Questions #134-152 (Andrew)

The process of keeping the financial records of a business is known as?

Accounting.

In which way can an existing business benefit from writing a business plan?

Acquire funding for a new idea.

In which section of the business plan will Jaalyn put extra supporting information?

Appendices.

Before London takes her new product to a mass audience, she wants to write a business plan to?

Assess a new product or promotion.

Which of the following parts of a business plan includes the history of the business?

Company Description.

The overall purpose if accounting is to?

Control the finance of the business.

The part of the business plan that gives an overview of the entire document is the?

Executive summary.

In which of the following sections of the business plan will you find the cost estimates and the effect of each cost on the company?

Financial Plan.

The part of the business plan that discusses where funding for specific projects will come from is called the?

Financial Plan.

Since Tyler needs to examine the methods used to reach his company's goals, he wants to write a business plan to?

Implement a strategic plan.

In which section of his business plan will Abe discuss each key manager's skills?

Management team.

In which section of the business plan would you find an examination of competitors' activities?

Market analysis.

In which section of the business plan would you find evidence of customer interest in a new product?

Market analysis.

Because Gannon wants his company to become the main supplier for a prominent local business, he to write a business plan to?

Obtain a specific contract or agreement.

While preparing to sell their consignment shop, Erin and Evan are to write a business plan to?

Place a value on the business.

Since Shauna's company will build a new facility next year, she wants to write a business plan to?

Prepare for an expansion.

Evan will discuss his company's seven services in which part of the business plan?

Product(s) offered

Which section of the business plan shows how the business intends to handle public relations?

Strategy and implementation.

Which of the following parts of a business plan list all of the document's sections with their page number?

Table of contents.