Joe L. Presentations lesson 1
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This document provides an outline for writing a business plan in 3 sentences or less per section. It includes sections on the executive summary, company description, industry analysis, target market, competition, marketing and sales strategy, operations, management and organization, long-term development, financials, and additional resources. The executive summary should provide an overall 1-page view of the company including basic information from each section. The company description explains what the company is, who is involved, and its mission. The industry analysis discusses the relevant industry size, history, trends, and where the company will position itself.
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Question 1 Which of the following is NOT one of the three main.docx
Question 1
Which of the following is NOT one of the three main elements of radical design?
Changes to existing process
Training
Measuring the results using the predetermined metrics
A vision of which specific performance metrics will best reflect the success of overall business strategy
Question 2
Differentiation can best be described as:
Results when an organization has the lowest cost.
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The difference between price and cost.
Value of the product and the actual cost to provide or produce.
Question 3
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Long transition periods that decrease the cost of savings
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Increase labor costs
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Hierarchical, Flat, Matrix
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Question 5
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Lack of training
Introducing unnecessary complexity into the new process design
Lack of a coherent communications program
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Human Resources
Purchasing
Service
Technology
Question 7
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H
essay-ans-_17933
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Question 9
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Question 10
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Page 28 of 28
Page 27 of 27Business Plan for a Startup Business
The business plan consists of a narrative and several financial works ...
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Business Plan[Your Name], OwnerPurdue GlobalBUSINESS PLANDate.docx
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Purdue Global
BUSINESS PLAN
Date
1. EXECUTIVE SUMMARY
1.1 Product
1.2 Customers
1.3 What Drives Us
2. COMPANY DESCRIPTION
2.1 Mission and Vision Statements
2.2 Principal Members at Startup (In Unit 7 you will expand on this section to include medium and long term personnel plans for all team members, including the line staff.)
2.2.1 Using chapter 10 of your text, write the plan, using the section in Chapter 10 that shows how to introduce each team member and describe their background and responsibilities. You will start with the leaders and managers, then discuss other employees as needed for your company to grow.
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Leaders/managers (unit 1)
When needed (number of months/years after opening)
Outside Services Needed
Key Functions
Add line staff (Unit 7)
2.3 Legal Structure
3. MARKET RESEARCH
3.1 Industry (from SBA, Business Guides by Industry, and Bureau of Labor Statistics)
3.1.1 Industry description
3.2.1 Resources used
3.2 Customers (from SBA site fill in worksheet, then use text for spreadsheets and follow-up explanations)
Add SBA part here:
Then, fill in spreadsheet using this example from the text:
Housewife:
Married Couple:
Age:
35–65
Age:
35–55
Income:
Fixed
Income:
Medium to high
Sex:
Female
Sex:
Male or Female
Family:
Children living at home
Family:
0 to 2 children
Geographic:
Suburban
Geographic:
Suburban
Occupation:
Housewife
Occupation:
Varies
Attitude:
Security minded
Attitude:
Security minded, energy conscious
Older Couple:
Elderly:
Age:
55–75
Age:
70+
Income:
High or fixed
Income:
Fixed
Sex:
Male or Female
Sex:
Male or Female
Family:
Empty nest
Family:
Empty nest
Geographic:
Suburban
Geographic:
Suburban
Occupation:
White-collar or retired
Occupation:
Retired
Attitude:
Security minded, energy conscious
Attitude:
Security minded, energy conscious
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Information About Your Target Market – Narrow your target market to a manageable size. Many businesses make the mistake of trying to appeal to too many target markets. Research and include the following information about your market:
Distinguishing characteristics – What are the critical needs of your potential customers? Are those needs being met? What are the demographics of the group and where are they located? Are there any seasonal or cyclical purchasing trends that may impact your business?
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Question 1
Which of the following is NOT one of the three main elements of radical design?
Changes to existing process
Training
Measuring the results using the predetermined metrics
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Question 2
Differentiation can best be described as:
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Question 3
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Lack of training
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Lack of a coherent communications program
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Which of the following is NOT a support activity in the value chain of a firm?
Human Resources
Purchasing
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Technology
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H
essay-ans-_17933
Question 8
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Question 9
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Question 10
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Page 28 of 28
Page 27 of 27Business Plan for a Startup Business
The business plan consists of a narrative and several financial works ...
Business plan writing power point
This document provides an outline for a typical business plan, including sections on the executive summary, company summary, products, market analysis, strategy, management, and finances. It discusses the contents that should be included in each section, such as an overview of the business, company structure, location, personnel, goals and objectives in the company summary section. The marketing section should include market research on customers and competitors as well as specific marketing and sales strategies. Operational details like overhead costs, suppliers, distribution, assets and insurance are also addressed.
Business Plan[Your Name], OwnerPurdue GlobalBUSINESS PLANDate.docx
Business Plan[Your Name], Owner
Purdue Global
BUSINESS PLAN
Date
1. EXECUTIVE SUMMARY
1.1 Product
1.2 Customers
1.3 What Drives Us
2. COMPANY DESCRIPTION
2.1 Mission and Vision Statements
2.2 Principal Members at Startup (In Unit 7 you will expand on this section to include medium and long term personnel plans for all team members, including the line staff.)
2.2.1 Using chapter 10 of your text, write the plan, using the section in Chapter 10 that shows how to introduce each team member and describe their background and responsibilities. You will start with the leaders and managers, then discuss other employees as needed for your company to grow.
2.2.2 Use this spreadsheet to show the planning
Leaders/managers (unit 1)
When needed (number of months/years after opening)
Outside Services Needed
Key Functions
Add line staff (Unit 7)
2.3 Legal Structure
3. MARKET RESEARCH
3.1 Industry (from SBA, Business Guides by Industry, and Bureau of Labor Statistics)
3.1.1 Industry description
3.2.1 Resources used
3.2 Customers (from SBA site fill in worksheet, then use text for spreadsheets and follow-up explanations)
Add SBA part here:
Then, fill in spreadsheet using this example from the text:
Housewife:
Married Couple:
Age:
35–65
Age:
35–55
Income:
Fixed
Income:
Medium to high
Sex:
Female
Sex:
Male or Female
Family:
Children living at home
Family:
0 to 2 children
Geographic:
Suburban
Geographic:
Suburban
Occupation:
Housewife
Occupation:
Varies
Attitude:
Security minded
Attitude:
Security minded, energy conscious
Older Couple:
Elderly:
Age:
55–75
Age:
70+
Income:
High or fixed
Income:
Fixed
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Male or Female
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Male or Female
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Empty nest
Family:
Empty nest
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Suburban
Geographic:
Suburban
Occupation:
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Security minded, energy conscious
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Information About Your Target Market – Narrow your target market to a manageable size. Many businesses make the mistake of trying to appeal to too many target markets. Research and include the following information about your market:
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Joe L. Presentations lesson 1
- 1. Joe Lucot How To Write A Business Plan
- 2. Executive Summary Beginning of the Plan Should be written Last Give an overall view of the Company Include Basic Information from each section Generally about 1 page
- 3. Company Description What is your Company? Who? What? Where? When? Some of Why? and How? Legal formation of the company Mission Statement
- 4. Industry Analysis What is your Industry? Discuss Size and History Trends in the Industry Industry Organizations Where will your Company stand?
- 5. Target Market Characteristics of people you are targeting Discuss the size and Future Growth Potential Success in this Market
- 6. Competition Analyze you versus the competition Have at least 3 others analyzed Included Top Competitors Entry Barriers Future Competitors
- 7. Marketing and Sales Strategy Slogan or Message to Communicate Using what Mediums will you Communicate Possibly Create Samples for appendix How will you sell your Product?
- 8. Operations Where will you be located? How will your service or product be produced? Hiring Employees Use of technology and other equipment
- 9. Management and Organization Identify the Main Employees Establish Board of Directors or Advisors Future managerial hiring Legal Organization Benefits
- 10. Long-Term Development Goals for the long-run Future Company Risks How goals will be achieved Dealing with long-run changes
- 11. Financials Start-Up Costs Paying for Start-Up Costs Projection Assumptions Financial Projections for Initial Year Graphs and Tables are useful
- 12. More Help For help Coming up with an Idea Click Here For another link click on the image below.
- 13. Click to Return to The Beginning Good Luck!