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A business plan.
Most small businesses have very limited resources. Research is costly and can seem like a poor use of time. Some entrepreneurs ignore planning and analysis and instead rely on their gut instinct. They launch products they believe customers want and competitors cannot match.
Poor planning is a major cause of business failure. [page 4] the UK must now compete in increasingly competitive international markets where the proliferation of knowledge, technological advances and the information revolution mean that labour market demand for those with higher level education and training is growing, particularly in business, and that there is a greater premium on the products of the country's research base.
Learning Objectives. To understand four different main approaches to the analysis and explanation of social class differences in educational achievement [ Unit 4a].
Criminology is the study of crime, criminality and how it relates to social inequality, victimhood and different sections of society: the media, prisons and the courts. Students need to understand how business planning assists in the setting up of a business and the raising of finance.
Students should know the main sections of a business plan. Students will not be expected to write a business plan. Teacher Resource Bank / GCSE Business Studies / Scheme of Work Unit 1 / Version 10 required in a business plan, and its function in terms of determining of the business and the plan’s use in attracting finance.
Whereas time needs to be spent on understanding the main sections of a business plan, the emphasis should be placed .Main sections of a business plan gcse past