[ACCT 170] - Final Exam Guide - Ultimate 34 pages long Study Guide!

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Define the term business plan describe the various components of a business plan (3 marks) (12 marks) Clearly explain 5 benefits that an entrepreneur stands to gain from a well prepared business plan. (10 marks) Description of my business i plan to market a complete line of bathroom accessories including soap dishes, toothbrush holders, coat hooks, and towel bars. Growth trends in this business this information will need to be targeted to your own intended product. Pricing power i will not initially enjoy pricing power in marketing widget accessories. discount chains will be primarily interested in price. in order to achieve lower costs than my larger competitors i plan to do the following: _______________________. Work experience related to my intended business my work experience has been as follows: 1995 - 1998 position__________ at ________co. describe your work responsibilities in detail: ____________________________________

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