BUISENESS MANAGEMENT
BUSINESS PLANNING
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Maria wants to start her own laser hair removal clinic; however, she lacks experience and is very fearful of her business failing. Which of the following establishment options would be best suited for Maria?
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Buying a franchise
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Starting up a new business
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Buying an existing business
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All of the above
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Explanation:
Detailed explanation-1: -The primary purpose of a business plan is to establish your plans for the future. These plans should include goals or milestones alongside detailed steps of how your company will reach each step. The process of creating a roadmap to your goals will help you determine your business focus and pursue growth.
Detailed explanation-2: -A business description outline includes a cover page, an executive summary, a business description, a market overview, a customer analysis, a competitive analysis, a marketing plan, an operations plan, a human resources plan, a management plan, and a financial plan.
There is 1 question to complete.