Btec business unit 8 essays

● Components of a business model, including:
o results of researching the market, including identifying potential customers
(businesses or individual consumers) and competitors
o goods or services – make or buy
o means of delivering to customer, . internet only, franchise, direct sales
o business aims – the long-term visions or goals
o business objectives – measurable targets to help achieve the overall aims of
a business, importance of making objectives SMART (specific, measurable,
achievable, realistic and time-related)
o stakeholders and their influence on the business, . owners, employees,
customers, financiers, suppliers, local community
o finances and costs for start-up
o providing evidence to justify why the idea will succeed

Btec business unit 8 essays

btec business unit 8 essays

Media:

btec business unit 8 essaysbtec business unit 8 essaysbtec business unit 8 essaysbtec business unit 8 essays