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Assessment to be based on naturally occurring evidence or realistic work environment
Understand how to start planning for your business
Describe the potential market position and image of you business
Identify potential short and medium term goals for your business
Describe how you intend your business to operate on a continuing basis
Know what elements to consider when planning for your business
Describe how the business goals might be met for different parts of your business
Identify potential costs and likely profit forecasts for your business
Identify how you intend to fund your business
Identify relevant laws and regulations which will apply to your business