What is a business plan?
What is a business plan?
A business plan is a written document setting out what a business will do and how it will do it. It is prepared before trading starts, so figures such as sales, costs and profit are forecasts rather than records of what has already happened.
Step-by-step lessons on Edexcel GCSE Business 1.4.4a The role and importance of a business plan. Each one builds up to exam-style questions. Start by mastering business terminology and the functional areas (marketing, finance, operations, HR) before moving on to the extended, evaluation-heavy questions that carry the most marks.