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3 marksPreparation of a Business Plan

CAPE Management of Business Unit 2 · 2011 · Paper 2 · Question 6(a)

Pilly has completed studies in pharmaceuticals and intends to open a pharmacy. A bank requires a business plan before considering a loan application.

Explain what is meant by the term 'business plan'.

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Other parts of this question

  1. 6(b)State TWO purposes of a business plan.[4 marks]
  2. 6(c)Outline FIVE important steps in the preparation of a business plan.[10 marks]
  3. 6(d)Outline ONE legal requirement that Pilly will have to observe in setting up her business.[2 marks]
  4. 6(e)Suggest THREE ways in which information technology could assist Pilly in efficiently operating her business.[6 marks]

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