Wednesday, October 15, 2014

5 IW - Homework for Wednesday, October 22

STILL UNDER CONSTRUCTION!!!

Watch this video, then answer the questions:
http://www.business.qld.gov.au/business/starting/business-planning/preparing-business-plan/business-plan-case-study-video

1) What is the USP of James O’Loughlin’s company?
2) According to James O’Loughlin, what are the  advantages of a business plan?
3) What kind of supporting documents does James O’Loughlin suggest adding to a business plan?
4) What is the best way to calculate the 'financials'?
5) How often should one check progress against the business plan?
6) Does James O’Loughlin recommend rewriting a business plan?
7) Ideally, who should know about the business plan?  Why?

VOCABULARY
What is another English word for:
Viable (“…ensure that the financial position is viable”)
Estimate (“a business plan is always the best estimate”)

SUPERIOR ZIPLINE ADVENTURE
Read the articles and discuss: did Mr. Geretschlaeger have a good business plan?
Cook County News Herald Editorial, May 12, 2012
Cook County News Herald, September 28, 2013
WTIP Radio, June 19, 2014


 

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