This document provides advice on common weaknesses in business plans submitted to YEF and examples of business ideas that may have these weaknesses:
1. Products or services that are not compelling or attractive enough to engage readers. Solutions include focusing on existing problems and ensuring market fit.
2. Products that may be difficult to sell at the proposed price point given competition. Financial projections should be grounded in market realities.
3. Ideas for "magical" products that are not supported by evidence the team can deliver. Credibility requires patents, partnerships, experience.
4. Underestimation of operational costs like personnel, manufacturing, or materials that do not reflect real-world expenses.
5. Un
In the past, selling offered high rewards to those with the energy to sell hard and the tactics to close deals. In the new era, it will offer even greater bounty to those who can sell smart and understand and implement strategies for creating customer value.
Ultimately, by bringing into sharper focus the emotional and rational drivers that influence customers’ perceptions and usage of a particular product, it helps to get a clearer perspective on what opportunities can be gained by this unique intelligence.
A fresh look at clearly defining your marketing strategy by defining the 3 Ps of Price, Product & Promotion.
Learn how to define your strategy by asking yourself the right questions on your Competitive Edge, Value-Added Clients and much more.
In the past, selling offered high rewards to those with the energy to sell hard and the tactics to close deals. In the new era, it will offer even greater bounty to those who can sell smart and understand and implement strategies for creating customer value.
Ultimately, by bringing into sharper focus the emotional and rational drivers that influence customers’ perceptions and usage of a particular product, it helps to get a clearer perspective on what opportunities can be gained by this unique intelligence.
A fresh look at clearly defining your marketing strategy by defining the 3 Ps of Price, Product & Promotion.
Learn how to define your strategy by asking yourself the right questions on your Competitive Edge, Value-Added Clients and much more.
When you launch a business without a plan, you can easily waste money and precious time targeting the wrong audience, launching failed marketing campaigns, underestimating their business costs, and simply spinning their wheels in their quest for success.
A business plan functions as a “crystal ball” of sorts. It helps you to peer into the future and predict different outcomes. Though it’s certainly not perfect, it helps you map out where you currently are and where you’re headed.
In this slideshow, you will learn how to:
1 - DIY your Business Plan
2 - Write a Successful Business Plan that you can leverage to fund your business
3 - Appeal to investors
You can also grab our business plan template here:
https://bit.ly/BusinessPlanTemplateBundle
On Friday 22 November 2013 in Stockholm, Implement Consulting Group once again invited the members of the Commercial Excellence Forum to an event of inspiration and discussion with peers.
This time focus was on segmentation – and how segmentation and a better understanding of customer needs and behaviour is a foundation for a more clear differentiation and effective sales approach.
Sebastien Leichtnam talked about his experience in managing sales development within Tetra Pak Technical Service and explained how Tetra Pak has grown their business through the development of segment-specific offerings and services. Tetra Pak has developed a customer segmentation model which is built on customers’ operational maturity as well as their willingness to outsource.
Business Acumen for Sales Managers & Sales ExecutivesAshraf Osman
Sales mistakes damage companies’ reputation and cause significant financial damages. Sales managers and senior sales executive should have business acumen skills of successful entrepreneurs
This 3 days focused and comprehensive course teaches numerous business acumen skills that require years of study and experience
This is a white paper I wrote a couple of years ago on the knotty subject of segmentation. I\'ve found that 90% or more of segmentation projects do not meet the original objectives. It amazes me that most of the planet persists in making the same mistakes on segmentation again and again. Many segmentation frameworks last about as long as the tenure of the CMO. Then the CMO is replaced and a new one is launched! I\'ve tried to outline the main pitfalls and how you avoid them. Comments welcome.
When you launch a business without a plan, you can easily waste money and precious time targeting the wrong audience, launching failed marketing campaigns, underestimating their business costs, and simply spinning their wheels in their quest for success.
A business plan functions as a “crystal ball” of sorts. It helps you to peer into the future and predict different outcomes. Though it’s certainly not perfect, it helps you map out where you currently are and where you’re headed.
In this slideshow, you will learn how to:
1 - DIY your Business Plan
2 - Write a Successful Business Plan that you can leverage to fund your business
3 - Appeal to investors
You can also grab our business plan template here:
https://bit.ly/BusinessPlanTemplateBundle
On Friday 22 November 2013 in Stockholm, Implement Consulting Group once again invited the members of the Commercial Excellence Forum to an event of inspiration and discussion with peers.
This time focus was on segmentation – and how segmentation and a better understanding of customer needs and behaviour is a foundation for a more clear differentiation and effective sales approach.
Sebastien Leichtnam talked about his experience in managing sales development within Tetra Pak Technical Service and explained how Tetra Pak has grown their business through the development of segment-specific offerings and services. Tetra Pak has developed a customer segmentation model which is built on customers’ operational maturity as well as their willingness to outsource.
Business Acumen for Sales Managers & Sales ExecutivesAshraf Osman
Sales mistakes damage companies’ reputation and cause significant financial damages. Sales managers and senior sales executive should have business acumen skills of successful entrepreneurs
This 3 days focused and comprehensive course teaches numerous business acumen skills that require years of study and experience
This is a white paper I wrote a couple of years ago on the knotty subject of segmentation. I\'ve found that 90% or more of segmentation projects do not meet the original objectives. It amazes me that most of the planet persists in making the same mistakes on segmentation again and again. Many segmentation frameworks last about as long as the tenure of the CMO. Then the CMO is replaced and a new one is launched! I\'ve tried to outline the main pitfalls and how you avoid them. Comments welcome.
This deck was prepared by Kanchan Kumar, Nandini Mansighka and presented by Nandini at the #TiEInstitute session on creating B Plans for early stage companies.
Start-ups are all the rage these days, everyone is trying to create the next facebook, twitter or whatever. Where's your idea for a killer startup?? Here's a template that will help you for sure. | abhishek.shah@live.com
IdeaSpace global interns Joe Sullivan and Matt Corrigan collated best practices from IdeaSpace pitch decks to give a short cut on what investors might look for in a deck.
A framework to conceptualize a new (software) product or feature, with references to other useful frameworks and concepts.
This should be useful to new software product managers.
Memorandum Of Association Constitution of Company.pptseri bangash
www.seribangash.com
A Memorandum of Association (MOA) is a legal document that outlines the fundamental principles and objectives upon which a company operates. It serves as the company's charter or constitution and defines the scope of its activities. Here's a detailed note on the MOA:
Contents of Memorandum of Association:
Name Clause: This clause states the name of the company, which should end with words like "Limited" or "Ltd." for a public limited company and "Private Limited" or "Pvt. Ltd." for a private limited company.
https://seribangash.com/article-of-association-is-legal-doc-of-company/
Registered Office Clause: It specifies the location where the company's registered office is situated. This office is where all official communications and notices are sent.
Objective Clause: This clause delineates the main objectives for which the company is formed. It's important to define these objectives clearly, as the company cannot undertake activities beyond those mentioned in this clause.
www.seribangash.com
Liability Clause: It outlines the extent of liability of the company's members. In the case of companies limited by shares, the liability of members is limited to the amount unpaid on their shares. For companies limited by guarantee, members' liability is limited to the amount they undertake to contribute if the company is wound up.
https://seribangash.com/promotors-is-person-conceived-formation-company/
Capital Clause: This clause specifies the authorized capital of the company, i.e., the maximum amount of share capital the company is authorized to issue. It also mentions the division of this capital into shares and their respective nominal value.
Association Clause: It simply states that the subscribers wish to form a company and agree to become members of it, in accordance with the terms of the MOA.
Importance of Memorandum of Association:
Legal Requirement: The MOA is a legal requirement for the formation of a company. It must be filed with the Registrar of Companies during the incorporation process.
Constitutional Document: It serves as the company's constitutional document, defining its scope, powers, and limitations.
Protection of Members: It protects the interests of the company's members by clearly defining the objectives and limiting their liability.
External Communication: It provides clarity to external parties, such as investors, creditors, and regulatory authorities, regarding the company's objectives and powers.
https://seribangash.com/difference-public-and-private-company-law/
Binding Authority: The company and its members are bound by the provisions of the MOA. Any action taken beyond its scope may be considered ultra vires (beyond the powers) of the company and therefore void.
Amendment of MOA:
While the MOA lays down the company's fundamental principles, it is not entirely immutable. It can be amended, but only under specific circumstances and in compliance with legal procedures. Amendments typically require shareholder
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
RMD24 | Retail media: hoe zet je dit in als je geen AH of Unilever bent? Heid...BBPMedia1
Grote partijen zijn al een tijdje onderweg met retail media. Ondertussen worden in dit domein ook de kansen zichtbaar voor andere spelers in de markt. Maar met die kansen ontstaan ook vragen: Zelf retail media worden of erop adverteren? In welke fase van de funnel past het en hoe integreer je het in een mediaplan? Wat is nu precies het verschil met marketplaces en Programmatic ads? In dit half uur beslechten we de dilemma's en krijg je antwoorden op wanneer het voor jou tijd is om de volgende stap te zetten.
Business Valuation Principles for EntrepreneursBen Wann
This insightful presentation is designed to equip entrepreneurs with the essential knowledge and tools needed to accurately value their businesses. Understanding business valuation is crucial for making informed decisions, whether you're seeking investment, planning to sell, or simply want to gauge your company's worth.
Personal Brand Statement:
As an Army veteran dedicated to lifelong learning, I bring a disciplined, strategic mindset to my pursuits. I am constantly expanding my knowledge to innovate and lead effectively. My journey is driven by a commitment to excellence, and to make a meaningful impact in the world.
Affordable Stationery Printing Services in Jaipur | Navpack n PrintNavpack & Print
Looking for professional printing services in Jaipur? Navpack n Print offers high-quality and affordable stationery printing for all your business needs. Stand out with custom stationery designs and fast turnaround times. Contact us today for a quote!
[Note: This is a partial preview. To download this presentation, visit:
https://www.oeconsulting.com.sg/training-presentations]
Sustainability has become an increasingly critical topic as the world recognizes the need to protect our planet and its resources for future generations. Sustainability means meeting our current needs without compromising the ability of future generations to meet theirs. It involves long-term planning and consideration of the consequences of our actions. The goal is to create strategies that ensure the long-term viability of People, Planet, and Profit.
Leading companies such as Nike, Toyota, and Siemens are prioritizing sustainable innovation in their business models, setting an example for others to follow. In this Sustainability training presentation, you will learn key concepts, principles, and practices of sustainability applicable across industries. This training aims to create awareness and educate employees, senior executives, consultants, and other key stakeholders, including investors, policymakers, and supply chain partners, on the importance and implementation of sustainability.
LEARNING OBJECTIVES
1. Develop a comprehensive understanding of the fundamental principles and concepts that form the foundation of sustainability within corporate environments.
2. Explore the sustainability implementation model, focusing on effective measures and reporting strategies to track and communicate sustainability efforts.
3. Identify and define best practices and critical success factors essential for achieving sustainability goals within organizations.
CONTENTS
1. Introduction and Key Concepts of Sustainability
2. Principles and Practices of Sustainability
3. Measures and Reporting in Sustainability
4. Sustainability Implementation & Best Practices
To download the complete presentation, visit: https://www.oeconsulting.com.sg/training-presentations
Accpac to QuickBooks Conversion Navigating the Transition with Online Account...PaulBryant58
This article provides a comprehensive guide on how to
effectively manage the convert Accpac to QuickBooks , with a particular focus on utilizing online accounting services to streamline the process.
Improving profitability for small businessBen Wann
In this comprehensive presentation, we will explore strategies and practical tips for enhancing profitability in small businesses. Tailored to meet the unique challenges faced by small enterprises, this session covers various aspects that directly impact the bottom line. Attendees will learn how to optimize operational efficiency, manage expenses, and increase revenue through innovative marketing and customer engagement techniques.
RMD24 | Debunking the non-endemic revenue myth Marvin Vacquier Droop | First ...BBPMedia1
Marvin neemt je in deze presentatie mee in de voordelen van non-endemic advertising op retail media netwerken. Hij brengt ook de uitdagingen in beeld die de markt op dit moment heeft op het gebied van retail media voor niet-leveranciers.
Retail media wordt gezien als het nieuwe advertising-medium en ook mediabureaus richten massaal retail media-afdelingen op. Merken die niet in de betreffende winkel liggen staan ook nog niet in de rij om op de retail media netwerken te adverteren. Marvin belicht de uitdagingen die er zijn om echt aansluiting te vinden op die markt van non-endemic advertising.
Explore our most comprehensive guide on lookback analysis at SafePaaS, covering access governance and how it can transform modern ERP audits. Browse now!
2. Elements of Sustainable Companies Clarity of Purpose Large Markets Rich Customers Focus Pain Killers Think Differently Team DNA Agility Frugality
3. The goal of writing a BP is… To communicate the company’s story as clearly as possible To create excitement for the company to attract further resources To get a presentation meeting!
4. Writing A business Plan Company Purpose Problem Solution Market Competition Product/ Technology Business Model The Team/ Company Traction Financials
8. Problem What is the pain? Who has it? Will they pay for the solution? Who are your target customers? How do they suffer from the pain? Is your solution “the pain killer/must have” or “the vitamin/nice to have”? Quantify the problem concisely! ($) How much does the problem cost to its owner?
10. Solution Compelling presentation of your solution Graphics, illustrations or pictures are highly recommended (Remember: Keep It Simple) Relate to the problem part List the key points that will help the audience understand What is it? What it does? NOT how it does. What will happen if it is implemented? How much will it save? What will it allow your customer to do that couldn’t be done before? Why are they going to pay for a solution? Cost savings? Increased market share? Elimination of a bottleneck?
12. Market (How big is the problem?) Demonstrate a significant market opportunity Size, growth, maturity (graphs) Show how your solution is positioned in the market Demonstrate how uniquely your product fits into the market Focus on the smallest segment for credible penetration Ex, If you are selling wheat bread to the restaurant industry, the segmentation order should be: Restaurant industry size: $5555 (Total Available Market-TAM) Restaurants that buy the bread instead of cooking: $444 Restaurants that buys wheat bread: $33 Restaurants that you can reach (your target):$2 (Served Available Market – SAM)
14. Competition Competitive Landscape: list direct (same/similar solution providers) and indirect (current other methods, but can move into your space) competition Southwest Airline’s direct competitors are other airlines but they declared that they are indirectly competing with all other available travel choices If no, invent one! Large and small companies How you are different? Providing a detailed competitive analysis and listing the potential competitors increase your credibility Comparison of solutions based on customers’ decision making criteria Customer feedback, why you versus others?
15. Competitive Advantage What is your unfairadvantage? What are the differentiated features that will hook the decision makers? How long does your solution last? How often it will be replaced? Why the customer should pay? What is the value proposition?
16. Value Proposition Articulate the exceptional value to your customers If there are more members in the value chain, articulate value propositions for each
18. Technology (Solution Description) If the value is in cost savings focus on that aspect, always relate to benefits Graphs, pictures work Assume that the audience does not know the technological field you are in Yet, give a compelling description without using abbreviations or techy terms
27. The Team/ Company Traction Team (could be your greatest strength) Short summary of the members key strength and achievements, particularly as it relates to the business (address management risk) Possibly board of advisors (if recognized) Barriers to entry: Your existing IP/ IP strategy (address technology risk) Depending on the company stage, important milestones achieved Short personal experience to hook the audience and to have a smooth transition to the “Problem” part!
29. Financials Financial Plan – Pro-Forma Everyone knows that this is an estimate, but still they want to know how realistic are the financials and if you are capable of predicting the market 5 Year realistic estimates – graph is a must Highlight critical assumptions/milestones, and mention if there is an important issue for the realization of revenue projections
30. Funding (if seeking investment) How much $ are you seeking? Where will the money be put to use? (i.e. 45% R&D, 20% Marketing, %10...etc) Pie Graphs work nicely How long will the money last? How long until you need another cash infusion or will this be all the financing you need?
31. Corporate Development Mass Production (II) Phase II Development Pilot Test Project Milestone Mass Production (I) Phase I Development Strategic Planning 2006 2007 2008 2009 2010 Financial Milestone Fund Raising (I) US$ 1 M Fund Raising (II) US$ 1.5M IPO Time
33. W.I.N. Donut Window of addressable Market Market potential / current market ROI on proven items/ Risk Precondition to Execute Incentive of taking venture Necessary of the team
