... volume) Write up marketing plan Production and quality assurance plan Decide on quantity to be produced Identify physical resource needs and costs Select premises, plant, machinery, equipment Identify suppliers - fix lead times Decide on quality control/assurance methods Identify staffing needs/advertise for /recruit Not Applicable Identify constraints - legal, technological, social, environment and financial Finalise production budget (to meet sales volume) Re-check proposal - Is it viable? Financial analysis and planning Identify sources of finance Draw up start-up balance sheet Sales revenue budget, production cost budget Draw up cash flow forecast Draw up profit and loss account Calculate break even point Calculate financial ratios Evaluate the plan - Is it viable? Is it acceptable? Confirm/revise type of business organisation Adjust proposals if necessary (and note down adjustments) Assemble the business plan Self-Assessment Personality Definitely To some extent Not at all Have I got a good sense of humour? ? ? ? Do I have perseverance? ? ? ? Can I handle difficult situations? ? ? ? Am I conscientious? ? ? ? Do I have initiative? ? ? ? Can I make decisions? ? ? ? Have I the confidence to see things through? ? ? ? Do I have the ambition ...

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