... case scenario?
ã What assumptions underlie your financial planning?
ã Which sources of capital are available toyouto cover your financing needs?
ã What deal are you offering potential investors?
ã ... your
activities as the initiator of abusiness concept and your path toward forming your
own company. Toa large extent, it is the demands of investors that will determine
how you must approach ... category into separate stages, such as purchasing, raw materials
processing, component manufacture and assembly. You may also need to separate
sales into logistics, wholesale distribution, and...
... steps. You have looked inside
and asked yourself some basic questions about who you are and what you are realistically qualified
to do. As a result, you should now have a better idea of whether you ... owner for a year or two, a lender may believe you are ready to do it on your own.
All you need is a good location, a sound business plan and a little capital. Then, watch out
Neiman-Marcus!
... possible and then make them come true.
The best way to make a SWAG about your business profitability is to do a break-even forecast.
Although a break-even analysis or forecast can never take...
... business, are familiar with and able to
make financial projections and have done the necessary research, you may be able to create a
plan in one day. But understand that a quick plan is a stripped-down ... steps. You have looked inside
and asked yourself some basic questions about who you are and what you are realistically qualified
to do. As a result, you should now have a better idea of whether you ... owner for a year or two, a lender may believe you are ready to do it on your own.
All you need is a good location, a sound business plan and a little capital. Then, watch out
Neiman-Marcus!
...
...
estimate SWAGs as realistic as possible and
then make them come true.
The best way to make a SWAG about
your business profitability is to do a break-
even forecast. Although a break-even
analysis ... customers
want—today and, more important in
the clothing business, to keep half -a-
step ahead
5
. Howto sell
6. Howto manage inventory
7. Howto judge people
Your Likes and Dislikes
Take a ...
will lease you space. Before making a
commitment to you, they want to see that
you have thought through critical issues
facing you as abusiness owner and that you
really understand your business. ...
... controller and
nancial advisor to an online retail business. You can contact him at
mckeever.mp@gmail.com.
32 | HOWTOWRITEABUSINESS PLAN
such as your anticipated location and target
customers, ... on making a profit and
a positive cash flow. If you make a profit,
you ll pay taxes and if you don’t make a
profit, you ll pay fewer taxes. A CPA or tax
advisor can help you with tax strategies.
... shows youhowtowritea very
good business plan and loan application.
However, your ultimate success rests on
your ability to implement your plans—on
your management skills. If you have any...
... Organisation
Innovation
Internal
Perspective
Customer
Finance
PLANNING THEORY
PLANNING STYLES
BALANCED SCORECARD
This approach is an attempt to blend together quantitative
numerical analysis with qualitative analysis ... you got there
- What you have
- What is missing
37
PLANNING PROCESS
1: SITUATION ANALYSIS
This is the analysis of your own particular organisation or unit and would include:
● A historical analysis ... measure that will drive the shape of
all plans, as each must address all four
aspects of the scorecard.
It can be difficult to use in practice, however,
and can cause confusion if inadequately...
... fall due.
A profitable company that cannot raise cash
will go out of business.
You need cash to:
● Pay staff
● Purchase raw materials
(settle creditors)
● Pay for consumables
● Invest in assets
● ... changing fast
Channels can be remote and face -to- face; each with pros and cons.
51
ã PC based
ã Interactive
ã ATMs
ã TVs
ã Touch screens
ã Human
ã Automatic
ã Blend
ã Brochure
ã Catalogue
ã Leaflet
ã ... SETTING
Every plan must contain targets so that you can measure progress and,
ultimately, the success of the plan. The targets may be quantitative or
qualitative and typically will include:
● Financial returns
●...
... receiving your letter if they cannot read your signature! But it also allows you
to say howyou wish to be addressed:
e.g. Mary Caversham (Mrs) or Mrs M.V. Caversham
Simon James (Dr) or Dr S. James ...
How towriteabusinessletter
Please turn over
Layout
Your company will have its own ideas on howaletter should be laid out, but when writing in
English, please remember to start ...
At the end of the letter, underneath your signature, you should always type your name and job
title (and, if appropriate, your department) –
in that order
. Giving your name obviously will...
... overall business plan, such as a new business proposal to the financial
community.
There are many ways to develop and format a marketing plan . The approach taken here is to present a
6-Part plan ... this information can be handled within a graphical format, such as tables and graphs, though a
paragraph explanation of each is generally required. Make sure to include total dollar (or other ... somewhat more balanced picture of what the company
may face as it attempts to implement the plan. (Length: 2-3 pages)
1. Internal Factors
ã
Discuss company factors that may affect the plan
o
e.g.,...
... than the appearance.
In many cases, a reasonably neat diagram can be drawn by hand faster than with
a graphics package, and you can scan it if you want an electronic version. Either
is usually ... constant? What were the other relevant parameters?
Make sure too that you have used appropriate statistical analyses. Where
applicable, show measurement errors and standard errors on the graphs. ...
was major author. There are several disadvantages to this format.
One is that a thesis is both allowed and expected to have more detail than a
journal article. For journal articles, one usually...
... self-delusory approach to corporate image brochures are plain to see:
high costs and low value.
But it doesn't have to be this way. Some years ago, I was commissioned towritea
corporate image ... for a pharmaceutical company. When it was printed, not only did
people read it, they actually called the company to request additional copies to give to
friends, clients, and professional colleagues. ... HowtoWritea Corporate Image Brochure People Will Truly Want to Read
Writing a corporate image brochure is truly a study in futility. Two things are certain about
these expensive,...
... supporting paragraphs that follow.
PREPARED BY SANDRA DANIEL
HowToWrite An
Effective Five
Paragraph Essay
PREPARED BY SANDRA DANIEL
Topic: The death penalty should be abolished.
Do you concur ... comparison.
Body Paragraphs – part 2
PREPARED BY SANDRA DANIEL
Thesis Statement – part 1
An effective thesis statement should make a strong
assumption about the topic and serve as a map for the
rest ... toa broader
focus.
Introduction - start with a narrow focus and end your
conclusion with a broad statement about the topic.
An effective five paragraph essay shows not only a writer’s
ability...