business plan

A business plan is a formal statement of a set of business goals, the reasons they are believed attainable, and the plan for reaching those goals. It may also contain background information about the organization or team attempting to reach those goals. Business plans may also target changes in perception and branding by the customer, client, taxpayer, or larger community. When the existing business is to assume a major change or when planning a new venture, a 3 to 5 year business plan is required, since investors will look for their annual return in that timeframe.[1]
purpose of a business plan

The purpose of a business plan is to provide guidance for the organization in all major operational aspects. Business plans vary in their complexity and scope, and can vary widely depending on the needs of the organization. Despite the possible variations in business plans, however, there are several key components they have in common.
title page

The title page of a book, thesis or other written work is the page at or near the front which displays its title. This page contains only the title in a fashion similar to the rest of the text within the book.
executive summary

An executive summary, sometimes known as a management summary, is a short document or section of a document, produced for business purposes, that summarizes a longer report or proposal or a group of related reports in such a way that readers can rapidly become acquainted with a large body of material without having to read it all. It usually contains a brief statement of the problem or proposal covered in the major document(s), background information, concise analysis and main conclusions. It is intended as an aid to decision-making by managers[1][2] and has been described as possibly the most important part of a business plan.[3] They must be short and to the point. An executive summary differs from an abstract in that an abstract will usually be shorter and is intended to provide a neutral overview or orientation rather than being a condensed version of the full document. Abstracts are extensively used in academic research where the concept of the executive summary would be meaningless. "An abstract is a brief summarizing statement... read by parties who are trying to decide whether or not to read the main document", while "an executive summary, unlike an abstract, is a document in miniature that may be read in place of the longer document".[4]
description of the business

The business description usually begins with a short description of the industry. When describing the industry, discuss the present outlook as well as future possibilities. You should also provide information on all the various markets within the industry, including any new products or developments that will benefit or adversely affect your business. Base all of your observations on reliable data and be sure to footnote sources of information as appropriate. This is important if you're seeking funding; the investor

[3] Operations management Operations management is an area of management concerned with overseeing. Business Project he Business Project is a consultancy-like project. traditional environmental scanning places many firms at risk of dangerous competitive blindspots due to a lack of robust competitor analysis.[1] Marketing strategy includes all basic and long-term activities in the field of marketing that deal with the analysis of the strategic initial situation of a company and the formulation. International teams of 3-5 students solve a real business problem as a one-semester part-time activity tutored by both the company and a professor in parallel. tactical information dynamically informs strategy.[2] It is argued that most firms do not conduct this type of analysis systematically enough. evaluation and selection of market-oriented strategies and therefore contribute to the goals of the company and its marketing objectives. This analysis provides both an offensive and defensive strategic context to identify opportunities and threats. In business as in military affairs. the boundaries between levels are not always distinct.[2] Competitor analysis Competitor analysis in marketing and strategic management is an assessment of the strengths and weaknesses of current and potential competitors. conjectures. and individual people often move between roles over time.[1] Competitor analysis is an essential component of corporate strategy.will want to know just how dependable your information is. and won't risk money on assumptions or conjecture. and intuition gained through the tidbits of information about competitors every manager continually receives. Instead. The relationship of operations management to senior management in commercial contexts can be compared to the relationship of line officers to highest-level senior officers in military science. monitoring and adjustment. The highest-level officers shape the strategy and revise it over time. and controlling the process of production and redesigning business operations in the production ofgoods or services. Marketing strategy Marketing strategy is defined by David Aaker as a process that can allow an organization to concentrate its resources on the optimal opportunities with the goals of increasing sales and achieving a sustainable competitive advantage. . and effective in terms of meeting customer requirements. Profiling coalesces all of the relevant sources of competitor analysis into one framework in the support of efficient and effective strategy formulation. while the line officers make tactical decisions in support of carrying out the strategy. It involves the responsibility of ensuring that business operations are efficient in terms of using as few resources as needed. many enterprises operate on what is called “informal impressions. and energy) into outputs (in the form of goods and/or services). designing. It is concerned with managing the process that converts inputs (in the forms of materials. implementation.” As a result. labor.

and investors. a cover letter. traders. and other supporting documentation as specified in the job posting. brokers and dealer desks or regulatory filings (e. Supporting documentation Supporting documentation for a job application may include a resume. letters of recommendation. a reference list. The data distributed is collected from sources such as a stock exchange feeds. Veterans' Preference documents. transcripts. . portfolios.financial data A financial data vendor provides data to financial firms. writing samples. an SEC filing). certifications.g.Supporting documentation includes the documents that may be be required to be submitted as part of the job application process.

Assignment In Entrepreneurship Name : Dianne Trinidad Year&sec : III-Food Tech Teacher : Ma’am Amoroso .

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