO3)
                                                            1. - Doesn't guarantee success (AO3)
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