Business Description, Mission Statement, Marketing Plan, Financial
Plan, Operations, Target Market, Revenue, Expenses, Balance Sheet
and Profit Analysis Exam Questions Verified and provided with
Complete A+ Graded Answers Latest Updated 2026
business plan
a written description of a new business venture that describes all aspects
business description
statement of the business opportunity and why you think it will succeed
mission statement
the message to the customer as to why a business exists
marketing plan
how to inform people about your new product or business; includes advertising and
promotion
financial plan
, how much money you'll need to jump start your business and keep it running, if you will need
a loan and how to finance if necessary
goals
business (or personal) objectives you wish to accomplish
objectives
specific, measurable, short-term expectations
organizational structure
describes how a business will be structured and staffed, where it will be located and details of
the office or retail space it will occupy
competitive advantage
a set of unique features of a company and its products that are perceived by the target
market as significant and superior to those of the competition
operations plan
a plan outlining how the business will operate
profit