Business

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What are some sources of business ideas
brainstorming, have an idea, inventions, improve an existing product have seen growing trends and have seen an idea working somewhere else
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what is a gap in the market
spotting something that has never been done before
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what is a market niche
smaller part of a larger market
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what are some reasons for starting a business
to earn money, have an idea, to help people (service), be your own boss, leave a boring job or be your own boss
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what is a franchise
a 'ready' made business model. A business sells its existing ideas
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what is a franchisee
a person buying the right to sell an existing product
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what is a franchisor
a person selling the rights to their brand name and products
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what is a franchisor
a person selling the rights to their brand name and products
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what are the types of business aims and objectives
Specific, Measurable, Agreed, Realistic and Timed
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what is a franchisor
a person selling the rights to their brand name and products
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what are the types of business aims and objectives
Specific, Measurable, Agreed, Realistic and Timed
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What is a stakeholder
stakeholders are people affected by your business. For example, employees, customers, owners, providers and locals of that business
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what is a franchisor
a person selling the rights to their brand name and products
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what are the types of business aims and objectives
Specific, Measurable, Agreed, Realistic and Timed
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What is a stakeholder
stakeholders are people affected by your business. For example, employees, customers, owners, providers and locals of that business
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what are the purposes of setting aims and objectives
survival, to make profit, to be best in the category of business, good customer service, growth, good quality and market share
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what is a franchisor
a person selling the rights to their brand name and products
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what are the types of business aims and objectives
Specific, Measurable, Agreed, Realistic and Timed
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What is a stakeholder
stakeholders are people affected by your business. For example, employees, customers, owners, providers and locals of that business
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what are the purposes of setting aims and objectives
survival, to make profit, to be best in the category of business, good customer service, growth, good quality and market share
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what is the purpose of business planning
it gives you an aim and something to strive for. A business plan can also help get money you need to start your ow
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what is a franchisor
a person selling the rights to their brand name and products
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what are the types of business aims and objectives
Specific, Measurable, Agreed, Realistic and Timed
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What is a stakeholder
stakeholders are people affected by your business. For example, employees, customers, owners, providers and locals of that business
24 of 111
what are the purposes of setting aims and objectives
survival, to make profit, to be best in the category of business, good customer service, growth, good quality and market share
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what is the purpose of business planning
it gives you an aim and something to strive for. A business plan can also help get money you need to start your own business. It can develop your understanding of what your business is about.
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what are the main sections of a business plan
introduction, marketing, financial management, operations
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what is a franchisor
a person selling the rights to their brand name and products
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what are the types of business aims and objectives
Specific, Measurable, Agreed, Realistic and Timed
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What is a stakeholder
stakeholders are people affected by your business. For example, employees, customers, owners, providers and locals of that business
30 of 111
what are the purposes of setting aims and objectives
survival, to make profit, to be best in the category of business, good customer service, growth, good quality and market share
31 of 111
what is the purpose of business planning
it gives you an aim and something to strive for. A business plan can also help get money you need to start your own business. It can develop your understanding of what your business is about.
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what are the main sections of a business plan
introduction, marketing, financial management, operations
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what is a sole trader
a person who sets up a business on there own
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what is a partnership
a partnership is where two or more people start a business together
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what is a franchisor
a person selling the rights to their brand name and products
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what are the types of business aims and objectives
Specific, Measurable, Agreed, Realistic and Timed
37 of 111
What is a stakeholder
stakeholders are people affected by your business. For example, employees, customers, owners, providers and locals of that business
38 of 111
what are the purposes of setting aims and objectives
survival, to make profit, to be best in the category of business, good customer service, growth, good quality and market share
39 of 111
what is the purpose of business planning
it gives you an aim and something to strive for. A business plan can also help get money you need to start your own business. It can develop your understanding of what your business is about.
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what are the main sections of a business plan
introduction, marketing, financial management, operations
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what is a sole trader
a person who sets up a business on there own
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what is a partnership
a partnership is where two or more people start a business together
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What are the types of aims and objectives
Specif
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What are the types of aims and objectives
Specific, Measurable, Agreed, Realistic and Timed
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what are the purposes of aims and objectives
survival, to make profit, to be best in the category of business, good customer service, growthm
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What are the types of aims and objectives
Specific, Measurable, Agreed, Realistic and Timed
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what are the purposes of aims and objectives
survival, to make profit, to be best in the category of business, good customer service, growth, good quality, market share
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what is a stakeholder
a stakeholder is somebody who is affected by your business. For example,
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What are the types of aims and objectives
Specific, Measurable, Agreed, Realistic and Timed
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what are the purposes of aims and objectives
survival, to make profit, to be best in the category of business, good customer service, growth, good quality, market share
51 of 111
what is a stakeholder
a stakeholder is somebody who is affected by your business. For example, locals,
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What are the types of aims and objectives
Specific, Measurable, Agreed, Realistic and Timed
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what are the purposes of aims and objectives
survival, to make profit, to be best in the category of business, good customer service, growth, good quality, market share
54 of 111
what is a stakeholder
a stakeholder is somebody who is affected by your business.
55 of 111
What are the types of aims and objectives
Specific, Measurable, Agreed, Realistic and Timed
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what are the purposes of aims and objectives
survival, to make profit, to be best in the category of business, good customer service, growth, good quality, market share
57 of 111
what is a stakeholder
a stakeholder is somebody who is affected by your business.
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what is the purpose of business planning
it gives you an aim and something to strive
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What are the types of aims and objectives
Specific, Measurable, Agreed, Realistic and Timed
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what are the purposes of aims and objectives
survival, to make profit, to be best in the category of business, good customer service, growth, good quality, market share
61 of 111
what is a stakeholder
a stakeholder is somebody who is affected by your business.
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what is the purpose of business planning
it gives you an aim and something to strive for.
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what are the main sections of a business plan
introduction,
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What are the types of aims and objectives
Specific, Measurable, Agreed, Realistic and Timed
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what are the purposes of aims and objectives
survival, to make profit, to be best in the category of business, good customer service, growth, good quality, market share
66 of 111
what is a stakeholder
a stakeholder is somebody who is affected by your business.
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what is the purpose of business planning
it gives you an aim and something to strive for.
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what are the main sections of a business plan
introduction, marketing, financial management, operation
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what is a sole trader
someone who starts up a business on their own
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What are the types of aims and objectives
Specific, Measurable, Agreed, Realistic and Timed
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what are the purposes of aims and objectives
survival, to make profit, to be best in the category of business, good customer service, growth, good quality, market share
72 of 111
what is a stakeholder
a stakeholder is somebody who is affected by your business.
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what is the purpose of business planning
it gives you an aim and something to strive for.
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what are the main sections of a business plan
introduction, marketing, financial management, operation
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what is a sole trader
someone who starts up a business on their own
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what is a partnership
two or more people who start up a business together
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What are the types of aims and objectives
Specific, Measurable, Agreed, Realistic and Timed
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what are the purposes of aims and objectives
survival, to make profit, to be best in the category of business, good customer service, growth, good quality, market share
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what is a stakeholder
a stakeholder is somebody who is affected by your business.
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what is the purpose of business planning
it gives you an aim and something to strive for.
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what are the main sections of a business plan
introduction, marketing, financial management, operation
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what is a sole trader
someone who starts up a business on their own
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what is a partnership
two or more people who start up a business together
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what is a private limited company
a company where people have to be
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What are the types of aims and objectives
Specific, Measurable, Agreed, Realistic and Timed
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what are the purposes of aims and objectives
survival, to make profit, to be best in the category of business, good customer service, growth, good quality, market share
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what is a stakeholder
a stakeholder is somebody who is affected by your business.
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what is the purpose of business planning
it gives you an aim and something to strive for.
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what are the main sections of a business plan
introduction, marketing, financial management, operation
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what is a sole trader
someone who starts up a business on their own
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what is a partnership
two or more people who start up a business together
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what is a private limited company
a company where people have to be invited to invest in the business
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What are the types of aims and objectives
Specific, Measurable, Agreed, Realistic and Timed
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what are the purposes of aims and objectives
survival, to make profit, to be best in the category of business, good customer service, growth, good quality, market share
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what is a stakeholder
a stakeholder is somebody who is affected by your business.
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what is the purpose of business planning
it gives you an aim and something to strive for.
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what are the main sections of a business plan
introduction, marketing, financial management, operation
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what is a sole trader
someone who starts up a business on their own
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what is a partnership
two or more people who start up a business together
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what is a private limited company
a company where people have to be invited to invest in the business
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what are the factors influencing start-up location decisions
type of business, costs, technology, transport, availability of raw materials, availability of cost and labour, competitors, available locations
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What are the types of aims and objectives
Specific, Measurable, Agreed, Realistic and Timed
103 of 111
what are the purposes of aims and objectives
survival, to make profit, to be best in the category of business, good customer service, growth, good quality, market share
104 of 111
what is a stakeholder
a stakeholder is somebody who is affected by your business.
105 of 111
what is the purpose of business planning
it gives you an aim and something to strive for.
106 of 111
what are the main sections of a business plan
introduction, marketing, financial management, operation
107 of 111
what is a sole trader
someone who starts up a business on their own
108 of 111
what is a partnership
two or more people who start up a business together
109 of 111
what is a private limited company
a company where people have to be invited to invest in the business
110 of 111
what are the factors influencing start-up location decisions
type of business, costs, technology, transport, availability of raw materials, availability of cost and labour, competitors, available locations
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Other cards in this set

Card 2

Front

what is a gap in the market

Back

spotting something that has never been done before

Card 3

Front

what is a market niche

Back

Preview of the front of card 3

Card 4

Front

what are some reasons for starting a business

Back

Preview of the front of card 4

Card 5

Front

what is a franchise

Back

Preview of the front of card 5
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