INTRODUCTION TO ENTREPRENEURSHIP
DEFINITION OF ENTREPRENEURSHIP
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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SWOT analysis
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what to expect
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planning
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time frame
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Detailed explanation-1: -Your time frame represents how far out into the future you want to plan. you want to grow your business successfully for your years and years, but that does not mean your current business plan goes all the way to forever. A business plan covers a unique planning period.
Detailed explanation-2: -You also need to make it clear what timeframe the business plan covers-this will typically be for the next 12 to 24 months. The plan needs to include: The marketing aims and objectives, for example how many new customers you want to gain and the anticipated size of your customer base at the end of the period.
Detailed explanation-3: -A business plan is a document created by a company that describes the company’s goals, operations, industry standing, marketing objectives, and financial projections. The information it contains can be a helpful guide in running the company.
Detailed explanation-4: -No. 1-You can predict strong revenue months. Your business plan should determine your strong revenue months, while also finding opportunities for repeat business from customers. No. 2-A regular SWOT. No. 3-Three month goal. No. 4-Insights are important.