What is Business plan

Lecture "Designing business plan - Unit 1: Introduction to Business plan" presentation of content: What is Business plan, the Business plan, a plan must pass three tests, why take the time to build a Business plan, key elements of a Business plan.

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MANAGEMENT I. THEORETICAL QUESTIONS 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. Present the four basic functions of management? Present the three kinds of managers? Present the basic management skills? Present decision making in the business operation What is SWOT analysis? Why is it necessary for a planning process? Explain the hierarchy of human needs by Maslow? Explain the theory X, Y Present centralisation and decentralisation in an organization What are some communication barriers in the workplace? Identify the main characteristics of the leadership II.

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No matter what kind or size of business you are starting, it is very important to create a business plan. It will be your road map to success. It communicates your understanding of the business and it makes reasonable assumptions and forecasts of sales, expenses, and cash flow.

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