Study resource
Business planning common mistakes
Use these common mistakes for Business planning in AQA Business 8132. The page is built from approved learning objectives for this topic and links back to the wider unit, topic hub, and related revision assets.
At a glance
common mistakes
Resource type
Topic
Business planning
Common mistakes
Purpose and sections of business planning common mistake 1
Giving a vague answer instead of directly addressing: Explain why businesses create plans, including setting up a new business, raising finance, setting objectives and organising business functions..
Answer by clearly explaining how to explain why businesses create plans, including setting up a new business, raising finance, setting objectives and organising business functions..
Purpose and sections of business planning common mistake 1
Giving a vague answer instead of directly addressing: Identify the main sections of a business plan..
Answer by clearly explaining how to identify the main sections of a business plan..
Purpose and sections of business planning common mistake 1
Giving a vague answer instead of directly addressing: Analyse the benefits and drawbacks of business planning..
Answer by clearly explaining how to analyse the benefits and drawbacks of business planning..
Basic financial terms common mistake 1
Giving a vague answer instead of directly addressing: Distinguish variable costs, fixed costs and total costs..
Answer by clearly explaining how to distinguish variable costs, fixed costs and total costs..
Basic financial terms common mistake 1
Giving a vague answer instead of directly addressing: Explain revenue, costs, profit and loss in a business planning context..
Answer by clearly explaining how to explain revenue, costs, profit and loss in a business planning context..
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