business plan - 1996 Words

CASE STUDY ANALYSIS 12 Part one: A literature review concerning the purpose and content of business plans Supervisor: Paul Grant A business plan is so important in the business environment especially for a start-up business that normally needs to persuade third party for more money. Business might not grow according to plan along the way but without a plan, business will never be successful. Business Portal of India [n.d] states that business requires finance to start up its operation, to maintain its operation and for its growth and expansion. A good business plan will help firm achieve a certain amount of money invested by financiers. Not only help you get your money, federation of small business (2012) points out that a†¦show more content†¦On the other hand, according to HSBC Bank plc. (1999, cited in A.Alsbury, 2001), there are no set guidelines of the level of details in a business plan. It is argued that the level of detail will depend on the nature of the business. Barrow (1986) also suggests that business plan should be kept as brief and simple as possible, but not miss out anything important . While federation of small business (2012) states that a business plan should include the following contents: current market situation, current target customers, competitor analysis, marketing strategy, marketing plan, sales targets and objectives, operational requirements, current financial requirements and financial forecast, management processes, business risks It might be too many parts for a business plan and some parts can be combined together. A business plan should be clear, brief, logical, truthful and back upwards with figures wherever possible (Blackwell, 2004). Jones (1953); Barrow (1986); Leach, Dore Steward (2000) and Blackwell (2004) suggests another structure for a business plans: summary, background, product/services, marketing plan, management and organization, operations, financial information, projections for year ahead. Despite theShow MoreRelatedBusiness Plan For A Business Essay1708 Words   |  7 Pagesbrand-new business, expand an existing company, or get financing for a business venture, you will need to write a business plan. A business plan not only lends your business a sense of credibility, but also helps you to cover all your bases, increasing your chances of success. Although writing a business plan can be a lengthy, intimidating project, it is not necessarily difficult. Here is an overview of how to write a successful business plan. What to Include in Your Business Plan Your businessRead MoreBusiness Plan For A New Venture1355 Words   |  6 PagesA business plan can be used for beginning a new business, to create a more profitable business or for consideration of new services and ideas. A business plan is a written document that gives details on a business idea or venture and present the outlook of the business over a number of years. This plan will guide the business project management and operations, assist in vital decisions and measure performance. There are many types of business plans and not one of them is considered a universal planRead MoreEssay about Creating a Business Plan1119 Words   |  5 Pagesyou must have guidelines, so to speak, to know where you are heading in the future. That is why before you can start a business you need to draw up a detailed business plan. Business plans are considered blueprints. A business plan is what is needed to get your business off the ground and to attract potential investors. A business plan is way to show that you are in the business to make money. Introduce the company and the product/service idea for the new venture. Triple S Night Club is a new companyRead MoreBusiness Plan For An Casual Dining Mexican Restaurant1804 Words   |  8 PagesThe critical analysis essay is based on the business plan of an upcoming casual dining Mexican restaurant in an upmarket locality of Benowa Gardens, Gold Coast, Queensland. The restaurant is called Burrito Bar, which specialises in modern Mexican food along with alcoholic drinks and operates on a franchising model. The business plan was made by one Mr.Paddu for the purpose of procuring a bank loan/private funding to kick-start the project. The business plan follows the general format used in the restaurant/hospitalityRead MoreRenee Business Plan5082 Words   |  21 PagesBusiness Plan for a Startup Business The business plan consists of a narrative and several financial worksheets. The narrative template is the body of the business plan. It contains more than 150 questions divided into several sections. Work through the sections in any order that you want, except for the Executive Summary, which should be done last. Skip any questions that do not apply to your type of business. When you are finished writing your first draft, you’ll have a collection of small essaysRead MoreBusiness Plan For A Business1546 Words   |  7 Pagesenterprise, especially a business, usually with considerable initiative or risk†. They are usually characterized as people with greatly valued self-reliance, with high optimism and people who who strive for distinction through excellence. I am interested in starting my own basketball business and becoming an entrepreneur. In order to start a business I need a business plan. From research, I have learned that my business plan needs to have an executive summary, identification of my business, financial recordsRead MoreBusiness Plan For A Business840 Words   |  4 Pagesâ€Å"Business plans are statement of a business goals, reason they are attainable and plans on meeting it’ (FoxBuisness, 2013). A business plan maps the course and gives a detail plan on how these goals are achievable. It is also important to establish a solid business plan for funding. Some small business use venture capital, bank loans, personal funds, and private investors as sources of funding. The business plan must therefore, sell investors. A well-written convincing business plan can buy investorsRead MoreBusiness Plan1439 Words   |  6 PagesBusiness Plan What is Blueberry Nights? Type: bar and restaurant for young people Category: II. class Service method: plate service Menu type: A’la Carte Opening hours: Sunday to Wednesday 10:00-22:00 Thursday to Saturday 13:00-05:00 No day off Target market: students, tourists and residents Location: Budapest, Margit kà ¶rà ºt Few steps from Margaret Island Easy to reach by tram Seating capacity: 120 (80+40) 1st floor: kitchen area, 80 seated restaurant, bar, armchairsRead Morebusiness plan5494 Words   |  22 Pagesbecause we as a young generation that want to open new shop sold the â€Å"Keropok Leko†. OBJECTIVE OF THE ORGANIZATION Every business opportunity begins with the existence of various customers needs and wants for particular product or service. A need is something that is basic in life such as food, clothes and shelter. Therefore, our companies take these advantages and venture a business based on food industries. Our main activity is to manufacture keropok lekor that is made from fish paste, flour, and saltsRead MoreBusiness Plan For A Business1866 Words   |  8 Pages Business Plan Buiness model in theory and practice according to Wikipedia is used for a broad range of informal and forma l descriptions to represent the core aspects of a business, including the purposes of that business, its process, target customers, of ferings, strategies , infrastructure, organizational structures, trading practice, and operational processes and policies . Below, we would look at two kinds of business model (franchise and tradition al business) , their pros and cons, o r their

Candace Alnaji - ThoughtCo

Public Relations Practitioners An Interview I Conducted...

Even though public relations practitioners have developed a poor reputation in journalistic circles due to the perceived bias for their clients, I believe that there are many good public relations personnel who are able to maintain a symbiotic relationship with media professionals. This is evident through an interview I conducted with the Senior Producer of the TODAY Show, Victoria Owens whose job relies heavily on contact with public relations practitioners her job is deciding which information from these sources to use in the show. Ms Owens shared her own opinions about the nature of her and her colleagues’ relationships with public relations practitioners, which in most cases contributes to the success of the show. Further more †¦ has a†¦show more content†¦In fact, even the journalism literature suggests that some 40-50 per cent or more of all the news that’s reported on any given day originated in PR departments† (Parsons, 2008). Hence, Parsonsà ¢â‚¬â„¢ goes on to further elaborate that even though the relationship between journalists and public relations personnel is indeed significant, there are also ethical problems that are naturally evident within that connection. Victoria Owens explained that the relationship between journalists and public relations personnel is extremely significant as news professionals obviously rely on them to give a heads up on stories or really important public information that they might not have heard yet. For example, if the Government MP’s have released a new policy, their public relations representative will forward that information to the producers in order to have their message spread to the public. The reality, in recent times is that a large number of cutbacks in ‘journalistic staff’ throughout the news media, this results in the reliance of third party news sources to provide information that cannot be completed by the journalists on their own (Macnamara, 2009). Jane Johnston, the author of the book Media Relations (2012), wrote, â€Å"These journalists desperately require sources to link up with the corporate, political, social and cultural

A Brief Overview of the Trans-Atlantic Slave Trade free essay sample

The trans-Atlantic slave trade was the largest long-distance coerced movement of people in history and, prior to the mid-nineteenth century, formed the major demographic well-spring for the re-peopling of the Americas following the collapse of the Meridian population. Cumulatively, as late as 1820, nearly four Africans had crossed the Atlantic for every European, and, given the differences in the sex ratios between European and African migrant streams, about four out of every five females that traversed the Atlantic were from Africa.From the late fifteenth century, the Atlantic Ocean, once a formidable barrier that prevented regular interaction between those peoples inhabiting the four continents it touched, became a commercial highway that integrated the histories Of Africa, Europe, and the Americas for the first time. As the above figures suggest, slavery and the slave trade were the linchpins of this process.With the decline of the Meridian population, labor from Africa formed the basis of the exploitation of the gold and agricultural resources of the export sectors of the Americas, with sugar laminations absorbing well over two thirds of slaves carried across the Atlantic by the major European and Euro-American powers. We will write a custom essay sample on A Brief Overview of the Trans-Atlantic Slave Trade or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page For several centuries slaves were the most important reason for contact between Europeans and Africans.What can explain this extraordinary migration, organized initially on a continent where the institution of slavery had declined or totally disappeared in the centuries prior to Columbian contact, and where, even when it had existed, slavery had never been confined to one group of people? To pose the question differently, why slavery, and why were the slaves carried across the Atlantic exclusively African? The short answer to the first of these two questions is that European expansion to the Americas was to mainly tropical and semi-tropical areas.Several products that were either unknown to Europeans (like tobacco), or occupied a luxury niche in pre-expansion European tastes (like gold or sugar), now fell within the capacity of Europeans to produce more abundantly. But while Europeans could control the production of such exotic goods, it became apparent in the first two centuries af ter Columbian contact that they chose not to supply the labor that would make such output possible.Free European migrants and indentured servants never traveled across the Atlantic in sufficient numbers to meet the labor needs of expanding plantations. Convicts and prisoners the only Europeans who were ever forced to migrate were much fewer in numbers again. Slavery or some form of coerced labor was the only possible option if European consumers were to gain access to more tropical produce and precious metals.