Unit 3 Enterprise | Baamboozle - Baamboozle | The Most Fun Classroom Games!

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What is capital employed

the value of all long-term finance invested in a business

State 2 reason why owners may want to expand their business

increase profit, increase in market share

State 3 ways to measure business size

capital employed, number of employee, market share

How government support business start-ups?

low-interest loans

State 2 reasons why government support business start-ups

Job creation, bring new ideas

List three contents in a business plan

financial forecast, objectives, market

State a purpose of business plan

Use to persuade lenders or investors to finance a business proposal

What is business plan ?

A detailed written document outlining the purpose and aims of a business

Explain 2 characteristics of successful entrepreneurs

any acceptable answer