Enterprise Planning: Developing a Business Idea

Vocational Studies
Year 9
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About This Worksheet

This worksheet focuses on the planning stage of starting a new business. Answer the questions to demonstrate your understanding of effective enterprise planning.

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Enterprise Planning: Developing a Business Idea

Subject: Vocational StudiesGrade: Year 9
Name:
Date:
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Enterprise Planning: Developing a Business Idea

A

Questions

1.
Define the term 'business plan' and explain its importance in enterprise planning.
[4 marks]
2.
List three key components that should be included in a business startup plan.
[3 marks]
3.
Identify two sources of information a new business owner might use to research their target market.
[3 marks]
4.
Describe how conducting a SWOT analysis can help in planning a new business.
[4 marks]
5.
Imagine you are planning a new cafe. Sketch a rough layout of the interior, including areas for seating, a counter, and kitchen space. Use labels to identify each area.
[6 marks]
6.
Explain why setting SMART objectives is important in the planning process of a new business.
[4 marks]
7.
Describe two potential challenges a new business might face when creating a financial plan.
[4 marks]
8.
Sketch a simple flowchart showing the steps involved in developing a business idea from initial concept to final planning.
[6 marks]
9.
Identify three key factors to consider when choosing a location for a new retail business.
[3 marks]
10.
Explain how a detailed planning process can reduce risks for a new enterprise.
[4 marks]

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Details

Created
1/2/2026
Updated
1/2/2026
Type
worksheet