What Is A Business Plan Gcse

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A business plan is a document that outlines the goals, strategies, and financial projections of a company. It is an essential tool for any business, as it serves as a roadmap for the organization and helps to secure funding from investors or lenders.

For students studying business at the GCSE level, understanding the concept of a business plan is crucial. It not only helps them to gain a deeper understanding of the business world but also prepares them for their future careers as entrepreneurs or business leaders.

However, writing a business plan can be a daunting and time-consuming task. It requires extensive research, analysis, and strategic thinking. Many students struggle with this assignment, as it involves a lot of technicalities and can be overwhelming for someone with little or no experience in business.

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From this, we can constantly make predictions about competitors’ future moves and devise proper proactive or reactive plans to defend our sales and market position. Gave the date of when the venture is planned to be launched. The emphasis of the business plan always should be the final implementation of the venture. The market is very big as many other business selling similar products are already established and running smoothly. Our company will seek the best way to build an excellent reputation and strong relationship between us and our clients so they could recommend us with no doubt. Therefore, growth of oral hygiene in these areas can only be achieved through manufacturers’ efforts devoted to the development of new oral hygiene products that can add more values to increasingly demanding urban consumers. We need to continue the process with the suppliers to produce the prototype and test it before actually launching the products. Dividends will be paid on a quarterly basis, and will be equal to 25 percent of projected after-tax profits. To analysis whether accounting is a language of business or not, we need to know what is. Write a review Update existing review Submit review Cancel It's good to leave some feedback. The best time will be afternoon (1PM-5PM) and evening (7PM-9PM). (See Appendix 1.2 ). This is known as Market segmentation---- this is the division of the tuck shop according to different types of customer, in order to meet people’s needs. For convenience, most full-time office workers will choose to stay at their offices instead of going home during lunch break to eat lunch, practice some personal hygiene and take a nap before commencing work in the afternoon. There is only a little tuck shop which only sells several products with high prices. There are no companies that truly control this industry. The quality of the bristles depends on the type of product (elaborated later). A good Business Plan should help you sleep at night. Our delivery charges would be free so customers would only pay for what they have ordered. Reviews Select overall rating (no rating) Your rating is required to reflect your happiness. There are large companies throughout, but small businesses take more than 80% of industry sales. Therefore, marketing department’s jobs will be heavier during this period. All you need - open the powerpoint, run through it, and deliver quality lessons whilst saving precious time. As mentioned earlier, the population of office workers in Ho Chi Minh City can be estimated to constitute 50% of the city’s employed population. The retailer must keep all faulty toothbrushes returned by end-users until the next time they purchase from us. The following facilities will be installed in this plant. To prevent unexpected proprietary issues in the future, our company needs to gain the copyrights of our product’s design, the company name, logo and the brand name of the toothbrush. Your chosen resource will be sent to you within 24 hours. For example, travelers going on a 01-week tour would probably go for this product for. Therefore the income received from the business after this amount will be the profit. No competitors of ours have been able to provide such value so far.

Furthermore, the Vietnam-Singapore Technical Training Centre, established within the industrial park by experienced personnel from Singapore’s Institute of Technical Education (ITE), can assist our company in human resources development efforts: training employees, raising their technical standards and imparting specialized skills to them. Total net profit at the end of the first year will be 2,625,468,480 VND, which represents 16% of sales. In this market for manual toothbrushes, Oral-B has, up till now, secured the first place, followed closely by Unilever Vietnam and Colgate-Palmolive Vietnam. Being part of the dramatically growing oral hygiene industry in Vietnam, our company manufactures the unprecedented “2 in 1 toothbrush” , which is a highly convenient and premiumquality combination of toothbrush and toothpaste into one single product, thus providing customer with an integrated oral hygiene solution. Therefore, new products will be introduced to fit those customer groups. Therefore the income received from the business after this amount will be the profit. Also, our target market, i.e. “front office workers” and company executives, takes up approximately 70% of the office worker population. Reviews Select overall rating (no rating) Your rating is required to reflect your happiness. Income statements, profit and loss statement, and balance sheets, for first 3 years were well prepared. Therefore, we need to protect those assets by patenting them. As elaborated earlier, our “2 in 1” toothbrush is mainly targeted at local travelers and office workers. Factory building, equipment purchasing and installation will have to be finished by July 2007, when we official commence operation. The total advertising and promotion budget for the first year is estimated at 2,983,500,000 VND. The cleaning industry has grown 6% to 11% annually since 1994 and we expected growth of 30% over the next three years. The emphasis of the business plan always should be the final implementation of the venture. Our customer service team will review your report and will be in touch. ?2.00 (no rating) 0 reviews BUY NOW Save for later ?2.00 (no rating) 0 reviews BUY NOW Save for later Last updated 23 January 2024 Share this Share through email Share through twitter Share through linkedin Share through facebook Share through pinterest Resourcify 4.03 150 reviews Not the right resource. The shop will have machinery such as cash registers, security devices (cameras burglar alarms etc.), smoke alarms, computers to check stock availability etc. Our unique “2 in 1 toothbrushes” can save them from having to bring along a separate toothbrush and toothpaste for oral hygiene, thus entitling them to great convenience. The future products may include KID and ECONOMIC toothbrush to target the two potential market sectors: schools and hotels. The whole toothbrush part is estimated to be 14 centimeters long and the cylindrical handle has the diameter of 2 centimeters. Judging by existing trends, it is expected that demand for our innovative and convenient toothbrush within this market segment will increase significantly in the future. A post office can be found right outside VSIP compound. He is well known in Ho Chi Minh City for his excellent academic transcripts. Evidently, they would have to carry along lots of miscellaneous items for the trips; therefore, product functionality and convenience are what travelers need. Our delivery charges would be free so customers would only pay for what they have ordered. This resource hasn't been reviewed yet To ensure quality for our reviews, only customers who have downloaded this resource can review it Report this resource to let us know if it violates our terms and conditions. Write a review Update existing review Submit review Cancel It's good to leave some feedback. These key players are multinational companies who wield enormous market power thanks to their huge capital investment, strong distribution network, large-scale marketing efforts, high product diversity, wide market coverage, etc. I am hoping that this gives you a starting point for your lesson and that you are able to either further develop it or use it as it is. That is why she is chosen to take the role of the Manager of Human Resource Department.

This resource hasn't been reviewed yet To ensure quality for our reviews, only customers who have purchased this resource can review it Report this resource to let us know if it violates our terms and conditions. Moreover, the heightened demand for new breakthroughs within the industry among urban consumers reveal promising opportunities for new entrants who wish to utilize product differentiation as an effective tool to compete with existing industrial “Goliaths” The lesson covers the main pros and cons of developing a business plan and the most important headings of a business plan. Your plan should include explicit objectives for hiring new employees, what structure you will have, what products and services your business will provide, how you will promote them and how you will finance business operations. We need to continue the process with the suppliers to produce the prototype and test it before actually launching the products. However, these TV channels have offered us more economical ways of appearing on this most popular means of media: the TV Enterprise Self-Introduction Program, which normally lasts 3 to 6 minutes per broadcast and costs much less than a 1-minute advertisement. We hope in this path, We will get you with us all the time. Usually, People are attracted by a person who has go. Services will include hard carpet stain removing, dusting furniture upkeep, window cleaning, dusting, upholstery and mattresses cleaning, curtains cleaning and also cleaning standard rooms like kitchen, bathrooms, living rooms, bedrooms. Our trained employees are professional carpet cleaners, using the latest equipment providing unbelievable results. Other shareholders rights and restrictions are identified. Therefore, we need to protect those assets by patenting them. We deliver to customers who have to call us to place their order or they could place their order online. Our customer service team will review your report and will be in touch. ?2.00 (no rating) 0 reviews BUY NOW Save for later ?2.00 (no rating) 0 reviews BUY NOW Save for later Last updated 27 January 2019 Share this Share through email Share through twitter Share through linkedin Share through facebook Share through pinterest Emma Sarah Not the right resource. Hence, sales revenue from our targeted local travelers will probably amount to 13,930,880,000 VND. These bristles are then stapled firmly into the core with the aid of tiny metal staples. The main business activities will include rental and delivery of books and all audio types. Moreover, on our company’s website, there will be a “Question Box” where customers can drop their inquiries regarding oral hygiene and related issues; these questions will then be transferred to us. Discussed gross margins, and indicate whether this margin covers other expenses of the business. However, the company has the right to reject any request for vacation if needed to prevent personnel shortage during holiday season and summer. Computers can also help organizational departments, especially marketing department to carry out market research and environmental scanning for significant market trends that may affect our company. Our gross margin and operating margin are estimated at 63.92% and 17.78%, respectively for the first year of operation. Classification of Personality-Different Types of Personality So far, the basic design for “2-in-1 toothbrush” has been finalized. The main objectives of the first 12 months will be establishing a solid customer ground, accessing customers who live in the innermost parts of Shenfield and have no access to the Shenfield library because of the distance. According to the investigation done by the Ministry of Social Labor, Invalids, the unemployment rate of Ho Chi Minh City in 2005 was 5.9% ( Source: ). Therefore, the number of employed people within the 23 to 60 years old in Ho Chi Minh City can be estimated at roughly 3,225,454 people. Our customer service team will review your report and will be in touch. ?2.00 (no rating) 0 reviews BUY NOW Save for later ?2.00 (no rating) 0 reviews BUY NOW Save for later Last updated 14 September 2021 Share this Share through email Share through twitter Share through linkedin Share through facebook Share through pinterest Halimateaches's Shop 2.00 2 reviews Not the right resource. They will range between newspapers, educational and research books. Description the duties for each position, and who will fill these roles is included. Reviews Select overall rating (no rating) Your rating is required to reflect your happiness. See other similar resources ?2.00 (no rating) 0 reviews BUY NOW Save for later Not quite what you were looking for.

These key players are multinational companies who wield enormous market power thanks to their huge capital investment, strong distribution network, large-scale marketing efforts, high product diversity, wide market coverage, etc. The following criteria is involved in the resource. Part of a business plan’s purpose is to help bring in the right talent, at the right time This figure is expected to grow and reach 4,299,010,866 VND at the end of year 3. So our first priority is to create professional good looking and often updating website and optimization in the social networks like Google, Yahoo so our potential clients could find us with just one click. But it has a long term target for offering some others subjects of business concern. Write a review Update existing review Submit review Cancel It's good to leave some feedback. That is why she is chosen to take the role of the Manager of Human Resource Department. For existing businesses, a business plan should be updated annually as a way to guide growth and navigate expansion into new markets. Business consi wants to help you when you want to make your business knowledge more rich. Therefore, we need to protect those assets by patenting them. Miss Katsarova will hire three full time employees throughout the year. Write a review Update existing review Submit review Cancel It's good to leave some feedback. See other similar resources ?7.00 (no rating) 0 reviews BUY NOW Save for later Not quite what you were looking for. It defines how you will achieve your most important business objectives. In addition, if our product really wins, other competitors absolutely will not miss the chance to jump into the market, with the product that even has better design and function. Write a review Update existing review Submit review Cancel It's good to leave some feedback. The main business activities will include rental and delivery of books and all audio types. She has thorough understanding of financial and management accounting. After one year of operation, we expect to obtain a market share of approximately 2.32%; this figure is expected to increase to 4% in 2010. On average, the net profit margin in the first year will be 16%. But in winter, they only make a loss to my business, so I decided to pause this service in winter which means I can avoid this loss. This resource hasn't been reviewed yet To ensure quality for our reviews, only customers who have purchased this resource can review it Report this resource to let us know if it violates our terms and conditions. Then, our company will obtain back the defective products and compensate the retailer with new ones in the form of discount on total purchase. In the future, we will certainly expand this target market of ours beyond Ho Chi Minh City; thus, this figure is certain to increase in the future. From the results of the questionnaire, 64% of respondents said that keeping prices low is important (See Appendix 1 10). So from this point “Have A Break” will decide on a suitable price by decreasing certain percent (But the price will be just a little lower) to satisfy consumers needs and wants. This resource hasn't been reviewed yet To ensure quality for our reviews, only customers who have purchased this resource can review it Report this resource to let us know if it violates our terms and conditions. This high level of security diminishes the risk of theft and vandalism, thus ensuring safety for our operations. And of course, the use of computer technology will save us from having to deal with huge bundles of paperwork. If I get a loan from a bank I would have huge debts because there would be large interest rates attached to the loan I take from the bank.

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