Business planning and pitching
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Question 1 of 4
Which three of the below do audiences expect to see in your business plan?
Financial analysis
A 1000-word essay on why your business will be successful
Your sales and marketing plan
An executive summary
Your full professional history, even if not relevant to your business idea
An advert for your product / service
What are you trying to convince potential investors of when you pitch them your business?
You do not need their advice or guidance as you have thought about everything
You, and your business, are a good investment
Your business will be sustainable
They will make their money back after the first year
There is a 50/50 chance your business will be profitable
Is the following statement true or false? For most entrepreneurs, the main purpose of a business plan is to secure funding.
FALSE
TRUE
Is the following statement true or false? A marketing plan can be created after you start your business.
TRUE
FALSE
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