What is a Business Plan?
(Doc # 1)
A Business Plan is a document containing all information necessary to evaluate a business and it can be implemented. It is used for the project is approved by superiors within the organization to attract an investor, to encourage a potential partner or to get a license or franchise of a local or foreign company, among other objectives. In short, it is essential to seek funding, partners or investors, and serves as a guide for those who are in charge of the company.
In developing the business plan assesses their feasibility (the approval of a project is the result of a selling idea that proves to be feasible, seek alternatives and suggests courses of action to guide its implementation. The time making the development of a Business Plan depends the magnitude of the project, ie can take several days to several months.
A Business Plan is not the mere drafting of a document but should have a logical structure. It is important to note that while the financial and economic aspects are essential, a business plan should not be limited to numbers. Quantitative information should be grounded in policy proposals, business, operations and human resources. A business plan shows all possible scenarios and the variables involved in order to make a comprehensive analysis. Images can be very good, but if there is no way to transform them into reality can be forgotten. Before you start put together a business plan is necessary to have a very clear idea.
The development plan is not a linear process, ie each point should be checked prior to each advance is made. It is advisable to work with documents that can be modified and adding the information. The points should be related. The time invested in developing a business plan will save time and avoid problems later.
To begin working in the Business Plan is necessary to collect all information necessary to detect missing and find ways to get it. In preparing it must be clear what the objective pursued by the Plan Business, this allows to consider the information that is relevant for those who analyze it.
The primary value of your business plan is the creation of a written plan to evaluate all aspects of the economic viability of your business venture including a description and analysis of your business prospects.
is broken down into twelve important aspects to consider when starting a business, your business plan you can follow this same format.
The business plan is an essential step for any prudent entrepreneur to take, regardless of the size of the business.
Business plans can vary considerably. Libraries and bookstores have books devoted to business plan formats. However, what is proposed is a starting point. You can rely on him to design a plan that's right for your particular business.
Be aware that employers are reluctant to write their business plan. Therefore, we strongly recommend that you complete each segment of the plan as a progressive manner. It will make it easier to plan business model for products and services.
Why should develop a business plan?
Your business plan will be useful in several ways. We give some reasons why should not overlook this valuable tool.
• First, define and focus your objective using appropriate information and analysis.
• Can be used as a selling tool in dealing with important relationships including your lenders, investors and banks.
• You can use the plan to solicit opinions and advice from other people, including those that operate in the commercial field that interests you, who will provide invaluable advice. Too often, entrepreneurs forge "My Way!" Without benefit of input from experts, they could save a lot of wear. "My Way" is a great song, but in practice can result in unnecessary complications.
• Your business plan can uncover omissions and / or weaknesses in their planning process.
What to avoid in your business plan. Limit its future projections, the long term. (Long term means more than a year.) It is better to set short-term objectives and modify the plan as your business progresses. Often the long-term planning becomes meaningless because the reality of his business, which may be different from your initial concept. Avoid
optimism. To do this, be extremely conservative in predicting capital requirements, timelines, sales and utilities. Few business plans correctly anticipate how much money and time will be required.
Do not forget to determine what are their strategies in the event of business adversities.
Use simple language to explain the problems. Elabórelo so easy to read and understand.
not rely entirely on the uniqueness of your business or even a patented invention. Success comes to those who start businesses with great economics and not necessarily great inventions.
Business Plan Format: a systematic evaluation of all factors essential to the purposes and objectives of your business
Here are some suggested topics you can tailor your plan:
• Vision Statement: It is a concise outline of the aims and objectives of your business.
• People: undoubtedly, the most important ingredient for success is yourself. Focus on how you apply your previous experience to his new business. Prepare a resume of his and every person involved in starting the business. Be factual and avoid hype. This part of your business plan will be read very carefully by those who will interact with you, including lenders, investors and suppliers.
however, can not pretend to be someone who is not. If you do not have the ability to perform a key role, include this information in its business plan. For example, if you lack the ability to train staff, explain how to compensate for this deficiency. You can add a partner to your plan or plan to hire key people who possess the skills that you have not.
• Your business profile: Define and describe the business you have in mind and how it intends to do exactly. Try to stay focused on the specialized market you intend to serve.
• Economic assessment: Provide a complete assessment of the economic environment in which your business. Explain how your business will be appropriate for regulatory agencies and the population we treat. If applicable, provide demographic studies and traffic flow data normally available commercial in local planning departments. • Test
cash flow, including cash flow a year that will incorporate your capital requirements. Include an assessment of what might go wrong and how to handle problems.
• Include your marketing plan and expansion.
AUTO TRAINING MODULE NM2
EDUCATION TECHNOLOGY BUSINESS PLAN OBJECTIVES
:
ENCOURAGE AND AN ATTITUDE OF AUTOEMPRENDIMIENTO FOMETAR ACROSS THE BASIC TOOLS TO CREATE A BUSINESS PLAN FEASIBLE.
Methodology: group (maximum 4 people)
General
1. Carefully follow the instructions for each activity to build your log report which will then be evaluated.
2. Each activity is planned for classes, it is your responsibility to comply so as not to be late.
3. You make a tidy log report, good spelling and grammar and neat. You can use leaves office or blocky, not to mention their respective folder.
4. Each item of the activities must be clearly identified is not necessary to rewrite the instructions in your blog only the title of the item.
5. Always remember that every member of your group have the drafts of the work done in class.
GUIDELINE REPORT LOG
1. HOME (NAME PROJECT MEMBERS COURSE)
2. DEVELOPMENT ACTIVITY 1
3. DEVELOPMENT ACTIVITY 2
4. CONCLUSION
ACTIVITY 1
DATE ... ... ... ... ... ..
Lee, analyzes the contents guide attached "THAT IS A BUSINESS PLAN" and answer the following questions.
1. What are the objectives of a business plan?
2. Why is it important for an entrepreneur or company to develop a business plan?
3. Name the considerations to take into account in developing a business plan
4. Why are they important each of the considerations listed above in developing the plan? ACTIVITY 2
IMPLEMENTATION OF A BUSINESS PLAN
Think of an activity that can generate profit in summer and develop the business plan accordingly.
To develop this plan is very important to investigate in the week all about your business, product values, costs, permits, powers, etc.
BUSINESS PLAN GUIDELINE I. GENERAL DESCRIPTION OF BUSINESS
Explain in general, undertake business planning, emphasizing their goals and risk
... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ....
II. PRODUCT OR SERVICE
describe in detail the product or service you sell, citing the opportunity they have displayed in the environment.
... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...
III. CUSTOMERS
describe the characteristics of their clients, such as who are they? How much, where are you? Why represent an opportunity? What other market surveys are done?
... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ..
IV. COMPETITION
Describe the alternative products or services with which you compete, comparative advantages and disadvantages mentioned either in price, quality, delivery, payment etc.
... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ....
following items for the 2 study guide accompanying the 2 nd "BASICS OF COST"
V. PRICES AND COSTS
Develop a list of fixed costs if they had and a list of variable costs, expenses in your business.
fixed costs (monthly)
VI. SALES PROJECTION
Make a projection sales in dollars, considering the number of products or services they plan to sell weekly and decided to fix the price for them, taking into account cost and productivity gains.
Use the following table (a table for each product of equal value)
This is just an example that will help
Note: You must consider that not every day you will have the same projections of sales, for example if you sell ice cream on the beach, of course weekends will sell more than a week for the influx of the public. Remember if you are 5 different products should be selling value to 5 frames.
VII. METHOD OF MARKETING describe as for the public will become aware of the product you have for sale, that way will show that your company an opportunity for its customers.
Promotion and marketing channels.
... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ....
VIII. PRODUCTION
describe the method of producing your product if applicable.
Detail as appropriate, materials, sources of supply, production processes, equipment, etc..
... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ..
IX. PROJECTION OF RESULTS Using the values \u200b\u200b
selling point VI and the estimated costs of Section V to determine their projected results MONTHLY.
Eye: The sales forecast should be multiplied by 4 weeks in the month.
unit variable costs are multiplied by equal monthly units of all products or services sold in the month.
a) Total fixed costs $
b) Total variable costs $
c) Total costs (a + b) $
d) Total sales (projected) $
projected results (dc) $
CONCLUSION
Scans results. This figure is key to reassess the business.
be a good business? worth the risk? Etc.
CONCLUDE THAT IF YOUR TEST IS SUCCESSFUL, THEN WAIT,,, PRACTICE EXPERIENCE .... QUIZAZ AS SOME OF YOU ARE REAL AND MEN OR WOMEN IN BUSINESS, ENTREPRENEURIAL (ES).
KNOW ALL IN GOOD PLAN, FOR THAT Leaks. CONTENTS GUIDE
TECHNOLOGY EDUCATION NM2
BASICS OF COST
(doc # 2)
Cost is the sacrifice, or economic effort must be made to achieve a goal. The cost is fundamentally an economic concept that influences the outcome of the company
The objectives are those operating type, for example, pay the salaries of production staff, purchase materials, product manufacture, sell, provide a service to obtain funds for financing, managing the company, etc.
Classification of costs: there are several classification criteria thereof. We will focus on that which classifies them according to their comportamientoo variability.
This classification is important for planning studies and operational control. Is linked to variations in costs or not, depending on activity levels.
a. Fixed costs are those costs
the amount remains constant, independent of the level of business activity. Can be identified and termed as costs of "keeping the company open" so as to make or not production, is sold or not the goods or service, such costs should be borne equally by the company. For example:
1.
Rentals
2. Amortizaciones o depreciaciones
3. Seguros
4. Impuestos fijos
5. Servicios Públicos (Luz, TE., Gas, etc.)
6. Sueldo y cargas sociales de encargados, supervisores, gerentes, etc.
a. Costos Variables
Son aquellos costos que varían en forma proporcional, de acuerdo al nivel de producción o actividad de la empresa. Son los costos por "producir" o "vender". Por ejemplo:
Mano de obra directa (a destajo, por producción o por tanto).
Materias Primas directas.
Materiales e Insumos directos.
Impuestos específicos.
Packaging and labels.
sales commissions.
costing.
TOTAL COST = FIXED COST + VARIABLE COST
COMOPONE HOW THE UNIT COST OF EACH PRODUCT?
As the total cost, the unit cost of each product is made by the unit variable cost and fixed cost per unit.
unit variable cost is determined by dividing the total variable cost by the number of units produced ..
unit fixed cost is determined, as long as the company to produce the same product type, by dividing the total fixed cost by the number of units produced. EXAMPLES
: Unit cost of caramels
If you sell caramels
Cost
variable = value bag of caramels 300unidades ($ 850) and mobilization ($ 700) to spend on just go buy the bag of caramels.
(850 + 700) ÷ 300 = 5.1
Therefore the unit cost of toffee would be: $ 5.1
IN THIS CASE THERE IS ONLY VARIABLE COST
must also consider costs may be incurred to sell transfers the product because the idea that profits are free. Unit cost of bracelets
personally made
variable = value cost of materials.
Example if you buy a skein of thread and reaches up to 20 bracelets total value is divided Thread of the 20 bracelets.
If the bracelet has beads, just as it should calculate the value of each bead depending on how you have acquired, whether packet or per unit.
obvious that when you produce your own products is cheaper to buy in bulk to the product cost is lower. ¬¬¬¬¬
SALE PRICE The selling price is the value of the goods or services sold to customers.
The determination of this value is one of the most important strategic decisions and that price is one of the elements that consumers have in mind when buying what they need.
The customer is willing to pay for goods and services, which it considers a "fair" price, ie one that is equivalent to the level of satisfaction of their needs or desires to purchase such goods or services.
In addition, the company hoped, through price, to cover costs and earn ganancias.En price determination, we must take into account the business objectives and customer expectations. The profit or utility
determined by each company that can be from 25% has more than 100%, always taking into account the competition.
The sale price is equal to the total product cost plus profit.
Price = Unit Cost + Total Income
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