Business Plan Assessment: Quiz!
(202).jpg "Business Plan Assessment: Quiz!")
Do you think you know what business plan assessment is? For this quiz, you will need to know why a business plan is directed solely at a specialized target market, a value proposition, what entails a successful and active business model, and the essential part of your business plan. This quiz was designed to teach you to assess your success; best of luck.
- 1.My business plan was written for a clearly identified and understood target market.
- A.
Absolutely
- B.
Largely
- C.
Partially
- D.
Not well addressed
- 2.My pricing and channel to market assumptions have been validated by channel partners and/or customers.
- A.
Absolutely
- B.
Largely
- C.
Partially
- D.
Not well addressed
- 3.My business plan clearly identifies the value proposition from a customer or channel perspective.
- A.
Absolutely
- B.
Largely
- C.
Partially
- D.
Not well addressed
- 4.My business model is well understood and clearly identified using a 1-page diagram.
- A.
Absolutely
- B.
Largely
- C.
Partially
- D.
Not well addressed
- 5.My business plan clearly articulates a proposition and desired action by the target audience.
- A.
Absolutely
- B.
Largely
- C.
Partially
- D.
Not well addressed
- 6.My financial model clearly identifies the core business drivers and enables users to test different assumptions. It covers a forecast period of 5 years and includes an integrated income statement, cash flow statement, and balance sheet. The break-even point is highlighted.
- A.
Absolutely
- B.
Largely
- C.
Partially
- D.
Not well addressed
- 7.The most important part of your business plan?
- A.
Executive Summary
- B.
Table of Contents
- C.
Background
- D.
Financial Plan
- 8.A plan which explains the process of attraction of customers to your business.
- A.
Market Research/anaylsis
- B.
Financial Plan
- C.
Background and History
- D.
All of the above
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