bussiness Planning management

4. business that have 2-99 employees, typically operated by a sole trader, or partnership
7. a single identifying number that a business uses when dealing with government departments and agencies.
8. include those costs involved in setting up the business
11. when a business has all the market share

1. refers to the owner coming up with a new product
2. any profit that investors make from their invest
3. the role (what smell and medium business do for australia, australians and our economy)
5. nearly 58% of our gdp is produced or made by small business-approcimatly 560 billion.
6. the process of setting targets and deciding how to achieve them
9. focus on long-term issues and describe the course of action necessary to achieve the tactical goal
10. around 4,5000 businesses fail each year. however some of this due to owners retiring, or owners ceasing the present business to start up with a new business.