1. D2

2. Justify recommendations made for starting a business.
Task
Justify recommendations made for starting a business.
What are the strengths of your business plan?
What are the weaknesses of your business plan?
Do you think the plan is feasible (e.g. will it work?)
Give your reasons – why do you think this plan will/will not work?

3. Points to consider… Is your unique selling point strong enough?
How strong is the competition?
Do you fully understand your target market?
What do you financial forecasts look like? Do you foresee yourself making a profit?
Do you think that your sources of information are reliable? How will this affect your business?

4. Points to consider… Are your personal objectives feasible?
Do you think your strengths outweigh your weaknesses and as a result will help you to overcome any issues?
Is your long-term plan of the business viable?