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 full professional history, even if not relevant to your business idea
An executive summary
Your sales and marketing plan
An advert for your product / service
What are you trying to convince potential investors of when you pitch them your business?
There is a 50/50 chance your business will be profitable
They will make their money back after the first year
You, and your business, are a good investment
Your business will be sustainable
You do not need their advice or guidance as you have thought about everything
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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