Posts Tagged ‘Business Plan’

Custom essays on Successful business plan

// May 11th, 2013 // No Comments » // Free essays

The goal of any project is to implement a specific product or service basing on initially set objectives, within the given timeframe, and within the limit of budget, resources and labour. In the course of any project there emerge challenges which were not included in the original plan. Project audit allows to determine major problems existing in the project and to develop solutions (Lock, 2007). Project audit also allows to evaluate the rate of the project’s success. The purpose of this paper is to perform audit of the Cleveland Callback Project and to formulate recommendations for successful implementation of the project.
1. Objectives of the project
Projects, as mentioned above, are based on objectives, The Cleveland Callback Project 2010 stated that their objectives were as follows:
 To identify the household within the United Kingdom that had been upgraded by xxx limited.
 Contact all upgraded household by letter giving explanation towards the control unit.
 Introducing a temporary call centre in response to the letter.
 Organize visits from Fire Prevention Officers and replace faulty control units.
The Cleveland Callback Project (CCP) is not in accordance with planned projects in respect that, the objectives does not include any responsibility and ownership defined. The Introduction, to any sort of cost and time is not mentioned, resulting in incompleteness of objectives and a disastrous start.
2. Project controls
In the Cleveland Callback Project (CCP), primarily established a Matrix structure which is defined as a group of people with similar skills pooled together to apportioned work. The Fire Prevention Authority (FPA) department was defined as the owner of the project, whereby, the head of the FPA was nominated project director who dedicated very little time on the project. The project was not clearly defined into processes, phases or related tasks. The CCP had poor Project management resulting in longer time in completion, absenteeism for contingency planning, high risk occurrence and weak conflict resolutions. The project should have at least developed some degree of management phases for instance, the 4-D Model Project Management Phases (Cohen & Graham , 2001). Table 1 shows project phases, according to the 4-D Project Management Model. (more…)

Buy essay on Successful business plan

// May 11th, 2013 // No Comments » // Free essays

In order to create and implement a successful business plan, it is necessary to determine the new product or service which will be delivered to the customers, formulate mission of the company, perform an analysis of the target market, formulate marketing objectives and align them with the characteristics of the industry and market trends. The project of Eco-Friendly Dinner Delivery Service should also be designed and implemented with regard to the characteristics of the target market, industry profile and specific characteristics of the competition.
The sphere of meal delivery is growing due to increasing pace of busy life in large cities. The project is targeting major US cities, and there is room for market growth. However, in order to develop a business strategy, detailed analysis of the market has to be performed. The purpose of this paper is to analyze demographic characteristics of current target market and long-term target market, to consider industry trends, market shares and position of largest competitors and development strategies for the offered service within the existing meal delivery industry.
1. Service description
The new service will be the eco-friendly dinner delivery service. This service will provide meal delivery for diverse groups of customers at affordable prices, using environment-friendly means of delivery (hybrid vehicles and bicycles). Core features of the new services are timely delivery and energy-efficient approach. Customers of eco-friendly dinner delivery service will not only be able to satisfy their demands, but will also contribute to the protection of the environment. This innovative approach is designed to be a competitive advantage of the new delivery service.
The service will be launched in New York and Chicago, where it should take 3-5% of the local market in a year, and the company will also enter the markets of Dallas, Boston, San Francisco and Los Angeles. Market shares in these cities are not specified in the short-term marketing objectives, but it is supposed that the service will be firmly established during one year in these cities. Environment-friendly approach and 24/7 delivery are supposed to be the major advantages of the new service. (more…)

Business Plan

// October 18th, 2012 // No Comments » // Free essays

The goal of the business
Nowadays, sport is very popular and its popularity is considerably enforced by the impact of media which evoke the interest of audience to sport events. However, stadiums do not always provide an opportunity for all fans and ordinary spectators who want to visit their favorite sport events on the stadium. This is why the development of a sport bar franchise seems to be very perspective since it will provide all those people, who are left aside and cannot or do not want attend stadiums, an excellent opportunity to enjoy a sport event and communicate with other supporters and fans, who support the same team or sportsperson.
Basically, the major goal of the development of a sport bar franchise is to occupy the niche in the market which suggests an alternative to traditional bars and dinners and opens larger opportunity for customers. In fact, the bar will provide not only traditional services that typical for any bar, i.e. the provision of food and drinks for customers, but the sport bar franchise will also supply supplementary services to customers. To put it more precisely, people that attend the bar will also have an opportunity to watch a sport event that take place either in the local stadium or any other sport arena or in a different state or even country. In such a way, supporters and sport fans will have an opportunity not only to have a drink and some food, but, what is more important, they will be able to communicate with other fans and just enjoy the show they can watch on large screen TV’s.
Taking into consideration the fact that sport events are more popular among men, it would be logical to define the target customer group of the sports bar franchise as predominantly male at the age of 21 up to 50 or even 60, though there should not be any strict limitations, but the defined group is more likely to become the most loyal part of customers of the bar because, as a rule, they are the most devoted sports fans. (more…)

Custom writings on Components of a Business Plan

// June 25th, 2012 // No Comments » // Free essays

The creation of a business plan is an important step toward the start-up of a successful business because it is impossible to start business up without a well-developed and carefully prepared plan. In this respect, it is important to focus on key components of a business plan, which may vary depending on the business environment in which the business plan is developed and objectives of the business plan. Nevertheless, it is possible to distinguish such key components of a business plan as the background information, objectives, product description, marketing strategy, promotional strategy, and financial analysis.
The background information is crucial because it helps to give insight into the industry and current business environment in which a new project is supposed to be implemented. The understand of the major threats, opportunities, weaknesses and strengths can help to understand better the potential of the new business project, to avoid pitfalls and use the existing strength. To put it in simple words, the background information helps to identify the major trends and the actual potential of business which can be used for the further business planning to develop the most appropriate business and marketing strategy.
Objectives comprise another important component of a business plan. (more…)

Custom essays on Key components of a business plan

// June 22nd, 2012 // No Comments » // Free essays

Competent planning is necessary for organization of business, realization of business-idea, and management of work of enterprise. It is not surprisingly that the first function of management begins from correct strategical planning of future company’s activity. Success of every organization depends on this process and it is necessary to have right guidance on this way. Development of business plan is a necessary point of above stated function realization, which will help to provide single direction of efforts for all members to achieve the concrete result. A business plan is a special document that includes a profile of company, and a prominent vision of its future. Business plan must be presented to potential lenders, partners, investors, as well as it will be guidance for effective business management. The main purpose of this paper is to analyze key components of a business plan and explain their importance for its creation.
According to Siegel and Ford (1993) we see that “key components of a business plan should help to create a right business plan and among these key components we can find the following: executive summary, business description, market analysis, marketing and distribution, personnel, exit strategy, and financials.” I think that it will be necessary to discuss all of them and explain their importance in the next several paragraphs of this work.
Executive summary is a first step that covers the most important information within the content of business plan. Hiles and Barnes (2001) demonstrated that “there should be discussed all necessary aspects, such as the people, the idea, the market, the competition, the strategy, and also the offering terms.” In many cases this part will be something about two pages and is written for the last queue. (more…)

Research papers The Business Plan “Dates fruit”

// June 18th, 2012 // No Comments » // Free essays

Funding source
We will ask friends and relatives to borrow some money; also will take not huge loan at the bank. It will be enough to buy all necessary things. It is estimated that this job will begin to make a profit after two days of operations. We do not expect to have huge cash problems during the selling. If there will be some, we will sell dates later. We also can organize more exhibitions in future when there will be possibilities for this.
If this selling will give a good profit, obviously, we will arrange it again very soon. And we will need only to buy date fruits, some books and perhaps some materials for brochures and booklets. As about utensils so we already have all the necessary. During these days we will earn money for charity.
Risk Assessment (more…)

Buy term paper The Business Plan “Dates fruit”

// June 18th, 2012 // No Comments » // Free essays

There are significant trade flows between the countries of the European Union. Some countries re-export dates. They are estimated at over 20 000 tones a year. The main markets of France are Germany, Belgium, Netherlands and the United Kingdom (Liu). The other European countries re-export much smaller quantities. Sine 1992 the United Kingdom exports less than 500 tones to such countries as Ireland, Denmark and Germany.
Germany has become the European Union’s second largest date exporter (700-900 tones a year). Germany exports dates to such countries as Austria and Denmark.
The Netherlands re-exports between 500 and 700 tones annually.
Operations
Our selling group will initially market its product to target clients. To achieve this goal:
1) We will create bright booklets, brochures which describe the benefit of dates, its useful properties. These booklets will be given for free on the streets close to our university. There will be invitations at the exhibition of the dates also.
2) We will post an advertisement about the forthcoming exhibition at the Internet, on popular social networks.
3) We will organize an exhibition of the dates where fruits will be sold at low price. This is necessary for everyone to have a possibility to taste dates. There also books and magazines about date fruits will be sold.
4) We will organize some lectures to tell more about the dates and even to explain how to grow date palm at home. (more…)

College essays The Business Plan “Dates fruit”

// June 18th, 2012 // No Comments » // Free essays

Mission Statement and Objectives
Our group members want to run this small business for getting some experience about small business. It will be really good experience for us to make the business plan and to see how it works in real. We realize that it is not so easy for students who only make their first steps in business but we are ready to try. He is lifeless who is faultless. We are sure, that this experience will be our first attempt to arrange small business and to see how much effort it will require. We are not afraid of mistakes.
Our mission is to provide high quality date fruits for consumption. The idea behind the business is to sell healthy and valuable fruits to the public for everyone to pay attention on usefulness of dates. A variety of classes provides the possibility to chose. All sorts of date fruits are healthy and become popular in many countries not by chance. (more…)

Custom essays The Business Plan “Dates fruit”

// June 18th, 2012 // No Comments » // Free essays

Our group of six students from Saudi Arabia is formed in order to sell date fruits at the university. We are going to sell only high quality dates. It is well-known, that dates are grown in the Arabian Peninsula, where farmers have relied on growing exotic fruits. Saudi Arabia has best types of dates in the world. This type we are going to sell. It is remarkable, that the quality of dates in the British markets is poor and the prices are very expensive. So, our aim is to introduce really good product to a customer.
In Saudi Arabia 173 million hectares are occupied for pasture. There are fruits and vegetables grown. Also they bred animals there. Conditions of rangeland are not so good. Production potential is very low in some places. Almost 86% of the total accessible water in the region is allocated for agriculture. So, the 22% of the total land area is cultivable.
Palm tree is remarkable for its salt-tolerance and heat endurance. The shallow groundwater is extremely important for its successful growth. Age of the date palm can reach a hundred years. Life of the people inhabiting Arabian Peninsula is associated with this palm tree. People demand dates become more and more in the United Kingdom. It seems that if everyone knew about the usefulness of dates, they would have been even more reclaiming. (more…)

Business plan Pancake café part IV

// June 14th, 2012 // No Comments » // Free essays

22. PUBLIC RELATIONS PROGRAM
In the first month of operation of a cafe it is planned to spend $ 25,000 for organizing the following PR events:
- Commercials on local television;
- Presentations of cafe, inviting business leaders and media representatives: $ 15000 – the cost of organizing the event.
23. SALES PROMOTIONS
One of the levers of sales promotion can be the advertising company with an unusual marketing technique: each visitor will be provided the possibility of a 5% discount on our pancakes for 2 days after the last purchase.
The methods of promoting the company expected to use are the following methods:
- introduction of discount scheme for regular customers. The main objective is fixing the number of loyal customers;
- setting of contracts with enterprises to organize complex lunches;
- concluding contracts with companies that provide services for the celebrations, organizing cultural events. In this case, the main purpose is to create a favorable image, to promote the café to the customers.
24. ADVERTISING AND PROMOTIONS EFFECTIVENESS
The effectiveness of advertising and promotion program will help to attract in the opening day at least 350 visitors. In the future the number of visitors will grow, thanks to advertising on radio, in magazines and leaflets. (more…)

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