Daily Practice
GCSE Business
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15th October 2022
- 1Business planning
Give one reason a business plan helps the entrepreneur themselves, not just outside lenders.
- 2The Dynamic Nature of Business: Spotting New Opportunities
Explain why spotting a trend early can benefit an entrepreneur.
- 3Reasons Why New Businesses Fail
Explain why a profitable business can still fail.
- 4Risk and Reward in Business Enterprise
Define risk in the context of enterprise.
- 5Why businesses need finance
Is buying a delivery van a capital expenditure or a revenue expenditure? Explain your answer.
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