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Why is a business plan written before a business starts trading?
A
It guarantees the business will make a profit before money is spent, such as customers, prices, location and equipment.
B
It raises finance automatically before money is spent, such as customers, prices, location and equipment.
C
It avoids the need for market research before money is spent, such as customers, prices, location and equipment.
D
It tests practical decisions before money is spent, such as customers, prices, location and equipment.
Card 1 of 21
1.6 Business planning Flashcards
21 flashcards on AQA GCSE Business 1.6 Business planning: the key terms, formulae and case studies you need to recall for Paper 1 and Paper 2.