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If your first thought when hearing the words "business plan" is "yuck", then you're not alone.For most people, the thought of writing a business plan brings up painful memories of past homework assignments and many online store owners view them as something only "real world" businesses and Silicon Valley startups need.
And lets face it, there's all that fun marketing stuff you could be doing like taking product photos, writing blog posts and opening social media accounts Best websites to order a company analysis powerpoint presentation 77 pages / 21175 words Premium Undergraduate A4 (British/European).And lets face it, there's all that fun marketing stuff you could be doing like taking product photos, writing blog posts and opening social media accounts.
But the truth is, the fun stuff will only be meaningful if you build your business on a strong foundation.And that's where writing a simple business plan comes in Best website to get an powerpoint presentation company analysis double spaced Chicago/Turabian Standard College Sophomore.And that's where writing a simple business plan comes in.Why You Need a Business Plan Even if you don't actually need funding for your business or need to submit a business plan to anyone, there are still some compelling reasons you should consider writing one for yourself Best website to get an powerpoint presentation company analysis double spaced Chicago/Turabian Standard College Sophomore.Why You Need a Business Plan Even if you don't actually need funding for your business or need to submit a business plan to anyone, there are still some compelling reasons you should consider writing one for yourself.For example, let's say that you're just starting out.
You've created an online store, you may even be making some sales.Creating a business plan at this stage could help you see the bigger picture and chart a strategic course for future growth.Or maybe you're five years into running your business and you're starting to feel stuck and things are beginning to plateau.Creating a business plan at this stage could help you think outside of the day-to-day grind of running of your business and discover new ways to market it or new products you could be selling to boost revenue.
On the flip side, maybe your business is trending downward.
Creating a business plan in this scenario could potentially help you either change the way your business works as a whole or cut your losses before you're in deeper trouble.The point is, if you haven't written a business plan, you should take the time to do so, no matter what point in your business's lifecycle you're in.Components of a Good Business Plan Remember, if you're just doing this for yourself, there's no need to go overboard and turn this into a major project that holds you back from launching and making some initial sales.
Think of it as something designed to help open up some ideas for your business and shed light on some angles that maybe you haven't thought of yet.In the future, if you actually need to submit a formal business plan to someone, you could always use this one as a starting point and spruce it up as opposed to having to start from scratch.The key areas of a business plan include the following.Find out how defining each can help your business.Executive Summary - While it's the last thing you will write, it's the first part of the business plan.
This part summarizes the main highlights of the rest of the sections.Company Description - This is a high level overview of your company, products or services, types of consumers, and competitive advantages.Ultimately, think of it like what you would tell someone in an elevator ride about your business if you wanted them to invest in it.Also known as an extended elevator pitch.Market Analysis - This is your research about your industry and target market.
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If you haven't formally defined your target customer, this will help you do so.Operational Plan - This covers the day to day operations of your business, from location and hours to inventory and accounting.As you go through this, you can make sure that each of the vital processes in your business are running as smoothly and efficiently as possible INNERVATE Leading Undergraduate Work in English Studies, Volume 2 (2009-2010), pp. 232-234. Presentation: was on the historical development of the company; here I used Powerpoint slides alongside an explanation of the would provide analysis to compliment the information of the first section. There were three..As you go through this, you can make sure that each of the vital processes in your business are running as smoothly and efficiently as possible.
Organization & Management - This tells people about the main players in your business - who owns it, who manages it, etc.It will help you define all parties involved with the foundation of your business so everyone has a clear understanding of where they fit and who does what.
Products & Services - This is where you describe the products and services offered by your business 17 Jul 2013 - For most people, the thought of writing a business plan brings up painful memories of past homework assignments and many online store owners view them as a formal business plan to someone, you could always use this one as a starting point and spruce it up as opposed to having to start from scratch..Products & Services - This is where you describe the products and services offered by your business.You should think about them from your customer's perspective.It will help you to better sell your products and services once you've defined them using this approach.Marketing & Sales - This is where you layout how you will reach your target market, identify prospects, and sell your products and services.While composing this section, creative marketing and sales strategies might emerge.
Financial Projections - This is where you really dig in and figure out how much your business will make over the next five years.As an established business, you will include historical data and be able to make your predictions based off of that.Coming up with these numbers could be a huge motivation boost and keep you working towards a specific goal as opposed to just seeing what happens.Funding Request - This is the part of the plan where you define your outside funding needs and exactly how you plan on using those funds as well as pay them back.Even if you're just investing your own money into your business, this can help you really focus your spending so it is all allocated and documented properly.
As you can see, creating a business plan can be a huge eye-opener for your business, no matter what stage you're at.Business Plan Templates & Resources Fortunately, there are a lot of great resources on the web that you can use to make the business plan writing easier.SBA Create Your Business Plan - This guide walks you through each section of your business plan with all of the details you need to craft them.
They also have a Business Plan Tool that will walk you through the process, step by step.Sample Business Plans - Over 500 sample business plans for various industries including restaurants, retail, medical, health, services, fitness, pet services, and many more.If you want more samples, you can try this (really long) Google search for industry business plan filetype:pdf -template -sample -checklist -outline -format.Just replace industry with your own to find sample PDF business plans.Business Plan Competitions Did you know that there are actually business plan competitions annually? The winners of these competitions get funding for their small business.
And the ones that don't still get good publicity and recognition by the organizations they submit them to.Here are a few examples of the latest business plan competitions for 2013 to give you an idea of the kinds that are out there.
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The complete guide to writing a 2:1 standard university essay Whether you’re writing an essay for Marketing, Management, Finance or any other business topic, following certain guidelines can help you develop a piece of work that is well structured, insightful and compelling.The most important considerations for business essays are that it presents relevant content and its arguments are supported by qualified references or examples.Other critical factors include layout, presentation and use of appropriate language In particular, I would highlight long form report writing, feasibility analysis using EXCEL, examining data sets in SPSS or conveying complex data simply through PowerPoint. My work primarily involves providing plans, studies and research for companies, projects or charities who are developing tourism or visitor based .
Other critical factors include layout, presentation and use of appropriate language.
Breaking up the essay writing process into stages makes it less painful and ensures that you cover the task from all angles.Analyse the essay question Identify exactly what the essay question/title is asking you to address Creating a Presentation. You have several options to create a PowerPoint presentation. These include: Create a blank presentation from scratch, then add slides and format the presentation; Create a presentation based on a template, then add your own content; Import text files, and then format the presentation..Analyse the essay question Identify exactly what the essay question/title is asking you to address.Examine the precise wording to work out the approach you’ll need to take.
Key words which appear frequently in business essay questions include ‘analyse’, ‘discuss’, ‘illustrate’, ‘compare’, ‘describe’, ‘criticise’, ‘interpret’, ‘review’, ‘examine’ or ‘explain’.
A question such as ‘examine how the use of the Internet might impact on the Marketing Mix of an organisation’ would involve an in depth presentation of the issue and an investigation of its implications elrubius.es/paper/best-websites-to-purchase-a-custom-natural-resources-paper-mla-american-academic-quality.A question such as ‘examine how the use of the Internet might impact on the Marketing Mix of an organisation’ would involve an in depth presentation of the issue and an investigation of its implications.To ‘discuss’ a topic implies that you’ll need to review key arguments and give reasons for and against each one.If you are composing your own essay question, select a topic that interests you as this will make the essay writing process more enjoyable.Then narrow it down so that only one central idea or point is discussed in relation to that topic.Research the material for your business essay Good research is imperative in composing an excellent essay paper.Whether you search for material at the library or using the internet, always select information from reputable academic sources.These sources can include articles or case studies from official journals such as the Journal of Marketing, or books by noted scholars, researchers or professionals on your subject matter.Academic websites such as , and provide an abundance of resources for a range of business topics.For some topics such as Market Research, you can broaden this stage to include your own primary research.
Surveys and interviews are excellent methods for obtaining content that is directly applicable to your essay question.Read and make notes from the sources you’ve collected, organising it into an outline so that you can keep track of specific points.As you go along, remember to record the details of your sources of information (e.title, author, publisher, date and place of publication, page numbers) so that you can give credit to them if you use them in your essay.
Make an outline plan for your business essay Constructing an outline plan for your essay will assist you in organising your main arguments and ideas so that they’ll be presented in a logical sequence when you come to write the essay.Jot down the key points you want to include in your introduction, main body and conclusion.This process will also spark off ideas and help you to digest and analyse the information you’ve gathered.Writing your Business Essay Compose a first draft of your essay according to the structure of your outline plan.
The following essay format is recommended to present your work logically.
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It’s not necessary to include all components, only those that add value to the paper.Introduction Outline your understanding of the essay question and comment on how you’re going to address it.Ensure that you define the objectives of the essay clearly as they determine the scope of your essay, setting out exactly what you are reaching a conclusion for .
Ensure that you define the objectives of the essay clearly as they determine the scope of your essay, setting out exactly what you are reaching a conclusion for.
You may want to include definitions of certain business terms here for the understanding of the reader.Background Provide some ground theory on the general topic or on the organisation to be discussed if you are working on a case study.Findings Referring to the sources you’ve collected; perform a detailed analysis of the topic at hand Resume writing services reviews 2015. Last slide for presentation critical thinking in personal relationships i want to be an astronaut when i grow up essay rotman commerce supplemental application essay questions positive thinking ppt presentation free download. Advertisement analysis essay example harvard business .
Findings Referring to the sources you’ve collected; perform a detailed analysis of the topic at hand.
Ensure that you critically examine viewpoints from different authors to provide a rational debate and cover reasons for and against the presented argument.Explore similarities and conflicting approaches and demonstrate independence of thought by giving your own opinion.Sequence your ideas correctly and link paragraphs so that the information presented flows seamlessly from one idea to another.Remember to reference your citations throughout this section according to the referencing method recommended in your University guidelines e.Use quotation marks to indicate an exact phrase taken from a source.If you paraphrase, supply the reference at the end of the paraphrased sentence/s.The number of references to use will depend on the length and nature of your essay although using ten references for every 1,000 words is an effective rule.Conclusion You should arrive at your final conclusion by logical reasoning, concisely pulling together the discussions undertaken in the main body of the essay.Explicitly state your viewpoint as the final result, ensuring that you answer the question posed in the introduction as fully as possible.This final section should also be taken as an opportunity to express any recommendations for further investigation or future action.Bibliography/List of References If you’ve used the Harvard method for referencing, display a list of all the references used in your essay in alphabetical order.
If you’ve used footnotes on each page, simply include a bibliography here instead.Appendices This section consists of any supportive material (graphs, charts or written text) that is too large to include in the main body as it would hinder the flow of the essay.Editing and Proofreading your Business Essay Print out a copy of your first draft and read it through.
Use a checklist to help you mark up any grammatical and stylistic errors, weak arguments and improvement areas.
An example checklist could include the following questions: Have you answered the essay question? Is your material presented in a logical order? Is the content accurate and relevant? Have you supported your main points with arguments and examples? Have you referenced all your sources? Is the language clear and precise? Is the spelling and punctuation up to standard? Amend the parts of the essay that you’re not happy with and correct any punctuation and spelling errors.Continue to proofread and edit your essay until you feel that you can no longer add value to it.11 per page Available! Order now! Gay marriage essay thesis term paper writers needed letter of recommendation for medical school guidelines.
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