 A blueprint of the actions necessary to reach the desired goal. Goal Goal  A desired future state that the organization wants to achieve. Plan Plan.

Slides:



Advertisements
Similar presentations
The 4 “P”s of Marketing Product, Price, Place, and Promotion
Advertisements

Entrepreneurs discover a business opportunity when they find a solution to an unsolved problem or unmet need. The first step in an entrepreneurial venture.
Entrepreneurs discover an entrepreneurial opportunity when they find a compelling solution to an unsolved problem or unsatisfied need. The first step.
Lecture 1 Human Resource Management Practices
SMALL BUSINESS PLAN GUIDE
Making A Presentation To Investors. Introduction Introduce the speakers. Introduce the speakers. State the reasons for presenting. State the reasons for.
10 Minute Investor Presentation Title Here
Should you always use a budget as a tool to guide your spending priorities? 1.Yes 2.No.
Key components of the business plan
Porter’s Generic Value Chain Infrastructure Human Resource Management Technology Development Procurement Elapsed Time - Value added time cost Inbound Logistics.
Tutor2u ™ GCSE Business Studies Revision Presentations 2004 Budgets & Business Planning.
By Sid Chambless om
Your Task  As a sole proprietor, create a hypothetical future business in the Capital Region  Present your business plan to the class.
Feasibility Analysis: Testing an Opportunity
B. OVERVIEW OF SMALL BUSINESS 2.00 Explain the basic concepts leading to success in small business entrepreneurship Explain the factors and personality.
Organizational Chart – Management Team Chief Operating Officer Sales/Mktg Manager Operations Manager Quality Manager Technology Manager Finance Manager.
How to Write a Business Plan Peace Corps WID/GAD Committee.
Business Plans. A business plan enables you to work out the viability of your business A business plan enables you to work out the viability of your business.
What A written document that describes all the steps necessary for opening and operating a successful business. You plan should provide the following:
STRATEGIC MANAGEMENT ACCOUNTING Organizing Basics for Structure Organizations are comprised of individuals who work together in GROUPS: teams, taskforces,
A Business Plan What is a business plan? What is the role of a business plan? What are the types of business plans? © Karen Devine 2009.
Developing a Business Plan
The Business Plan- Creating and Starting the Business
INTRODUCTION.
Presented by Thomas. What is HR Department HR Departments are the entities organizations that organize people, report relationships, and work in a way.
PERSONAL INVESTMENTS HELPING YOUR CLIENTS REACH THEIR GOALS.
Chapter 10 Marketing.
BUSINESS PLAN MISSIONVISION. PURPOSE 1.Helps focus and research the business’s development development 2.Provides framework for strategies over the next.
Financial Aspects of Marketing Management Marketing 6201 Chip Besio Cox School of Business.
ADVANCE AGRIBUSINESS FARM RANCH BUSINESS MANAGEMENT.
Introduction to Business Unit 1: What is Entrepreneurship?
Lecture 5: Human Resource Forecasting and Planning.
Running a business Skills & Experiences. What is business?
Managing Your Farm and Ranch Operation
The People Factor or HRM 2010 Jordan Business Solutions.
Simple rules to follow when creating the business plan.
1.  Mission statement  Stage of development  Business plan status  Legal entity status  Location  Number of employees 2 New World Angels.
A business plan outlines the objectives of the business and summarizes the strategies and resources needed to achieve these objectives. A well-prepared.
Dr. Mohamed Riyazh Khan DoMS
1 As a tenant in one of our properties, you have privileged access to a one-of-a-kind program of benefits and services known as 5-Star Worldwide. Created.
Business Plan Basics Entrepreneurship B. Why is business planning important? Helps shape your destination Gives you a blueprint to follow Use as.
The Professional Personal Chef 1 Chapter 4 The Business Plan.
Business Plans Ross. What is a Business Plan? A business plan is a series of documents that serves as a blueprint for building a business. A business.
Develop a Marketing Plan.  Your marketing plan gives you a guide on which to base decisions and ensures that everyone is working together to achieve.
Marketing Plan Identify the components of a marketing plan.
Why Businesses Fail Can Name a Local Business that Failed for the Reasons Given? Record them. Lack of money Lack of business experience Poor management.
ACC 290 Week 1 DQ 1 What are the four basic financial statements? What is the primary purpose of each of the four basic financial statements? In your opinion,
How to Make a Yearly Sales Target Plan
Company Name Mission statement Stage of development
Company Name Mission statement Stage of development
PLANNING FOR CHANGE CHAPTER Nineteen.
What Else Can We Do Today?
Startup Finance VentureFin.
Top 6 Strategies of Digital Marketing.
The Business Plan.
2.09 Describe entrepreneurial planning considerations
How does a country achieve economic growth
فرایند بازاریابی.
Business IQ® For Sales Professionals
المحور الأول : تعريف التأجير التمويلي وسنده القانوني
2017 Business Plan Competition Session 1 June 2, 2017
CLASS BUSINESS PROPOSAL
What the employee wants to do What the employee is good at
Developing a Business Plan
The 4 “P”s of Marketing Product, Price, Place, and Promotion
Warm Up – May 6 Finishing Shark Tank Entrepreneurship Presentations.
Venture Plan Sections All Venture Plans should include the following sections: Executive Summary Market Analysis Resource Analysis Operating Strategy.
Name of Presentation Business Name.
The 4 “P”s of Marketing Product, Price, Place, and Promotion
Company Name Mission statement Stage of development
Presentation transcript:

 A blueprint of the actions necessary to reach the desired goal. Goal Goal  A desired future state that the organization wants to achieve. Plan Plan  Where do we want to be?  How do we get there? Business Plan 101

What is a Business Plan? Goals Increase SalesIncrease Sales Physical presence in a new locationPhysical presence in a new location Increase in number of products offeredIncrease in number of products offeredGoals Increase SalesIncrease Sales Physical presence in a new locationPhysical presence in a new location Increase in number of products offeredIncrease in number of products offered

What is a Business Plan? Financial Plan What will our Operating Statement look like when the Goal is reached? Financial Plan What will our Operating Statement look like when the Goal is reached? Financial Plan What assets will be needed to reach the Goal? New buildings, equipment, etc. New buildings, equipment, etc. Financial Plan What assets will be needed to reach the Goal? New buildings, equipment, etc. New buildings, equipment, etc.

What is a Business Plan? Organization Structure and HR Plan What positions and skills do we need?  Develop projected organization chart Organization Structure and HR Plan What positions and skills do we need?  Develop projected organization chart

What is a Business Plan? Marketing Plan What strategies will we use to reach our Goals? Marketing Plan What strategies will we use to reach our Goals?

What is a Business Plan? Who Looks at the Business Plan? > Managers > Employees > Investors Who Looks at the Business Plan? > Managers > Employees > Investors

What is a Business Plan? So everyone is going in the same direction.