Business plan evaluation Essay

This is the type of business entity that the owner should adopt because it is the most common and since this is the owners first time he should choose this type of entity in my opinion.

After gaining enough knowledge on the types of business structure, business owners can proceed to the process so that their plans of owning a business will turn into reality. After reading several resources, the process will be divided into five stages. The first stage is the planning and research. This involves developing viable business ideas, knowing the target customers and possible competitors, searching for the right location, thinking what will be the business name, and marketing strategy. In this stage, a business plan should be made. Business Link (2016) refers, “business plan as a document that defines why you’re in business, your goals, and how to achieve those goals and it also covers all major aspects of the business, including

Moreover, the APP also has some of its own disadvantages. First of all, the use of the APP must depend on the network. That is, it must be used online and not out of the network. It is limited to the business of the enterprise in underdeveloped areas of the network and it is also a common defect of all kinds of APPs. This is limited to the expansion of the use areas of the APP. Because consumers cannot use the network or the cost of using the network is too high in some places, then they would give up using the APP.

My first overall impression of the presentation given by Cookie Creations is that they did an adequate job. Their business plan started out by providing a sound, brief executive summary which gave me the attractive information needed to delve deeper into the business plan. In all but a page and a half, they pitched their idea, stated how the startup was to be funded, specified their target market, and explained how they would seize and maintain an advantage over other competitors. The business plan then expanded on the necessary subjects, aiming to gain the trust of potential investors. They elaborated on their history, market, product and services, strategies, operations, employees, financial plan and development. As I tried to objectively focus on the quality of their presentation rather than the quality of their product, I initially thought this was a great business plan. However, I am inexperienced, and I am an amateur. So after my first read through, I reviewed the Unit 8 PowerPoint on blackboard and paid more attention to detail during my following assessments. The business plan did do plenty of things well as I had imagined, but there were also flaws in the design. I will now be using the PowerPoint as a reference while critiquing this business plan.

Pawly is a start- up with a business model that is based on providing pet owners with technology that allows them to connect with their pets both at home and from any location in the world. A start- up is a small organization that is still trying to develop their scalable and repeatable business model"(Wise, 2015). "Scalability measures a company’s ability to consistently generate revenue while maintaining a stagnant fixed and variable cost" (Wise, 2015). A business model is the system a company implements in order to establish value and generate profit. This innovative technology was founded in November 2013, by Mayer and other entrepreneurs that have a

Petland should create an alliance with someone famous who has been known in the pet industry and market a whole new line of pet apparel, leashes, collars, toys, grooming and bathing supplies. Cesar Millan recently paired with Canadian Tire where they sell a large collection of supplies, toys, crates and food that was designed by the famous ‘dog whisperer’. This line has proven to be very

We realize that it is the right time now to start the new venture. Since animals are playing an essential role in human life, and lots of pet owners willing to provide their pets with good life. According to recent research, the awareness of pet ownership is increasing. The majority of population now considers their pets to be members of their families. However, many people are busy at work and do not have enough time to take care of their pets, so busy animal lovers to flock to an ever growing number of animal day care services across the nation. For customer convenience,

Connie, your desire to open up a business is the American dream. Yet understanding how to have a detailed business plan is what keeps the small business thriving in today’s market place. Your insight of the development of minority business ownership is intriguing and it is important to have more woman businesses in today’s society. I believe in supporting small businesses in our community since business owners help keep money in the town. Having a family member to guide you through the business world is a great asset in today’s challenging upstart marketplace.

A sound business plan creates the foundation for the future of your business. However, the management is mostly too busy with various responsibilities - focusing on the product/service, pursuing customers, team management, and administration – to prepare a stalwart business plan. Also a business plan is not a one-size-fits-all document. We at understand this and have over 200 man-years of collective experience to provide you a compelling solution package. As business plan consultants we advise you in polishing your ideas and strategies to make your business beneficial. There is no “exact” method to design a business plan. Bizwin is a business plan consulting firm, and our priority is to cover the important questions pertaining to every aspect

The app will be produced by these workers and added onto a third party app store upon completion of the product and testing

My Company will target many clients. College Students, Women, Men, Parents, Moms, Dads, Individuals who work or Individuals who travel for simple or even simply individuals who want to have a vacation as well as Individuals with disabilities. My Company will offer these individuals daycare and boarding options for their beloved pet in a fun, loving, and trust-worthy, playful environment. This will also help ease some stress off the Clients as well because they know they can trust our Pet Resort facility because we treat everyone, including

This business plan refers to opening a restaurant that provides Asian food. The restaurant is intended to sell fresh Asian foods, beers, fruit drinks and wines. I decided to start with these products because they aim at mass market and every age group of Asians in the market will purchase one product or the other, by doing this I'll make money from one product or the other.

A business plan is a road map for a team or business and it can be used, as an eternal tool for potential customers and partners. The business plan should describe in details the entire business venture, technology behind it, the size of the target market, customers, competition, business model, team, financial needs and exit strategy. The business plan gives a company insight and allows them to think things through early enough in the process to ensure they have a well defined venture goals and objectives. It also gives the business direction to a clear path for the team to follow and implement on their venture.

Starting a new business is an exciting venture and has its unique mix of challenges and rewards. Many are set-up for failure if no clear goals or measures are established and adhered. According to the Small Business Administration, “Planning is critical to successfully starting and building a business.” The best advice for a new entrepreneur interested in starting a business is to create a solid business plan that outlines the business in its entirety. A well-constructed, written business plan will help owners remain focused on their operations, marketing and financial measures through the duration of the business life. In addition, knowing the risks involved in starting a business can help prevent and minimize mistakes that cause many

This is a sample business plan that I completed by myself for a Entrepreneur class in my Senior year of high school. Unlike most students, I was really excited to plan and organize my ideas so my plan ended up being much longer then expected. All the numbers I used were, for the most part, actual prices and I spend hours alone just number crunching. It was worth it in the end when I had my final copy! I apologize in advance for awkward spacing, numbering, and indents. Some things like pictures and flow charts were lost throughout the transfer from Word.