Business plan 0.0 / 5 ? Business StudiesBusiness PlansASWJEC Created by: Rhys33Created on: 05-12-18 14:32 What must a business objective be? Specific, measurebale, achieveable, realistic and time bound (SMART) 1 of 6 Break even formula Fixed costs/(Selling price per unit-gross margin) 2 of 6 What must a business plan include? (5) Finacial information, personal information, production plan, purpose and contents 3 of 6 USP Unique selling point 4 of 6 3 advantages of a business plan Considers all aspects of a business, incresed probability of investments and keeps the business on track 5 of 6 3 disadvantages of a business plan Costly, may have to change due to external factors and it is only a predicition 6 of 6
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