SIO Plan Quiz

1. Where are you with this business?

A. I’ve got a general direction, but need to figure out my audience, positioning and how to attract customers. B. I know what I’m building and want to work out the business model and whether the numbers make sense. C. I want to turn my idea into a structured business plan I can work from or present to someone. D. I’m already operating and need better forecasts and a clearer picture of how the business is performing.

2. How well do you understand the money side?

A. I haven’t properly worked out the financial side yet. B. I’ve made estimates, but I need to test whether the numbers add up. C. I need forecasts for revenue, expenses and cash flow, including what happens if things change. D. I’m operating already and want to compare actual results with my plans.

3. Do you need a formal business plan document?

A. Not yet. I need to clarify my marketing strategy and what I’m trying to achieve. B. I need to understand the financial viability of the business before going further. C. Yes. I want a structured business plan with research, projections and practical next steps. D. I’ve already got a business underway. I need a plan I can update and use to manage it.

4. If we could sort out just one thing today, what would help most?

A. Figure out who I’m selling to, how to position the business and how to reach people. B. Work out whether the business makes financial sense. C. Turn the business idea into a proper, structured plan. D. Get the whole picture straight. I’m not sure where to start.

Right then. What’s the plan, exactly?