The document provides guidance on developing an individual sections exercise for a business planning course. It includes questions to help students understand how to research information, summarize key points, and explain the purpose and importance of creating a business plan. The questions cover topics like identifying main ideas, explaining why a business plan is needed, defining important terms, and developing a concept map to illustrate how the content is organized.
Big Thinking for Small Businesses
You don't have to run a Fortune 500 company to harness the power of strategic planning. You just need to know how it's done.
In this presentation, Clate Mask, CEO and co-founder of Infusionsoft, will explain five strategic moves to help your business thrive and win. Starting with the purpose of your business, you'll find out how to turn strategy into planning, action and results. Best of all, everyone in the company can be aligned with your vision, working as a team toward long-term success.
Start a Startup
A business plan is a written description of your business's future, a document that tells what you plan to do and how you plan to do it.
Business plans are inherently strategic. You start here, today, with certain resources and abilities. You want to get to a there, a point in the future (usually three to five years out)
Your plan shows how you will get from here to there.
Proposals That Persuade: Writing a Winning Business ProposalRasmussen College
To lead your organization through change, write a winning proposal. In this presentation you’ll learn the characteristics and components of writing a persuasive proposal. Allow your audience to discover the problem for which you have a solution and then reveal the costs and benefits to win ultimate approval. Our business subject matter expert, Soma Jurgensen, shows us how business proposals are the first step to bringing about measured change.
Watch the presentation: https://www.youtube.com/watch?feature=player_embedded&v=oc24JQqRi3Y
Featured Speaker:
Soma Jurgensen
School of Business Program
Coordinator, Minnesota and North Dakota
Rasmussen College
Most of us have a dream job but sometimes we don't know how to . Step 1 to any job is having a good resume, which is a representation of your life's work. But how do you make a resume which stands out . Here are some tips which may be helpful in making a resume which which bridge the gap between you and your dream job.
What motivates you to run a business and what are the first steps to managing your small business business better.
Download a copy of the spreadsheet to create your annual budget here--->
https://images.clickfunnels.com/uploads/digital_asset/file/177593/Annual_Budget_Blank.xlsx
Big Thinking for Small Businesses
You don't have to run a Fortune 500 company to harness the power of strategic planning. You just need to know how it's done.
In this presentation, Clate Mask, CEO and co-founder of Infusionsoft, will explain five strategic moves to help your business thrive and win. Starting with the purpose of your business, you'll find out how to turn strategy into planning, action and results. Best of all, everyone in the company can be aligned with your vision, working as a team toward long-term success.
Start a Startup
A business plan is a written description of your business's future, a document that tells what you plan to do and how you plan to do it.
Business plans are inherently strategic. You start here, today, with certain resources and abilities. You want to get to a there, a point in the future (usually three to five years out)
Your plan shows how you will get from here to there.
Proposals That Persuade: Writing a Winning Business ProposalRasmussen College
To lead your organization through change, write a winning proposal. In this presentation you’ll learn the characteristics and components of writing a persuasive proposal. Allow your audience to discover the problem for which you have a solution and then reveal the costs and benefits to win ultimate approval. Our business subject matter expert, Soma Jurgensen, shows us how business proposals are the first step to bringing about measured change.
Watch the presentation: https://www.youtube.com/watch?feature=player_embedded&v=oc24JQqRi3Y
Featured Speaker:
Soma Jurgensen
School of Business Program
Coordinator, Minnesota and North Dakota
Rasmussen College
Most of us have a dream job but sometimes we don't know how to . Step 1 to any job is having a good resume, which is a representation of your life's work. But how do you make a resume which stands out . Here are some tips which may be helpful in making a resume which which bridge the gap between you and your dream job.
What motivates you to run a business and what are the first steps to managing your small business business better.
Download a copy of the spreadsheet to create your annual budget here--->
https://images.clickfunnels.com/uploads/digital_asset/file/177593/Annual_Budget_Blank.xlsx
Co-operative societies, Sacos, Housing, Investmet, Marketing, etc need to come up with Business Plans to guide in running the co-operative business or help in raising funds, seeking credit, etc..
Appendix ABusiness Plan AssignmentThe Business Plan will be ab.docxjustine1simpson78276
Appendix A
Business Plan Assignment
The Business Plan will be about health organization thinking about buying MRI.
One of the ways that organizations prosper is through the introduction of new programs, projects, and other ventures. A business plan is a document that provides the information needed to determine whether the venture is likely to fail or to succeed. A business plan should help you assess whether the proposed venture is sensible, whether it fits the organizational mission, and whether it will be financially viable.
WHY DEVELOP A BUSINESS PLAN
The more time and effort managers put into a project, the more committed they become to it, and the harder it becomes to recognize the project’s limitations. So the first and foremost reason for developing a business plan is to discover weaknesses and eliminate bad proposals at an early stage.
If the plan provides evidence that the proposed venture is a good one, then the plan becomes a vital tool in a number of ways. It provides the details of why the idea is a good one, supporting the idea with evidence instead of merely opinion. It helps to clarify what we do and don’t know about the venture. It provides a basis to identify and analyze elementary tools for convincing others (e.g., our boss or investors) that the idea is a good one, worthy of financial support.
A business plan also serves other purposes. First, it communicates the purpose of the project to everyone throughout the organization. The plan also provides a road map for the future, laying out the steps that will be needed to fully implement the new venture. It should include a formal statement of both financial and nonfinancial goals for the project, and forecasts of what resources will be needed and how they will be obtained. These resources are not only financial, but also include elements such as management talent that will be needed to implement and run the new program. Finally, we prepare a plan so that we will have a basis for assessing and controlling organizational performance once the venture is fully operational.
QUESTIONS THAT DRIVE A BUSINESS PLAN
A business plan document represents an effort to provide answers to many questions:
· What is the venture that is being proposed?
· Why would our organization want to do it?
· Who will we provide products or services for?
· How much will potential customers pay?
· How many potential customers are there?
· What will our share of the market be?
We must be as clear as possible in defining the business concept. To make an evaluation of a project, we need to know whether we are responding to an opportunity or a competitive threat, or simply following the next logical step in achieving the organization’s mission. We must clearly identify the customer for the products or services that will be provided. Understanding the likely possible pricing and demand for the product or service is critical. Similarly, we must address questions related to marketing approaches. There .
1. Individual Sections Development Exercise # 3 (Due Week 6)
1. INFORMATION RESEARCHER
A. How would you prefer to read and search for information from the above article?
Write in your own words; 75 words minimum.
At first, I check the information that I want to know.
I cannot answer a problem if I don't understand the information that I need.
Next, I find the keyword of the information.
If an article include the same keyword, the information may be written near the keyword.
In addition, the numbers that written in questions may be hint.
For example, if years written in questions, the information that I want to know is written near the
years in a article.
B. Write 5 major points in the article that are important.
Write in your own words; 100 words minimum.
1.
Business go through the trouble of constructing a business plan.
The finished report serves as an operational tool to define the company's present status and future
possibilities.
2.
It is important that to hire consultants for the process of formulating a business plan.
If it need further help in one area, then seek the assistance of the consultant.
3.
Business plan should be attractive and easily understandable for reader.
And it should be strategic.
4.
It is important to have a certified public accountant establish your accounting system before the
start of business.
5.
It must include any documents that lend support to statements made in the body of your company's
business plan.
C. Explain 5 reasons why one should read the above article when preparing to design an important
business plan on any topic?
Write in your own words; 75 words minimum.
1.
The process of putting a business plan together forces the person preparing the plan to look at the
business in an objective and critical manner.
2.
It helps to focus ideas and serves as a feasibility study of the business's chances for success and
2. growth.
3.
The finished report serves as an operational tool to define the company's present status and future
possibilities.
4.
It can help you manage the business and prepare you for success.
5.
It is a strong communication tool for your business.
It defines your purpose, your competition, your management and personnel.
The process of constructing a business plan can be a strong reality check.
D. Write a paragraph explaining a business situation where a business plan is necessary. Write in
your own words; 100 words minimum.
The process of putting a business plan together forces the person preparing the plan to look at the
business in an objective and critical manner.
It helps to focus ideas and serves as a feasibility study of the business's chances for success and
growth.
The finished report serves as an operational tool to define the company's present status and future
possibilities.
It can help you manage the business and prepare you for success.
It is a strong communication tool for your business.
It defines your purpose, your competition, your management and personnel.
The process of constructing a business plan can be a strong reality check.
2. CONTENT ORGANIZER
A. Explain the overall idea for designing a business plan as is mentioned in the article above. (50
words minimum)
This article explains importance of planning for a business to be successful and profitable.
In this article, it will take us through the step-by-step process of developing a business plan.
So the plan may help us when we start any business.
Not only the plan but also money problem is mentioned.
B. Talk about a business plan that you want to prepare.
Explain at least 10 major points you will include in this business plan of your choice.
What will be the purpose of the plan?
To prepare business, we have many problem.
1. Owner of business should write plan.
2. To seek financial resources.
3. Define a mission.
4. Provide guidance.
3. 5. The owner know the most about the business than any other member.
6. Consultants can be hired to assist us.
7. We can come up with the financial data
8. Mention about management, employees.
9. Seek assistance of consultant.
10. Check market
11. Do research of customer
and so on... those things are all important.
C. Write five sentences explaining how a company should approach the design of a business plan.
For design, to know the market is very important thing.
So we should research general description of your market.
And you plan to suit one's needs. Also, to share the research is important.
To research satisfy the growth of the market, and price your goods or services in the growing
competitive market is also important.
D. Write down five key words and its meaning that you read in the above article.
I think five key words are important.
1. Plan : Topic in the article.
2. Market : To search related market is essential for our business.
3. Resource : We make company when we need it.
4. Mission : We need to decide clearly what we should do.
5. Support : We can't do oneself.
3. PLAN DEVELOPER
A. Develop a short concept map using the Concept Mapping software based on the article you see
above.
Pick up the major sentences and make a concept map.
http://www.slideshare.net/tykl94/week6-cmap1
B. Develop a short concept map explaining how the following article is organized.
http://www.slideshare.net/tykl94/week6-cmap2
C. Write down the definition of 5 major key words that are used in the concept map you developed.
・planning [noun]
the process of thinking about and deciding on a plan for achieving or making something
・downward [adjective]
moving to a lower level
4. ・financial [adjective]
relating to money or the management of money
・insight [noun]
a sudden clear understanding of something or part of something, especially a complicated situation
or idea
・marketing [noun]
the activity of deciding how to advertise a product, what price to charge for it etc, or the type of job
in which you do this
D. Write down three major questions that might explain the major argument or information in the
the article you see above.
・Planning is very important if a business is to survive.
・Taking time to create an extensive business plan provides you with insight into your business.
・A thorough business plan will have the information to serve as a financial proposal and should be
accepted by most lenders.