Business AO1 0.0 / 5 ? BusinessFinanceBTEC NationalAQA Created by: jamiep1712Created on: 20-11-17 15:59 What is a stakeholder? A stakeholder is someone with an interest of the actions a business takes 1 of 5 What are the 2 types of Stakeholders? Internal- Someone within the business e.g Employees, External - Someone from outside of the business e.g customers 2 of 5 A business Plan allows different people related to a business to make certain decisions who and what decisions do they make? Owners/stakeholders - how to expand, Potential funders - how profits will be made, Suppliers - Pricing decisions 3 of 5 What 7 things are in a business plan? Summary, business- goods and services, Market - size and shares etc, market strategy, financial forecast, oppurtunitys, skills 4 of 5 What is a start up cost? Costs to get a business running 5 of 5
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