ENTREPRENEURSHIP

ENTREPRENEURIAL PLANNING

BUSINESS PLAN DEVELOPMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Details regarding how many staff the business will need to employ, their pay rates and job descriptions would be found in which section of a business plan?
A
Finance
B
Human resources
C
Marketing
D
Operations
Explanation: 

Detailed explanation-1: -The key components of your human resources business plan should include your organizational structure, the philosophy and needs of your HR department, the number of employees you want to hire, how you plan to manage them, and all the estimated costs related with personnel.

Detailed explanation-2: -Executive Summary This is the first section of your business plan and provides a quick overview of what you want to accomplish with your company. This should comprise the mission statement followed by a description of the services and/or products you provide. Use this basic outline: Description of the business.

Detailed explanation-3: -Overview of a Business Plan A business plan includes the cost of organizing the business, the anticipated sources of revenue, how the products and services are customer oriented, and anticipated profit margins. Business plans serve two main purposes.

There is 1 question to complete.