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Business plan

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Business plan

  1. 1. Business Plan Creating a small business New Literacy Set project 2015-2017
  2. 2. INTRODUCTION The first condition to be met for starting a business is an analysis of the economic sector which intends to initiate in respect of:  Territory, from the point of view of socio-demographic and infrastructure.  Necessary resources to start.  Validity of the project, tested with the Canvas and Lean models.  Entrepreneurial skills.
  3. 3. BUSINESS CONCEPT BBC. (2017). BBC Bitesize GCSE. http://www.bbc.co.uk/education/guides/zrvb9j6/revision
  4. 4. FINANCIAL CYCLE Get revising. (2017). https://getrevising.co.uk/revision-cards/economics_unit_2_3
  5. 5. BUSINESS CYCLE BBC. (2017). BBC Bitesize GCSE. http://www.bbc.co.uk/education/guides/zrvb9j6/revision
  6. 6. TYPES OF INDUSTRIES PRIMARY SECTOR SECONDARY SECTOR TERTIARY SECTOR
  7. 7. FINANCIAL BALANCE (SOURCES AND USES) Businesses need finance to: Start up a business. Run the business. Expand the business.
  8. 8. FINANCIAL BALANCE (SOURCES AND USES) Sources of finance can be classified as: Internal sources of finance. External sources of finance. These sources can be: Short term Long term
  9. 9. EQUITY CAPITAL AND BORROWED CAPITAL https://www.youtube.com/watch?v=5ll0mKg6-yI
  10. 10. BUSINESS PLAN https://www.youtube.com/watch?v=PDWvcsTloJo
  11. 11. BUDGET AND MANAGEMENT CONTROL REVENUE is the income earned by a business over a period of time. REVENUE = PRICE x QUANTITY
  12. 12. BUDGET AND MANAGEMENT CONTROL COSTS are the expenses involved in making and trading a product. BBC. (2017). BBC Bitesize GCSE. http://www.bbc.co.uk/education/guides/zrvb9j6/revision
  13. 13. BUDGET AND MANAGEMENT CONTROL PROFIT is what is left from revenue after paying all costs. PROFIT = TOTAL REVENUE – TOTAL COSTS
  14. 14. CROWDFUNDING https://www.youtube.com/watch?v=h-yff2Ord80

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