• Instruction/s: Multiple Choice: Read and analyze each questions

below. Encircle the letter of your answer.

• 1. What type of business plan includes the basic information about the
company and are suited for newly stablished businesses?
• a. Feasibility Business Plan
• b. Internal Business Plan
• c. Start-Up Business Plan
• d. Strategic Business Plan 2
• Instruction/s: Multiple Choice: Read and analyze each questions
below. Encircle the letter of your answer.

• 2. What type of business plan will be used for a developmental projects?

• a. Feasibility Business Plan
• b. Internal Business Plan
• c. Start-Up Business Plan
• d. Strategic Business Plan
• Instruction/s: Multiple Choice: Read and analyze each questions
below. Encircle the letter of your answer.

• 3. What type of business plan pertains to the high-level view of the

company? a. Feasibility Business Plan b. Internal Business Plan c. Start-
Up Business Plan d. Strategic Business Plan
• Instruction/s: Multiple Choice: Read and analyze each questions
below. Encircle the letter of your answer.
• 4. Which of the following statement best describe a Strategic Business
Plan? a. foundational plan for the entire company
• b. evaluate the company’s financial current state
• c. target a specific part of the business operations
• d. include a market analysis illustrating target demographics
• Instruction/s: Multiple Choice: Read and analyze each questions
below. Encircle the letter of your answer.
• 5. Which of the following statement best describe an Internal Business
Plan?
• a. foundational plan for the entire company
• b. evaluate the company’s financial current state
• c. target a specific part of the business operations
• d. include a market analysis illustrating target demographics
 DIFFERENT TYPES OF BUSINESS
PLAN

Start-Up Business Plans

Newly established businesses should put the steps to start the new
enterprise into writing with the use of a start-up business plan.
Description of the company;
 Description of the product or service business will supply;
 Market evaluations;  Projected management team;
 Financial analysis with spreadsheets describing Projections.
This will be used for future investors. financial areas including, but not
limited to, income, profit, and cash flow
 DIFFERENT TYPES OF BUSINESS
PLAN
• Internal Business Plans
• Internal business plans target a specific part of the business operations or
department, for example, the marketing team who need to evaluate a
proposed project.
Evaluate the company’s financial current state, including operational costs
and profitability, to calculate how the business will repay any capital needed
for the project.
 Internal plans provide information about the project like how it will be
marketed, technical costs, who will be involved, and the number of people
needed.
 Include a market analysis illustrating target demographics, market size,
and
the market’s positive effect on the company income
 DIFFERENT TYPES OF BUSINESS
PLAN
• Strategic Business Plans
provides a high-level view of a company’s goals and strategies on how to
achieve them. It is the foundational plan for the entire company. Construction of
a strategic plan may differ depending on the company’s preferences.
smallbusiness.chron.com stated that “a strategic business plan brings all levels
of the business into the big picture, inspiring employees to work together
to create a successful culmination to the company’s goals.”
• FIVE ELEMENTS OF COMPANY’S PREFERENCE
business vision,
mission statement,
 definition of critical success factors,
 strategies for achieving objectives
 implementation schedule.
 DIFFERENT TYPES OF BUSINESS PLAN

• 4. Feasibility Business Plans

• A feasibility business plan answers two (2) primary questions about the business;
• one is, who will purchase the service or product a company wants to sell, and if the
• business can gain profit. It focuses on the criteria to prove that the business is
• buyable.
• Smallbusiness.chron.com mentioned “feasibility business plans include,
but are not limited to, sections describing the need for the product or service, target
demographics and required capital. A feasibility plan ends with recommendations for
going forward.
 A feasibility study contains five major
components, namely:

• a. Marketing study –
• The necessary demands for the product as well as the
competitive position of the firm in the industry must be
determined
 A feasibility study contains five major
components, namely:

• b. Technical study –
• In this study, one must consider the manufacturing process,
plant size, production schedule, machinery, plant location and
layout structure, raw
materials, utilities, and waste disposal.
 A feasibility study contains five major
components, namely:

• c. Management study - This involves how the project shall be managed such as the
business organization including the organization chart and function of each unit
management personnel, skills, and numbers of labor required.
 A feasibility study contains five major
components, namely:

• d. Financial study – One should include the assessment of total capital requirements,
break-even outputs, sales and prices, sales targets to earn a certain amount of profit, and
the cash payback period.
 A feasibility study contains five major
components, namely:

• a. Marketing study –
• The necessary demands for the product as well as the
competitive position of the firm in the industry must be
determined
 A feasibility study contains five major
components, namely:

e. Social desirability –
• This is measured by economic benefits to the people living in
the community and its vicinities.
 DIFFERENT TYPES OF BUSINESS PLAN

• 5. Operations Business Plans

are internal plans that focus on the elements related to the
company’s procedures, commonly called Standard
Operating Procedures (S.O.P). An operations plan specifies
the step by step procedures that should be executed by the
LESSON assigned employees or department to assure
quality in transactions and customer satisfaction.
 DIFFERENT TYPES OF BUSINESS PLAN

• 6. Growth Business Plans

Smallbusiness.chron.com explains “Growth plans or expansion plans
are in-depth descriptions of proposed growth and are written for
internal or external purposes. If company growth requires investment,
a growth plan may include complete descriptions of the company, its
management, and its officers. The plan must provide all company
details to satisfy potential investors. If a growth plan needs no
capital, the authors may forego obvious company descriptions, but
will include financial sales and expense projections.”