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?
A 1000-word essay on why your business will be successful
Financial analysis
An advert for your product / service
Your sales and marketing plan
An executive summary
Your full professional history, even if not relevant to your business idea
What are you trying to convince potential investors of when you pitch them your business?
Your business will be sustainable
They will make their money back after the first year
You, and your business, are a good investment
You do not need their advice or guidance as you have thought about everything
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.
TRUE
FALSE
Is the following statement true or false? A marketing plan can be created after you start your business.
FALSE
TRUE
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