Tourism 10, 20, 30
TOUE17
Module 17: Venture Planning (Optional)
Outcome
Examine the process
for developing a
business plan.
Indicators
| (a) | Discuss the concept of market research and why it is important (e.g., informs decisions about the viability of a proposed business idea) for the success of any entrepreneurial venture. |
| (b) | Reflect on the statement, ‘Failing to plan is planning to fail.’ which is attributed to Benjamin Franklin. |
| (c) | Discuss the purpose of a business plan. |
| (d) | Brainstorm a list of questions that are generally answered through the development of a business plan. |
| (e) |
Examine common sections of a business plan such as:
|
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