Answers
A written document outlining a business's goals and the strategy for achieving them, including detailed plans and financial forecasts
The process of identifying, assessing, and prioritising risks to a business and implementing strategies to manage them
The specific group of consumers a business aims to serve, identified through market research
The combination of product, price, place, and promotion strategies used to market a business and its products
The initial concept or proposal for a new business or product, forming the foundation of a business plan
A financial statement that estimates the flow of cash in and out of a business over a certain period
The process of gathering, analysing, and interpreting information about a market, including potential customers and competitors
Various options for obtaining funds to start or expand a business, such as loans, crowdfunding, or investment
The physical place where a business operates, critical for accessibility to customers, materials, and labor
The specific goals and targets set by a business, guiding its strategy and operations
Predictions about the future financial performance of a business, including revenue, costs, and profit forecasts