- 15 Marks
MGE – May 2018 – L2 – Q7 – Corporate Governance
Advises on the essential contents of a standard business plan for a new mushroom farm.
Question
Mr. & Mrs. Phillips, your family friends, have just retired from the public service and are planning to set up a mushroom farm. They hope to use their gratuity and a loan sourced from their bank as initial capital for the business. Their bank manager requested them to present a business plan for this purpose. They approach you for advice on how to prepare a business plan, as they cannot afford to hire a consultant.
You are required to:
Advise Mr. and Mrs. Phillips on the contents of a standard business plan. (Total 15 Marks)
Find Related Questions by Tags, levels, etc.
- Tags: Business Plan, Entrepreneurship, Financial planning, Start-up
- Level: Level 2
- Topic: Corporate Governance
- Series: MAY 2018
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