Business planning Key Terms

functions

functions is a curriculum-aligned term linked to the learning objective: Explain why businesses create plans, including setting up a new business, raising finance, setting objectives and organising business functions..

finance

finance means how purpose and sections of business planning is used by a business to make a commercial decision about why businesses create plans, including setting up a new business, raising finance, setting objectives and organising business functions. In an AQA GCSE Business answer, link it to evidence such as cost, revenue, cash-flow pressure, customer needs, or stakeholder impact rather than giving a stand-alone definition.

business plan

business plan is a curriculum-aligned term linked to the learning objective: Identify the main sections of a business plan..

Identify

Identify means how purpose and sections of business planning is used by a business to make a commercial decision about Identify the main sections of a business plan. In an AQA GCSE Business answer, link it to evidence such as cost, revenue, cash-flow pressure, customer needs, or stakeholder impact rather than giving a stand-alone definition.

business plan

business plan is a curriculum-aligned term linked to the learning objective: Analyse the benefits and drawbacks of business planning..

Analyse

Analyse means how purpose and sections of business planning is used by a business to make a commercial decision about the benefits and drawbacks of business planning. In an AQA GCSE Business answer, link it to evidence such as cost, revenue, cash-flow pressure, customer needs, or stakeholder impact rather than giving a stand-alone definition.

variable costs

variable costs is a curriculum-aligned term linked to the learning objective: Distinguish variable costs, fixed costs and total costs..

fixed costs

fixed costs means how basic financial terms is used by a business to make a commercial decision about Distinguish variable costs, fixed costs and total costs. In an AQA GCSE Business answer, link it to evidence such as cost, revenue, cash-flow pressure, customer needs, or stakeholder impact rather than giving a stand-alone definition.

revenue

revenue is a curriculum-aligned term linked to the learning objective: Explain revenue, costs, profit and loss in a business planning context..

profit

profit means how basic financial terms is used by a business to make a commercial decision about revenue, costs, profit and loss in a business planning context. In an AQA GCSE Business answer, link it to evidence such as cost, revenue, cash-flow pressure, customer needs, or stakeholder impact rather than giving a stand-alone definition.