1. Name and explain two [2] areas that would be included as part of the body of a business plan. Explain why each is important.
2. Write short notes on the following: (a) Developing a succession strategy [1 Mark] (b) Bankruptcy [1 Mark] (c) Information Sources for analyzing the business environment [1 Mark] (d) Contents of an Administration and Support Services Plan.
3. What’s the biggest mistake you can make when preparing a business plan?