Flower Shop
If you are starting a business and need to borrow money, state the amount of loan money you need, how much capital you have, how long you’ll need to pay the loan, the purpose of the loan, the results of the loan, and the collateral you’re putting up.
Executive Summary
Give a brief, concise overview of your business plan, including the company’s name, location, history, management, products, growth projections, and so on. Give the name, address, phone number, fax number, and e-mail address of a contact person inside your company. Business Information
In this section you’ll give an overview of your business. Give your company’s name and location. Describe the building (you can also include a scanned photograph of it). State the nature of the business and what kind of business it is (partnership, private, public, whatever). Give the date the company will be open for business. List the names of the owners and how to contact them (addresses, phone and fax numbers, e-mail addresses).
Personal Financial Statement
If you are starting a business, briefly explain your current finances. You may need to include the last 3 years’ tax returns and a credit report.
Business Description
Give a detailed account of your business. List and explain the good characteristics of your business that will help you succeed.
First characteristic
Second characteristic
Third characteristic
List the hours your business will be open. Give a brief overview of how you see daily operations running. Explain your accounting processes and quality-control systems. The types of information you give depend on what kind of business you run.
Business History
Give a history of your business. Who founded it and when? Why? Give the purchase or startup prices and reasons. Explain the market growth or sales trends that made this business possible.
Personnel and Organization
Overview the organization of your business. Explain how many people work for the company, what their job descriptions are, and their qualifications. You may want to include employee’s resumes. Explain your training and advancement programs.
List departments/divisions, and so on, with responsibilities, and numbers of employees.
First department, responsibilities, # of employees
Second department, responsibilities, # of employees
Third department, responsibilities, # of employees
Marketing Information
In this section you’ll describe the market your business competes in and your strategy for competing. Fill this in completely, as it can help you keep your goals in mind as you proceed with your business.
Market Analysis
Give concrete information about the market you intend to compete in: current situations, trends, projections.
If we at Ophthalmic Consultants of Boston (OCB) intend to be a profitable business with plans of continued growth, then we must make some fundamental changes in the way we operate our business. First we need to get back to the very basics and write a business plan! The Information contained in a business plan will help us to determine who we are, where we want to go, and how we intend to get there. This basic information will bring us focus, and act as a guide for our actions in the future. By defining our intended strategies for management, operations, sales, marketing, finance, competition, etc. we will then have what is necessary to layout a clear path for our future. If you all agree I shall begin this task immediately!
Businesses exist to produce goods and services. If someone is thinking of starting up their own business or becoming part of an existing business, they would have to have the knowledge of what makes business work successfully and know how to how to apply that knowledge in the particular area of business. For this unit I will be entering and exploring the world of business. For this unit I will encounter and evaluate information provided by certain businesses and actually gather my own information from at least one business. The business I have chosen to study is J Sainsbury’s.
determine the form of business to start. The form of business we choose to establish new
1A. Describe your company’s business model (e.g. vertical, horizontal, hybrid, FIPNet, etc. (If the company has been in existence over 10 years, you may choose to focus on the recent 10 years; if your company has been in existence for less than ten years, please describe the same since inception).
4 company’s skills and objectives, the customers they were trying to attract, the competitors they
Request for General Explanation on the Organization, the Workers, the Main Business and the Present Condition of the Office
If I were to start my own business, my dream would be to build a surf and skate shop on the Southern California coast. My business would be located on beachfront property in the surrounding area. This business plan will cover two main subjects, 1: an Analysis of the Business Situation, and 2: the Planned Operation of the proposed business. The first topic will cover the subtopics Trading Area Analysis and Competition in the area for my business. The second main topic will cover the proposed organization of the business, the proposed business, and proposed strategies for that business. The analysis of the business situation will cover geographic and demographic information for Huntington and the surrounding area. It will also contain an analysis of businesses in the area which are of similar type, customer buying behavior relating to my proposed business, and the potential location of my business. The Proposed Operation section will address the topics of ownership, start-up procedure, personnel needs, special functions, and an organizational chart. Details of products which will be sold will also be included, as will my business' pricing policy. I would hope that through my thorough planning and explanation that my business idea will be a grand success on the beautiful beaches of California.
The registration statement contains information about the offering itself along with other information about the company, such as the company's financial statements, management background, any legal issues the company may be involved in, insider holdings, and where the raised capital will be used within the company.
A successful business strategy will identify changes in the external trends in the market place. Plan out what the company’s future direction is. Set out the goals for the management team. It will identify a vision of where the company wants to be in the future. Keep all employees informed of the direction of the company.
The business plan will also be useful in facilitating the adoption of a strategy that will help the business prosper in the modern market. The plan will be a critical tool that will help in the production of a reliable strategy for attaining the goals and objectives. The proposed business plan will be implemented in three years time. Within the first three years, the business i...
A few years ago, a friend approached me about partnering with her in the purchase of a day spa. I had always wanted the freedom and satisfaction that comes with being my own boss. After deciding to move forward with my partner and buy a day spa, I learned to put together a business plan, personnel criteria, and marketing plan.
SELECT AN ORGANISATION FOR ANLAYSIS PERHAPS ONE WITH WHICH YOU MAY BE FAMILIAR, AND APPLY APPROPRIATE THEORTICAL MODELS TO GIVE A SUCCINCT BUT RELATIVELY DETAILED REPORT ON BUSINESS CONDTIONS AT RELAVANT LEVELS FOR AUTUMN 2011.
The lender needs to see this to make sure payables are being paid on time and the receivables are coming in on time. Business Financial Statements Lenders need to see the business financial statements, because they need to see the ability of the business to repay the loan based on their cash flow. Tax returns, historical business income statements and historical balance sheets will need to be presented. If this is a new business, you will need to present your financial projections. Business and Personal Credit Reports It is important that you understand your personal credit score.
In order to bake the perfect cake, you need a great recipe, quality ingredients, and the optimal baking conditions, and even then perfection isn’t guaranteed. Live is uncertain and there is always a probability of failure regardless of the method. This definitely holds true for business as well. You can be the most able entrepreneur, with a great idea, and many resources, but your business could still under. However, preparation and a thorough understanding of the situation immensely increases the rate of success. “Strategy a View from the Top” by John A. Pearce Cornelis A. de Kluyver, reveals several techniques and aspects to consider when formulating a business plan.
1. WHY? Develop your "why". As an entrepreneur, not all times you have in business will be perfect. In fact, there will be many, many difficulties along the way. However, if you can develop your why, you can achieve success. Your why must be this personal, passionate, emotional drive that keeps you going, when the world tells you to give up. It is the reason you commit and work so hard. Pushing on when it seems all the odds and world is against you. Your "why" becomes your driving will to wake up and do it again tomorrow.