1. Identify and explain the two plans that a business plan is linked to.

2. Explain why it is important to analyse any existing business plans.

3. Explain why a business plan must take into account the business vision, mission and values.

4. Referring to a business plan that you have developed for this unit, list the permits and licences that were required for the new activity.

5. List the steps you must take to develop a business plan.

6. List four stakeholders you might present your business plan to.

7. Thinking about the previous Skills Activity, explain the steps that you took to monitor the business plan.

8. Explain the methods you can use to identify customer needs.

9. Explain two methods of determining budgets.

10. Explain the format that should be used to set performance objectives.

11. Explain who should be involved in developing objectives and why.

12. What method might you use to measure success against set objectives?