The Skimming Of A Business Plan

Imagine you are hired by a new start-up company. You are tasked to recognize and explore a new business opportunity of creating a new product or service for your company. As part of your new business vision, you will create a business plan describing all keys elements of the business opportunity which will ultimately be presented to an executive team in a venture capital group for possible funding and execution.

Profit is the money that a business earns in revenue, minus investments, and the cost of salaries.

Imagine you are hired by a new start-up company. You are tasked to recognize and explore a new business opportunity of creating a new product or service for your company. As part of your new business vision, you will create a business plan describing all keys elements of the business opportunity which will ultimately be presented to an executive team in a venture capital group for possible funding and execution.

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.

I thought Stretch r’ Wings Inc., did have enough detail in their business plan to effectively communicate their sales plan due to the fact the company was so organized in their thought process. If you look at each section they provide brief summaries or explanation of each section before they actually give the information in the business plan. This gives the investors or bank a heads up on the information they are about to learn about in the company’s

According to both a recent Entrepreneur article and a recent Business Insider article, incorrect grammar and spelling make a bad impression on hiring managers. They convey laziness, carelessness, and a lack of attention to detail. Proofreading should be a three-step process. First, read your résumé aloud. Reading it out loud will allow you to hear mistakes. Second, run it through a spelling and grammar program.

Book Worms Anonymous is a bookstore in the Southwest Missouri area. It is the goal of the marketing team to acquire the local market share in the music and bookstore industry through low prices, variety of products, a comprehensive amount of services that include buyback and trade programs, and a relaxing, friendly environment that encourages reading.

In proofreading Ms. Smith policy I identified only two spelling typos. The language was clear, professional, and maintained a smooth

I agree! It is important to make sure all of your business writings do not contain errors and are properly formatted. Taking pride in the writing is a key point, but taking pride in your writing can be hard when you have a range of emotions about writing. I try to avoid writing because I am unsure if grammatically what I wrote is correct. I read an article a while back that advises if you are fearful of writing try changing your aspect of it and this could help you improve. So for example, my fear of writing has to do with grammar. So, I focus more on my grammar, more than spelling. Good job on your

· A robust business plan provides a path for changing a company’s profitable enterprise (Wagner, 2017). If a program is not well written or researched, it can cause a company to fail. It will be an excellent idea to start looking into other options like a commercial loan through a bank or a small business loan through the Small Business Administration or other lenders (Taylor, 2016). The market/cost demand for the

Approach your audience on an appropriate level of expertise. It is very common for writers to fail to tailor their writing to the intended reader. One common mistake is to assume a lack of expertise from the reader, so your writing ends up including more detail than is necessary. An example of this would be, writing to a group of information technology experts and stating, “Apple and Windows are the two major operating systems used by consumers.” This statement would be something an IT expert would be well aware of. A second

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.

Business plan is an important basis by investors cautiously screened for the project. It can help Bai Xing Group to find investors or partners.

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 like, 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 essays on the various topics of the business plan. Then you’ll want to edit them into a smooth‐flowing narrative. The real value of creating a business plan is not in having the finished product in hand; rather, the value lies in the process of

Furthermore, the basic start of a business begins with a business plan. “A business plan precisely defines your business, identifies your goals, and serves as your firm’s resume”