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Essay on Starting a Business Plan
Starting a new business is an exciting venture and has its unique mix of challenges and rewards.
Many are set–up for failure if no clear goals or measures are established and adhered. According to
the Small Business Administration, "Planning is critical to successfully starting and building a
business." The best advice for a new entrepreneur interested in starting a business is to create a solid
business plan that outlines the business in its entirety. A well–constructed, written business plan will
help owners remain focused on their operations, marketing and financial measures through the
duration of the business life. In addition, knowing the risks involved in starting a business can help
prevent and minimize mistakes that cause many ... Show more content on Helpwriting.net ...
Strategic major milestones to be achieved can be mentioned that include customers, revenue, and
expansion details. In a small business blog, Fisher (2011) states, "Think of it like a birds‐eye view of
the company as it currently exists and where you envision it to be in the future." In addition, it may
be worthwhile to include descriptions of the founders of the business and their extending experience
from the industry. The operations of the business is critical in a business plan because it describes
the main components of your business. Management duties and responsibilities can be addressed in
terms of the day–to–day operations. This includes what each day of the week will entail for the
schedule of the business. Likewise, many topics should cover the nuts and bolts of the business such
as production and manufacturing, inventory, and distribution. Topics such as the location,
employees, and equipment should be considered to provide the most competitive advantage and
success for the business. Lastly, every business requires a structured form of legal registration for
licensing, insurance liability and tax purposes.
Marketing
One of the toughest challenges of new businesses is attracting new customers. Having an effective
marketing strategy in place is a vital implementation in increasing the awareness of your product or
service. The marketing strategy section should
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Business Plan Proposal
Business Plan Proposal
Introduction
The development of start–ups is an important business activity that requires effort, time, and
financial resources. It is important to correctly establish the resources that are required by opening a
business in order to be able to successfully reach the objectives established for businesses in each
situation. In this case, the business plan refers to developing a restaurant that focuses on providing
meals that are based on organic foods.
The benefits of organic foods are well known. There are numerous studies in the field that have
identified the benefits that organic foods have on individuals' health. There are also numerous
studies that reveal the effects that fast food has on people. Certain governments in different
companies develop campaigns intended to increase awareness on such issues, and to modify the
eating habits of people in these countries. However, it is difficult to reach this objective when
customers have numerous fast food restaurants to choose from. These restaurants provide fast
service at smaller prices, and this is what most customers want.
Therefore, it is important that food providers participate in campaigns developed by governments in
their attempt to improve eating habits. Restaurants that provide healthy food have a better image on
the market in comparison with fast food restaurants. But health food is considered to be more
expensive. This refers to higher production costs, increased costs of
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Outline Of A Business Plan For Your Tutoring Business
Goal: July SEO Content Pack RichTutor.com
Total Words in this Document:
Title: July SEO Content Pack RichTutor.com
Article: How to advertise tutoring
3 Ways to Advertise Your Tutoring Business
You might feel like shouting your new tutoring business from the rooftops, but that's not the most
effective way to advertise your new tutoring business. Developing a solid marketing plan for your
tutoring franchise involves setting realistic, measurable goals, and the vital steps to accomplish each
goal.
It's important to think about your market. Will you be primarily tutoring children? If so, your market
may be wider than just the parents of your prospective clients. Think outside the box – your
audience may also include their teachers, ... Show more content on Helpwriting.net ...
Make sure that the information you send is timely and newsworthy – grand openings, special events,
responses to studies or reports, and expansions are all great reasons to write and send press releases.
Consulting with a marketing firm that specializes in advertising for tutoring franchises, like Rich
Tutor Marketing, can help you set a direction for your advertising and marketing plans.
Article: Tutoring franchise
The Pros and Cons of Tutoring Franchises
The tutoring industry is ballooning, expected to exceed $102 billion in 2018. It's a great way for
adults of all abilities and interests to not only earn money running their own businesses, but to make
a difference in the lives of children and adults looking to improve their studying habits, understand
complicated classes, and raise their grades.
In North America alone, new franchise opportunities are popping up daily, giving these interested
individuals a variety of tools designed to grow both their businesses and the studies of their
customers. Just like any other venture, though, there are both advantages and disadvantages to
purchasing a franchise of a larger parent company.
Pros of Buying a Tutoring Franchise
You can pull from the marketing and branding done by the parent company. They invest a great sum
of the money that they earn into publicizing the work and system of their program, and
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Business Plan For A Company
Business plan
A composed archive describing the way of the business, the business and advertising system, and
the money related foundation, and containing an anticipated benefit and misfortune articulation.
A marketable strategy is likewise a guide that gives headings so a business can arrange its future and
offers it some assistance with avoiding obstructions. The time you spend making your business
arrangement intensive and precise, and staying up with the latest, is a speculation that pays
enormous profits in the long haul.
Your marketable strategy ought to comply with by and large acknowledged rules in regards to shape
and substance.
Business plan consists of the following components;
1. Title page and contents
2. Executive summary ... Show more content on Helpwriting.net ...
Project plan
Project planning is a control for expressing how to finish a venture inside of a certain time
allotment, more often than not with characterized stages, and with assigned assets. Project plan is a
formal record intended to manage the control and execution of a project. A project plan is the way to
a fruitful venture and is the most essential archive that should be made when beginning any business
venture.
In IT, the term project plan refers to an a Gantt outline or some other record that shows venture
exercises along a course of events. Then again, considering these records alone as a task
arrangement is off base. These specific records can be all the more exactly termed as task
timetables, and may be viewed as just a piece of the real venture arrangement.
A project plan is used for these purposes:
To archive and impart partner items and undertaking desires
To control schedule and delivery
To calculate and manage associated risks
These business plan, business case and project plan are interrelated. To run a business effectively all
of these plan most be made or plan accordingly. As I have already explained about all of these plan
business plan is made at first before to start business
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Subway Business Plan
To:, As part of our evaluation of your application, please carefully answer the following ten
questions. If you have partners that will be on the franchise agreement, please have them answer
these questions too. All answers and information you provide will be held in strict confidence. 1)
Have you ever owned a business before? If so, how many units? Also, please tell us more about your
professional background and education. Please include a current resume or CV. –CV Attached 2)
Provide a detailed description of how you see yourself as a SUBWAY franchisee. List your duties
and responsibilities, both short–term and long–range. –As a subway franchisee I do not see myself
as a business owner but as a member of a team that ... Show more content on Helpwriting.net ...
–Check background Information, refrences and credentials as well as criminal history. – we need to
pursue every avenue to assure that the people we hire can do the job, contribute to our growth and
development, and have no past transgressions which might endanger our current workforce. – One
key factor in employee motivation and retention is the opportunity employees want to continue to
grow and develop job and career enhancing skills. In fact, this opportunity to continue to grow and
develop through training and development is one of the most important factors in employee
motivation – Expand the job to include new, higher level responsibilities. – Reassign responsibilities
that the employee does not like or that are routine. – Provide more authority for the employees to
self–manage and make decisions.–Invite the employees to contribute to more important department
or company–wide decisions and planning.–Provide more access to important and desirable
meetings.–Provide more information by including the employee on specific mailing lists, in
company briefings, and in our confidence.–Provide more opportunity to establish goals, priorities,
and measurements.–Assign the employee to head up projects or teams.–Provide the opportunity for
the employee to cross–train in other roles and responsibilities. – Enable the employee to attend an
internally offered training session. This session can be offered by a coworker in an area of their
expertise or by an
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Marketing Agency Business Plan
Executive Summary:
OnSite Marketing, Inc. (OMI) aims to provide advertising, marketing, and public relations services
to targeted business environments in the Automotive Aftermarket industry. OMI intends to leverage
the thirty plus years that co–owner Steve Crain has in the automotive arena, especially as it related
to his position as the Director of Marketing for SEMA (Specialty Equipment Market Association)
where he helped SEMA, the non–profit organization that is the core of the Automotive Aftermarket,
market and grow their trade show into the industry's largest trade only show. SEMA afforded Steve
Crain the networking goldmine that continues to follow and serve him today. OMI's plan seeks to
generate company sales and ... Show more content on Helpwriting.net ...
(Point of Purchase) Displays
Public Relations Press Releases Editorial Special Events
Sales/Technical Development Seminars Workshops Video Production
OnSite Marketing, Inc. operates with 3 full–time employees along with a family of freelancers who
are part of the team. This enables OMI to take on large volumes of work, while keeping overhead
and other costs affordable.
OnSite Marketing, Inc.'s strategic advantage lies in our capability to be a single source for all of our
clients' advertising, marketing, and public relations needs. OMI helps expand our clients' visions and
ensures they become reality.
Description of the Location OMI is operated out of leased offices located in the City of Corona in
Riverside County, California, at 119 N. Maple St, Suite "M", Corona, California 92880.
... Get more on HelpWriting.net ...
The Ride The Waves Business Plan
Critical analysis of the Ride the Waves business plan
General Structure of the Plan
Ride the Waves business plan is fairly detailed regarding the business situation of the firm and its
product. However, the presentation of the plan makes it difficult for the reader to understand the
purpose of the plan as it lacks coherence and some important details required for a good business
plan. Despite the plan explaining the products they offer and the new business opportunity, the
author fails to isolate the current business situation and the new business opportunity clearly.
Additionally, the author does not clearly explain the intention of the plan. For example, the author
states that the plan intends to solicit new capital for the financing of ... Show more content on
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In this regard, the general format of a business plan should have a section such as the executive
summary, the offer, product description, overview of the organization, situational audit, key strategic
issues, specific strategies, risk analysis and the action plan (Barrow, Barrow and Brown, 2008). In
the current Ride the Waves business plan, some of the key sections are missing. For instance, the
new product is not comprehensively described by the author. Generally, it is a requirement to
describe the product in its own section. In the case of this plan, the author just mentions the product
among other offered products of the firm. In addition, the plan lacks strategic sections such as
marketing strategy, the business strategy, competitive strategy among others. Besides, there is a
serious disconnect between the executive summary and the main body of the plan. An executive
summary should be based on what is included in the plan. In the case of the Ride the Waves
business plan, concepts such as the business opportunity and business model are mentioned in the
executive summary but are totally lacking in the main body of the plan. Furthermore, the current
business situation and the strategic plans and how they will be accomplished are lacking.
Additionally, the author indicated that availability of competitors' summary and other information in
the appendices of the plan. However, the appendices section of the plan is not included in the
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Business Plan Essay
What you need to do instead to increase your chances of raising money
So, if writing a business plan won't increase your chances of attracting money, what will?
How do you increase your chances of generating investor interest and launch a startup successfully?
You could find part of the answer from the answer Sam Altman, the president at Y Combinator, gave
at a EconTalk podcast when explaining the firm's logic of not reading business plans.
"We would rather spend the time working on their product, talking to users. What we care about is:
Have you built a product? Have you spoken to users? Can we see that?" he said.
Essentially, the answer lies in spending your time doing these four actions.
Fill out the Lean Canvas
You should swap ... Show more content on Helpwriting.net ...
It'll be the best way to figure out whether your assumptions are correct and gives you the chance to
tweak them and your products or service if they aren't.
There are two core areas to focus on:
Customer pain points
Financial metrics
Let's look how you can validate these the most effectively.
Validate customer pain points
To know whether you know what the problem truly is for the customers, you need to actually talk to
them.
You won't know if your new shirt buying app is a hit unless you know what aspects customers most
hate about buying shirts and whether your proposed solution could solve those issues.
ADD IMAGE
From "Talking to Humans." Photo Credit Tom Fishburne
How do you talk to people?
You could use the following tactics:
Surveys – Customer focus groups – Trade fairs – Landing pages
These offer you the chance to talk directly to potential customers and get their feedback.
You can also just check social media and conduct keyword search on Google. What are the people
searching solutions for? What are the pain points in current products and services that people mostly
complain about on social media?
Add Youtube
The channels you should focus on browsing for real customer pain points include:
Quora – Reddit – Stack Exchange
Looking at these elements can help you identify the struggle customers have with existing product
and the queries they are trying to
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Buster Business Plan Essay
Debra J. Lawrence
LA6525017
Management 190–SP
Entrepreneurship
Business Plan
BUSINESS PLAN
Buster's Retail Store
1501 Maple St
P.O. Box 2534
Tacoma, Washington 98453
* INTRODUCTION * DESCRIPTION * PURPOSE * OWNER/EMPLOYEES * FINANCIALS *
SALES FORCAST * PRO FORMA STATEMENT * MARKETING * OPERATIONS *
LEGAL/SUNDRY * MAJOR CHALLENGES
Introduction and brief description of the venture
a. Buster's is currently a small store operating in the lobby of the Sparks Building, a large office
building, located at 15th and Maple in downtown Tacoma, Washington. Buster's occupy 1,000 sq ft
on the first floor
b. Our vision for Buster's is to ultimately expand to a chain of ... Show more content on
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e. The current employees will be compensated at $12.00 – $15.50 per hour. The new full–time
employees will be compensated at $9.00 per and the part–time employee will receive $8.00 per
hour. All full–time employees will receive additional benefits (health insurance, workers
compensation, cafeteria and life insurance.) Wage adjustments are anticipated to be about 4% per
year
Financials
Research indicates that the revenue requirements to add an additional store come to $250,000, which
is largely single time fees associated with opening the store. These costs are financed through owner
personal financing, private investors and loans from the SBA. It should be noted that we expect to
be operating at a loss for the first six months before advertising begins to take effect and draw in
customers.
Buster's will be receiving periodic inflow of cash to cover operating expenses during the upcoming
two years in order to sustain profitability. Most of this funding has been arranged through lending
institutions and private investors. No anticipation of cash flow problems is expected during the next
three years.
Sales Forecasts
Buster's expects a strong rate of growth at the start of operations. Below are the expected financials
over the next three years.
Pro Forma Income Statement: | | | | | | | | | | | | | | | | | Pro–Forma Income Statement | | | Buster's, Inc. | | |
|
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Assignment : Formulation Of Business Plan Essay
INTERNAL RESEARCH ASSIGNMENT
Name of the student: MANIKA GUPTA
Enrollment No. : 04615903915
Course: MBA (III)
Batch: 2015–2017
Shift: Ist
Section: A
Subject: Entrepreneurship &Small Business Development
Subject code: MS– 207
Topic of assignment: FORMULATION OF BUSINESS PLAN
Subject Teacher's name: Prof. P.N. Kathuria RESEARCH ASSIGNMENT
Subject: Entrepreneurship &Small Business Development Subject Code: MS 207
Semester: MBA III Batch: 2015 – 2017 Instructor: Prof. P.N. Kathuria
QUESTION: Discuss the nature of Information required at different stages in formulation of a
business plan/project report. Critically highlight the common errors noticed in project formulation
and ways to avoid them. You are starting a small manufacturing unit; give an outline of your
business plan.
SOLUTION:
A. Information required at different stages in formulation of a business plan:
1. General Information:
Bio–data of Promoter
Name and address of entrepreneur; the qualifications,
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Business Plan and Loan Package
Running head: TOOTSIE ROLL INDUSTRIES, INC. LOAN PACKAGE
Tootsie Roll Industries, Inc. Loan Package
ACC561
22 September 2011
Introduction
Now that the small business idea has become more that just fine print, it is time to put together a
loan package that explains the story of the company. There are important questions to answer,
demonstrating the company's ability to correctly make important financial decisions, and detail how
the business will pay off the loan. This paper will include the requirements of a loan package,
creditor requirements, a ratio analysis, loan justification, and how the company plans to use the
proceeds.
Tootsie Roll Industries, Incorporated Loan Package
Loan Package Requirements
Like ... Show more content on Helpwriting.net ...
needs a loan to supplement operational expenses and decrease the negative impact market risk
factors may have on sales volume. In 2007, the product cost of goods sold increased from costs
incurred 2006 as a result of significant increases in prices of many commodities purchased by
Tootsie Roll. These commodities consist of some of the major ingredients used in Tootsie Rolls and
other products, such as corn syrup, dextrose, milk products, vegetable oils, sugar, and gum base
ingredients (Tootsie Roll Industries, 2011).
As a percentage of net sales, product cost of goods sold increased from 62.8% in 2006 to 66.5% in
2007 (Kimmel, Weygandt, & Kieso, 2009). Light freight and delivery costs increased as a
result of increases in energy costs, such as oil used for fuel. Exchange of foreign currency on
products manufactured in Canada has generated an adverse effect as well, even though sales growth
has increased. Tootsie Roll Industries, Inc. has made efforts to offset the increases in costs of
commodities through selective price increases and reducing costs where possible (Kimmel,
Weygandt, & Kieso, 2009). However, the company has not been able to recover all of the costs
associated with the increases in commodities.
The company does not want to risk product price
... Get more on HelpWriting.net ...
Business Continuity Plan
Business Continuity
Particularly, after a crisis occurs getting the organization back up and operational again is critical.
Business continuity refers to the ability of the company to recommence or continue business
activities after a crisis happens. Furthermore, maintaining the important business functions in the
midst of a crisis and after the crisis is business continuity (Crandall, Parnell & Spillan, 2013). It is
crucial to have a business continuity plan so the organization has a plan to get operations back up;
down time is a loss of money, which coupled with the costs of the crisis cuts even deeper into the
organizations profits. When our facility experienced the tragic death of an employee, we shut down
the day of the accident, however, ... Show more content on Helpwriting.net ...
Additionally, the plan should include detailed information on the key functions and resources the
company needs to get operating as quickly as possible. Furthermore, it needs to list the roles of the
individuals once the crisis occurs and the plan is implemented. Ensure that all employees know what
their duties will be and are trained efficiently to complete tasks. Making the most of the first hour
after an emergency is critical in reducing the impact. In addition, a plan in the form of a checklist is
beneficial to make sure that everything is being completed. Also, make sure that contact details are
listed in the plan for emergency services, customers, suppliers, utility company, and other businesses
in the area. The organization needs to plan how to deal with the media as well, and appoint a single
company spokesperson. Finally, do not just have one copy of the plan, have hard copies of the
business continuity plan at the homes of the key staff members, just in case the plan needs to be
implemented from home or if a tragedy destroys the copy at work. Having other copied ensures that
the plan is still able to be followed ("Crisis management and business continuity planning", 2009).
Definitely, a strategic plan on how the business recovers from a crisis should be a requirement at all
companies, although I am sure that will never happen, I am going to start on a plan for the
organization where I am
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Cleaning Business Plan
COFIELD'S CLEANING SERVICE
SONJI MORTON COFIELD, PROPRIETOR
September 30, 2011
COFIELD CLEANING SERVICE
BUSINESS PLAN SUMMARY
Cofield Cleaning Service is a start–up business that provides cleaning services for residential homes.
Primary services include floor, window, and bathroom care. The business is seeking $5,900 for
equipment, supplies, and advertising.
The name and address of the business is:
Cofield's Cleaning Service
600 Hunterdale Road
Franklin, VA 23851
Phone: 757–304–9401
Fax: 757–304–9401
Email: sonmorton@gmail.com
The name and address of the business owner is:
Sonji Morton Cofield
600 Hunterdale Road
Franklin, VA 23851
Market
The potential market for Cofield Cleaning Service is 210 households ... Show more content on
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If 20% of these households use a cleaning service that means 210 households could be potential
customers. Brilliant's goal is to secure ten customers. It already has three potential customers – see
attached letters of intent.
An average customer would use Brilliant Cleaning Service once a week for an average cleaning
time of four hours.
Competition
Cofield Cleaning Service's main competitors are franchised cleaning services: Molly Maids,
Holland Road, Suffolk, VA. Strengths include name recognition and size. It has 20 employees and
the largest number of customers. It is insured and the employees are bonded. Weakness is lack of
consistency. A customer could have one employee clean their home one week, and have a different
employee another week. It charges $60 for a half–day of cleaning.
Position in the Marketplace
Cofield's position in the marketplace is mid–base residential. Cofields strengths include personal
and professional service. Although the franchisers have strong advertising techniques, a sole
proprietor has the advantage of offering more personalized service. This service gives Cofield a
competitive advantage because most customers prefer the same cleaning person for each cleaning.
Cofield's competitive advantage over Molly Maids is its professionalism. Brilliant is insured and the
owner and employees will wear uniforms for a professional image. Because of the owner's vast
knowledge of houseplants, Cofield's will offer to take care of
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Business Plan Essay
3. Plan IT value imperatives: With the sensible comprehension of the nature and culture of our
business, we are practically prepared to start adjusting the IT work with business system. We ought
to plan the IT domain and see correctly how they are collected into benefit offerings.
4. Interpret the Context: Suspect the internal and external variables that could influence the business.
Translate the overall business and monetary patterns to guarantee your business can effectively
oversee change.
5. Create the change agenda: Examine the patterns as they identify with your association and IT
resources. Make an association wide motivation which traces your synchronization get ready for
business technique and IT. The Change Agenda should fill in ... Show more content on
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Recommendation and Competitive Advantage as for ERP module By using ERP in an organization
not only deals with the Business and IT related issues but also focuses on other aspects like
customer services, inventories, production, web portals..etc. But as we are aligning IT with
Business, our main objective is through machines which drives the business to new level.
The idea of "advantage" is frequently misjudged in assembling; industry experts in some cases see it
as being identified with either shop–floor operations or business procedure. Albeit both those
components are essential, they are vital just with regards to what makes an organization particular:
how its blend of item, process, and individuals empowers it to create an important, extraordinary
advertising.
As the cost will be reduced because of less time period to deal with damages and other problems so
the production will be high. Which increase the demand and results in more benefit within same
operation cost. The profit here we get is hidden as because there is not any cash inflow instead there
are savings from the operation cost. Which will lead to competitive advantage against other
organizations. Thus, we can either reduce the product cost or we can start manufacturing more
products with the hidden profit. Any way we choose, we gain advantage.
Partnership of It with Business
Arrangement of
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Ballet Kansas Business Plan
GOAL #1: To engage students within an inclusive and collaborative community.
OBJECTIVE 1:
For the next year Ballet Kansas will serve 20 – 40 students within all age groups that have
Parkinson's and/or Cerebral Palsy with the intention of expanding class opportunities catering to
other types of disabilities.
ACTIVITIES:
Ballet Kansas will offer five classes (August– June) where students will prepare towards one in–
class performance and the option of performing within the annual recital where their roles will be
determined by the skill level associated within their specific class.
Ballet Kansas will reach out to local schools, organizations, and clinics in Topeka to reach out to the
population and provide informational sessions to create ... Show more content on Helpwriting.net ...
Classmates will provide frequent encouragement to each other and instructors will also provide
constructive but positive feedback
Instructors will incorporate the use of cooperation and socialization skills within classes
OBJECTIVE 2:
Ballet Kansas will ensure student safety during lessons.
ACTIVITIES:
Facilities will be ADA compliant
Instructors and volunteers will be trained in safety and crisis intervention techniques
Instructors will create a structured environment with proper but understandable routines, rules, and
procedures
OBJECTIVE 3:
Ballet Kansas will ensure at least a 1:10 student to teacher ratio within these classes and utilize the
assistance of volunteers with lessons and supervision.
ACTIVITIES:
Hire two additional instructors specializing in Dance Movement Therapy and train current
instructors on best practices and crisis intervention techniques.
Train volunteers on best practices and crisis intervention techniques and ensure weekly rotation of
volunteers
Recruit the help of volunteers with professional dance experience or from partnering organizations
with background in dance movement
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Retailing and Sample Business Plan
SAMPLE BUSINESS PLAN
SAM'S KIDS STORE, INC
Disclaimer: This is a sample business plan, so the company and business information are fictitious.
This plan reflects our standard business plan model, and changes in outline and structure can be
made as per client specifications.
GENERAL COMPANY DESCRIPTION.......................................................................4
MARKETING PLAN................................................................................................8
C.Market Growth:...................................................................................................................11
E.Market ... Show more content on Helpwriting.net ...
Children's T–Shirts An exclusive range of full sleeve children's t–shirts Half Sleeve T–Shirts We
offer a broad range of half–sleeve t–shirts Cotton Knickers Knickers are one of the trendiest as well
as the most comfortable garment for kids, Available in eye catching prints and colors.
II.
Benefits and Features:
Highlighted features:
–
Lovely designs and prints Eye–catching colors Long–lasting Apparels
BizPlanCorner.com
Sample Business Plan
6
–
Comfortable to wear Available in various sizes
III.
Why people need this service?
A number of the factors that have made us the ideal choice of our customers are: Various variety
under a single roof Quality guaranteed goods Customization Capacity to accept mass orders Well–
timed delivery Easy payment modes of Cash
BizPlanCorner.com
Sample Business Plan
7
Marketing Plan
I. Market Analysis:
A. Market Description US kids wear market is highly competitive market, especially after big retail
stores and chains like Wal–Mart, Gap etc entered in the market. Market is shifting from growth to
maturity. The clothing business saw approximately $167,934 million in retail sales; the share of the
Children's & infants' clothing stores is $7,082 millions, the total share of the state Illinois is $328.8
millions, the share of Chicago is $43.356 millions.
B. Market Facts
a) Market Size: Clothing Industry of USA: In the year 2002, the clothing business saw
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Business Plan
Business Plan for a Startup Business
The business plan consists of a narrative and several financial worksheets. The narrative template is
the body of the business plan. It contains more than 150 questions divided into several sections.
Work through the sections in any order that you like, except for the Executive Summary, which
should be done last. Skip any questions that do not apply to your type of business. When you are
finished writing your first draft, you'll have a collection of small essays on the various topics of the
business plan. Then you'll want to edit them into a smooth‐flowing narrative. The real value of
creating a business plan is not in having the finished product in hand; rather, the value lies in the
process of ... Show more content on Helpwriting.net ...
Include everything that you would cover in a five‐minute interview. Explain the fundamentals of the
proposed business: What will your product be? Who will your customers be? Who are the owners?
What do you think the future holds for your business and your industry? Make it enthusiastic,
professional, complete, and concise. If applying for a loan, state clearly how much you want,
precisely how you are going to use it, and how the money will make your business more profitable,
thereby ensuring repayment.
Page 5 of 31
III.
General Company Description
What business will you be in? What will you do? Mission Statement: Many companies have a brief
mission statement, usually in 30 words or fewer, explaining their reason for being and their guiding
principles. If you want to draft a mission statement, this is a good place to put it in the plan,
followed by: Company Goals and Objectives: Goals are destinations–where you want your business
to be. Objectives are progress markers along the way to goal achievement. For example, a goal
might be to have a healthy, successful company that is a leader in customer service and that has a
loyal customer following. Objectives might be annual sales targets and some specific measures of
customer satisfaction. Business Philosophy: What is important to you in business? To whom will
you market your products? (State it briefly here–you will do a more thorough explanation in the
Marketing Plan section). Describe your industry. Is it a
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Business Plan For A Company
Liverpool John Moores University
Event Enterprise and Entrepreneurship (6076TEF)
Business Plan
Ashley McDonald/ 614170
BUSINESS NAME
Tea–Off
NAMES OF OWNERS/DIRECTORS
Ashley McDonald
DATE
30/03/15
Business plan contents
1.1 Executive summary
1.2 Mission statement
1.3 Aims and objectives
1.4 SWOT analysis
1.5 Keys to success
Company Information
2.1 Company Summary
2.2 Company Ownership
2.3 Company Location and Facilities
Market Research
3.1 Market Segmentation
3.2 Target Market Segmentation
3.3 Market Trends
3.4 Market Growth
3.5 Market Needs
3.6 Primary Market Research
3.7 PEST Analysis
Competitor Profiling
4.1 Industry Analysis
4.2 Distribution Patterns
4.3 Competition and Buying Patterns
4.4 Main Competitors
Market Plan
5.1 Strategy and Implementation Summary
5.2 Strategy Pyramid
5.3 Value Proposition
5.4 Competitive Edge
5.5 Marketing Strategy
5.6 Distribution Strategy
5.7 Monthly Marketing Plan
Marketing Programs
6.1 Products
6.2 Products Description
6.3 Competitive Comparison
6.4 Sourcing
6.5 Future Products
Promotion
7.1 Distinctive Logo
7.2 Distinctive Refreshment Cart
7.3 Advertising and Promotion
7.4 Positioning Statement
7.5 Pricing Strategy
Sales
8.1 Sales Strategy
8.2 Sales Forecast
8.3 Sales Programs
8.4 Strategic Alliances
Management
9.1 Management Summary
9.2 Management Team
9.3 Management Team Gaps
9.4 Organisational Structure
9.5 Personal Plan
9.6 Human Resource Management
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Essay on Business Marketing Plan
Coursework 1: Task: Marketing Plan for a new street wear (leisure/sports wear) manufacturer who
does not wish to distribute goods via traditional retail outlets. Introduction. The purpose of this
report is to develop a clearly structured and efficiently detailed plan, regarding the creation of a
business producing and distributing leisure/sports wear clothes in UK. The business plan is designed
to function under a focus–differentiated strategy, via internal resources. In the sense that growth will
be achieved through the resources equally provided by the two owners of the business. The
differentiation point of the product, as reflected by the marketing mix, will be the one emphasizing
the good quality of the product and quick service ... Show more content on Helpwriting.net ...
(Mintel – Sports Clothing, November 1998) Many of the trends that were obvious in 1995 have
become more determined. Some of the most important between these are the increasing influence of
fashion over the youth market and the heightened interest in active lifestyles. Whether they are
actually participating or not, being seen to be wearing active gear is highly desirable for the 15–24
year old age group. An older market, people who are 'staying younger longer' and leading more
active lifestyles, is also increasingly embracing outdoor sportswear. (Mintel – Sports Clothing,
November 1998) Mintel estimates sales of sports clothing to be worth some £2 billion in 1998,
although much of this is dependent on the youth market. As the youth population (15–24 year olds)
is forecast to increase by 3.5% by 2002, the core market will be larger and sustainable growth will
be easier to achieve. The older generation is on the increase as the 'baby boom' population bubble
ages. However, very little of the sportswear on offer from the leading manufacturers is designed for
older age groups or tastes. (Mintel – Sports Clothing, November 1998) In the sports market the
leading brands are quite a lot. A big number of those leading brands still dominate the sports
clothing market. However, with the increasing fashionability of sports clothing many traditional
fashion labels are making inroads in the sports leisurewear market. Particularly those that have
strong labels
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Marketing Plan For A Small Business
Thesis Statement: The economy is for ever changing toward what has control of demands, the
environment of entrepreneurship is high on the charts, however the small business are surviving
equally with the large businesses.
Key Points:
The interest of how a small business begins the foundation of the establishment and analyzing the
duties of managing this goal.
Elements that make a business such as the investors, consumers, and strategic management will be
explained in detail.
The benefits of TQM when implementing the strategic plan to meet goals or increasing profit within
a small business.
The economy's motivation of small businesses stability as compared to large businesses that are well
established, also the financial assistance of other organization including the government.
Different categories of a company and the importance of CRM to any size business.
To compare the marketing plan of a small business and a large business where it reflects the
strengths, weaknesses, opportunities and threats.
Conclusion: This paper is intended to give clarity on the depths of small businesses, how they plan
to succeed and get through possible adversity. The surviving mechanism it takes to maintain in a
world where large businesses are expected to exist longer than small business.
Small businesses are becoming a trend in the work environment today. The analogy of small
businesses to large business brings about the question, "Can they eventually equal up in the world
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Business Plan and Market Strategy
Business plan
Market Strategy
The main objective and focus of our marketing strategy is to relay the information concerning the
unique variety of products and services that we shall be offering to our customers. In that regard, our
marketing strategies are established in view of the need to ensure customer satisfaction and ensure
that they get the true value for their money. The strategy will also facilitate the communication of
our core brand values and to ensure a tight and close working relationship with our suppliers and
clients. At the core our strategies is the aspect of product differentiation and growth. Growth shall be
ensured by the focusing on new markets both within and outside the local environment. Market
differentiation becomes important in this industry considering the imperatives of quality and
customer–centric nature with respect to attracting new guests to the hotel ADDIN EN.CITE
Hallock2009161(Hallock, 2009)1611616Hallock, M.Hotel accounting2009Chandni Chowk,
DelhiGlobal Media( HYPERLINK l "_ENREF_4" o "Hallock, 2009 #161" Hallock, 2009).
The marketing strategy is further based on ensuring the business becomes the destination for many
international students who come to the UK every year in pursuit of further studies. It will meet the
demands of those who look for quality amid the need to minimise their costs. The Hotel will
therefore use several media and avenues in order to advertise itself. The Yellow pages will be
adequately used in marketing
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Business Plan Essay
To develop a sustainable financial management company that generates value for their customers.
1st Year: We aim to form relevant technical partnerships and register as vendor with at least 20 new
clients while closing medium to large scale deals in all our three main areas of business. In this year
we will invest both financial and material resources to ensure that we enter new markets India and
South America strong. We aim to raise sufficient capital to make us more mobile while relating with
international clients.
2nd Year: Our goal will be to consolidate our technical partnerships and become properly
established in our primary market regions, while continuing to pursing and close medium to large
scale deals. We aim to increase our ... Show more content on Helpwriting.net ...
His father Mr. Muhammad Akram is also Saudi Arabia resident and working there since long.
Objective:
Ardent to acquire a career oriented and challenging position in esteem and dynamic organization
that can provide me opportunities to grow and prosper in the organization through the utilization of
my entrepreneurial knowledge and professional skill
Professional Experience of Mr. Hassan Khan Mazari:
(An operations director is an interesting position where you're responsible for ensuring that a
business has the best working environment and processes).
He is working as a Director Operations in CORE Business Consultants since completion of his
graduation from FC College, Lahore to up till now.
Working as a Director Operations CORE Business Consultants.
SPECIFIC DUTIES AND RESPONSIBILITES OF THE POST To deliver the service elements
within the five year operating plan, demonstrating commercial focus, a structured approach,
intelligence and enthusiasm.
To establish, in conjunction with other Directors, and then to monitor, clear performance targets,
both quantitative and qualitative, for the Central Operational Management Team, informed by those
activities, which will significantly improve operational performance.
To ensure that the performance of the Central Operational Management Team is efficient, effective
and delivered within
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Unhealthy Locksmith Business Plan
Warrington Locksmith Homepage
Warrington Locksmith is proud to offer customers in our local area with an unbeatable array of
locksmith services. We provide residential, commercial, and automotive services you can count on.
Our locksmiths are licensed, bonded, insured, and have completed the finest possible training to
ensure your complete satisfaction. Our locksmith services are available 24 hours a day, 7 days a
week covering replacement, repair, and of course complete lockout services for you home, auto, or
business.
We're Here for You
There is nothing worse than coming out of the shops to find you have locked your keys in the car or
to arrive outside your front door, only to find you have lost your keys. That is unless you come
home to ... Show more content on Helpwriting.net ...
We offer a full range of superior quality locks, professionally installed to protect you, your family,
and everything you have worked for. One thing to keep in mind though is that no matter how good
your locks are, they only work if you remember to keep them locked.
Let Us Help You Today
At Warrington Locksmith Services we are here when you need us and never add a call–out fee to
your bill. The costs for all parts and services will be shown clearly on your bill making it easy to
understand. Our prices are the lowest in the area. We are proud to say that our unbeatable prices and
services are why our customers love us and why we are one of the top rated locksmiths in the
region. Call us today and find out for yourself why everyone loves Warrington Locksmith
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Business Plan Laundry
STRATEGIC PLAN WINTER 2005 Mission Statement The mission of the Davidson College
Laundry is to provide laundry services to students, college departments, and private individuals. By
doing so in a convenient, timely, personalized and financially responsible manner, the College
Laundry enables students to spend more time in academic and extra–curricular pursuits and
effectively supports departmental activity. Services include the care and handling of personal
clothing, bed linens, dry cleaning, and catering linens. Core Values Integrity Every member of our
organization behaves in an ethical manner. We will do the right things for the right reasons.
Customer Service We will act in the best interest of our ... Show more content on Helpwriting.net ...
Use plan to gain approval and funding for the project. Advocate for additional work–study students
in our labor force to control labor expenses as volume of work increases. SAMPLE PLAN Xpress
Laundry Service Business Plan 1. Executive Summary Xpress Laundry Service is a laundry service
designed to save Xavier University students the one commodity that they can never get more of:
time. The average student wastes an average of 1 ½ hours in the laundry room either weekly or bi–
weekly. This unproductive use of time has created a strong demand among Xavier resident students
for a company to take this burden of endlessly washing and folding clothes off of their hands.
Xpress Laundry Service seeks to meet this demand by providing a much needed high quality service
to these students at a fair and always low price. 2. Company Description Xpress Laundry Service is
a full service laundry service designed with the college student's budget in mind. Basically, Xpress
picks up the students' laundry from their residence hall, washes and folds the laundry using only
Tide premium detergents, and drops the laundry off within 48 hours. This service is provided at the
low price of just $8 per wash which is defined by the amount of laundry that the customer can fit
into an Xpress Laundry Bag (about 25lbs.) Currently Xpress' clientele is continuing to grow each
week. This growth is due mostly to
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Business Plan For Swot
ABOUT US
UOK is your trusted home for all travels, events management, recreation, errand, diaspora, and
business solutions. UOK is one of the industry's fastest growing corporate travel management and
business solution companies with over fifteen (15) years experience. If you partner with us at UOK,
we will ensure that all traveling and business logistics are handled professionally, less expensive,
easier, safer, and more efficient for you. Our team is composed of qualified and well–trained
individuals who derive joy in providing solutions to all your needs in all areas of business
endeavors. We will combine our worldwide reach with an understanding of your unique needs, and
the markets you work in to ensure success in all ramification. ... Show more content on
Helpwriting.net ...
We implement the best tools and strategies for our clients to facilitate lower fees and higher
adoption rates.
Our primary mission at UOK is to deliver an excellent and superior corporate travel services to our
clients. We leverage on our understanding of corporate context, our extensive industry expertise, and
cutting edge technology to bring ease and value ease to your travel experience.
With UOK, service comes first. UOK has thousands of travel consultants around the world who
conform to stringent SLAs to deliver a superior service and value for travelers. We provide first–
class business travel services with value–added options which includes a comprehensive approach to
global travel management.
Comprehensive Travel Management expertise
We also provide business travel and meetings/events management services to corporate clients on an
international basis. This includes the accommodation, reservation of flights, trains, car hire, visas,
venues, and the provision of online solutions (including self–booking and bespoke client portals), as
well as financial management solutions to bring
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Business Plan Example
"Location, place, area" is the old adage about picking realistate for your organisation. High website
traffic areas, areas that are quickly ease of access for customers, as well as structures that best fit the
company are a few things local business owner consider. These exact same insights apply to a
business's website. The place of your internet site, its style, and its marketing all contribute to its
success. Higher online web traffic, website usability, as well as having relatable web content all lead
to higher ROI as well as greater conversion prices. The Chicago Website Design SEO firm deals
with you to make your web site skyrocket.
San Diego, California SEO companies implement strategies in conformity with Google's on the
internet ... Show more content on Helpwriting.net ...
SEO is a procedure that calls for time to work. Our customers are not just more probable to obtain
far better outcomes, yet likewise to preserve those results beyond the initial working period. The
Chicago Website Design SEO Company asks brand–new customers to secure these things when
signing onto our expert SEO services:
1. An authorized form of settlement on file
2. Accessibility to any existing company website
3. A summary of your product or services
4. Your address and also contact info in order to get your progress reports
What You Get From San Diego SEO Services
When we have an authorized agreement, we will certainly collaborate with you to get the most
effective results. We ask customers to stay on for 6 months as the time framework is most helpful
for enhancing your roi (ROI). Our SEO company will send you month–to–month outcomes showing
your online standing and also success of your internet site on the top search engines including
Yahoo! as well as Bing. Upon getting to the end of your 6 month dedication you could resign to
continue our solutions. While quiting SEO services could not alter your site success instantly it is
not always our referral. SEO in San Diego is a procedure. The search–ability or rank of every
internet site is likely to transform over time.
The Chicago Website Design SEO Company is different from various other San Diego SEO
specialists. While some SEO firms supply limiting pre paid plans, our firm is committed to your
success. We will not
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A Business Plan For Nouveau Riche
You Are An Entrepreneur!
Ariel Keaton Professor Kenneth Guyette
ACC 557 – Financial Accounting
Abstract
The paper presents a business plan for Nouveau riche. Nouveau riche Boutiqueis a fashion retail
store located in Charleston, SC. It is a sole proprietorship and is managed by the owner. It sells
fashionable clothing, shoes, purses and accessories. The business plan will also presents the
projected sales analysis, projected profit and loss, and projected balance sheet in the next five years.
Also, the two accounting principles is being discussed in this paper. The paper will differentiate the
Generally Accepted Accounting Principles (GAAP) from the International Financing Reporting
Standards (IFRS) and will choose what principle ... Show more content on Helpwriting.net ...
The behavior of an entrepreneur is essentially rooted in its choices or self–determination that leads
to realistic actions like developing a business plan, registering a business, lodging a patent
application, acquiring resources (Mueller, et. al, 2012). A good entrepreneur should be proactive on
its business venture. In today's competitive marketplace, a business owner or an entrepreneur's
proactive behavior will help in the running of the business and planning for the future. A business
plan is a very significant tool in start–ups. A business plan is like a road map. It provides a business
owner with direction and guides a start–up entrepreneur in developing a business (Moskwa, 2014).
A business plan should define what you're going to provide the potential market. It should state the
value of the business, its competitive advantage, the target market, and will the market of your
choice be interested on what you offer instead of going to the competition (Moskwa, 2014).
"nouveau riche" Business Plan
Executive Summary Nouveau riche Boutiqueis a fashion store and online fashion retailer which
caters to women of all ages. Nouveau riche Boutiquewill sell trendy, fashionable women's shoes,
clothing and accessories. The store will showcase the latest trends in fashion. It is an off–price
fashion store, trendy yet affordable. Nouveau riche Boutique is a sole proprietorship in the name of
Ariel R
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Business Plan For A Business
Starting a business can be very difficult. It can often take an immense amount of start–up funds that
new entrepreneurs don't have. However, based on the point in someone's life at which they want to
begin a business endeavor, their credit score may not allow for approval of certain loans or funds.
Therefore, a new company, ZipCap, has started an innovative approach to borrowing funds for small
business owners. For ZipCap, "The aim is to offer small retailers like restaurants, boutiques and
service providers access to low–interest loans financed by investors with a vested interest in
supporting a local economy (Cowley)." For many small business owners, they often fail before they
can even get through their first sales quarter due to unexpected costs and lack of funds. ZipCap aims
to fix this problem. A San Francisco based company, operating all across the country however,
appeals to the mom and pop shop that gets doors slammed in their face by big banks. ZipCap aims
to be just as much as a pivotal member in the community as the local business it is helping is as
well. As ZipCap itself is also in its infancy, its first 'guinea pig' company is Beezy's Café in
Ypsilanti, Michigan. Open for six years, while Beezy's has much acclaimed around the local
community; to banks it is an immense liability. It isn't immensely profitable; its owner has no
collateral or property to own (including the actual restaurant which is leased). However, these are
not red flags for
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Business Plan: Transportation Essays
United Transportation Table of Contents
I. Table of Contents 2
II. Executive Summary 3
III. Company Overview 4
IV. Marketing Analysis.. 6
V. Marketing and Sales Plan 7
VI. Operations Segment 12
VII. Management Segment 13
VIII. Funds Required 14
Executive Summary
United Transportation offers premier transportation services throughout the metro Detroit Area. Our
company will provide personal transportation to all individuals but will focus on non–emergency
medical transportation. There is a need for quality transportation services for non–emergency
medical cliental in our area. Our intention is to provide those services to clients and built a
professional business that will expand based on our quality of professionalism and ... Show more
content on Helpwriting.net ...
We will also put our services above and beyond others, not only from online service center for
scheduling, but also for payment plans. We will offer a wide variety of payment plans such as
payment upon service, to daily, weekly, monthly and yearly payment processing.
Economics
The market size we are dealing with is currently large, and only growing. According to J. Davis:
"The elderly population is the fastest growing niche market in the world– and its only getting
bigger! By year 2030, the US elderly population will have doubled, reaching in excess of 70
million!"
In order to gain a big percentage of this ever growing cliental, we are to start building soon. This
way we can grow as the demand for our services grow.
The current demand for professional transportation is high; people are looking for a company they
can rely on.
Technology already gives up amazing options for computerizing our business and our clients.
Within 6 months, our drivers and our clients will have their schedules at their fingertips and able to
change times when needed at their convenience.
With the growing rate of the elderly, increasing the need for our services, the growth potential for
our business is enormous. As long as we stand by our commitment of a professional company and
live up to our own standards, we will surpass the
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Renee Business Plan
Business Plan for a Startup Business
The business plan consists of a narrative and several financial worksheets. The narrative template is
the body of the business plan. It contains more than 150 questions divided into several sections.
Work through the sections in any order that you want, except for the Executive Summary, which
should be done last. Skip any questions that do not apply to your type of business. When you are
finished writing your first draft, you'll have a collection of small essays on the various topics of the
business plan. Then you'll want to edit them into a smooth–flowing narrative.
The real value of creating a business plan is not in having the finished product in hand; rather, the
value lies in the process of ... Show more content on Helpwriting.net ...
Describe your industry. Is it a growth industry? What changes do you foresee in the industry, short
term and long term? How will your company be poised to take advantage of them?
Describe your most important company strengths and core competencies. What factors will make
the company succeed? What do you think your major competitive strengths will be? What
background experience, skills, and strengths do you personally bring to this new venture?
Legal form of ownership: Sole proprietor, Partnership, Corporation, Limited liability corporation
(LLC)? Why have you selected this form?
Products and Services
Describe in depth your products or services (technical specifications, drawings, photos, sales
brochures, and other bulky items belong in Appendices).
What factors will give you competitive advantages or disadvantages? Examples include level of
quality or unique or proprietary features.
What are the pricing, fee, or leasing structures of your products or services?
Marketing Plan
Market research – Why?
No matter how good your product and your service, the venture cannot succeed without effective
marketing. And this begins with careful, systematic research. It is very dangerous to assume that you
already know about your intended market. You need to do market research to make sure you're on
track. Use the business planning process as your opportunity to uncover data and to question your
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Business Plan Project Analysis
Business Name
What is the name of your business?
Hint: When you think of the name of your business, make sure that it captures the spirit of the
business you're creating.
Note to students: Once you have inserted your answer, delete the question and the tip provided here
and leave just the heads so that your business plan will look more professional.
Description of Business
WHAT WILL YOUR BUSINESS DO?
HINT: IMAGINE THAT YOU ARE EXPLAINING YOUR BUSINESS TO A FAMILY MEMBER
OR A FRIEND. THE BUSINESS SHOULD BE EASY TO EXPLAIN. KEEP YOUR
DESCRIPTION HERE TO ABOUT 30 WORDS OR LESS.
Form of Business Ownership
WHAT FORM OF BUSINESS OWNERSHIP (SOLE PROPRIETORSHIP, PARTNERSHIP, OR
CORPORATION) WILL YOUR BUSINESS TAKE? ... Show more content on Helpwriting.net ...
Think about how many levels of management as well as what kinds of managers your business
needs.
Organization Chart
Show how the "team" fits together by creating a simple organizational chart for your business. Make
sure that you organizational chart indicates who will work for each manager as well as each person's
job title.
Hint: Most businesses start off quite small. However, as you create your organizational chart,
consider what your business will look like in the future. What different tasks are involved in the
business? Who will each person report to in the organizational structure? Refer to the discussion of
organizational structure in Chapter 6 for information to get you started.
Floor Plan
Create a floor plan of the business. What does it look like when you walk through the door?
Hint: When sketching your floor plan, consider where equipment, supplies, and furniture will be
located. Ask your instructor how they would like you to submit the floor plan for your business.
Raw Materials and Supplies
Explain what types of raw materials and supplies will you need to run your business. How will you
produce your good or service? What equipment do you need? What hours will you operate?
Hint: Refer to the discussion of operations in Chapter 7 for information to get you started.
Quality Assurance
What steps will you take to ensure that the quality of the product or service stays at a high level?
Who
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Marketing Plan For A Business Plan
"Matilda Coconut hair products aims to provide high quality hair care products that enhance the
beautiful, health and shine hair and positively contribute to the environment by using natural
ingredients found in coconut oil. We pride ourselves on providing a high quality product that carters
to our customers' hair management care and enables them to grow health hair."
2) Next, create an outline for a business plan by answering the following "nine questions every
business plan should answer":
1. Who is the customer?
The customer is the party that will receives or consumes my products and has the ability to choose
between different products and suppliers. The customers for my products would the working moms,
housewives and dads in my local area. I would like to start by selling and marketing my product to
them firms because I know how I can reach them. I would also call them my target customers
because I have a clear strategy and know channels to use to reach them. To be able to know my
customers needs and met their needs I would have to perform a customer analysis to define exactly
which customers I need serving.
2. How does the customer make decisions about buying this product or service?
It is good to able to examine how the customer makes decisions about which product to buy after
evaluating the different solutions and products available for respond to his/her need, he/she will be
able to choose the product or brand that seems most appropriate to his needs.. One has to
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Customer Service Business Plan
Kate Tansiriyakul
Unit 904/2, 2 Nind Street 0426 639 756
H2O Broadwater Apartments DOB: 19 October 2001
Southport, Gold Coast, 4215 katietansiri85@gmail.com Career Objective
I am looking for a casual or part–time job in a customer service position where I can develop
employment skills and broaden my work experience in the real world.
Education
2013: Year 7, Indooroopilly State School, Brisbane
2014: Year 8, Brigidine College Indooroopilly, Brisbane
2015: Year 9, Benowa State High School, Benowa, Gold Coast
English, Science, Mathematics Extension, Studies of Society and Environment (History &
Geography), Religious Education, Health & Physical Education, Japanese,
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A Business Plan For Small Business Essay
1. INTRODUCTION
A good business plan is not only important in developing the opportunity but also essential in
determining the resources required, obtaining those resources and successfully managing the
resulting venture. Running a Business is both exciting and challenging. It requires to develop
business tools for the better with proven advice and successful strategies for small business, plus
practical guidance on how to find business funding, chose a business idea, or get your business up
and running. Many people these days prefer to open their own business but they need to do a
detailed research and consider practical things to gain the confidence of starting it in this
competitive world. I recently came across one of my family friends who is running small business in
mobile truck shopping named as "Easy Shop" in Auckland. Mobile truck shops trawl around
different areas, selling to families door to door. He is in his late 20's and graduate in business
administration and has been running this business with a team of 5 for 3 years. He is a smart
business runner and confident about his marketing and strategic skills but is presently struggling to
get enough profit out of his business and compete with the potential big competitors like Home
Direct and Good Guys in the market. He started off quite well and managed to reach the profit
intersection within 2 years but profits started to fall in the 3rd year suddenly. As I am about to
complete my post graduation in business
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Business Plan
Business Plan
What is Blueberry Nights?
Type: bar and restaurant for young people
Category: II. class
Service method: plate service
Menu type: A'la Carte
Opening hours:
Sunday to Wednesday 10:00–22:00
Thursday to Saturday 13:00–05:00
No day off
Target market: students, tourists and residents
Location: Budapest, Margit körút
Few steps from Margaret Island
Easy to reach by tram
Seating capacity: 120 (80+40) 1st floor: kitchen area, 80 seated restaurant, bar, armchairs, dance
ground, toilet 2nd floor: private saloon for groups max 40, bar, music box, toilet
Staff: 3 Managers, 1 Chef, 1 Assitant Kitchen Cheff, 2 Cooks, 2 Kitchen Maids, 2 Dishwashers, 6
Waiters, 4 Cleaning staff, 2 Bartenders
Step 1– ... Show more content on Helpwriting.net ...
Our restaurant is equiped with the latest design and its suficient for the latest trends.
Market Outlook
The market in this area is always growing becouse people need good clubs and restaurants in the
Buda side as well, so with a good quality and well designed restaurant we can be in a really good
position in the maket. There are more and more costumers who willing this but only nowadays
restaurants realized that opening a restaurant in Buda is as much favorable than in Pest.
Competitor Product Summary
In the neighberhood of the restaurant competitors are try to generate more clients with
discounts,special events and business menus. They offer lunch meni every Monday to Friday for a
really low price that generate more costumers. They provide happy hour for drinks when the sell the
drinks for a lower price and special events when there is a discount for some drinks and there are
other additional benefits for the costumers. They also offer promotions for foods and drinks as well.
Niche Orientated Positioning and Targeting
Niche oriented for the middle age and young generation
The prices and the type of the drinks/foods are sufficient
Good quality food for a normal price
The design is casual/ elegant
Quality products for an affordable price
Advertise on Facebook
BCG MATRIX
SWOT Analysis
Strengths:
Well–trained staff
Clean and tidy
Cheaper than our competitors
Comfortable
Unique
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Sample of Planning Department Business Plan
[pic]
[pic] [pic]
Contents
Executive Summary 3
Mission Statement 3
Organizational Structure 4
Program of Services 5
Program One Current Planning 5
Services 5
Service level Objectives 6
Service Level Measures 7
Departmental Strategies 7
Citywide Goal 7
Future Outlook 8
Program Two Long Range Planning 8
Services 8
Service level Objectives 8
Service Level Measures 11
Departmental Strategies 11
Citywide Goal 11
Future Outlook 12
Funding Needs 12
Staffing 12
Operations & Maintenance 13
Capital 13
Key Issues 13
Departmental Analysis Appendix A
planning Department
2009/10 Business Plan
Executive Summary
Both the Current Planning (Development Review) and Long Range Planning (Comprehensive
Planning) programs relate directly to the ... Show more content on Helpwriting.net ...
Service level Objectives
These services are delivered in response to citizen, property owner, and developer questions and
applications. These services are conducted largely in the Current Planning program, which is staffed
by two planners. The Planner II devotes about 80% and the Assistant Director devotes 60% of work
time to these services. One long range planner (not in this program – in Long Range Planning) also
conducts many of these reviews (about 40% of work time allocated). A second long range planner
(not in this program) occasionally conducts casework (about 15% of work time). The Program also
includes two full time Development Coordinators. These positions provide full time support to
planning, engineering, and building as well as an interdepartmental reviewing team (Development
Review Committee). The Planner II also serves as the City's Land Manager, devoting roughly 5% of
work time to this function. The Director of Planning devotes about 50% of time providing direction,
oversight, and interdepartmental coordination on a weekly basis. Normal working hours where this
service is provided is Monday–Friday 8:00 a.m. to 5:00 p.m. with weekly night meetings. Most of
the service is provided at City Hall with occasional off–site meetings at other City facilities or with
customers. Work also involves site visits and inspections.
Service Level Measures
|Service Level
... Get more on HelpWriting.net ...
Management and Business Plan Outline
How to Write a Business Plan
Writing a business plan may sound simple enough, but it actually takes several dire and crucial
steps. According to entrepreneur Darrell Zahorsky, the following steps are all essential in
comprising a plan for one's business:
1. "Audience & Funding Type: When writing a business plan, you must determine who will be
reading it. This decision will shape the business plan. Do you plan to go for debt or equity
financing? Each form of funding for your business has pros and cons. For instance, the venture
capital market can be very time consuming and competitive. Do you have the time to write the
business plan for investor funding and to network within the community? Writing a business plan
for investors is 15–30 ... Show more content on Helpwriting.net ...
These are all questions you need to answer to define your business structure." Zahorsky adds: "The
easiest way to go about collecting all your experiences, interviews, and research is to create files for
each section of the business plan. These files can be: paper–based, computer files or set–up using
business planning software. As you start the research and collection phase of planning, fill your files
with notes and printouts."
5. General Industry Overview: At the fifth step, one should: "Begin the research process with an
overview of the industry; uncovering industry and association reports. By having a general
understanding of the industry, you will avoid embarrassment in contacting experts with basic
questions. Begin the field research once you have a good grasp of the industry fundamentals and
need answers to the hard–to–find information." This step is also the time where one would answer
the following questions: "What kind of tangible items will you need to get your business started? Do
you need inventory? You will most likely need an assortment of office supplies no matter what your
business. Items such as a computer, printer, and fax machine are all typical office needs in today's
society. Do you need equipment? This is a good time to research what you may need in the way of
equipment for your business. Make a detailed list so you can easily research costs for each."
6. Analysis:
... Get more on HelpWriting.net ...
Business Plan for an Established Business Essay
Business Plan for an Established Business
This business plan consists of a narrative and several financial spreadsheets. The narrative template
is the body of the business plan. It contains more than 150 questions divided into several sections.
Work through the sections in any order you like, except for the Executive Summary, which should
be done last. Skip any questions that do not apply to your business. When you are finished writing
your first draft, you will have a collection of small essays on the various topics of the business plan.
Then you will want to edit them into a flowing narrative.
The real value of doing a business plan is not having the finished product in hand; rather, the value
lies in the process of research and ... Show more content on Helpwriting.net ...
Management and Organization 4
Professional and Advisory Support 4
VII. Personal Financial Statement 4
VIII. Financial History and Analysis 4
Debt Schedule 4
IX. Financial Plan 4
12–Month Profit and Loss Projection 4
Four–Year Profit Projection (Optional) 4
Projected Cash Flow 4
Projected Balance Sheet 4
Breakeven Analysis 4
X. Appendices 4
XI. Refining the Plan 4
For Raising Capital 4
Refine Your Plan for the Type of Business 4
Executive Summary
Write this section last!
We suggest that you make it two pages or less.
Include everything that you would cover in a five–minute interview.
Explain the fundamentals of the business: What is your product, who are your customers, who are
the owners, and what do you think the future holds for your business and your industry?
Make it enthusiastic, professional, complete, and concise.
If you are applying for a loan, state clearly how much you want, precisely how you are going to use
it, and how the money will make your business more profitable, thereby ensuring repayment.
II. General Company Description
Mission statement: Many companies have a brief mission statement, usually 30 words or fewer,
explaining their reason for being and their guiding principles. If you have a mission statement, this
is a good place to put it in the plan,
... Get more on HelpWriting.net ...
Essay on Rochester Business Plan
A Marketing Plan to Retain Rochester's Youth
Rochester's 18–28 year old population has been leaving this city in mass amounts. This is common
knowledge, and our plan is targeted towards the target audience in efforts to keep them here for a
longer duration of time.
We feel that there are several beautiful attractions that make up the Greater Rochester Area of which
this target audience is unaware. This marketing plan aims to get this market out into the suburbs and
city of Rochester to see the diversity and unique options that our area provides. This will alleviate
the negative stigma held by the 18–28 demographic by bringing to their attention the ample business
and ... Show more content on Helpwriting.net ...
Marketing Tactics 10
10. Cost and Implementation 13
11. Measuring Success 13
12. Summary 14
13. Appendices I–IV 15–17
14. Works Cited
Current Situation
Economic:
Despite the fact that the unemployment rate is at the national average of 5.4% (as of Feb. 2005),
there seems to be a negative stigma about Rochester. Upon taking a
... Get more on HelpWriting.net ...

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Essay On Starting A Business Plan

  • 1. Essay on Starting a Business Plan Starting a new business is an exciting venture and has its unique mix of challenges and rewards. Many are set–up for failure if no clear goals or measures are established and adhered. According to the Small Business Administration, "Planning is critical to successfully starting and building a business." The best advice for a new entrepreneur interested in starting a business is to create a solid business plan that outlines the business in its entirety. A well–constructed, written business plan will help owners remain focused on their operations, marketing and financial measures through the duration of the business life. In addition, knowing the risks involved in starting a business can help prevent and minimize mistakes that cause many ... Show more content on Helpwriting.net ... Strategic major milestones to be achieved can be mentioned that include customers, revenue, and expansion details. In a small business blog, Fisher (2011) states, "Think of it like a birds‐eye view of the company as it currently exists and where you envision it to be in the future." In addition, it may be worthwhile to include descriptions of the founders of the business and their extending experience from the industry. The operations of the business is critical in a business plan because it describes the main components of your business. Management duties and responsibilities can be addressed in terms of the day–to–day operations. This includes what each day of the week will entail for the schedule of the business. Likewise, many topics should cover the nuts and bolts of the business such as production and manufacturing, inventory, and distribution. Topics such as the location, employees, and equipment should be considered to provide the most competitive advantage and success for the business. Lastly, every business requires a structured form of legal registration for licensing, insurance liability and tax purposes. Marketing One of the toughest challenges of new businesses is attracting new customers. Having an effective marketing strategy in place is a vital implementation in increasing the awareness of your product or service. The marketing strategy section should ... Get more on HelpWriting.net ...
  • 2.
  • 3. Business Plan Proposal Business Plan Proposal Introduction The development of start–ups is an important business activity that requires effort, time, and financial resources. It is important to correctly establish the resources that are required by opening a business in order to be able to successfully reach the objectives established for businesses in each situation. In this case, the business plan refers to developing a restaurant that focuses on providing meals that are based on organic foods. The benefits of organic foods are well known. There are numerous studies in the field that have identified the benefits that organic foods have on individuals' health. There are also numerous studies that reveal the effects that fast food has on people. Certain governments in different companies develop campaigns intended to increase awareness on such issues, and to modify the eating habits of people in these countries. However, it is difficult to reach this objective when customers have numerous fast food restaurants to choose from. These restaurants provide fast service at smaller prices, and this is what most customers want. Therefore, it is important that food providers participate in campaigns developed by governments in their attempt to improve eating habits. Restaurants that provide healthy food have a better image on the market in comparison with fast food restaurants. But health food is considered to be more expensive. This refers to higher production costs, increased costs of ... Get more on HelpWriting.net ...
  • 4.
  • 5. Outline Of A Business Plan For Your Tutoring Business Goal: July SEO Content Pack RichTutor.com Total Words in this Document: Title: July SEO Content Pack RichTutor.com Article: How to advertise tutoring 3 Ways to Advertise Your Tutoring Business You might feel like shouting your new tutoring business from the rooftops, but that's not the most effective way to advertise your new tutoring business. Developing a solid marketing plan for your tutoring franchise involves setting realistic, measurable goals, and the vital steps to accomplish each goal. It's important to think about your market. Will you be primarily tutoring children? If so, your market may be wider than just the parents of your prospective clients. Think outside the box – your audience may also include their teachers, ... Show more content on Helpwriting.net ... Make sure that the information you send is timely and newsworthy – grand openings, special events, responses to studies or reports, and expansions are all great reasons to write and send press releases. Consulting with a marketing firm that specializes in advertising for tutoring franchises, like Rich Tutor Marketing, can help you set a direction for your advertising and marketing plans. Article: Tutoring franchise The Pros and Cons of Tutoring Franchises The tutoring industry is ballooning, expected to exceed $102 billion in 2018. It's a great way for adults of all abilities and interests to not only earn money running their own businesses, but to make a difference in the lives of children and adults looking to improve their studying habits, understand complicated classes, and raise their grades. In North America alone, new franchise opportunities are popping up daily, giving these interested individuals a variety of tools designed to grow both their businesses and the studies of their customers. Just like any other venture, though, there are both advantages and disadvantages to purchasing a franchise of a larger parent company.
  • 6. Pros of Buying a Tutoring Franchise You can pull from the marketing and branding done by the parent company. They invest a great sum of the money that they earn into publicizing the work and system of their program, and ... Get more on HelpWriting.net ...
  • 7.
  • 8. Business Plan For A Company Business plan A composed archive describing the way of the business, the business and advertising system, and the money related foundation, and containing an anticipated benefit and misfortune articulation. A marketable strategy is likewise a guide that gives headings so a business can arrange its future and offers it some assistance with avoiding obstructions. The time you spend making your business arrangement intensive and precise, and staying up with the latest, is a speculation that pays enormous profits in the long haul. Your marketable strategy ought to comply with by and large acknowledged rules in regards to shape and substance. Business plan consists of the following components; 1. Title page and contents 2. Executive summary ... Show more content on Helpwriting.net ... Project plan Project planning is a control for expressing how to finish a venture inside of a certain time allotment, more often than not with characterized stages, and with assigned assets. Project plan is a formal record intended to manage the control and execution of a project. A project plan is the way to a fruitful venture and is the most essential archive that should be made when beginning any business venture. In IT, the term project plan refers to an a Gantt outline or some other record that shows venture exercises along a course of events. Then again, considering these records alone as a task arrangement is off base. These specific records can be all the more exactly termed as task timetables, and may be viewed as just a piece of the real venture arrangement. A project plan is used for these purposes: To archive and impart partner items and undertaking desires To control schedule and delivery To calculate and manage associated risks These business plan, business case and project plan are interrelated. To run a business effectively all
  • 9. of these plan most be made or plan accordingly. As I have already explained about all of these plan business plan is made at first before to start business ... Get more on HelpWriting.net ...
  • 10.
  • 11. Subway Business Plan To:, As part of our evaluation of your application, please carefully answer the following ten questions. If you have partners that will be on the franchise agreement, please have them answer these questions too. All answers and information you provide will be held in strict confidence. 1) Have you ever owned a business before? If so, how many units? Also, please tell us more about your professional background and education. Please include a current resume or CV. –CV Attached 2) Provide a detailed description of how you see yourself as a SUBWAY franchisee. List your duties and responsibilities, both short–term and long–range. –As a subway franchisee I do not see myself as a business owner but as a member of a team that ... Show more content on Helpwriting.net ... –Check background Information, refrences and credentials as well as criminal history. – we need to pursue every avenue to assure that the people we hire can do the job, contribute to our growth and development, and have no past transgressions which might endanger our current workforce. – One key factor in employee motivation and retention is the opportunity employees want to continue to grow and develop job and career enhancing skills. In fact, this opportunity to continue to grow and develop through training and development is one of the most important factors in employee motivation – Expand the job to include new, higher level responsibilities. – Reassign responsibilities that the employee does not like or that are routine. – Provide more authority for the employees to self–manage and make decisions.–Invite the employees to contribute to more important department or company–wide decisions and planning.–Provide more access to important and desirable meetings.–Provide more information by including the employee on specific mailing lists, in company briefings, and in our confidence.–Provide more opportunity to establish goals, priorities, and measurements.–Assign the employee to head up projects or teams.–Provide the opportunity for the employee to cross–train in other roles and responsibilities. – Enable the employee to attend an internally offered training session. This session can be offered by a coworker in an area of their expertise or by an ... Get more on HelpWriting.net ...
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  • 13. Marketing Agency Business Plan Executive Summary: OnSite Marketing, Inc. (OMI) aims to provide advertising, marketing, and public relations services to targeted business environments in the Automotive Aftermarket industry. OMI intends to leverage the thirty plus years that co–owner Steve Crain has in the automotive arena, especially as it related to his position as the Director of Marketing for SEMA (Specialty Equipment Market Association) where he helped SEMA, the non–profit organization that is the core of the Automotive Aftermarket, market and grow their trade show into the industry's largest trade only show. SEMA afforded Steve Crain the networking goldmine that continues to follow and serve him today. OMI's plan seeks to generate company sales and ... Show more content on Helpwriting.net ... (Point of Purchase) Displays Public Relations Press Releases Editorial Special Events Sales/Technical Development Seminars Workshops Video Production OnSite Marketing, Inc. operates with 3 full–time employees along with a family of freelancers who are part of the team. This enables OMI to take on large volumes of work, while keeping overhead and other costs affordable. OnSite Marketing, Inc.'s strategic advantage lies in our capability to be a single source for all of our clients' advertising, marketing, and public relations needs. OMI helps expand our clients' visions and ensures they become reality. Description of the Location OMI is operated out of leased offices located in the City of Corona in Riverside County, California, at 119 N. Maple St, Suite "M", Corona, California 92880. ... Get more on HelpWriting.net ...
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  • 15. The Ride The Waves Business Plan Critical analysis of the Ride the Waves business plan General Structure of the Plan Ride the Waves business plan is fairly detailed regarding the business situation of the firm and its product. However, the presentation of the plan makes it difficult for the reader to understand the purpose of the plan as it lacks coherence and some important details required for a good business plan. Despite the plan explaining the products they offer and the new business opportunity, the author fails to isolate the current business situation and the new business opportunity clearly. Additionally, the author does not clearly explain the intention of the plan. For example, the author states that the plan intends to solicit new capital for the financing of ... Show more content on Helpwriting.net ... In this regard, the general format of a business plan should have a section such as the executive summary, the offer, product description, overview of the organization, situational audit, key strategic issues, specific strategies, risk analysis and the action plan (Barrow, Barrow and Brown, 2008). In the current Ride the Waves business plan, some of the key sections are missing. For instance, the new product is not comprehensively described by the author. Generally, it is a requirement to describe the product in its own section. In the case of this plan, the author just mentions the product among other offered products of the firm. In addition, the plan lacks strategic sections such as marketing strategy, the business strategy, competitive strategy among others. Besides, there is a serious disconnect between the executive summary and the main body of the plan. An executive summary should be based on what is included in the plan. In the case of the Ride the Waves business plan, concepts such as the business opportunity and business model are mentioned in the executive summary but are totally lacking in the main body of the plan. Furthermore, the current business situation and the strategic plans and how they will be accomplished are lacking. Additionally, the author indicated that availability of competitors' summary and other information in the appendices of the plan. However, the appendices section of the plan is not included in the ... Get more on HelpWriting.net ...
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  • 17. Business Plan Essay What you need to do instead to increase your chances of raising money So, if writing a business plan won't increase your chances of attracting money, what will? How do you increase your chances of generating investor interest and launch a startup successfully? You could find part of the answer from the answer Sam Altman, the president at Y Combinator, gave at a EconTalk podcast when explaining the firm's logic of not reading business plans. "We would rather spend the time working on their product, talking to users. What we care about is: Have you built a product? Have you spoken to users? Can we see that?" he said. Essentially, the answer lies in spending your time doing these four actions. Fill out the Lean Canvas You should swap ... Show more content on Helpwriting.net ... It'll be the best way to figure out whether your assumptions are correct and gives you the chance to tweak them and your products or service if they aren't. There are two core areas to focus on: Customer pain points Financial metrics Let's look how you can validate these the most effectively. Validate customer pain points To know whether you know what the problem truly is for the customers, you need to actually talk to them. You won't know if your new shirt buying app is a hit unless you know what aspects customers most hate about buying shirts and whether your proposed solution could solve those issues.
  • 18. ADD IMAGE From "Talking to Humans." Photo Credit Tom Fishburne How do you talk to people? You could use the following tactics: Surveys – Customer focus groups – Trade fairs – Landing pages These offer you the chance to talk directly to potential customers and get their feedback. You can also just check social media and conduct keyword search on Google. What are the people searching solutions for? What are the pain points in current products and services that people mostly complain about on social media? Add Youtube The channels you should focus on browsing for real customer pain points include: Quora – Reddit – Stack Exchange Looking at these elements can help you identify the struggle customers have with existing product and the queries they are trying to ... Get more on HelpWriting.net ...
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  • 20. Buster Business Plan Essay Debra J. Lawrence LA6525017 Management 190–SP Entrepreneurship Business Plan BUSINESS PLAN Buster's Retail Store 1501 Maple St P.O. Box 2534 Tacoma, Washington 98453 * INTRODUCTION * DESCRIPTION * PURPOSE * OWNER/EMPLOYEES * FINANCIALS * SALES FORCAST * PRO FORMA STATEMENT * MARKETING * OPERATIONS * LEGAL/SUNDRY * MAJOR CHALLENGES Introduction and brief description of the venture a. Buster's is currently a small store operating in the lobby of the Sparks Building, a large office building, located at 15th and Maple in downtown Tacoma, Washington. Buster's occupy 1,000 sq ft on the first floor b. Our vision for Buster's is to ultimately expand to a chain of ... Show more content on Helpwriting.net ... e. The current employees will be compensated at $12.00 – $15.50 per hour. The new full–time employees will be compensated at $9.00 per and the part–time employee will receive $8.00 per hour. All full–time employees will receive additional benefits (health insurance, workers compensation, cafeteria and life insurance.) Wage adjustments are anticipated to be about 4% per year Financials Research indicates that the revenue requirements to add an additional store come to $250,000, which is largely single time fees associated with opening the store. These costs are financed through owner personal financing, private investors and loans from the SBA. It should be noted that we expect to
  • 21. be operating at a loss for the first six months before advertising begins to take effect and draw in customers. Buster's will be receiving periodic inflow of cash to cover operating expenses during the upcoming two years in order to sustain profitability. Most of this funding has been arranged through lending institutions and private investors. No anticipation of cash flow problems is expected during the next three years. Sales Forecasts Buster's expects a strong rate of growth at the start of operations. Below are the expected financials over the next three years. Pro Forma Income Statement: | | | | | | | | | | | | | | | | | Pro–Forma Income Statement | | | Buster's, Inc. | | | | ... Get more on HelpWriting.net ...
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  • 23. Assignment : Formulation Of Business Plan Essay INTERNAL RESEARCH ASSIGNMENT Name of the student: MANIKA GUPTA Enrollment No. : 04615903915 Course: MBA (III) Batch: 2015–2017 Shift: Ist Section: A Subject: Entrepreneurship &Small Business Development Subject code: MS– 207 Topic of assignment: FORMULATION OF BUSINESS PLAN Subject Teacher's name: Prof. P.N. Kathuria RESEARCH ASSIGNMENT Subject: Entrepreneurship &Small Business Development Subject Code: MS 207 Semester: MBA III Batch: 2015 – 2017 Instructor: Prof. P.N. Kathuria QUESTION: Discuss the nature of Information required at different stages in formulation of a business plan/project report. Critically highlight the common errors noticed in project formulation and ways to avoid them. You are starting a small manufacturing unit; give an outline of your business plan. SOLUTION: A. Information required at different stages in formulation of a business plan: 1. General Information:
  • 24. Bio–data of Promoter Name and address of entrepreneur; the qualifications, ... Get more on HelpWriting.net ...
  • 25.
  • 26. Business Plan and Loan Package Running head: TOOTSIE ROLL INDUSTRIES, INC. LOAN PACKAGE Tootsie Roll Industries, Inc. Loan Package ACC561 22 September 2011 Introduction Now that the small business idea has become more that just fine print, it is time to put together a loan package that explains the story of the company. There are important questions to answer, demonstrating the company's ability to correctly make important financial decisions, and detail how the business will pay off the loan. This paper will include the requirements of a loan package, creditor requirements, a ratio analysis, loan justification, and how the company plans to use the proceeds. Tootsie Roll Industries, Incorporated Loan Package Loan Package Requirements Like ... Show more content on Helpwriting.net ... needs a loan to supplement operational expenses and decrease the negative impact market risk factors may have on sales volume. In 2007, the product cost of goods sold increased from costs incurred 2006 as a result of significant increases in prices of many commodities purchased by Tootsie Roll. These commodities consist of some of the major ingredients used in Tootsie Rolls and other products, such as corn syrup, dextrose, milk products, vegetable oils, sugar, and gum base ingredients (Tootsie Roll Industries, 2011). As a percentage of net sales, product cost of goods sold increased from 62.8% in 2006 to 66.5% in 2007 (Kimmel, Weygandt, & Kieso, 2009). Light freight and delivery costs increased as a result of increases in energy costs, such as oil used for fuel. Exchange of foreign currency on products manufactured in Canada has generated an adverse effect as well, even though sales growth has increased. Tootsie Roll Industries, Inc. has made efforts to offset the increases in costs of commodities through selective price increases and reducing costs where possible (Kimmel, Weygandt, & Kieso, 2009). However, the company has not been able to recover all of the costs
  • 27. associated with the increases in commodities. The company does not want to risk product price ... Get more on HelpWriting.net ...
  • 28.
  • 29. Business Continuity Plan Business Continuity Particularly, after a crisis occurs getting the organization back up and operational again is critical. Business continuity refers to the ability of the company to recommence or continue business activities after a crisis happens. Furthermore, maintaining the important business functions in the midst of a crisis and after the crisis is business continuity (Crandall, Parnell & Spillan, 2013). It is crucial to have a business continuity plan so the organization has a plan to get operations back up; down time is a loss of money, which coupled with the costs of the crisis cuts even deeper into the organizations profits. When our facility experienced the tragic death of an employee, we shut down the day of the accident, however, ... Show more content on Helpwriting.net ... Additionally, the plan should include detailed information on the key functions and resources the company needs to get operating as quickly as possible. Furthermore, it needs to list the roles of the individuals once the crisis occurs and the plan is implemented. Ensure that all employees know what their duties will be and are trained efficiently to complete tasks. Making the most of the first hour after an emergency is critical in reducing the impact. In addition, a plan in the form of a checklist is beneficial to make sure that everything is being completed. Also, make sure that contact details are listed in the plan for emergency services, customers, suppliers, utility company, and other businesses in the area. The organization needs to plan how to deal with the media as well, and appoint a single company spokesperson. Finally, do not just have one copy of the plan, have hard copies of the business continuity plan at the homes of the key staff members, just in case the plan needs to be implemented from home or if a tragedy destroys the copy at work. Having other copied ensures that the plan is still able to be followed ("Crisis management and business continuity planning", 2009). Definitely, a strategic plan on how the business recovers from a crisis should be a requirement at all companies, although I am sure that will never happen, I am going to start on a plan for the organization where I am ... Get more on HelpWriting.net ...
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  • 31. Cleaning Business Plan COFIELD'S CLEANING SERVICE SONJI MORTON COFIELD, PROPRIETOR September 30, 2011 COFIELD CLEANING SERVICE BUSINESS PLAN SUMMARY Cofield Cleaning Service is a start–up business that provides cleaning services for residential homes. Primary services include floor, window, and bathroom care. The business is seeking $5,900 for equipment, supplies, and advertising. The name and address of the business is: Cofield's Cleaning Service 600 Hunterdale Road Franklin, VA 23851 Phone: 757–304–9401 Fax: 757–304–9401 Email: sonmorton@gmail.com The name and address of the business owner is: Sonji Morton Cofield 600 Hunterdale Road Franklin, VA 23851 Market The potential market for Cofield Cleaning Service is 210 households ... Show more content on Helpwriting.net ... If 20% of these households use a cleaning service that means 210 households could be potential customers. Brilliant's goal is to secure ten customers. It already has three potential customers – see attached letters of intent. An average customer would use Brilliant Cleaning Service once a week for an average cleaning time of four hours.
  • 32. Competition Cofield Cleaning Service's main competitors are franchised cleaning services: Molly Maids, Holland Road, Suffolk, VA. Strengths include name recognition and size. It has 20 employees and the largest number of customers. It is insured and the employees are bonded. Weakness is lack of consistency. A customer could have one employee clean their home one week, and have a different employee another week. It charges $60 for a half–day of cleaning. Position in the Marketplace Cofield's position in the marketplace is mid–base residential. Cofields strengths include personal and professional service. Although the franchisers have strong advertising techniques, a sole proprietor has the advantage of offering more personalized service. This service gives Cofield a competitive advantage because most customers prefer the same cleaning person for each cleaning. Cofield's competitive advantage over Molly Maids is its professionalism. Brilliant is insured and the owner and employees will wear uniforms for a professional image. Because of the owner's vast knowledge of houseplants, Cofield's will offer to take care of ... Get more on HelpWriting.net ...
  • 33.
  • 34. Business Plan Essay 3. Plan IT value imperatives: With the sensible comprehension of the nature and culture of our business, we are practically prepared to start adjusting the IT work with business system. We ought to plan the IT domain and see correctly how they are collected into benefit offerings. 4. Interpret the Context: Suspect the internal and external variables that could influence the business. Translate the overall business and monetary patterns to guarantee your business can effectively oversee change. 5. Create the change agenda: Examine the patterns as they identify with your association and IT resources. Make an association wide motivation which traces your synchronization get ready for business technique and IT. The Change Agenda should fill in ... Show more content on Helpwriting.net ... Recommendation and Competitive Advantage as for ERP module By using ERP in an organization not only deals with the Business and IT related issues but also focuses on other aspects like customer services, inventories, production, web portals..etc. But as we are aligning IT with Business, our main objective is through machines which drives the business to new level. The idea of "advantage" is frequently misjudged in assembling; industry experts in some cases see it as being identified with either shop–floor operations or business procedure. Albeit both those components are essential, they are vital just with regards to what makes an organization particular: how its blend of item, process, and individuals empowers it to create an important, extraordinary advertising. As the cost will be reduced because of less time period to deal with damages and other problems so the production will be high. Which increase the demand and results in more benefit within same operation cost. The profit here we get is hidden as because there is not any cash inflow instead there are savings from the operation cost. Which will lead to competitive advantage against other organizations. Thus, we can either reduce the product cost or we can start manufacturing more products with the hidden profit. Any way we choose, we gain advantage. Partnership of It with Business Arrangement of ... Get more on HelpWriting.net ...
  • 35.
  • 36. Ballet Kansas Business Plan GOAL #1: To engage students within an inclusive and collaborative community. OBJECTIVE 1: For the next year Ballet Kansas will serve 20 – 40 students within all age groups that have Parkinson's and/or Cerebral Palsy with the intention of expanding class opportunities catering to other types of disabilities. ACTIVITIES: Ballet Kansas will offer five classes (August– June) where students will prepare towards one in– class performance and the option of performing within the annual recital where their roles will be determined by the skill level associated within their specific class. Ballet Kansas will reach out to local schools, organizations, and clinics in Topeka to reach out to the population and provide informational sessions to create ... Show more content on Helpwriting.net ... Classmates will provide frequent encouragement to each other and instructors will also provide constructive but positive feedback Instructors will incorporate the use of cooperation and socialization skills within classes OBJECTIVE 2: Ballet Kansas will ensure student safety during lessons. ACTIVITIES: Facilities will be ADA compliant Instructors and volunteers will be trained in safety and crisis intervention techniques Instructors will create a structured environment with proper but understandable routines, rules, and procedures OBJECTIVE 3: Ballet Kansas will ensure at least a 1:10 student to teacher ratio within these classes and utilize the assistance of volunteers with lessons and supervision. ACTIVITIES: Hire two additional instructors specializing in Dance Movement Therapy and train current instructors on best practices and crisis intervention techniques. Train volunteers on best practices and crisis intervention techniques and ensure weekly rotation of volunteers Recruit the help of volunteers with professional dance experience or from partnering organizations with background in dance movement ... Get more on HelpWriting.net ...
  • 37.
  • 38. Retailing and Sample Business Plan SAMPLE BUSINESS PLAN SAM'S KIDS STORE, INC Disclaimer: This is a sample business plan, so the company and business information are fictitious. This plan reflects our standard business plan model, and changes in outline and structure can be made as per client specifications. GENERAL COMPANY DESCRIPTION.......................................................................4 MARKETING PLAN................................................................................................8 C.Market Growth:...................................................................................................................11 E.Market ... Show more content on Helpwriting.net ... Children's T–Shirts An exclusive range of full sleeve children's t–shirts Half Sleeve T–Shirts We offer a broad range of half–sleeve t–shirts Cotton Knickers Knickers are one of the trendiest as well as the most comfortable garment for kids, Available in eye catching prints and colors. II. Benefits and Features: Highlighted features: – Lovely designs and prints Eye–catching colors Long–lasting Apparels BizPlanCorner.com Sample Business Plan 6 – Comfortable to wear Available in various sizes III.
  • 39. Why people need this service? A number of the factors that have made us the ideal choice of our customers are: Various variety under a single roof Quality guaranteed goods Customization Capacity to accept mass orders Well– timed delivery Easy payment modes of Cash BizPlanCorner.com Sample Business Plan 7 Marketing Plan I. Market Analysis: A. Market Description US kids wear market is highly competitive market, especially after big retail stores and chains like Wal–Mart, Gap etc entered in the market. Market is shifting from growth to maturity. The clothing business saw approximately $167,934 million in retail sales; the share of the Children's & infants' clothing stores is $7,082 millions, the total share of the state Illinois is $328.8 millions, the share of Chicago is $43.356 millions. B. Market Facts a) Market Size: Clothing Industry of USA: In the year 2002, the clothing business saw ... Get more on HelpWriting.net ...
  • 40.
  • 41. Business Plan Business Plan for a Startup Business The business plan consists of a narrative and several financial worksheets. The narrative template is the body of the business plan. It contains more than 150 questions divided into several sections. Work through the sections in any order that you like, except for the Executive Summary, which should be done last. Skip any questions that do not apply to your type of business. When you are finished writing your first draft, you'll have a collection of small essays on the various topics of the business plan. Then you'll want to edit them into a smooth‐flowing narrative. The real value of creating a business plan is not in having the finished product in hand; rather, the value lies in the process of ... Show more content on Helpwriting.net ... Include everything that you would cover in a five‐minute interview. Explain the fundamentals of the proposed business: What will your product be? Who will your customers be? Who are the owners? What do you think the future holds for your business and your industry? Make it enthusiastic, professional, complete, and concise. If applying for a loan, state clearly how much you want, precisely how you are going to use it, and how the money will make your business more profitable, thereby ensuring repayment. Page 5 of 31 III. General Company Description What business will you be in? What will you do? Mission Statement: Many companies have a brief mission statement, usually in 30 words or fewer, explaining their reason for being and their guiding principles. If you want to draft a mission statement, this is a good place to put it in the plan, followed by: Company Goals and Objectives: Goals are destinations–where you want your business to be. Objectives are progress markers along the way to goal achievement. For example, a goal might be to have a healthy, successful company that is a leader in customer service and that has a loyal customer following. Objectives might be annual sales targets and some specific measures of customer satisfaction. Business Philosophy: What is important to you in business? To whom will you market your products? (State it briefly here–you will do a more thorough explanation in the Marketing Plan section). Describe your industry. Is it a ... Get more on HelpWriting.net ...
  • 42.
  • 43. Business Plan For A Company Liverpool John Moores University Event Enterprise and Entrepreneurship (6076TEF) Business Plan Ashley McDonald/ 614170 BUSINESS NAME Tea–Off NAMES OF OWNERS/DIRECTORS Ashley McDonald DATE 30/03/15 Business plan contents 1.1 Executive summary 1.2 Mission statement 1.3 Aims and objectives 1.4 SWOT analysis 1.5 Keys to success Company Information 2.1 Company Summary 2.2 Company Ownership 2.3 Company Location and Facilities Market Research
  • 44. 3.1 Market Segmentation 3.2 Target Market Segmentation 3.3 Market Trends 3.4 Market Growth 3.5 Market Needs 3.6 Primary Market Research 3.7 PEST Analysis Competitor Profiling 4.1 Industry Analysis 4.2 Distribution Patterns 4.3 Competition and Buying Patterns 4.4 Main Competitors Market Plan 5.1 Strategy and Implementation Summary 5.2 Strategy Pyramid 5.3 Value Proposition 5.4 Competitive Edge 5.5 Marketing Strategy 5.6 Distribution Strategy 5.7 Monthly Marketing Plan Marketing Programs 6.1 Products 6.2 Products Description 6.3 Competitive Comparison 6.4 Sourcing 6.5 Future Products Promotion 7.1 Distinctive Logo 7.2 Distinctive Refreshment Cart 7.3 Advertising and Promotion 7.4 Positioning Statement 7.5 Pricing Strategy Sales 8.1 Sales Strategy 8.2 Sales Forecast
  • 45. 8.3 Sales Programs 8.4 Strategic Alliances Management 9.1 Management Summary 9.2 Management Team 9.3 Management Team Gaps 9.4 Organisational Structure 9.5 Personal Plan 9.6 Human Resource Management ... Get more on HelpWriting.net ...
  • 46.
  • 47. Essay on Business Marketing Plan Coursework 1: Task: Marketing Plan for a new street wear (leisure/sports wear) manufacturer who does not wish to distribute goods via traditional retail outlets. Introduction. The purpose of this report is to develop a clearly structured and efficiently detailed plan, regarding the creation of a business producing and distributing leisure/sports wear clothes in UK. The business plan is designed to function under a focus–differentiated strategy, via internal resources. In the sense that growth will be achieved through the resources equally provided by the two owners of the business. The differentiation point of the product, as reflected by the marketing mix, will be the one emphasizing the good quality of the product and quick service ... Show more content on Helpwriting.net ... (Mintel – Sports Clothing, November 1998) Many of the trends that were obvious in 1995 have become more determined. Some of the most important between these are the increasing influence of fashion over the youth market and the heightened interest in active lifestyles. Whether they are actually participating or not, being seen to be wearing active gear is highly desirable for the 15–24 year old age group. An older market, people who are 'staying younger longer' and leading more active lifestyles, is also increasingly embracing outdoor sportswear. (Mintel – Sports Clothing, November 1998) Mintel estimates sales of sports clothing to be worth some £2 billion in 1998, although much of this is dependent on the youth market. As the youth population (15–24 year olds) is forecast to increase by 3.5% by 2002, the core market will be larger and sustainable growth will be easier to achieve. The older generation is on the increase as the 'baby boom' population bubble ages. However, very little of the sportswear on offer from the leading manufacturers is designed for older age groups or tastes. (Mintel – Sports Clothing, November 1998) In the sports market the leading brands are quite a lot. A big number of those leading brands still dominate the sports clothing market. However, with the increasing fashionability of sports clothing many traditional fashion labels are making inroads in the sports leisurewear market. Particularly those that have strong labels ... Get more on HelpWriting.net ...
  • 48.
  • 49. Marketing Plan For A Small Business Thesis Statement: The economy is for ever changing toward what has control of demands, the environment of entrepreneurship is high on the charts, however the small business are surviving equally with the large businesses. Key Points: The interest of how a small business begins the foundation of the establishment and analyzing the duties of managing this goal. Elements that make a business such as the investors, consumers, and strategic management will be explained in detail. The benefits of TQM when implementing the strategic plan to meet goals or increasing profit within a small business. The economy's motivation of small businesses stability as compared to large businesses that are well established, also the financial assistance of other organization including the government. Different categories of a company and the importance of CRM to any size business. To compare the marketing plan of a small business and a large business where it reflects the strengths, weaknesses, opportunities and threats. Conclusion: This paper is intended to give clarity on the depths of small businesses, how they plan to succeed and get through possible adversity. The surviving mechanism it takes to maintain in a world where large businesses are expected to exist longer than small business. Small businesses are becoming a trend in the work environment today. The analogy of small businesses to large business brings about the question, "Can they eventually equal up in the world ... Get more on HelpWriting.net ...
  • 50.
  • 51. Business Plan and Market Strategy Business plan Market Strategy The main objective and focus of our marketing strategy is to relay the information concerning the unique variety of products and services that we shall be offering to our customers. In that regard, our marketing strategies are established in view of the need to ensure customer satisfaction and ensure that they get the true value for their money. The strategy will also facilitate the communication of our core brand values and to ensure a tight and close working relationship with our suppliers and clients. At the core our strategies is the aspect of product differentiation and growth. Growth shall be ensured by the focusing on new markets both within and outside the local environment. Market differentiation becomes important in this industry considering the imperatives of quality and customer–centric nature with respect to attracting new guests to the hotel ADDIN EN.CITE Hallock2009161(Hallock, 2009)1611616Hallock, M.Hotel accounting2009Chandni Chowk, DelhiGlobal Media( HYPERLINK l "_ENREF_4" o "Hallock, 2009 #161" Hallock, 2009). The marketing strategy is further based on ensuring the business becomes the destination for many international students who come to the UK every year in pursuit of further studies. It will meet the demands of those who look for quality amid the need to minimise their costs. The Hotel will therefore use several media and avenues in order to advertise itself. The Yellow pages will be adequately used in marketing ... Get more on HelpWriting.net ...
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  • 53. Business Plan Essay To develop a sustainable financial management company that generates value for their customers. 1st Year: We aim to form relevant technical partnerships and register as vendor with at least 20 new clients while closing medium to large scale deals in all our three main areas of business. In this year we will invest both financial and material resources to ensure that we enter new markets India and South America strong. We aim to raise sufficient capital to make us more mobile while relating with international clients. 2nd Year: Our goal will be to consolidate our technical partnerships and become properly established in our primary market regions, while continuing to pursing and close medium to large scale deals. We aim to increase our ... Show more content on Helpwriting.net ... His father Mr. Muhammad Akram is also Saudi Arabia resident and working there since long. Objective: Ardent to acquire a career oriented and challenging position in esteem and dynamic organization that can provide me opportunities to grow and prosper in the organization through the utilization of my entrepreneurial knowledge and professional skill Professional Experience of Mr. Hassan Khan Mazari: (An operations director is an interesting position where you're responsible for ensuring that a business has the best working environment and processes). He is working as a Director Operations in CORE Business Consultants since completion of his graduation from FC College, Lahore to up till now. Working as a Director Operations CORE Business Consultants. SPECIFIC DUTIES AND RESPONSIBILITES OF THE POST To deliver the service elements within the five year operating plan, demonstrating commercial focus, a structured approach, intelligence and enthusiasm. To establish, in conjunction with other Directors, and then to monitor, clear performance targets, both quantitative and qualitative, for the Central Operational Management Team, informed by those activities, which will significantly improve operational performance. To ensure that the performance of the Central Operational Management Team is efficient, effective and delivered within
  • 54. ... Get more on HelpWriting.net ...
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  • 56. Unhealthy Locksmith Business Plan Warrington Locksmith Homepage Warrington Locksmith is proud to offer customers in our local area with an unbeatable array of locksmith services. We provide residential, commercial, and automotive services you can count on. Our locksmiths are licensed, bonded, insured, and have completed the finest possible training to ensure your complete satisfaction. Our locksmith services are available 24 hours a day, 7 days a week covering replacement, repair, and of course complete lockout services for you home, auto, or business. We're Here for You There is nothing worse than coming out of the shops to find you have locked your keys in the car or to arrive outside your front door, only to find you have lost your keys. That is unless you come home to ... Show more content on Helpwriting.net ... We offer a full range of superior quality locks, professionally installed to protect you, your family, and everything you have worked for. One thing to keep in mind though is that no matter how good your locks are, they only work if you remember to keep them locked. Let Us Help You Today At Warrington Locksmith Services we are here when you need us and never add a call–out fee to your bill. The costs for all parts and services will be shown clearly on your bill making it easy to understand. Our prices are the lowest in the area. We are proud to say that our unbeatable prices and services are why our customers love us and why we are one of the top rated locksmiths in the region. Call us today and find out for yourself why everyone loves Warrington Locksmith ... Get more on HelpWriting.net ...
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  • 58. Business Plan Laundry STRATEGIC PLAN WINTER 2005 Mission Statement The mission of the Davidson College Laundry is to provide laundry services to students, college departments, and private individuals. By doing so in a convenient, timely, personalized and financially responsible manner, the College Laundry enables students to spend more time in academic and extra–curricular pursuits and effectively supports departmental activity. Services include the care and handling of personal clothing, bed linens, dry cleaning, and catering linens. Core Values Integrity Every member of our organization behaves in an ethical manner. We will do the right things for the right reasons. Customer Service We will act in the best interest of our ... Show more content on Helpwriting.net ... Use plan to gain approval and funding for the project. Advocate for additional work–study students in our labor force to control labor expenses as volume of work increases. SAMPLE PLAN Xpress Laundry Service Business Plan 1. Executive Summary Xpress Laundry Service is a laundry service designed to save Xavier University students the one commodity that they can never get more of: time. The average student wastes an average of 1 ½ hours in the laundry room either weekly or bi– weekly. This unproductive use of time has created a strong demand among Xavier resident students for a company to take this burden of endlessly washing and folding clothes off of their hands. Xpress Laundry Service seeks to meet this demand by providing a much needed high quality service to these students at a fair and always low price. 2. Company Description Xpress Laundry Service is a full service laundry service designed with the college student's budget in mind. Basically, Xpress picks up the students' laundry from their residence hall, washes and folds the laundry using only Tide premium detergents, and drops the laundry off within 48 hours. This service is provided at the low price of just $8 per wash which is defined by the amount of laundry that the customer can fit into an Xpress Laundry Bag (about 25lbs.) Currently Xpress' clientele is continuing to grow each week. This growth is due mostly to ... Get more on HelpWriting.net ...
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  • 60. Business Plan For Swot ABOUT US UOK is your trusted home for all travels, events management, recreation, errand, diaspora, and business solutions. UOK is one of the industry's fastest growing corporate travel management and business solution companies with over fifteen (15) years experience. If you partner with us at UOK, we will ensure that all traveling and business logistics are handled professionally, less expensive, easier, safer, and more efficient for you. Our team is composed of qualified and well–trained individuals who derive joy in providing solutions to all your needs in all areas of business endeavors. We will combine our worldwide reach with an understanding of your unique needs, and the markets you work in to ensure success in all ramification. ... Show more content on Helpwriting.net ... We implement the best tools and strategies for our clients to facilitate lower fees and higher adoption rates. Our primary mission at UOK is to deliver an excellent and superior corporate travel services to our clients. We leverage on our understanding of corporate context, our extensive industry expertise, and cutting edge technology to bring ease and value ease to your travel experience. With UOK, service comes first. UOK has thousands of travel consultants around the world who conform to stringent SLAs to deliver a superior service and value for travelers. We provide first– class business travel services with value–added options which includes a comprehensive approach to global travel management. Comprehensive Travel Management expertise We also provide business travel and meetings/events management services to corporate clients on an international basis. This includes the accommodation, reservation of flights, trains, car hire, visas, venues, and the provision of online solutions (including self–booking and bespoke client portals), as well as financial management solutions to bring ... Get more on HelpWriting.net ...
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  • 62. Business Plan Example "Location, place, area" is the old adage about picking realistate for your organisation. High website traffic areas, areas that are quickly ease of access for customers, as well as structures that best fit the company are a few things local business owner consider. These exact same insights apply to a business's website. The place of your internet site, its style, and its marketing all contribute to its success. Higher online web traffic, website usability, as well as having relatable web content all lead to higher ROI as well as greater conversion prices. The Chicago Website Design SEO firm deals with you to make your web site skyrocket. San Diego, California SEO companies implement strategies in conformity with Google's on the internet ... Show more content on Helpwriting.net ... SEO is a procedure that calls for time to work. Our customers are not just more probable to obtain far better outcomes, yet likewise to preserve those results beyond the initial working period. The Chicago Website Design SEO Company asks brand–new customers to secure these things when signing onto our expert SEO services: 1. An authorized form of settlement on file 2. Accessibility to any existing company website 3. A summary of your product or services 4. Your address and also contact info in order to get your progress reports What You Get From San Diego SEO Services When we have an authorized agreement, we will certainly collaborate with you to get the most effective results. We ask customers to stay on for 6 months as the time framework is most helpful for enhancing your roi (ROI). Our SEO company will send you month–to–month outcomes showing your online standing and also success of your internet site on the top search engines including Yahoo! as well as Bing. Upon getting to the end of your 6 month dedication you could resign to continue our solutions. While quiting SEO services could not alter your site success instantly it is not always our referral. SEO in San Diego is a procedure. The search–ability or rank of every internet site is likely to transform over time. The Chicago Website Design SEO Company is different from various other San Diego SEO specialists. While some SEO firms supply limiting pre paid plans, our firm is committed to your success. We will not ... Get more on HelpWriting.net ...
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  • 64. A Business Plan For Nouveau Riche You Are An Entrepreneur! Ariel Keaton Professor Kenneth Guyette ACC 557 – Financial Accounting Abstract The paper presents a business plan for Nouveau riche. Nouveau riche Boutiqueis a fashion retail store located in Charleston, SC. It is a sole proprietorship and is managed by the owner. It sells fashionable clothing, shoes, purses and accessories. The business plan will also presents the projected sales analysis, projected profit and loss, and projected balance sheet in the next five years. Also, the two accounting principles is being discussed in this paper. The paper will differentiate the Generally Accepted Accounting Principles (GAAP) from the International Financing Reporting Standards (IFRS) and will choose what principle ... Show more content on Helpwriting.net ... The behavior of an entrepreneur is essentially rooted in its choices or self–determination that leads to realistic actions like developing a business plan, registering a business, lodging a patent application, acquiring resources (Mueller, et. al, 2012). A good entrepreneur should be proactive on its business venture. In today's competitive marketplace, a business owner or an entrepreneur's proactive behavior will help in the running of the business and planning for the future. A business plan is a very significant tool in start–ups. A business plan is like a road map. It provides a business owner with direction and guides a start–up entrepreneur in developing a business (Moskwa, 2014). A business plan should define what you're going to provide the potential market. It should state the value of the business, its competitive advantage, the target market, and will the market of your choice be interested on what you offer instead of going to the competition (Moskwa, 2014). "nouveau riche" Business Plan Executive Summary Nouveau riche Boutiqueis a fashion store and online fashion retailer which caters to women of all ages. Nouveau riche Boutiquewill sell trendy, fashionable women's shoes, clothing and accessories. The store will showcase the latest trends in fashion. It is an off–price fashion store, trendy yet affordable. Nouveau riche Boutique is a sole proprietorship in the name of Ariel R ... Get more on HelpWriting.net ...
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  • 66. Business Plan For A Business Starting a business can be very difficult. It can often take an immense amount of start–up funds that new entrepreneurs don't have. However, based on the point in someone's life at which they want to begin a business endeavor, their credit score may not allow for approval of certain loans or funds. Therefore, a new company, ZipCap, has started an innovative approach to borrowing funds for small business owners. For ZipCap, "The aim is to offer small retailers like restaurants, boutiques and service providers access to low–interest loans financed by investors with a vested interest in supporting a local economy (Cowley)." For many small business owners, they often fail before they can even get through their first sales quarter due to unexpected costs and lack of funds. ZipCap aims to fix this problem. A San Francisco based company, operating all across the country however, appeals to the mom and pop shop that gets doors slammed in their face by big banks. ZipCap aims to be just as much as a pivotal member in the community as the local business it is helping is as well. As ZipCap itself is also in its infancy, its first 'guinea pig' company is Beezy's Café in Ypsilanti, Michigan. Open for six years, while Beezy's has much acclaimed around the local community; to banks it is an immense liability. It isn't immensely profitable; its owner has no collateral or property to own (including the actual restaurant which is leased). However, these are not red flags for ... Get more on HelpWriting.net ...
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  • 68. Business Plan: Transportation Essays United Transportation Table of Contents I. Table of Contents 2 II. Executive Summary 3 III. Company Overview 4 IV. Marketing Analysis.. 6 V. Marketing and Sales Plan 7 VI. Operations Segment 12 VII. Management Segment 13 VIII. Funds Required 14 Executive Summary United Transportation offers premier transportation services throughout the metro Detroit Area. Our company will provide personal transportation to all individuals but will focus on non–emergency medical transportation. There is a need for quality transportation services for non–emergency medical cliental in our area. Our intention is to provide those services to clients and built a professional business that will expand based on our quality of professionalism and ... Show more content on Helpwriting.net ... We will also put our services above and beyond others, not only from online service center for scheduling, but also for payment plans. We will offer a wide variety of payment plans such as payment upon service, to daily, weekly, monthly and yearly payment processing. Economics The market size we are dealing with is currently large, and only growing. According to J. Davis: "The elderly population is the fastest growing niche market in the world– and its only getting bigger! By year 2030, the US elderly population will have doubled, reaching in excess of 70 million!" In order to gain a big percentage of this ever growing cliental, we are to start building soon. This way we can grow as the demand for our services grow. The current demand for professional transportation is high; people are looking for a company they can rely on. Technology already gives up amazing options for computerizing our business and our clients. Within 6 months, our drivers and our clients will have their schedules at their fingertips and able to change times when needed at their convenience. With the growing rate of the elderly, increasing the need for our services, the growth potential for our business is enormous. As long as we stand by our commitment of a professional company and live up to our own standards, we will surpass the
  • 69. ... Get more on HelpWriting.net ...
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  • 71. Renee Business Plan Business Plan for a Startup Business The business plan consists of a narrative and several financial worksheets. The narrative template is the body of the business plan. It contains more than 150 questions divided into several sections. Work through the sections in any order that you want, except for the Executive Summary, which should be done last. Skip any questions that do not apply to your type of business. When you are finished writing your first draft, you'll have a collection of small essays on the various topics of the business plan. Then you'll want to edit them into a smooth–flowing narrative. The real value of creating a business plan is not in having the finished product in hand; rather, the value lies in the process of ... Show more content on Helpwriting.net ... Describe your industry. Is it a growth industry? What changes do you foresee in the industry, short term and long term? How will your company be poised to take advantage of them? Describe your most important company strengths and core competencies. What factors will make the company succeed? What do you think your major competitive strengths will be? What background experience, skills, and strengths do you personally bring to this new venture? Legal form of ownership: Sole proprietor, Partnership, Corporation, Limited liability corporation (LLC)? Why have you selected this form? Products and Services Describe in depth your products or services (technical specifications, drawings, photos, sales brochures, and other bulky items belong in Appendices). What factors will give you competitive advantages or disadvantages? Examples include level of quality or unique or proprietary features. What are the pricing, fee, or leasing structures of your products or services? Marketing Plan Market research – Why? No matter how good your product and your service, the venture cannot succeed without effective
  • 72. marketing. And this begins with careful, systematic research. It is very dangerous to assume that you already know about your intended market. You need to do market research to make sure you're on track. Use the business planning process as your opportunity to uncover data and to question your ... Get more on HelpWriting.net ...
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  • 74. Business Plan Project Analysis Business Name What is the name of your business? Hint: When you think of the name of your business, make sure that it captures the spirit of the business you're creating. Note to students: Once you have inserted your answer, delete the question and the tip provided here and leave just the heads so that your business plan will look more professional. Description of Business WHAT WILL YOUR BUSINESS DO? HINT: IMAGINE THAT YOU ARE EXPLAINING YOUR BUSINESS TO A FAMILY MEMBER OR A FRIEND. THE BUSINESS SHOULD BE EASY TO EXPLAIN. KEEP YOUR DESCRIPTION HERE TO ABOUT 30 WORDS OR LESS. Form of Business Ownership WHAT FORM OF BUSINESS OWNERSHIP (SOLE PROPRIETORSHIP, PARTNERSHIP, OR CORPORATION) WILL YOUR BUSINESS TAKE? ... Show more content on Helpwriting.net ... Think about how many levels of management as well as what kinds of managers your business needs. Organization Chart Show how the "team" fits together by creating a simple organizational chart for your business. Make sure that you organizational chart indicates who will work for each manager as well as each person's job title. Hint: Most businesses start off quite small. However, as you create your organizational chart, consider what your business will look like in the future. What different tasks are involved in the business? Who will each person report to in the organizational structure? Refer to the discussion of organizational structure in Chapter 6 for information to get you started. Floor Plan Create a floor plan of the business. What does it look like when you walk through the door? Hint: When sketching your floor plan, consider where equipment, supplies, and furniture will be
  • 75. located. Ask your instructor how they would like you to submit the floor plan for your business. Raw Materials and Supplies Explain what types of raw materials and supplies will you need to run your business. How will you produce your good or service? What equipment do you need? What hours will you operate? Hint: Refer to the discussion of operations in Chapter 7 for information to get you started. Quality Assurance What steps will you take to ensure that the quality of the product or service stays at a high level? Who ... Get more on HelpWriting.net ...
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  • 77. Marketing Plan For A Business Plan "Matilda Coconut hair products aims to provide high quality hair care products that enhance the beautiful, health and shine hair and positively contribute to the environment by using natural ingredients found in coconut oil. We pride ourselves on providing a high quality product that carters to our customers' hair management care and enables them to grow health hair." 2) Next, create an outline for a business plan by answering the following "nine questions every business plan should answer": 1. Who is the customer? The customer is the party that will receives or consumes my products and has the ability to choose between different products and suppliers. The customers for my products would the working moms, housewives and dads in my local area. I would like to start by selling and marketing my product to them firms because I know how I can reach them. I would also call them my target customers because I have a clear strategy and know channels to use to reach them. To be able to know my customers needs and met their needs I would have to perform a customer analysis to define exactly which customers I need serving. 2. How does the customer make decisions about buying this product or service? It is good to able to examine how the customer makes decisions about which product to buy after evaluating the different solutions and products available for respond to his/her need, he/she will be able to choose the product or brand that seems most appropriate to his needs.. One has to ... Get more on HelpWriting.net ...
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  • 79. Customer Service Business Plan Kate Tansiriyakul Unit 904/2, 2 Nind Street 0426 639 756 H2O Broadwater Apartments DOB: 19 October 2001 Southport, Gold Coast, 4215 katietansiri85@gmail.com Career Objective I am looking for a casual or part–time job in a customer service position where I can develop employment skills and broaden my work experience in the real world. Education 2013: Year 7, Indooroopilly State School, Brisbane 2014: Year 8, Brigidine College Indooroopilly, Brisbane 2015: Year 9, Benowa State High School, Benowa, Gold Coast English, Science, Mathematics Extension, Studies of Society and Environment (History & Geography), Religious Education, Health & Physical Education, Japanese, ... Get more on HelpWriting.net ...
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  • 81. A Business Plan For Small Business Essay 1. INTRODUCTION A good business plan is not only important in developing the opportunity but also essential in determining the resources required, obtaining those resources and successfully managing the resulting venture. Running a Business is both exciting and challenging. It requires to develop business tools for the better with proven advice and successful strategies for small business, plus practical guidance on how to find business funding, chose a business idea, or get your business up and running. Many people these days prefer to open their own business but they need to do a detailed research and consider practical things to gain the confidence of starting it in this competitive world. I recently came across one of my family friends who is running small business in mobile truck shopping named as "Easy Shop" in Auckland. Mobile truck shops trawl around different areas, selling to families door to door. He is in his late 20's and graduate in business administration and has been running this business with a team of 5 for 3 years. He is a smart business runner and confident about his marketing and strategic skills but is presently struggling to get enough profit out of his business and compete with the potential big competitors like Home Direct and Good Guys in the market. He started off quite well and managed to reach the profit intersection within 2 years but profits started to fall in the 3rd year suddenly. As I am about to complete my post graduation in business ... Get more on HelpWriting.net ...
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  • 83. Business Plan Business Plan What is Blueberry Nights? Type: bar and restaurant for young people Category: II. class Service method: plate service Menu type: A'la Carte Opening hours: Sunday to Wednesday 10:00–22:00 Thursday to Saturday 13:00–05:00 No day off Target market: students, tourists and residents Location: Budapest, Margit körút Few steps from Margaret Island Easy to reach by tram Seating capacity: 120 (80+40) 1st floor: kitchen area, 80 seated restaurant, bar, armchairs, dance ground, toilet 2nd floor: private saloon for groups max 40, bar, music box, toilet Staff: 3 Managers, 1 Chef, 1 Assitant Kitchen Cheff, 2 Cooks, 2 Kitchen Maids, 2 Dishwashers, 6 Waiters, 4 Cleaning staff, 2 Bartenders Step 1– ... Show more content on Helpwriting.net ... Our restaurant is equiped with the latest design and its suficient for the latest trends. Market Outlook The market in this area is always growing becouse people need good clubs and restaurants in the Buda side as well, so with a good quality and well designed restaurant we can be in a really good position in the maket. There are more and more costumers who willing this but only nowadays restaurants realized that opening a restaurant in Buda is as much favorable than in Pest. Competitor Product Summary In the neighberhood of the restaurant competitors are try to generate more clients with discounts,special events and business menus. They offer lunch meni every Monday to Friday for a really low price that generate more costumers. They provide happy hour for drinks when the sell the drinks for a lower price and special events when there is a discount for some drinks and there are other additional benefits for the costumers. They also offer promotions for foods and drinks as well. Niche Orientated Positioning and Targeting
  • 84. Niche oriented for the middle age and young generation The prices and the type of the drinks/foods are sufficient Good quality food for a normal price The design is casual/ elegant Quality products for an affordable price Advertise on Facebook BCG MATRIX SWOT Analysis Strengths: Well–trained staff Clean and tidy Cheaper than our competitors Comfortable Unique ... Get more on HelpWriting.net ...
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  • 86. Sample of Planning Department Business Plan [pic] [pic] [pic] Contents Executive Summary 3 Mission Statement 3 Organizational Structure 4 Program of Services 5 Program One Current Planning 5 Services 5 Service level Objectives 6 Service Level Measures 7 Departmental Strategies 7 Citywide Goal 7 Future Outlook 8 Program Two Long Range Planning 8 Services 8 Service level Objectives 8 Service Level Measures 11 Departmental Strategies 11 Citywide Goal 11 Future Outlook 12 Funding Needs 12 Staffing 12 Operations & Maintenance 13 Capital 13 Key Issues 13 Departmental Analysis Appendix A planning Department 2009/10 Business Plan Executive Summary
  • 87. Both the Current Planning (Development Review) and Long Range Planning (Comprehensive Planning) programs relate directly to the ... Show more content on Helpwriting.net ... Service level Objectives These services are delivered in response to citizen, property owner, and developer questions and applications. These services are conducted largely in the Current Planning program, which is staffed by two planners. The Planner II devotes about 80% and the Assistant Director devotes 60% of work time to these services. One long range planner (not in this program – in Long Range Planning) also conducts many of these reviews (about 40% of work time allocated). A second long range planner (not in this program) occasionally conducts casework (about 15% of work time). The Program also includes two full time Development Coordinators. These positions provide full time support to planning, engineering, and building as well as an interdepartmental reviewing team (Development Review Committee). The Planner II also serves as the City's Land Manager, devoting roughly 5% of work time to this function. The Director of Planning devotes about 50% of time providing direction, oversight, and interdepartmental coordination on a weekly basis. Normal working hours where this service is provided is Monday–Friday 8:00 a.m. to 5:00 p.m. with weekly night meetings. Most of the service is provided at City Hall with occasional off–site meetings at other City facilities or with customers. Work also involves site visits and inspections. Service Level Measures |Service Level ... Get more on HelpWriting.net ...
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  • 89. Management and Business Plan Outline How to Write a Business Plan Writing a business plan may sound simple enough, but it actually takes several dire and crucial steps. According to entrepreneur Darrell Zahorsky, the following steps are all essential in comprising a plan for one's business: 1. "Audience & Funding Type: When writing a business plan, you must determine who will be reading it. This decision will shape the business plan. Do you plan to go for debt or equity financing? Each form of funding for your business has pros and cons. For instance, the venture capital market can be very time consuming and competitive. Do you have the time to write the business plan for investor funding and to network within the community? Writing a business plan for investors is 15–30 ... Show more content on Helpwriting.net ... These are all questions you need to answer to define your business structure." Zahorsky adds: "The easiest way to go about collecting all your experiences, interviews, and research is to create files for each section of the business plan. These files can be: paper–based, computer files or set–up using business planning software. As you start the research and collection phase of planning, fill your files with notes and printouts." 5. General Industry Overview: At the fifth step, one should: "Begin the research process with an overview of the industry; uncovering industry and association reports. By having a general understanding of the industry, you will avoid embarrassment in contacting experts with basic questions. Begin the field research once you have a good grasp of the industry fundamentals and need answers to the hard–to–find information." This step is also the time where one would answer the following questions: "What kind of tangible items will you need to get your business started? Do you need inventory? You will most likely need an assortment of office supplies no matter what your business. Items such as a computer, printer, and fax machine are all typical office needs in today's society. Do you need equipment? This is a good time to research what you may need in the way of equipment for your business. Make a detailed list so you can easily research costs for each." 6. Analysis: ... Get more on HelpWriting.net ...
  • 90.
  • 91. Business Plan for an Established Business Essay Business Plan for an Established Business This business plan consists of a narrative and several financial spreadsheets. The narrative template is the body of the business plan. It contains more than 150 questions divided into several sections. Work through the sections in any order you like, except for the Executive Summary, which should be done last. Skip any questions that do not apply to your business. When you are finished writing your first draft, you will have a collection of small essays on the various topics of the business plan. Then you will want to edit them into a flowing narrative. The real value of doing a business plan is not having the finished product in hand; rather, the value lies in the process of research and ... Show more content on Helpwriting.net ... Management and Organization 4 Professional and Advisory Support 4 VII. Personal Financial Statement 4 VIII. Financial History and Analysis 4 Debt Schedule 4 IX. Financial Plan 4 12–Month Profit and Loss Projection 4 Four–Year Profit Projection (Optional) 4 Projected Cash Flow 4 Projected Balance Sheet 4 Breakeven Analysis 4 X. Appendices 4 XI. Refining the Plan 4 For Raising Capital 4 Refine Your Plan for the Type of Business 4 Executive Summary Write this section last! We suggest that you make it two pages or less. Include everything that you would cover in a five–minute interview. Explain the fundamentals of the business: What is your product, who are your customers, who are the owners, and what do you think the future holds for your business and your industry? Make it enthusiastic, professional, complete, and concise. If you are applying for a loan, state clearly how much you want, precisely how you are going to use it, and how the money will make your business more profitable, thereby ensuring repayment.
  • 92. II. General Company Description Mission statement: Many companies have a brief mission statement, usually 30 words or fewer, explaining their reason for being and their guiding principles. If you have a mission statement, this is a good place to put it in the plan, ... Get more on HelpWriting.net ...
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  • 94. Essay on Rochester Business Plan A Marketing Plan to Retain Rochester's Youth Rochester's 18–28 year old population has been leaving this city in mass amounts. This is common knowledge, and our plan is targeted towards the target audience in efforts to keep them here for a longer duration of time. We feel that there are several beautiful attractions that make up the Greater Rochester Area of which this target audience is unaware. This marketing plan aims to get this market out into the suburbs and city of Rochester to see the diversity and unique options that our area provides. This will alleviate the negative stigma held by the 18–28 demographic by bringing to their attention the ample business and ... Show more content on Helpwriting.net ... Marketing Tactics 10 10. Cost and Implementation 13 11. Measuring Success 13 12. Summary 14 13. Appendices I–IV 15–17 14. Works Cited Current Situation Economic: Despite the fact that the unemployment rate is at the national average of 5.4% (as of Feb. 2005), there seems to be a negative stigma about Rochester. Upon taking a ... Get more on HelpWriting.net ...