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Team 2
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Name
Score
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15
×
Is a business plan only useful at the start of a business?
No, it is useful throughout the life of the business
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Check
Okay!
Check
15
×
Give one example of a weakness.
Lack of finance / poor experience / small customer base
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Check
Okay!
Check
×
seesaw
Swap points!
Oops!
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gift
Win 25 points!
Okay!
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fairy
Take points!
5
10
15
20
25
×
thief
Give points!
5
10
15
20
25
×
eraser
Reset score!
Oops!
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rocket
Go to first place!
Okay!
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rocket
Go to first place!
Okay!
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banana
Go to last place!
Oops!
20
×
Name one person or group who may look at a business plan.
Banks / investors / owners / managers
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15
×
Give one example of a strength.
Good location / strong brand / skilled staffâĶâĶ.
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15
×
What does the R stand for in SMART?
Realistic / Relevant
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25
×
What is a business plan?
A written plan outlining how a business will operate and succeed
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20
×
Name one thing usually included in a business plan.
Goals / finance / marketing / SWOT analysis
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Okay!
Check
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seesaw
Swap points!
Oops!
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magnet
Take 25 points!
Okay!
×
gift
Win 20 points!
Okay!
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lifesaver
Give 25 points!
Oops!
15
×
What does the M stand for in SMART?
MEASURABLE
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15
×
What does the S stand for in SMART?
Specific
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15
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Are threats internal or external to a business?
External
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15
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Are weaknesses internal or external to a business?
Internal
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Okay!
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trap
No points!
Oops!
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shark
Other team loses 15 points!
Okay!
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rocket
Go to first place!
Okay!
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banana
Go to last place!
Oops!
15
×
What is one risk of not planning well?
Loss of money / business failure / poor decisions
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Okay!
Check
×
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