The main purpose of a business plan is to attract investors, as well as guide the actions and policies of a firm over a certain period.
Steps to great business plans:
Write out the basic business concepts Feasibility and details: Gather all the relevant information regarding business Outline the details of business Compile your plan Review the sample plan
Contents of business plans are:
Executive summary Company Products and services Market analysis Management Marketing plan Operating plan Financial plan Critical risks, problems and assumptions
TYPES OF BUSINESS PLANS:
Business plans can be divided into following types. All require different amounts of labor. There are:
Mini plans, or Short plans: Mini plans consist of one to ten pages. It’s a great way to quickly examine a business concept. It should include:
v Financial statements
v Business concept
v Marketing needs
v Financing needs
Working plans: A tool used to operate business is known as working plans. It has to be long Presentation plans: All the information in working and presentation are almost same, but styled in a different way. Details of experience and polish are the main difference between working and presentation plans. Presentation plan is appropriate for showing to:
v Investors
v Bankers
v others outside the company
Growth plan: Growth plans are prepared for companies that are moderately successful, and who are ready for the next level. It details how the business will grow. Start-up plan: The most common types of business plans are start-up plan. A start-up plan should cover many details, including:
v Financial analysis
v Marketing strategies
v The team or employees that you will be using
v Products or services that you are providing
Operations plan: Operational plans are the plans that are only made for the owners and employees of the company, and not for investors or clients. It details:
v How the business is meant to run
v Employees’ responsibilities
v Upcoming projects of the company
v Events and milestones for the business
Business plans has unimaginable importance. An investment-seeking entrepreneur uses it to seek investors; it increases the feasibility of the business. A firm may use to attract employees etc., therefore, at the time of writing business plans, a business plan writer should be very careful and attentive.
By: Ayaz Haider
Archive for November, 2009
Plan your immigration at every stage
November 30th, 2009According to the U.N. Population Division, there are now almost 200 million international migrants.
About 50% of these existing immigrants are illegal OR undocumented. The worldwide immigration trend is increasing day by day. The intending immigrants also do not have good immigration plans to retain their legal status for a longer duration. They normally overstay their Visa period due to many reasons beyond their control. Then these overstayed / illegal immigrants are forced to live under inhumane circumstances for next many years of their life.
Immigration Laws and society do not help illegal immigrants.
80% of the world immigrant’s population is based on financial inspirations. They migrate in pursuit of financial freedom and happiness. Their existing recourses are not enough. They take big risk of their life to do OR die. Sometimes they loose life during their journey of Hope.
But most hardworking immigrants who Plan their immigration with proper research and knowledge of immigration laws and procedures are normally able to achieve their immigration goals successfully. They define their immigration objectives in a very realistic way. Their immigration plan is similar to a good business plan. Their every immigration step is pre planed and anticipated. They know their limitations of resources and set realistic immigration targets to be achieved.
We will be publishing series of Articles about IMMIGRATION PLANS prepared and executed by intelligent and hardworking immigrants to achieve their short OR long term immigration objectives. These samples Immigration plans will help and guide the international immigrant communities to develop their personal immigration plans for their own success.
These series of real world immigration plans are true ground realities. Due to privacy reasons the actual Names of immigrants have been changed. We have tried to explain the immigrants thought process while developing their immigration plans.
http://www.moneybizhome.com/legal
By: Oli Osorhan
Notes on Financial Report Writer
November 29th, 2009Scott Smith, President of Technology Group International, noted, “The report writer allows both existing and new Enterprise 21 customers to produce sophisticated financial reports with very minimal effort or data set up. It is designed to fully capture the advanced general ledger and financial reporting structure inherent in our ERP software.”
Technology Group International (TGI), a leading ERP software solution provider, announced the release of an easy to use financial report writer that is fully integrated into TGI’s flagship software product, Enterprise 21.
The new report writer automatically exports data from Enterprise 21’s General Ledger module into commonly used spreadsheet programs such as Microsoft Excel. This export process gives the average user the ability to quickly produce financial data in a presentation format that is easily customized to mimic their organization’s unique look and feel.
Sample financial reports include:
Balance Sheets
Income Statements
Profit and Loss Statements
Financial Ratios
Cash Flows
The financial report writer accommodates organizations with multiple departments, cost centers, divisions, or companies. It is available with all new sales of the Enterprise 21 ERP system.
About Technology Group International, Ltd.
Founded in 1990 and headquartered in Toledo, Ohio, Technology Group International is a proven technology leader delivering Tier 1 application software functionality at a price performance level that can be readily accepted by organizations of all sizes. Specializing in software solutions for small and mid-market manufacturing and distribution companies, TGI’s integrated Enterprise Series software suite is a complete business process management solution. The product offering includes Enterprise Resources Planning (ERP), Manufacturing Resource Planning (MRP), Supply Chain Management (SCM), Warehouse Management System (WMS), Advanced Planning and Scheduling (APS), Decision Support System (DSS), Business Intelligence, Manufacturing Execution System (MES), and eCommerce. TGI implements, maintains, enhances, and supports its packaged distribution and manufacturing software solutions directly and via its channel partners.
By: Thomas Cutler
