1.6 business planning

Beschreibung

Year 10 Business Studies Karteikarten am 1.6 business planning, erstellt von Jack Macklin am 24/01/2018.
Jack Macklin
Karteikarten von Jack Macklin, aktualisiert more than 1 year ago
Jack Macklin
Erstellt von Jack Macklin vor mehr als 6 Jahre
8
1

Zusammenfassung der Ressource

Frage Antworten
Business plan A document setting out what a business does and what it hopes to achieve in the future
Revenue The income that a firm receives from selling its goods or services. It is measured by the number of units sold multiplied by the price
Fixed costs Costs that do not change when a business changes its output. eg. rent
Positives of a business plan It can outline key points of a business. Helps you to think about how you'll lay out your business. Also it is a good way for others to look at your business.
Negatives of a business plan The plans cannot prepare you for future problems like a depression. As well as this managing costs and payments in a business plan while it can be key can be very difficult.
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