to Fail or Fail to Plan??
By, Andrew 11Dp1
"Business do not plan to fail, they fail to plan" Every businessperson that want to build or establish a business must have this statement in his or her mind first. By keeping this sentence in mind, it helps you achieving your goal (to gain profit as much as possible of course)
What is a business plan? A business plan is a written statement of the goals and objectives for the business and the steps to be taken to achieve them; it is a document that spells out a company's expected course of action for a specified period, usually including a detailed listing and analysis of risks and uncertainties. It simply a guide for your business to become a business that you want.
When people start to think to write a business plan for them, they might be thinking how to write or prepare a business plan. Here are then steps that can help to prepare a business plan,
1. Ownership structure who will own the business and who will be responsible for any debts if it occurs some day?
2. Products and Service what products and services will the business be selling?
3. Market information what is the target market? Who will buy the products or service? How large is it? How many competitors are already operating in the market?
4. Marketing plan how will the business promote, price, and distribute the products?
5. Sales plan who will be involved in the selling of the products? What business development strategies can be implemented in…
LWC1 STUDY PLAN
Before beginning this study plan, it is critical that you have access to both textbooks and the SKillSoft Library. All WGU assessments are created using these textbooks, so they will be your primary resources as you move through this work. When you work through this student plan, type in your answers to the questions below and create a study guide using the key terms from each section. You may also consider using the key terms to create flash cards that can be used as you…
employee and a manager.
• Read Ch. 6 & 7 of Managing Business Ethics.
• Read this week’s Electronic Reserve Readings.
5. Learning Team Instructions
• Begin preparing for the Ethics in the Workplace Case Study Action Plan Presentation due in Week Five by reading one of the following case studies from Managing Business Ethics as assigned by your facilitator. The case studies are found in the text near the end of the given chapter.
o Merck and…
Review of initial reflection and PDP
Over the past few years my outlook towards studies has altered vividly. In all the previous years of my life I have been in education were I was not mindful of anything other than school. However in an attempt to discover the way to what my passion is. I went on to university to study my hobby of beauty, which I discoed that was not a long my long term interest and I dropped out in the second year of the course. And went on to work in…
Ch. 1–3 of Concepts in Strategic Management and Business Policy.
Review this week’s Electronic Reserve Readings.
Participation Participate in class discussion. 11/17/11 20
Quiz In Class Quiz 11/17/11 20
Nongraded Activities and Preparation
Final Examination Study Guide Download the Final Examination Study Guide, available on the student webpage.
Strategic Management Process Paper Write a 350- to 500-word paper in which you complete the following:
• Describe the primary…
shown on the 2007 Census data, 55 million people prefer to speak a language other than English at home (Shin and Kominski, 580). Cultures and traditions are important to people and the dismissal of them should never be an option. For example, my husband prefers to speak Spanish when he is with his family because is what allows their traditions to continue.
When it comes to official business, legislation, and other similar subjects, English must be use. In order for someone to become a…
Coming into the spring 2016 semester I was a junior Justice Studies major at Clemson University with 72 credit hours completed. I had just transferred to Clemson in the fall of 2015 for engineering and switched majors. In the engineering program it was always lectured to use oral and written communication to communicate ideas and concepts clearly with other students. Similar to the stigma of engineering students, I struggled with writing. I had a hard time with making my ideas within a paper…
pursue a degree in Business, Management, and Economics with a concentration in Human Resource Management. I have designed a degree program that meets ESC guidelines. I am confident this degree program will give me the necessary skills, knowledge, and expertise in the various areas of business.
General Education Guidelines
The State University of New York Empire State College requires me to meet the general education guidelines. I have chosen courses in my degree plan that cover seven areas…
Writing has been a form of communication that has lasted many years. Forms of writing differ and exist in many ways and many different parts of life. There is formal writing that is done in work and for businesses, for entertainment such as books, for reports in science or other studies, and so many other genres. “What Corporate America Can’t Build: A Sentence” by Sam Dillon, “Healing Through the Written Word” by Karen Cangialosi, and “Writing to Connect” by Mary Pipher all discuss different…