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A complete guide to writing a reflective essay | Oxbridge Essays
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A complete guide to writing a reflective essay | Oxbridge Essays
My Life Ten Years From Now Future Essays and Research Papers. ? . From Then to personal reflections, Now , the an essay, Story of My Life PSY 202 Jennifer Lloyd June 7, 2013 I. . Where are you from ? A. Small town in north Alabama B. Lived in the country C. Live on a farm II. Reflections. What is your family like? A. Essay Spm. Large family B. Split family C. Distant family III. Personal. What things do you remember about your childhood? A. Being left alone B. Fighting C. An Essay On Suicide. Having to grow up too fast IV. What are your educational experiences? A. Attended a larger school B. Reflections. Changed schools several.
Family , Father , Graduation 1365 Words | 8 Pages. What? How? When? Ten Years ? It always amazed me to account, see that I constantly change my answer to reflections essays, the question of an essay where . Personal Reflections. do I see myself in ten years . Plan. I will be in the mid thirties in ten years from now , and by then I will probably be more grounded. As always, my answer is depended on whom I hang out personal with at the moment as well as leisure activities I am engaging in.
Sometimes I see myself in my favorite movies characters such as babe from the business, movie pig in the city, or a part-time working wife as in personal Stepmom. Dream , Family , Husband 991 Words | 3 Pages. An Essay: Twenty years from now , the world will be a better place to live in strategic plan People are always looking for new . ways to improve their life . Twenty years from now there will be many changes in medicine, technology and in personal reflections environment. Firstly, surgeons will be able to replace every part of room clements book report human body so people will live longer. Secondly, there will be some changes in technology.
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I was born and raised in personal Emporia which is not a big city, everybody. College , Educational stages , High school 977 Words | 3 Pages. My Past, Present, and when essay an experience Future Life Frank W. Szakacs PSY 202 Professor Jason Pieratt March 18, 2012 . Personal Reflections. My Past, Present, and ramzan essay Future Life (Outline) I. What was your family like? a. Reflections. Military Family b. Room One By Andrew Report. Oldest of reflections essays two boys c. Parents divorced, living with my father II. What were you like as a teenager? a. An Essay. Sports that I played b. Attending two different high schools c. Personal Reflections Essays. Cultural shock moving from Georgia to. Adolescence , Future , High school 1695 Words | 5 Pages. My Life Past and Present Allan Clements II PSY202 Megan McLaughlin 15, April 2013 My Life Past . and business Present I. Where I am from personal essays ? a. Where was I born and Lived II. What life for was like as a kid a. About my parents b. Pollution. Moving often c. What were some of the challenges of being the oldest child III. What school was like for reflections, me growing up a. Why I struggling in ramzan essay school b. How I dealt with dyslexia c. How sports (football) helped me IV.
Family a. High school 1556 Words | 4 Pages. ?Hey, how are you? It’s been how many years again since we met. Remember the essays, day that we introduce our selves to account, each other?
It’s been like . 70years ago, and the setting is it’s in essays our university and first I thought you were a really arrogant guy, because you don’t even say hi or hello when I go in writing a reflective essay in your life but I realize the personal, reason why such thing happens, because your eye have a grade for spm, like 250. Lol. But that’s one of the coolest thing happened, I met my bestman in our wedding. Personal Reflections Essays. And I remember when I was. Family , Marriage , Paisley Park Records 2389 Words | 5 Pages. Max. Festival. number of members: 8 Deadline: 29.08.2013 (Kumpulan 1) and 05.09.2013 (Kumpulan 2) Question Sabah is personal essays, well known for its picturesque and . breathtaking sightseeing destinations that offer various activities for tourists to taste, ranging from weekend market, historical sites and places of interest.
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I will also give you a pretty. Erikson's stages of personal psychosocial development , Family , Girl Scouts of the room andrew clements book, USA 2271 Words | 5 Pages. Many individuals think that this career is for people that have money but is personal reflections, not really about the when writing essay an experience life, doctor and his or her duty, it’s really all about the . individual they are working with. I love the fact that doctors treat people like if it was their life , it’s not love for the money its love for the society. Personal Essays. People often ask me why did I choose this particular career path, and the only response I give them is ramzan essay, that its amazing to personal reflections, help people and that I want to serve people in quote essay need no matter the circumstances.
Bureau of Labor Statistics , Doctor , Doctor of Medicine 1854 Words | 7 Pages. ? My Life as a Soundtrack Sometimes I wonder what my life would be like if there was to personal, be a . On Suicide. soundtrack playing in the background of it all. The soundtrack would just continue to play making sure to capture every moment in my life a significant one. When approaching a crush the soundtrack would be sure to pick a song that explained exactly how I was feeling, or on essays, the days when nothing seems to be going my way, music that I like to account business, call “thinking music” would continually play. Although having a.
2007 singles , 2008 singles , 2009 albums 1637 Words | 3 Pages. Running Head: Life Before To Life Now Life Before To Life Now . Michelle Porter PSY 202 November 8, 2010 LIFE Life Before To Life Now As I continue to reevaluate my life and personal reflections all that I had dreamed and hoped for myself when I reach my mid thirties, I did not think I would be still in school trying to when writing a reflective about in your life, get an education. Reflecting back on my past experiences and decisions I made I would have done a lot of reflections things different. Life seems to bring about maturity, perseverance and determination. Developmental psychology , Erik Erikson , Erikson's stages of psychosocial development 1196 Words | 4 Pages.
My Life past Present Future Throughout my life , I had many challenges I was raise by . a single mother which has its challenges. At the age of festival essay 13 I was brought to New York City and I was forced to personal reflections, learn a new culture, language and customs. I was taught to be independent and business work hard. Returning to college as an personal essays adult, with family and argumentative essay children, it’s a challenge but being able to complete my degree has being a long time goal. Being able to reflections essays, give my children and festival essay myself a better life it’s something. Adult , Education , Family 1661 Words | 5 Pages. Running Head: MY LIFE 1 My Life , My Passions MY . Personal Reflections Essays. LIFE 2 Preliminary Outline I. What was your family like? a. Pollution Essay. Strict family b. Personal Reflections. Second born son c. Single parent home II.
What things do you remember about essay your childhood? a. Reading Books b. playing sports c. Family outings III. Reflections Essays. Early Academic Career amp; Military Enlistment a. High School b. Early College Experience c. Army Life IV. What are your personal, professional, and academic goals? a. 2007 albums , Blood , Blood donation 1715 Words | 5 Pages. hopes and room one by andrew clements book report dreams which mould us into who we become in the future . Since a very young age we have all learned to hope and dream about what the . future holds for us. I know I have, and all these past years all I've done is think about what I want to be when i grow up, who my family is and where I will live. Reflections Essays. I've been filling my head with a fantasy of being a rich girl living in argumentative essay New York. So, I subconsciously created a blueprint in my mind of my future , and it gives me an immense pleasure to share it with.
Doctor of Medicine , Lasker Award , Medical education 1388 Words | 4 Pages. To-Do List What am I/ are we going to become ten years from reflections now ? Quite a cliched question indeed, . but sometimes thinking about the clements report, distant future actually drives hopeful people just like me to continue pushing and thriving despite the hard challenges that come our way. Nevertheless, contemplating on personal, the future doesn’t always come easy since no one really knows if it will ever go the way we think it would. Moreover, I, personally, fear the future in essay the sense that it bears the inevitable ends, not. Future , Management , Present 739 Words | 2 Pages. My life 1 My Life Experiences and Changes Cynthia Carpenter PSY 202 . Laura Prout July 2, 2012 My life 2 . Abuse , Child abuse , Family 1583 Words | 4 Pages. My Life: Past, Present, and Future - Essay. My Life , Past, Present, and personal reflections essays Future Dale Kininmonth PSY 102 Scott Reed Nov. 14th 2011 . Strategic Account Plan. My Life Page 1 My Life : Past, Present, and personal reflections Future Stupid!
No good for nothing! I hate you! These are the one by book report, things that I heard on a daily basis growing up. Reflections Essays. There was never a dull moment in my house. Despite all of that, I.
2005 albums , 2008 singles , 2009 singles 2799 Words | 7 Pages. The Factors That Play Into Making My Future. Making My Future Every living thing is born with their own sequence of ramzan DNA that has been passed down in its family for . generations. DNA is what individually defines every living organism. DNA can be found in every, single cell in the human body, making it easy to personal reflections essays, differentiate between people. Just like the way everyone has their own unique strand of writing a reflective an experience life DNA, they also have a script. A script includes everything about the person, including events before birth, after birth and also family values. My personal.
Biology , Family , Ganesh Chaturthi 1366 Words | 3 Pages. the signs now I know just what went wrong I guess I wanted you more and looking back now I am sure I wanted you more. These are . the words from Wanted You More performed by Lady Antebellum, a current country music band. The day I heard this song made me sit for a least an personal reflections essays hour cry and reminisce on what my life had been and how much I had been through in just three years . My boyfriend, who we will refer to as Bo for the sake of this essay, and I had been together for almost two years when I found. English-language films , Love , Mother 1167 Words | 3 Pages. My Life Page 1 My Life : Past Future Leah Wallin PSY 202 Mr. . An Essay On Suicide Bombing. Wells September 29, 2010 My Life Page 2 I. Introduction II. My Life A. Childhood B. Teenager C. Adult III. Theoretical Reflection A. Urie Bornfenbrenner and Ecological Theory IV. Goals A. Personal B. Professional C. Reflections. Academic V. Conclusion My Life Page 3 Our lives consist of variety of quote different aspects of whom.
American films , Developmental psychology , Ecological Systems Theory 1783 Words | 6 Pages. My Life So Far Andrew Smith PSY 202 Amy Yoder September 2, 2013 . Reflections. My Life So Far What was your family like? Cohesive unit Prayed as a family daily/family fun night every week Close-knit Single mother household Oldest of four Who were the festival, important people in personal your life ? Girlfriend Pastor What are your greatest achievements so far? Joining the account business, Air Force Graduating high school What would make you happy in personal the future ? Obtaining. Academic dress , Family , Father 1812 Words | 5 Pages. I Love My Life Dora Poole PSY 202 CGA1149A Althea Artis . Dora Poole- I Love My Life I have been through a lot in andrew report my forty eight years of reflections essays life . Some of the experiences have been extremely positive and others leave much to be desired. The study of Adult development theories will allow me to analyze the past and business help me to describe the journey my life has taken.
The combined experiences have brought me to personal reflections, “Love my Life ” today. Developmental psychology , Family , Foster care 1981 Words | 5 Pages. The Times of My Life: Periodization. human being has a story to tell whether it be a dull one or a fascinating one, and my story is not particularly remarkable, but a story . nonetheless. There are certain periods in life that can be summed up into a couple words; however, the full story would most likely not be included in pollution those couple of words. A Road Trip Across The Country I started off with a road trip across the country. Personal Reflections. Being born in Los Angeles, my parents would often experience a lot of crowds and difficulties with jobs.
This. Ayumi Hamasaki , College , Elementary school 1106 Words | 3 Pages. Psy 202: Journey from My Past to My Future. Journey from My Past to My Future Courtney L. Zellars PSY 202 Mr. Sperling December 19, 2011 . Writing An Experience In Your Life. Journey from personal reflections essays My Past to My Future Growing and developing into pollution essay spm, the person I am now has been quite a journey. I have had so many ups and personal downs throughout my development, from about life childhood to essays, adulthood, that it feels as though I am in a whirlwind. Essay Spm. However, I have managed to stay strong and succeed in everything I have set my mind to so far. As I talk about reflections essays my journey in this paper, I will relate.
Elasticity , Family , Future 1821 Words | 5 Pages. Kalisa: Hi, this is Layla. I have finished my essay about an argument and am sending it to you now . We can talk about it in . class. I will would appreciate it if you can give me some advice about how to improve it. Layla Direction: Read the statement and the instructions that follow it, and then make any notes that will help you plan your response. Now is the perfect time to buy a house in business our city.
Over the past five years , average home prices in personal reflections essays our region have nearly doubled. Strategic Business Plan. But average. Capital accumulation , Finance , Future 870 Words | 3 Pages. ? My Future Education My life is different right now than when I was a high school . student because now I’m preparing to study so I can get a degree and before I was just studying so that I could graduate from high school. My work in college is really important because it decides how my future is going to be.
As a college student, I’m more responsible than I was before because now I take my work more seriously and that depends if I graduate or not. Like many people, I have educational goals in life. College , Education , Help 1595 Words | 6 Pages. From My Beginning to My Future Rona Harris PSY 202 Instructor: Megan McLaughlin November 3, 2012 . Outline 1. Growing Up a. Where I was born i. Greenville , MS ii. Year I was born b. Personal Reflections. My siblings iii. My oldest sister iv.
My younger sister c. My mother v. Single Parent vi. Church 2. Festival Essay. After High School d. Pregnancy e. Marriage 3. College f. Essays. Technical College g. Quote Argumentative. Dropped Out . Academic degree , College , Education 1056 Words | 4 Pages. Autobiography of My Future It was Saturday evening, June 16, 2001. My beautiful wife and I were celebrating our . twenty-second wedding anniversary at dinner in personal St. Essay Spm. Paul. I asked her what she thought the next twenty-two years would be like for us. We started projecting. I would be sixty-six, she sixty-four. Although another twenty-two years sounded like a long time, sixty-six did not seem that old or that far away.
Our teenage daughter would be thirty-nine! Now that put the twenty-two years into perspective. Change , Future , Time 2488 Words | 6 Pages. My Past, Present, and Future Hard life does not equal reason for failure, but reason for determination. Even . though it may seem with so much bad you are bound to fail, with all of my bad I'm bound to succeed. I have been through a lot in life , just as every single mother but I still have what it takes for my future success.
Do you have what it takes for a brighter future ? The first reason I believe hard times give you determination, is because I had a hard childhood growing up. Personal Essays. Beginning with my. 2008 albums , Emergency medical services , Emergency medical technician 1498 Words | 3 Pages. My Past, Present, and Future Name PSY 202 Chad Noble May 9, 2010 In this essay I will be writing about the past, . Essay. present and future of my life . Essays. I will be reflecting on many different aspects of my life good and bad. This paper will show how I have coped with different situations and a reflective about how they have affected my life . Reflections. It will also tell you how these different situations have changed me as a person and quote essay how I wish for my future to be.
My Past, Present, and Future Outline . Academic degree , Childhood , Future 1847 Words | 6 Pages. I want to share with you five things that I implemented into my life that created amazing, compounding change, and completely . Personal Reflections Essays. shifted the direction and energy of my life . Ramzan Festival Essay. I came to them through reading, talking with others, and personal reflections taking an honest look at argumentative my circumstances and personal reflections the chain of events that led me to be where I was. I was discouraged by the drudgery, loneliness, and lack of direction I found embedded in my day to day experience. I used the wisdom and experience of many to create a plan of. Bed , Bed and breakfast , Circadian rhythm 1530 Words | 5 Pages. What Life Would Be Like Ten Years from pollution essay spm Now.
I don’t like thinking too much about the future , after all we can only live in the present moment, and thus we should focus on that. But . Personal Reflections Essays. there’s something that I’m thinking more and more lately, and that’s helping me to ramzan festival essay, get a lot of personal motivation. It all started with a quote, and it developed in a more general way of room andrew report thinking. Ten years from now , you’ll regret the things you didn’t do, not the ones you did. That’s definitely true. I don’t regret the personal reflections, past for essay, the things I did, indeed I would repeat. English-language films , Future , Idea 685 Words | 2 Pages.
How do you see your own future career, what would you like to personal reflections essays, happen and how do you think your life will change in pollution essay the coming . years ? There are various options open nowadays. Reflections Essays. The problem of choosing the future profession has always been very important. The profession a person chooses in when a reflective in your life many ways determines his/her future life . To make a right choice first of all you should understand what you like to do. Usually there are several factors that influence the decision of young people. They concern. Choice , Need , Thought 706 Words | 3 Pages. Khalan Howell Final D.-Essay #1 Over the personal essays, next five years . Five years from now , . my life will be incredibly different because I will have graduated from an essay on suicide college, become a juvenile probation officer, will be married, and living in my dream house! All of these life changes will take a lot of essays time and effort. To graduate from college, I will have to attend classes regularly, study every day, and ask for help when needed.
I am in argumentative essay a school program called TRIO, which is for personal reflections essays, first generation. Academic degree , Apartment , Bachelor's degree 1131 Words | 3 Pages. Reflecting on My Past, Present and Future. Reflecting on My Past, Present, and Future Diana Koch Jones PSY 202 Laura Prout November 12, 2012 Outline Reflecting on . My Past, Present, and Future Thesis Statement: Our past creates the writing a reflective essay an experience, foundation that brings us to personal essays, our present. Throughout life we are faced with choices. Those choices determine what road we travel. Essay Spm. The past cannot be changed, only learned from reflections . What we choose to do with those lessons will determine how we live our present and by our choices within our present we can. Choice , Differences , Future 2206 Words | 6 Pages. My Life Story My life has been on a road of ups and downs just like a roller coaster.
I have . experienced the good, the essay spm, bad, and the ugly. I know I will continue experiencing these things throughout life . I will briefly talk about essays what my family was like. What I wanted to become when I grew up. What were and what still are my hobbies. And what are my personal, profession, and account business plan academic goal. From my childhood to where I am now is what this paper will be about. When I was young I used to live with. Family , Grand Slam , Grandparent 1281 Words | 3 Pages. My Journey from Sunset to Sunrise When the sun sets, thousands of hues of purple, orange, pink, and yellow fill the . heavens.
They blend with the clouds and cast off a dreamy air. It is a time when the colors of the day meet the colors of the night. Deep purples of the personal, coming nightfall mix ever so gently with the orange tingles of the day. This passing from day to ramzan festival essay, night forms a period of pure magic, when one may no longer distinguish between where the day ends and personal the night sky begins. The. As Time Goes By , Casablanca , Color 2102 Words | 5 Pages. English 098 Tiffany Philpot Ten years from now …… When you say ten . years from now , there’s a few things that come to essay, mind. My plans and goals in life are very basic. We all know when growing up that we all wanted that fairy tale ending with the house, car, kids, and the dog. Personal Reflections. Ten years from now I plan to be raising my children, coming out of college with several degrees, and being happy.
Having a large family was something I always wanted. Now , I only have one child and she means the on suicide bombing, everything. 10 Years , English-language films , Goal 514 Words | 2 Pages. My college life A student like me is one of the thousand students in MSU-IIT who strive for the . future in an institution which is renowned for its excellence when it comes to its graduates. Just a normal college student with a normal life living in a dormitory which is reflections, quite far from the strategic account, campus vicinity and reflections a teenager from Pagadian City went to Iligan City to pursue the strategic, dream of becoming an personal reflections engineer with all the essay spm, things that my parent gave me and reflections essays the will to on suicide, fulfill the chosen path what. Cagayan de Oro City , College , English-language films 1083 Words | 3 Pages. This is all about me growing up in my early years , school years and how I have made different career choices in . my life . I also talk about my family, my life now and most importantly my future . ? The Early Years While growing up, I don’t remember too much of my early years . All I can remember is that my mother passed away when I was around four or maybe five years old. I didn’t know my father, but heard of him sometimes.
I have one blood sister that I know of, but don’t really know. 2006 albums , Academic term , College 1231 Words | 4 Pages. From a very young age morals and values are instilled in personal essays us. I believe how we apply these morals and values later in life plays a . role in who we become as adults in the world. Andrew Report. Our childhood helps define who we become, and reflections the paths we choose as we navigate our way through our lives.
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In my second year of college there are a number of things I have learned about myself. I have learned about my . likes and argumentative essay dislikes as well as my strength and weaknesses. Personal Essays. I have had to make goals and start planning my future . Through out planning, my choices have been influenced by an essay bombing people and personal reflections issues. I have had to on suicide bombing, take in reflections essays numerous considerations in pollution spm making my decisions. I have chosen a career field, a major, and reflections laid out one by book report a plan for my future in visual communications. My first two years of college.
College , Communication , Design 902 Words | 3 Pages. class exercise to help me figure out what my long term goals and my short term goals are for personal, my . future . I will have thirty thousand dollars to pay for my expenses and manage my life in the future . I will have thirty thousand dollars a year to pay for housing, food, automobile expenses, recreation, clothing, medical expenses, miscellaneous items, and any saving and investing I want to do in a reflective an experience in your life my future . After I graduate college I plan on personal, moving back home with my parents, because it is much cheaper and. Automobile , Economics , Future 1153 Words | 3 Pages. Name: My NGUYEN Instructor: Mr. Voeller Class: ESOL 0051 Date: April 3rd, 2012. Final draft My choice for my . future career Today the economic crisis continuously affects the life of one by andrew clements everyone in reflections essays the United States, especially young adults who have just graduated from high school and quote argumentative prepared for independent life . So the most important question for every youngster is which career he or she wants to personal, do with his or her life . It is important because if our choices are wrong, we will waste our money. Bureau of Labor Statistics , Chemistry , Future 1392 Words | 4 Pages. Aric Trujillo The Day That Changed My Life For years in ramzan festival essay my life graduating . from High School had been a date circled in my mind. For me graduating High School meant I could then do whatever I wanted to do without anyone telling me right from personal reflections wrong.
As I got older I began to realize that everything I had thought before was now totally wrong. I realized that graduating High School meant I was going to have to be more responsible there I ever had before. It now made me realize that I had to become. Graduation , High school , Mind 989 Words | 3 Pages. Looking forward 50 years to the year 2056, life as a Chinese farmer will not change much. Given the strength of the . Chinese government and economy, they are becoming a very strong global power. Some speculate that China may one day be THE world power, growing past the reach of the US (Johnson). However, looking at the facts we know now and not speculating too much, the life of a Chinese farmer will change minimally.
Likely, as a Chinese farmer I would not live much beyond 50 years . The life expectancy in. Assault , Crime , Domestic violence 1030 Words | 3 Pages. My Life’s Journey This is my journey of my life . How I over strategic account business, came all my struggles, . insecurity's, down falls, overcoming addiction, my families abuse, and my triumphs. Personal Essays. My Journey in life has been long and an essay on suicide hard. I have learned a lot of lessons over personal, the years . I will start off with where I am from and end with my greatest achievements. I am from a small town in Oklahoma. I was raised in the city, and on a ranch. When Writing A Reflective Essay About An Experience In Your Life. If I had to choose which one I liked best it would be the personal essays, ranch. Do not get. Alcoholism , Divorce , Family 1880 Words | 5 Pages.
? My Comprehensive Life Plan By: Essence Barnes UC101 Momentum Spring 1 2015 My mission statement I am at . Strategic Account Business. my best when everything (in all areas at personal reflections essays my life ) is at peace. because it allows me to focus more on the important aspects of life and not stress on the minor things.. I will try to prevent times when multiple aspects of my life are chaotic. I can’t relax until I have a solution for every problem.. Pollution Essay Spm. I will enjoy my work by finding employment where I can be hands on. Christopher Nolan , Happiness , Life 759 Words | 5 Pages. if I was going to make it off the roller coaster I was riding. Conquering my first roller coaster and reflections overcoming my fear of . heights made me realize that I shouldn’t be afraid to take chances in life , but to be brave, because it may just turn out to be the ride of my life . At thirteen years old, I was the ramzan, kid that no one wanted to drag to personal reflections, an amusement park with because I strictly stuck to strategic, the merry go round and swings. Essays. My parents were always eagerly trying to strategic plan, persuade me to at least try a roller.
Amusement park , Cedar Point , Debut albums 1172 Words | 3 Pages. Everything in our life happens really fast; sometimes we do not have time to personal, stop and realize how and strategic why it happened. As time goes by we grow . older and wiser. It has been eighteen years since I was born. There were so many things that happened in my whole life . There were not only good things, but also bad things. But whatever they are, it just helps me to realize my interest and myself. Personal Reflections. Thus, day by day my identity has been created by those effects.
And somehow it makes me really love designing. Art , Casablanca , Geordi La Forge 1079 Words | 3 Pages. The most meaninful experience of my life. change the about an experience in your, meaning of life for a person. One late night I sat down in a quiet room in reflections essays my house to think about my . When Writing Essay An Experience Life. personal experiences, the only sound in the house came from an reflections essays old mantel clock, which I like to argumentative, keep wound and on personal, time. I very much enjoy listening to pollution spm, the rhythmic tic-tock, and I regard it as a remainder of reflections our time here on earth.
The lights were dimmed down as low as they could be dimmed. So with the perfect setting, I began a journey back through time, my time, my life . As I tried to pinpoint. 2008 albums , Ayumi Hamasaki , Child 1073 Words | 4 Pages. ? My life Part I Life Story PSY 202 Adult Developments and Life Patti . Brock June 24, My Life Part II Where are you from ? Shiloh Ga What was your family like? Loving Big United Caring Together What things do you remember about one by clements your childhood?
Sports Church School Mom Friends What are some of your favorite memories? Playing sports Swimming Friends Summer time What did you want to become when you grew up? Role model My Life. Education , English-language films , Family 781 Words | 3 Pages. How My Children Helped Change My Life. 2013 My children helped change my life When my children were born, I knew . my life was going to change. I started to feel complete with my life the day my son arrived.
Even more complete when my little girl was first placed in reflections my arms. My children have been my rock over ramzan essay, the last three and a half years . They have helped me learn, grow, and love by showing me the reflections essays, world through their eyes. Strategic Plan. My children have helped me become a better role model and friend. Personal. They have helped me through my education. Billboard Hot Country Songs number-one singles , Family , Lil Wayne 1213 Words | 3 Pages. ? My Life Road Map: Where I’ve Been, Where I Am, and Where I’m Going Raylene Herrington PSY 202: Adult Development . and Life Assessment Carol Abraham October 28, 2013 I. Essay. What was your family like? a. Military family b. Catholic c. Latin – Dominican d. Youngest of 2, sister 7 years older e. Large extended family II. Personal. What things do you remember about your childhood? a. Always having what I needed and almost everything I wanted b. Mom worked a lot c. Dance classes . Developmental psychology , Erik Erikson , Extended family 1402 Words | 4 Pages.
Machiel de Groot Mrs. Carne AVID 9 March 28 2013 My Mandala DRAFT 2222222 Everybody has things that are important to them and their . lives. In this essay, I will be explaining what is important to me and why they are big aspects of my life .. The things that are most important in an essay my life are as follows: Sports, Music, Family, Education, and most of all: my best friend. In my Avid class, we were asked to make a “Mandala”, a circular piece of personal essays paper split into quote, four slices with one space left in. A Wonderful Life , All You Need Is Love , English-language films 1332 Words | 3 Pages. The person affects my life the personal, most, and also my only idol, my goal of living is when writing essay an experience in your life, my . grandma. In the time when most Asian women did not dare to personal essays, express themselves, to speak out what was on strategic account plan, their mind, my grandmother did.
Her rare personality was popular and essays highly respected among those who knew her. At that time women would not have good education, however everybody would turn to ramzan essay, my grandmother?s wisdom to ask for help. Reflections. She was smart and quote profound but yet vigorously caring and loving towards her family. Family , Grandma Moses , Grandparent 2116 Words | 5 Pages. LIFE IS TOO PRECIOUS TO WASTE… DON’T PUFF IT AWAY.
? LIFE IS TOO PRECIOUS TO WASTE… DON’T PUFF IT AWAY Can you smell that? That’s the smell of fresh air. Now can you smell . what I smell? It’s the smell of Cigarettes, which is the smell of millions and millions of epithelial cells being burned to crisp and personal coated with deposits of quote essay tar, while introducing 4000 toxins to the rest of your body. People don’t understand how catastrophic the effects of smoking can be, Financially, Physically and personal reflections essays Mentally (Parallelism).
Diseases like Asthma, Lung Cancer. Asthma , Cannabis smoking , Cigarette 1325 Words | 4 Pages.
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A complete guide to writing a reflective essay | Oxbridge Essays
mcdonald case study How a massive overhaul of personal reflections essays every part of the UK business won the brand renewed public affection and bombing, led to reflections, record-beating sales. McDonald’s embarked on writing a reflective about, an ambitious revitalisation of the brand following a series of events that had damaged brand perception to improve every aspect of the business. Personal Reflections Essays! Based on substantial investments in research, food was revamped and essay spm, reinvented, restaurants redesigned and staff morale boosted. The result: the UK had its best-ever year of sales growth in 2008 since it first opened its doors in South London in 1974. McDonald’s is the leading global food service retailer, with more than 32,000 local restaurants serving more than 60 million people in 117 countries each day. Essays! More than 75% of McDonald’s restaurants worldwide are owned and operated by independent local men and women. In the UK McDonald’s faced the strategic challenge of revitalising the brand and personal, the business. It needed to re-connect with its customers, bolstering their trust in the brand and engaging with them on ramzan, a new level in communications.
It recognised that key to achieving this would be a renewed commitment to listening to and understanding its customers, and being open and reflections essays, transparent as a business. It was a big challenge. In 2005 McDonald’s business performance and brand perceptions had reached a plateau. A combination of factors in the brand’s recent history had undermined consumer trust. It seemed that the nation’s love affair with McDonald’s might be over. In response, it re-focused around a clear vision and ambitiously overhauled just about ramzan essay every aspect of the business and the way it presented itself.
By being customer-led over reflections essays the next three years McDonald’s UK made record levels of strategic account investment in upgrading the experience for customers in the areas that mattered most to them. Personal Reflections Essays! This included improving the fundamentals of the business: the food, the restaurants and communications. The business flourished, with eleven consecutive quarters of growth, and its best ever year of sales growth in a reflective about an experience, 2008 since it first opened its doors in south London in 1974. In 2005 McDonald’s business performance and brand perceptions had reached a plateau. A combination of factors in the brand’s recent history such as the essays Mclibel trial, Eric Schlosser’s book Fast Food Nation, general disquiet about obesity and fast food and the film ‘Supersize Me’ had undermined consumer trust.
It seemed that the nation’s love affair with McDonald’s might be over. So the brand had to win back its place in on suicide, customers’ affections by overhauling just about personal every aspect of the room one by andrew book business that could affect its relationship with them, and finding the right way to express itself in personal reflections essays, communications. The process of change really started with the appointment of Steve Easterbrook as chief executive in early 2006. He made several new senior appointments, blending fresh thinking with internal promotions to usher in a culture of change. The business went through a period of rigorous self and customer analysis. When Writing A Reflective Essay About An Experience In Your Life! Much of the insight boiled down to a simple truth: although lots of consumers still went to McDonald’s, they didn’t feel as good about it. The brand had to get back to the basics of what had made it so appealing in reflections essays, the first place and re-ignite the passion it had attracted from customers.
Crucial to this would be the definition of a clear vision as the basis for the new brand story. This was defined as the ‘progressive burger company’: Progressive: signifying the commitment to change. Burger: because that was the true heart of the brand. Company: because McDonald’s behaviour as an organisation is important to customers, employees and stakeholders and is the key driver of trust. This was to become the focus for the business and on suicide, the brand: addressing core customer concerns to rebuild trust in the brand.
This meant acting to fix the fundamentals of the business: the food, the restaurants and how the brand presented itself in communications. To achieve this, the business was determined to achieve a new depth and breadth of consumer insights to inform and inspire its decision-making. Qualitative projects such as co-creation weekends, spent with groups of reflections consumers, employees and franchisees to help unlock insights into how to build a better McDonald’s, and ethnographic research were complemented by a 4,000 sample usage and pollution, attitude study and continued use of the brand’s established quantitative tracking tools. Becoming customer-led in personal, every area of the business. Over the room report next three years McDonald’s UK made record levels of investment to upgrade the experience for customers in the areas that mattered most to them: the food for both adults and children and the restaurants. Improving food perceptions was clearly absolutely critical to re-appraisal of the brand. A grown-up menu for adults. In research, customers had already told McDonald’s they wanted more choice. Reflections Essays! In response, the brand had initiated a programme that made more changes to its menu in an essay bombing, three years than it had done in the previous thirty. Innovations across the menu saw the personal introduction of products such as new chicken recipes, using only 100% chicken breast meat from approved poultry farms.
Now even more choice was added. Bagels and porridge were launched at breakfast and one by clements book, fat, salt and sugar content were reduced. Organic milk and reflections essays, Rainforest Alliance coffee were introduced and a 10-year programme for quote argumentative essay free-range eggs culminated in their exclusive use throughout the menu. It was also vital to ensure that customers were provided with options that matched their tastes and wallets. More premium food was launched, both beef (e.g. The M) and chicken (Legend, Selects), which consumer research identified as gaps on the menu. The aim was to offer better products to build better impressions with the essays public. To give an indication of the scale of the success of book report some of these recipes, McDonald’s UK sold 21 million Chicken Legends in 2008. Healthier Happy Meals for children. Parents wanted the Happy Meal to remain a treat for their kids still to include a toy, for example but were concerned about nutrition. Changes had already been made in 2004, adding choice with fruit bags and carrot sticks, but new moves included adding fibre to buns, serving fries unsalted if parents preferred and reflections essays, introducing semi-skimmed organic milk and fresh orange juice.
In addition, the salt, fat and sugar content was managed to pollution, ensure that nearly 80% of Happy Meal combinations were not high in fat, salt and reflections essays, sugar as defined by the Food Standards Agency. Parents also said they wanted help getting their kids to eat more fruit and vegetables, so the advertising approach was evolved to use licensed properties such as Kung Fu Panda to promote the 5-a-day items in festival essay, a Happy Meal. Today McDonald’s is one of the biggest providers of cut fruit to children in personal, the UK. This led to the share of family visits growing vs the market: in 2008, for example, 80% of families visited McDonald’s. 2. Makeover for the restaurants. Research showed that customers saw room for improvement in pollution essay spm, some aspects of the McDonald’s experience, so these were addressed with a series of investments. An inviting new look. The single most visible signal of change to personal essays, consumers was the store re-imaging programme, which began in 2006 and which completely changed the look and feel of the outlets. Out went the 1980s hangover combination of bright red, yellow and plastic. In came softer greens, purples and wood, more modern and contemporary furniture, materials and seating configurations.
McDonald’s became as cool a place to hang out as any coffee shop. By the end of 2008 80% of the high street restaurants had been refurbished, with consumer research showing increased consumer commitment to the brand and rising sales. Encouraging a new attitude. The business made a significant structural change by increasing the number of franchisees. Entrusting more restaurants to local entrepreneurs was a huge success, based on festival essay, the simple premise that if it is your own business you tend to run a better restaurant. At the same time, focus on improving operating standards led to cleaner, more efficient and friendlier restaurants, while investment in reflections essays, new kitchen equipment enabled the serving of fresher, hotter food. This was complemented by improved communication to stores. The result was distinctly improved customer satisfaction scores. In addition, extended opening hours to reflect changing lifestyles saw more stores trade for 24 hours at least once a week. A series of innovative ideas.
Other initiatives offered evidence of the brand’s progressive ethos. McDonald’s was the first restaurant chain to launch ethical coffee onto the High Street with Rainforest Alliance coffee, lattes and cappuccinos at sensible prices. In 2008 McDonald’s sold 10 million more cups of coffee than in 2007. It started using bio-diesel made from its own used cooking oil to power the lorries that deliver to essay, restaurants. Reflections! It became the writing in your first chain to introduce free wi-fi across the UK a move that provided customers with a reason to visit more often. Rebuilding trust in the brand through communications. These physical changes to the business needed to essays, be matched and amplified by communications that engaged people on a different level, which meant that the brand needed to change its conversation with consumers to regain their confidence. Various beliefs, rumours and ‘urban myths’ had spread about the brand and had gone largely unchallenged. These were now attacked head-on, demonstrating a new transparency and determination to set the record straight. The brand challenged the public to an essay bombing, make its own mind up about McDonald’s, launching a website called ‘Make up your own mind’, which invited people to ask any questions they wanted and have them answered honestly.
In addition, Steve Easterbrook went head to head with Eric Schlosser, author of Fast Food Nation, on Newsnight in May 2006. This was a big gamble, but it paid off. People saw a different side to McDonald’s. And it was highly symbolic internally, giving the confidence boost necessary to personal reflections, drive genuine brand revitalisation. The company now regularly meets with government bodies and non-governmental organisations (NGOs) to provide them with the facts about its food and ramzan festival, is a willing participant in debates. McDonald’s also became the first restaurant chain to introduce nutritional labelling onto packaging to help people make the right choices for themselves.
Internally, several initiatives aimed at upgrading the employee experience were introduced, including the McJob campaign, new crew uniforms and the apprenticeship programme. These changes were shared with the media in an open and honest manner, which continued to challenge media expectations and force reappraisal. The ratio of positive to negative brand messages improved dramatically. For example, during the third quarter of 2008 68% of messages were positive, compared to personal, only 9% negative, with 23% neutral a remarkable indication of how far the brand had progressed. Engaging with advertising. McDonald’s had always been committed to using advertising to drive its business, but now was the right time to take the opportunity to use it more pro-actively to writing essay about life, manage its brand image and perceptions. The intention was to signal to consumers and stakeholders that the reflections essays company was talking to them in a new and strategic plan, engaging way to celebrate the truths about, and show pride in, the brand. A prime opportunity for doing this was the Happy Meal, where the changes in personal reflections, the product offered the ideal platform for re-connection with mothers’ heads and hearts, through a combination of emotional storytelling and rational reassurance to pollution spm, shift attitudes and personal, make a statement. This led to the ‘That’s What Makes McDonald’s’ campaign, in which the ‘Planting’ TV commercial told, charmingly and room one by, engagingly, the truth about the core ingredients of a Happy Meal, celebrating the personal reflections essays food and when writing about in your life, connecting it back to its source (Figure 1).
The campaign was carried through to restaurants via tray liners (Figure 2). Essays! And it was used as a key internal communications tool, signifying the brand’s new direction and quote argumentative essay, attitude. Tracking showed that the campaign was the brand’s most successful TV campaign this century, and there were strong signs of positively influencing brand perceptions (and not just among the reflections mothers at whom it was primarily aimed). By the end of quote argumentative 2008 not only had the key messages the personal essays brand wanted to argumentative, communicate been picked up by ‘Happy Meal’ mums and the general audience of young adults, but the campaign had gone a long way to restore its relationship with the British public. ‘Planting’ had made them feel better about personal reflections essays McDonald’s (Figure 3). In the broader advertising context, it is worth noting that as part of improving communications effectiveness McDonald’s conducted a thorough econometric study which helped refine media selection, leading to a 29% improvement in advertising return on investment (ROI) since 2005. From mid/late 2006, the strategic business saw a marked improvement in sales, ‘guest counts’ and market share. Personal Essays! Customer perceptions of the brand also improved significantly, especially on the ‘trust’ measure which represented a key objective for. 1. Pollution Spm! Business performance. By the end of 2008 McDonald’s in reflections essays, the UK had seen 11 consecutive quarters of growth. Business! For the essays full year 2008 European sales grew by 8.5%.
McDonald’s does not publicly disclose sales data by individual market. However, to give an indication of the scale of revitalisation, the UK had its best ever year of sales growth in 2008 since it first opened its doors in argumentative essay, South London in 1974. Market share also grew despite operating in personal, what is recognised as one of the most competitive eating out markets in the world. In the ‘informal eating out’ sector, McDonald’s enjoyed four consecutive quarters of increasing share of market from the last quarter of 2007, outstripping the growth that the sector itself was showing over the same period. 2. Room One By Clements! Consumer perceptions. Changing perceptions of an established brand is reflections notoriously difficult. When Writing An Experience In Your Life! However, by the end of 2008, significant improvements had been made in all but one of the 30+ brand metrics that were continuously tracked.
First and foremost, McDonald’s revitalisation was achieved by listening to personal reflections, its customers and, as a result, making record levels of investment in the things that matter most to both customers and employees. The restaurant experience was significantly upgraded, openness and transparency had become fundamental to the way the company does business and marketing activities were achieving new levels of effectiveness and relevance. To book your table for this year's awards or to find out an essay on suicide how to personal reflections essays, enter the Awards for Excellence 2014 visit: http://www.marketingsocietyawards.com/how-to-enter. This paper tells the story of how John Lewis went from a trusted retailer to one of Britain’s most loved, talked a. The WW ASOS Christmas campaign had to help deliver *£X UK sales whilst deepening brand engagement with fashion-lov.
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How to Write a Reflective Essay with Sample Essays | Owlcation
10 Simple Steps to Writing a Powerful Candidate Profile. However, often it’s not that “ they ” didn’t quite meet the brief at all. In fact sometimes your client may not have even looked at the candidates’ CV. Believe it or not your client will frequently make a ‘first round’ judgment call based solely on the information included in your candidate profile, recruiter’s summary, or consultant overview. So if your candidate profile doesn’t truly ‘sell’ your candidate in terms of his or her strengths, relevant attributes and suitability for the role in question, your client may well move straight on. A well-crafted candidate profile will be engaging, snappy, and highlight exactly why you have chosen to include the reflections essays, candidate as part of your shortlist. Argumentative. Rest assured there’s no need for a Lord of the personal, Rings trilogy. But given that all your candidates are different, no two candidate profiles should ever be the same.
Here’s what you should always include: 1. Your overall impression from the business, candidate interview. What made this particular candidate stand out? How did they present themselves? How did they communicate? Why exactly are you putting them forward for the role?
Antony came across as an extremely competent and professional candidate with a wealth of experience in B2B sales. Personal Reflections Essays. He was well presented and was able to articulate his career highlights succinctly during his interview. He is clearly passionate about sales and also has a great sense of room clements book report humour, which when combined with his high level of commercial acumen has no doubt contributed to his successes to date. 2. Suitability to key selection criteria. Looking at the 3 or 4 most important key selection criteria (perhaps relating back to the performance profile), what makes this particular candidate perfect for the role? Antony is essays, clearly comfortable cold calling as well as sitting opposite essay spm key decision makers.
In his current role he has also been instrumental in writing and winning tenders. Based on his responses during our discussion, he runs a very effective consultative sales process. 3. Career highlights and achievements. Based on personal essays, the career achievements your candidate would have talked about during the interview, if there are any specific highlights which would resonate with your client, include them here. We discussed his key career achievements and he listed these as being his top three: Winning the ABC account after persisting and chipping away at them for nearly 10 months. Antony wrote the tender document and ultimately led the quote essay, winning sales presentation; Being recognised as Sales Person of the Quarter for the last three consecutive quarters; and Being asked to write and run the sales training curriculum for all new sales executives. 4. Relevant skills and/or qualifications. Not every role requires formal qualifications or the need to include academic transcripts. Reflections Essays. However you should always include a high level summary of relevant skills. Antony has spent the last 8 years in sales, both at pollution essay spm the coalface and personal more recently also leading a sales team of 3. When Writing Essay An Experience In Your. If you are able to speak to at least one previous employer before presenting a candidate as part of the shortlist, it can help make your profile even more powerful.
That way, your thoughts and comments are reinforced by those made by someone who has actually managed the candidate in personal the past. He is still employed in festival essay his current role, but I have been able to essays, speak to an essay bombing, one of his referees who had been sorry to lose Antony from his team 3 years ago. His former manager described Antony as “ a true salesman with an ability to win over reflections essays even the toughest prospects. He’s hungry, tenacious, and spm super driven … and will easily surpass his targets without even a hint of arrogance ”. It’s best to put this information on the table from the outset. That way you won’t be wasting anybody’s time. Not yours; not your client’s; and not your candidate#8217;s. Antony is currently on a base salary of $X with a strong uncapped incentive structure in place. In the reflections, last financial year he earned $XX and would expect to at least match this in his next role. He is also currently given a car allowance. For whatever reason, with some employers availability can be a make or break. So as with salary, it’s best to be clear and address it up front.
Antony is due to be paid a decent quarterly bonus in writing essay about an experience in your life mid-July. His preference is naturally to essays, wait for an essay bombing this commission before resigning. Personal. He is then only required to give 2 weeks’ notice so would be available to start from August 1st. Hopefully this is pretty self-explanatory. Something along the lines of … Out of strategic plan all the candidates I screened and interviewed as part of my selection process, Antony is by far the strongest and most suitable for the role.
He is also looking at one other opportunity through his own channels so I highly recommend we confirm an interview for him as soon as possible. Personal Reflections. 9. Pro Tip #1: Get the candidate to complete as much of the profile for you as possible. Naturally the quote essay, overall impression and personal reflections essays general recommendation needs to be written and pollution spm tailored by essays, you, as well as any referee feedback you’re able to obtain. Ramzan Festival. However if you’ve interviewed a great candidate and they are genuinely keen on the role, there’s no reason why you can’t give them ‘homework’ to complete some of the other sections themselves. Just ask them to write it in the third person to personal reflections essays, make your job even easier! 10. About An Experience In Your Life. Pro Tip #2: Sometimes you might just want to pick up the phone.
Whilst I wrote this post to help you write more engaging candidate profiles, often the best way to ensure you get your candidate in front of your client is to call your client and personal sell the rockstar candidate in over the phone. In addition to the words you might choose to one by report, include in a written profile, remember that the enthusiasm and conviction in your voice can be incredibly powerful too. Who knows … you might not even need to essays, write a profile at all! Cofounder at RecruitLoop. I've been a hands on account business plan, recruiter, manager, trainer, coach, mentor, and regular speaker for the recruitment industry for nearly 25 years.
Follow me @paul_slezak. Great article, I completely agree with the information provided in your post.These days recruiting agencies are great help to achieve your dream job all because they are aware of the trend present in the market and what all needs to be updated in the profile of a candidate.Know few more benefits of Recruiting agency : http://www.recruitingblogs.com/profiles/blogs/6-reasons-why-it-recruitment-agencies-are-beneficial. WIth this tips it will be pretty easy to write a profile. Thanks for this nice article! Today almost all companies have great blogs like this to promote themselves in personal reflections web and help people find what they need. There#8217;s another blog about HR that contain interesting helpful articles. I really like the room clements book, tips.
This is really helpful in understanding what qualities companies are looking for personal reflections in the candidates. Good stuff! At Qualigence International, we wrote up a similar blog on how to guide hiring decisions with candidate personas: http://bit.ly/2eq5CSj. Recap: In-house Recruitment LIVE! London 2017. In this post I wanted to share a few of my learnings from writing a reflective about in your life some of the sessions I attended at In-House Recruitment LIVE! 2017 in personal London. How to Really Add Value as an In-House Recruiter.
I wanted to share the ramzan festival essay, highlights of my presentation at essays the in-house recruiter LIVE! 2017 event in London – How to Really Add Value as an In-House Recruiter. How to Decode a Resume [Infographic] Given that the bulk of resume tips out one by book there lie in favour of job seekers, this interesting infographic from our friends at personal EBI contains some great tips for all those employers and business owners out there on how to decode a resume.
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Our first plan contains the 8 chapters of writing a reflective an experience in your life a basic business plan including: Chapter 1: Executive Summary: The executive summary provides investors with a general layout of your company. Essays? This chapter is essentially your hook to argumentative essay convince potential financiers that your model is worthy of their investment. Reflections? Chapter 2: Company and Financing: In this chapter, the goal is to outline the pollution essay legal and operational structure of your company, financing requirements, the history behind the company, mission statement and personal reflections the management team. If you are forming a corporation, be sure to include your Articles of Incorporation here. Essay? Chapter 3: Products and personal reflections essays Services: This section describes what products and/or services your business will sell (now and in the future), and how you will build, assemble and deliver them.
It also offers a comparison of your company and your direct and quote essay indirect competitors. Chapter 4: Customers and Market Analysis: The customers and market analysis page indicates your target customer segments, what needs you are filling for them , and the latest trends among these consumers in terms of growth and behavior. Chapter 5: Marketing and Sales: The marketing and sales chapter allows you to personal describe how you will sell your product/service. Particularly what are your company’s strategies for positioning, pricing, promotion and one by andrew book distribution. Chapter 6: Strategy and Implementation: This chapter will give you an opportunity to set the key milestones that help establish a timeline of progress towards your goals. Additionally, it includes subsections like SWOT analysis, competitive edge, and strategic alliances. Chapters 7 + 8: Financial Plan, Sales Forecast, Financial Statements: In the final two chapters, entrepreneurs must define and calculate the financial variables that will go into reflections the creation/expansion of your idea, including its expenses, your anticipated sales forecast, personnel plan, cash flow assumptions, and more. If you are purchasing an existing company, you should also include the business purchase agreement in an experience, your plan.
What’s included in the template with sample text: In the second download, we give you a completed ice cream shop plan to personal reflections essays reference. Strategic Account? Each section gives an example of what you should write. Our guide also includes example graphs and charts, so that you are aware of the personal essays types of financial calculations, plans, and forecasts that a plan should offer to writing about an experience in your life attract investment. For guidance on what you should include in your plan, and why, please reference our How to Write a Business Plan set of articles below. Downloading this small business plan comes at no cost, so feel free to start your download and get started. However, you should be aware that there are some pros and cons to using free business templates, rather than using professional software or an reflections experienced writer.
Writing a business plan is a prerequisite to your company’s success. A solid plan is strategic, necessary to help found your company and ensure that your goals remain on track over time. Personal? Your plan can and will change as you encounter the quote argumentative unpredictable variables that come with starting your own company. If you have an existing company, crafting a solid plan is equally important if you’re hoping to attract investment and expand your company beyond the limits you’ve already reached. Your business strategy should account for the next 3-5 years in advance, and reflections essays cover every aspect of writing a reflective essay about an experience in your your industry, including the critical relation between marketing and sales to your company’s finances.
Your plan should include the following sections before you submit it to investors. Click each accordion to read a how-to guide for each chapter: “How to personal essays Write a Business Plan” Table of Contents: How to Write the Executive Summary. The executive summary contains all of the essential information about what makes your business strong and worthy of investment . It covers the major highlights of the when writing a reflective an experience in your rest of your plan’s chapters. The goal is to briefly tell your reader what your company will do, where you want to take it, and why your business idea will be successful. If you are seeking financing, the executive summary is your first opportunity to grab a potential investor’s interest. The executive summary will be the first chapter of your business plan, though it’s actually the last section that you should write . Reflections Essays? First, you’ll need to do heavy research to ramzan festival ensure that your plan is sound before you can write the executive summary.
This section will be different depending on if you are an established business or a new startup. A startup company’s executive summary will need to be interesting and reflections convincing to an essay bombing capture the attention of personal reflections essays investors. Your company will lack the historical data and trends that existing companies are able to provide, but there are strategies to mitigate these factors. First, you’ll need to ramzan festival briefly explain who you are, the reflections essays background of your management team, and your reasoning behind starting a business in your chosen niche. Secondly, you’ll need to demonstrate that you’ve done quality research that supports how you’ve conceptualized your business. Investors know that talk is cheap – do you have the room andrew book report data and analysis to back up your claims? Even in a standard plan, the executive summary for an existing business has no set template, although there are several suggested guidelines that you can find around the web.
We suggest the reflections essays following basic template – feel free to add or subtract sections according to your own needs: Summary Management Team Products and strategic account plan Services Customers Marketing and Sales Financial Forecast Financing Requirements (optional) Describe the purpose of the plan (e.g.; to personal raise a specific amount of writing life debt financing to expand a store location) as well an overview of the personal essays company (name, location, company type, products sold, founder(s) and founding date). Describe the key milestones or objectives that you want to room one by book achieve with this business (these are the tangible results in which you use to prove success of the venture). This statement should be concise and to the point. Summarize the members of the management team, including highlights of their expertise and experience . Describe how each member contributes to the success of the reflections organization. Keep this section brief, as you will go into more detail in the Products and Services section. Products and Services. Describe the products and services you are providing and who the competitors are within the industry . Keep this section brief, as you will go into argumentative essay more detail in the Products and Services section. Describe whom your customer groups are and whom your key customers are , as well as how you will market to them. Keep this section brief, as you will go into more detail in the Market section.
Describe briefly how you will market your product or service. Summarize the major points in the Marketing and essays Sales chapter, which may include market positioning, pricing, promotion, and distribution. Summarize the most important points from the Financial Plan section here. This should include your sales forecasts and projected expenses as well as the logic behind the festival essay projections. If you are a new company, describe when you expect to turn a profit . If you are an existing company, highlight past financial performance. 7. Financing Requirements (Optional) Summarize the amount of equity and/or debt financing that you are seeking, when you need it, the use of the funds, and when you expect to reach your next milestone event and/or start paying back the loan. Personal Essays? Keep this at an overview level , as you will go into more detail later on an essay bombing in other chapters. Note: This is a complex question that you cannot answer until you complete your plan, so it is highly recommended you work your way through the entire writing process first . In particular, complete the financial planning process before attacking this section. Only then will you be able to identify the amount of money you will need to personal raise. With these sections fleshed out, you’ve finished your executive summary.
How to Write the Company and Financing Chapter. The company and finance section of your plan is important, because introducing the strategic account plan management team is critical for both start-ups and personal reflections established companies alike. Writing A Reflective Essay An Experience Life? Investors will use this information to gauge the future likelihood of success. Company and Financing Sections. Company Overview Management Team Required Funds (optional) Exit Strategy (optional) Mission Statement (optional) Company History (optional) Location and personal reflections Facilities (optional) There are many variations and approaches on how to ramzan essay lay out the various components of a business plan. Our approach for the company overview section is to provide the reader with the company’s legal information, address and essays a brief description of the company’s history. Room One By Clements? Since there are follow up sections in this chapter that over go the company’s location and history in more detail, you will want to keep this short (2-3 sentences). A BRIEF PRIMER ON COMPANY TYPES. The optimal company type is personal, best determined by a credible Attorney.
The primer below is andrew clements, meant only to explain the personal essays broad differences between the most common company types. A sole proprietorship, according to the IRS: “A sole proprietor is someone who owns an quote argumentative unincorporated business by personal essays, him or herself.” While the most simple to set up and room clements the most common, there is a significant drawback: you will be personally liable for any obligations. So for personal reflections example, if you sell someone a cupcake and they sue you because they found a hair in it, and you lose in court, the creditors can legally go after your personal possessions – such as the roof over your head. A partnership, according to the IRS: “A partnership is the relationship existing between two or more persons who join to quote argumentative essay carry on a trade or business. Each person contributes money, property, labor or skill, and expects to share in reflections, the profits and losses of the company.” A partnership has certain advantages compared to a LLC, such as not needing to file formation documents when setting up a partnership, and not needing to file dissolution documents if dissolving the partnership. However, similar to quote argumentative essay sole proprietorships, partners in a partnership have unlimited liability for the company’s debts and liabilities. Limited Liability Partnerships (LLPs) LLPs are different from personal traditional partnerships in that there are two classes of partners: (1) General partners that have full management and essay control but also full personal liability and (2) Limited partners that have no personal liability beyond their investment in the partnership interest. Reflections Essays? Limited partners are often times “silent partners” that wish to invest in the venture but limit their exposure to strategic business plan liability.
A corporation is a separate legal entity owned by shareholders. Reflections Essays? A corporation is commonplace for businesses that anticipate seeking venture capital financing. The downside to a corporation is the problem of “double taxation” since the corporation’s profits is taxed at the corporate level, and then any dividends distributed to shareholders are then taxed again at the personal level. You can elect a special tax status with the IRS to have your corporation not be taxed at the corporate level (instead, it would be taxed as a pass-through entity). Some of the drawbacks include not being able to have more than 100 shareholders , and not being able to one by andrew clements have non-US citizens/residents. A popular choice among many small businesses , a LLC limits the member’s personal liability and only taxes profits at the individual level (acts as a pass-through entity). Describe the type of company you plan to open, along with the reflections registered name you plan to use. Explain your rationale – for example, if you are starting a company where you plan on seeking venture capital financing, then you will want to start a C-Corporation as majority of writing a reflective essay about life VCs will insist on this legal structure. If you have a home office/no dedicated business address.
Include your current office setup and your future office plans once your company expands, if applicable. For start-ups, and personal especially those seeking financing, the Management Team section is especially critical. With the quote argumentative essay lack of history, there is little investors can go by to gauge the future success of a venture. The question lenders and investors will ask: Why should we trust your team with our money? You must demonstrate your team’s ability to execute on the stated goals. Personal Essays? To accomplish this, you should highlight: Background of each member of the management team (education, relevant work experience, etc.) Roles and responsibilities within the an essay bombing company. Tip: Don’t include details about essays members of the Management Team that are not relevant to ramzan festival essay the reader. Everything presented should reinforce why your team is the right team to essays execute on the company’s vision.
If you have an established business the information you want to present is the same. Keep in mind, however, that you also want to demonstrate that your team has the account plan capability to personal reflections essays manage growth of the company. As a company grows from start-up to established business, the management team must also change. They must be able to manage employees, institute standardized systems, and ensure the one by clements business’s ability to scale operations while keeping profitability stable. If you already have a Board of Directors and/or Advisory Board, list these individuals and a brief description. In a publically trading company the personal reflections essays Board of Directors is elected by one by book report, the shareholders and personal reflections is the highest authority in the management of the company. One By Clements? For our purposes (context of a private company that is personal reflections essays, most likely a startup or small but growing business), a Board of Directors is room andrew clements book, comprised of investor(s), founder(s), CEO and independent board member(s) who have substantial business and industry experience. A Board of Director’s typical responsibility is to set broad policies for the company, determine compensation for company management, and approve annual budgets.
An advisory board is reflections, a group of business leaders that can help guide your company and provides it with assistance when needed. Report? Choose individuals with knowledge in reflections, your industry and are willing to play a role in your company . While some advisors are compensated, it comes down to quote a case-by-case basis, frequently depending on how much time the member is committed to your company. Tips on building your Advisory Board: Choose a well-respected and personal reflections well-known individual as the first member of your Advisory Board. This will help you to recruit other members of the Board. Choose individuals that have strengths and relationships your business will need. As your business evolves, so will the members of your Advisory Board. Feel free to shake up the line up over time. In this section you will tell the reader how much money you need to writing a reflective essay about an experience raise, what you are going to use it for, and how you got to the requested amount.
Important note: This is a complex question that you cannot answer until you complete your plan, so it is highly recommended you work your way through the entire writing process and in personal, particular, complete the financial planning process. An Essay On Suicide? Only then will you be able to identify the amount of money you will need to raise. There are two primary financing options: equity and debt. The primary difference between equity and debt financing is that debt financing is essentially a loan that is backed by personal, your assets or via a personal guarantee. Pollution Spm? If your company is already in existence and has trading history, then you may also secure a loan off of your receivables. In contrast, equity financing is essentially you exchanging a stake in your company for essays a specific sum of money from an investor . Therefore, the amount you are able to quote argumentative essay raise from investors comes down to how much they value your company.
There are three fundamental questions every savvy investor will ask you: Cool idea, how do you make money with it? How much money do you need, and why and when? What do you think your company is worth? If you are seeking financing (regardless of personal reflections essays its equity or debt), that most likely means that your financial model shows your company taking a loss in the initial stages, followed by an essay on suicide, break-even and reflections essays subsequent profitability. Pollution Essay? The money you are seeking to raise will simply allow you to have enough cash to cover the initial period where you will be taking a loss so that you can eventually make a profit. This is reflections, a simplification; you may be raising money to further grow your company, which may already be profitable. An Essay Bombing? Or you might use the financing to get your product to personal reflections the next stage in essay, its product development lifecycle (i.e.; milestone event). But the general concept is the same; the personal essays investment you are seeking bolsters your company’s cash position , allowing it to grow revenue and/or profitability.
Cool idea, how do you make money with it? / How much money do you need, and one by clements why and when? The financial statements provide the answer to the first two questions (which is why we recommend you complete your plan first). To answer how much money you need, analyze the cash flow statement to determine the cumulative cash flow. The lowest point on this curve will tell you what your maximum financing needs are , and at what point in time. What do you think your company is worth? The third question is much harder to answer, especially for essays a new company. At the end of the day it really comes down to what an investor thinks your company is worth (which is more art than science). An Essay? However, there are three popular methods of valuing a company that can help you come up with a valuation to facilitate the negotiation. Cost approach (asset based approach) The cost approach seeks to determine a company’s value by analyzing the market value of its assets.
In other words, in this approach the company is worth the sum of all its assets if they were to personal reflections be liquidated . This approach may be appropriate for some industries such as real estate where the asset value may actually be worth more than the going concern value (present value of future cash flows generated by when writing a reflective about an experience in your life, the asset). However, for personal reflections essays many companies the value of its branding and reputation, along with its ability to generate profits, will exceed the value of its assets. The market approach seeks to determine a company’s value by analyzing recent sales of similar assets, with the theory that valuations of similar companies can serve as a good proxy. When Writing A Reflective Essay About In Your? This is a common approach in the real estate industry. The income approach seeks to determine a company’s value by using its expected profit over time and then placing a value on that future stream of income in personal, today’s terms . Since there is essay, inherent uncertainty with a future stream of income, there are numerous ways to discount that expected income to account for risk. Now you have all the personal reflections essays pieces to complete the equation. You have the amount of one by andrew clements money you need by looking at cumulative cash flow. You also have an reflections idea of strategic business plan how much money your company will be worth. Equation to determine how much equity you should offer:
Equity to offer = Company Valuation / Money needed. If raising debt, you are not exchanging equity for cash. Instead, you should focus on the loan’s interest rate and payment schedule. Make sure you will be turning a profit that is reflections, both large enough and soon enough to when about an experience in your life ensure there is reflections essays, no delinquency on servicing the loan. For equity financing, answer the when writing a reflective essay about an experience in your life following: Investment amount needed When you need it How much time it will buy you / When you expect to turn a profit or get to the next milestone event % of equity offered and at what company valuation (you may wish to keep exact figures vague in order to further negotiate) Exit strategy. For debt financing, answer the following: Loan amount needed When you need it When you will be able to pay back the loan The amount and frequency of personal loan payments. In addition to the information above, you should also summarize how you plan to use the funds. The level of detail should be at a high level ; if the room one by andrew clements report investor or lender wants to see expenses in more detail that will be available in the Appendix within the Profit/Loss statement. Construction of new kitchen:
Kitchen remodeling, March 1, 2014, $25,000 Kitchen hardware, April 1, 2014, $50,000 Total Loan Amount: $75,000. If based on your financial model you anticipate relatively small yet variable expenses month to month, a line of credit may be a good choice. Reflections Essays? With a line of credit you draw upon it when you require the funds and quote argumentative pay interest immediately on the money as it is borrowed. It works very similarly to a credit card in essays, that you typically have a pre-set limit to how much you can borrow, the major exception that since you may be able to secure the line of account plan credit with assets, you may be able to get better terms. In the essays Quick Start Guide we briefly went over the different strategies available and ramzan how thinking about your company’s eventual exit will help shape your business model. It’s recommended you review the Quick Start guide and practice that exercise. Depending on your company, there are various exit strategies available, including: Selling your business Passing it down through the family Taking the company public (IPO) Liquidation. If you are seeking equity financing, then your investors will pay close attention to this section. Angel investors and reflections essays VCs demand a large return on their investment since they are taking a large risk by investing into pollution essay your company.
Therefore, you need to include detailed information on how you intend to sell the company or take it public. Demonstrating a large market opportunity. If investors are going to take a big risk, they demand a big return. You need to demonstrate your business has the potential to either take substantial market share from an incumbent competitor, or create a new market. Investors like to be in personal reflections, hot, growing industries such as biotechnology, mobile e-commerce and healthcare. These are all industries that have huge upside growth potential and pollution ones that investors are more inclined to invest in. Solving a larger company’s problem.
If your exit strategy is to sell your company to a larger company, then identify how your company’s product solves that larger company’s stated problems and/or goals. For example, Apple’s mapping software is playing catch-up to Google Maps. If your company can help Apple improve its software, your company would become an attractive acquisition target. The mission statement reflects the core purpose and vision of the company. It’s a statement your employees and customers can get behind. Some tips on personal reflections essays writing a well-crafted mission statement: Keep it short. 1-2 sentences max. Don’t use “fluff” words. Quote? Make the statement mean something.
A mission statement, if done well, should encapsulate both what the company does (what it sells) as well as the culture/vision/purpose. Examples of Fortune 500 firms that really get it right: A. BRISTOL-MYERS SQUIBB COMPANY (PHARMACEUTICALS) Mission Statement: “To discover, develop and deliver innovative medicines that help patients prevail over personal essays serious diseases.” Why it’s great: The keywords “discover, develop and argumentative essay deliver” demonstrate the company’s capability to in delivering an personal essays end-to-end solution. By using the an essay words “innovate” and “prevail over serious diseases” it serves as a rallying call for their thousands of employees that what they are doing is (1) cutting edge and reflections essays (2) has a higher purpose then themselves. Mission statement: “ We will be the argumentative essay easiest pharmacy retailer for customers to use.” Why it’s great: In one short sentence, the company has managed to personal essays (1) describe what it sells (2) how it will win in the marketplace.
It is a pharmacy retailer and it will solely focus on making itself easier for the customer to writing a reflective about an experience life use (that could mean so many things, such as innovating online to fulfill prescriptions to improved customer service within their stores). Example of poorly written mission statements. A. FORTUNE 500 FOOD AND BEVERAGE COMPANY. Mission statement: “ The Company’s primary objective is to maximize long-term stockholder value, while adhering to the laws of the jurisdictions in which it operates and at personal reflections, all times observing the when a reflective essay an experience in your life highest ethical standards.” Why it’s horrible: It does not serve as a rallying call for employees, suppliers, or partners. Its objectives are obvious (what company does not want to maximize value) and borderline absurd (are there companies that do not want to adhere to local and federal laws)? Lastly, it does not mention what the company actually does. B. FORTUNE 500 VEHICLE PARTS SUPPLIER. Mission Statement: “ We are committed to attracting, developing, and personal reflections essays keeping a diverse work force that reflects the andrew report nature of reflections essays our global business.” Why its horrible: While a diverse workforce is certainly not a bad thing, only stating that as the company’s mission statement is ineffective, lacks direction or focus, and completely misses the point of having a mission statement.
This is essay, predominately for businesses that have previous trading history, but can also be used by new companies that want to highlight relevant history on personal reflections how the strategic company came to personal essays existence, work completed to date, milestones achieved, etc. Some information you may want to include: Start date First location First product/service Significant milestones/events. Reminder: keep in mind that there is no set rule as to one by clements book report the level of detail you want to include. This is dictated by the relevancy of the reflections essays information to one by andrew the reader and how this information helps strengthen your plan’s ability to build credibility for your company. Every company is made of milestones. Milestones for a business are achievements that demonstrate the business is on the right track. They are best when quantifiable and measureable. For example, achieving a working prototype of your product, or getting to break-even, are both huge milestones that showcase your ability to personal execute and an essay reduces subsequent risk of reflections essays your company.
Key concept: The more uncertainty that you can take off from the table, the quote argumentative essay better valuation you can get for your business. For businesses that have a retail or manufacturing component, this is an important section of your plan. Information you may want to include: Size (e.g.; in sq. ft.) Location/Address Other notable facts, such as equipment at the facility. Location is important for a large number of retail businesses, whether you are a restaurant or purveyor of essays consumer products. If possible, provide statistics about the pollution essay spm retail location you have chosen or are planning to choose. Describe the lease terms you are able to secure, and reflections if there are any laws that protect the writing about an experience lessee from unreasonable price increases. You can read a detailed article about personal reflections essays what to look for in a lease agreement here. Provide detailed information on the manufacturing facilities.
For example, your operation may require a reliable source of electricity and water. Describe how the facility provides the business with these resources. If the facility is a reflective in your life, pre-existing equipment or structures that can be leveraged, make mention of that. Location can be an important aspect of your business even if you are not in retail or manufacturing. For example, you might want to open your software company in Silicon Valley as that provides a competitive advantage from an employee recruitment and fundraising perspective. If you operate out of a home office. Describe your future expansion plans, including expected date of expansion. Upon completing these sections, you will then be finished with the company and financing section of personal essays your business plan. Writing the Products and Services Chapter. The products and services chapter of room one by andrew report your business plan should be written clearly and descriptively, to help give investors a comprehensive understanding of the bread and butter of your business.
Your products and services section should include the following sections. Products and Services Chapter Sections. Products and personal reflections Services Competitors Sourcing and essay Fulfillment (optional) Technology (optional) Intellectual Property (optional) Future Products and Services (optional) Your products and services are the lifeblood of your business – it’s what your customers need, and if you get this right, everything else will follow . Commonly referred to as “product lift”, which essentially means getting the secret sauce working. It means that customers want to buy your product/service, and you are filling a need that was previously not satisfied. Thinking in personal essays, terms of an essay on suicide benefits vs. features. What is the consumer really buying? For example, a person buying a Rolex watch is not only reflections buying a device to tell time, but the prestige and one by status that comes with a luxury product. Personal Reflections? Think about ramzan essay what end benefit your product/service delivers. Of course, the functional aspects of your product/service are also important. Depending on what you are going to sell, think through the features it will provide, packaging, design, branding, quality, and personal reflections essays other aspects that help position and/or differentiate it from competing products/services.
You may have heard the business adage that acquiring a new customer is when writing an experience in your life, indefinitely more expensive then keeping an existing customer. One of the reasons this is personal reflections essays, true is the potential to sell additional add-ons, upgrades and substitute products/services to existing customers . Account Business? Think about how you can drive incremental revenue. Whether it’s via subscriptions, repeat business, or annual contracts, you may be providing products/services that generate a recurring revenue stream. This is a good thing, because (1) your revenue can be more predictable and stable (2) you are maximizing earning potential . Think how you can generate recurring revenue, which is expressed with a metric called Lifetime Value per customer. You will complete the price you want to set your products/services in the Financial Plan chapter, and we also have a section for you to personal reflections describe your pricing strategy; however it is advisable to start thinking about how you want to price your products/services. Competitive analysis is an extremely useful tool and strategic plan one that should be revisited often as the competitive landscape changes over time. It starts with competitive analysis. Background (location, history, ownership) Financials (revenue, profitability) Products (product line, services, patents, licenses) Marketing (channels used and budget, pricing, alliances/affiliates) Personnel (headcount, notable executives, compensation, job openings) Market share Strengths, Weaknesses. Tips on how to personal essays perform competitive analysis.
The Internet makes this much easier then in days past. Some ideas: Google search using keywords that your customers would use to find you Look up industry association websites Look up directories such as Yahoo or Crunchbase Use Indeed.com to find your competitor’s job openings Competitor’s websites Find your competitor’s management team members on an essay on suicide LinkedIn. Not only do you have to worry about current competitors you can see, but you have to be vigilant and be on the lookout for new entrants. For example, a company that already sells to your customer base may see your industry as a logical next step. You should consider the likelihood of new entrants high if: The industry sees high margins (its super profitable) There is unmet demand (more customers then suppliers) There are no major barriers to entry (does not take much to essays start competing) There is future growth potential (such as mobile apps)
Much of this is common sense – if you see a market opportunity that no one is competing in yet, don’t expect that you will be alone for long. Sourcing is account business plan, simply the process of procuring goods and services from suppliers that are required for your company to make its products or deliver its service. Some things to consider when choosing and personal reflections essays managing your suppliers: Cost: This is an obvious one – the lower the price, the higher your profit margins will be. Payment terms: The longer you have to quote argumentative essay pay your suppliers, the reflections essays more working capital you have on hand. Reliability: You must consider how reliable your suppliers are and ramzan festival essay what would happen to your ability to operate if they cannot deliver.
Scalability: As your business expands, will your suppliers be able to meet your needs? Fulfillment is simply the process of how your company delivers its products/services, from point of essays sale to delivery. There are several popular fulfillment options: Engineer to an essay on suicide order: the product is personal essays, designed and built to customer specifications (e.g.; large construction projects) Build to order: the product’s design is standardized but manufacture of final product is based off of argumentative essay customer specifications (e.g.; aircraft and reflections yachts) Assemble to order: the product is assembled to the customer’s specifications using pre-fabricated components (e.g.; Chipotles burritos, Dell computers) Make to ramzan essay stock: the product is manufactured in quantity based on expected sales of the personal reflections product (e.g.; retailers) If you are going to be selling physical products and expect to hold inventory, then you should pay very close attention to how you forecast the amount of inventory you need to meet your projected sales.
Too little inventory and you may not be able to meet demand. Too much inventory and you tie up all of your cash on essay excess inventory. Some key points: Have accurate sales forecasts. Use historical sales data if you have it, and personal reflections make sure you account for seasonality. Have accurate inventory tracking. Ramzan Festival? Use bar code scanning or equivalent to ensure there are no data entry errors. Utilize inventory management software. QuickBooks, Sage, and a plethora of other vendors provide a cloud-based solution for you to manage and maximize your inventory levels. Technology in today’s business environment is becoming more and more important and personal reflections serves as a source of competitive advantage.
Take Wal-Mart or FedEx as two examples of companies that provide services (low-cost products and shipping), but utilize technology as a critical means of delivering those services. Wal-Mart uses a sophisticated supply chain management IT system to ramzan festival essay ensure its low prices. FedEx uses technology to personal reflections essays optimize delivery routes and quote argumentative essay times, which enables it to ship to practically every corner of the globe, seamlessly and with very low error rates. Think about how technology plays a part in your business and if it is critical to your business operations. If technology is critical to your business operations, then you must think about your disaster preparedness and contingency planning . Depending on personal essays your business, you may want to room one by clements report create back-up copies of data and software, routine security checks, and securing physical assets. Personal? What would happen if you lost access to an essay the technology? Think about alternatives that you could utilize. For example, if you license a piece of reflections essays software and later down the road decide that the cost is too high, is there a competitor who can license you an alternative?
If you have exclusive rights to room one by andrew report a technology, either through a patent or through an exclusive license agreement, this is a great competitive advantage and personal reflections essays one that you will want to describe in detail. There are two types of intellectual property that may be applicable to a business: industrial property (such as patents and trademarks), and copyright (such as novels and movies). If you have intellectual property that you want to protect, it is advisable that you seek the professional advice of business plan a good Patent/IP Attorney , since this is a great way to provide a barrier to entry for your business. Intellectual property type 1: Industry property. These include inventions (patents), trademarks and industrial designs (trade secrets, trade dress). If you have any proprietary process or technology then it is recommended that you apply for a patent to protect your invention. You should apply for reflections a trademark for your company name and logo as well. Intellectual property type 2: copyright. These include literary and artistic works such as novels, poems and plays, films, musical works, artistic works such as drawings, paintings, photographs and sculptures, and pollution essay spm architectural designs. In 2011, counterfeit copyrighted and trademarked goods were a $600 billion dollar industry worldwide. Enforcing your intellectual property may be feasible from a legal point of view, but many times is not practical in practice.
For example, Microsoft cannot possibly prosecute every single instance where its popular operating systems are copied and downloaded. IP and your employees and essays contractors. It is quote, just as important to secure your intellectual property in relation to your employees and contractors. Everyone should be required to sign an invention assignment agreement, which basically states that the reflections essays company owns all works produced while contracted by essay spm, the company. Personal Reflections? In addition, you may consider handing out serialized notebooks for employees to use , so that if there is ever a conflict as to whom owns a piece of intellectual property, there is a physical record. If you have future products and services planned, it is a good idea to describe the product roadmap and strategy behind it . A key concept is that of product lifecycle, which describes the stages of the life of a product. During this phase, your product will incur heavy promotional costs as you get the word out. You may discount the price of the product to encourage new customers. During this phase, you may focus on expanding your product to new segments in quote argumentative, the marketplace, and expand the product line (for example, with new colors or other variations). During this phase, you are enjoying the fruits of your labor.
You may add new features to your product to stay competitive and to personal reflections essays further differentiate your product from competitors. Marketing spend for your product starts to dissipate as sales of your product are in steady decline. After including all of when a reflective about an experience life this information, you’ll have completed the products and services chapter. Writing the Customers and Market Analysis Chapter. The customers and reflections essays market analysis chapter will give you an essay opportunity to describe what your customer segments are, what needs you are filling for them, and personal essays how these groups of customers are trending in quote argumentative, terms of personal growth and behavior. This chapter also includes any regulatory restrictions specific to your industry. Customers and Market Analysis Sections. Market Overview Market Needs Market Trends (optional) Market Growth (optional) Industry Analysis (optional) Key Customers (optional)
In the when a reflective essay in your life market overview section you are going to calculate the total market (referred to as Total Addressable Market) for your products, and then the segment of that market your business can capture. Total addressable market can be thought of in several distinct levels. At the highest level is an estimate of the total market given 100% saturation. Personal Reflections? Another way of looking at writing a reflective essay about life, this is personal essays, what would be the total market if one company had 100% market share. Once you have the strategic account plan total addressable market, then you can estimate what percentage of this you can realistically capture. This, of course, is much harder to predict with accuracy.
So the important thing to remember is to utilize strong sources for your assumptions. For example, lets say you plan to open a high-end steakhouse in downtown Miami. To calculate your total addressable market, you might count how many high-end restaurants are in reflections essays, the downtown area and research the average annual sales for festival essay each restaurant. Then multiply the two to get the total sales for all high-end restaurants. This would be your total addressable market. Using the personal essays example above, we can then drill down to the next level and determine what percentage of the market you can realistically capture.
You might assume that you will take an equal share of the market, thereby decreasing all other competitor’s shares in the market. Or you might offer cheaper prices, which you assume would take a larger percent of the market. Whatever your assumption, make sure it is well documented and logical. To obtain jaw-dropping product-lift you must solve a difficult and andrew painful problem for reflections the customer. And if there are competitors, you must solve the problem better than them, and ramzan festival essay enough so that customers are willing to personal essays switch to your company. Describe what problem your product is solving. If you are targeting multiple customer segments, make sure you go into detail on argumentative how your product serves each customer segment. Describe how your solution better solves customer’s pain points then your competitors. We as consumers are inherently lazy. Reflections? We do not want to go through the time and cost of ramzan essay switching from one company’s product/services unless it is reflections essays, compelling enough, which is plan, dependent on the switching cost.
For example, there is reflections essays, virtually no cost to switch from Coke to room Pepsi. On the other hand, there is high switching cost associated with migrating from a Mac to a PC. To overcome this problem, describe how your product either is personal reflections essays, able to overcome customer’s inherent adversity towards switching products, or if your product is able to reach new customers and bypass switching costs altogether (in other words, instead of taking customers away from your competitors, you are creating a new market for your products). Understanding market trends at the macro level is critical for various aspects of your business. A growing or shrinking market is described in more detail in the market growth section. Below are some of the other factors that will affect market trends: The overall economy has a disproportionate effect on some businesses. For example, dog-walking services usually see a decline in sales as households reduce spending on non-essential purchases. Government regulations and policies can completely alter an industry, so it is imperative that you are up to date on upcoming changes. Strategic Account Plan? For example, the Jobs Act of personal reflections 2012 allowed for essay the first time non-accredited investors to participate in private placement of securities.
This in turn has created a new market for personal reflections crowd-funding websites to emerge to pollution connect startups with all types of investors. You may be in an industry where political conditions have an impact on the bottom line. For example, if you count the essays Dept. of on suicide Defense as one of your clients, then the across-the-board budget cuts (i.e.; Sequestration in the Budget Control Act of personal essays 2011) would surely have a negative effect on your business. If you build your business on top of a technology platform that will soon be replaced with a more cost affordable, powerful, and easier to use technology, then that will surely put you in quote, a less advantageous position. Reflections Essays? Knowing technology trends is valuable in ensuring you are gaining a competitive advantage through the use of technology. Your customers may change their sensitivity to price depending on a variety of factors, including competition, macroeconomic conditions, and changing consumer tastes. Keeping an eye on this trend will ensure you optimize your pricing strategy.
Market growth, mathematically, is when essay about in your life, simply measuring the change in market size from one time period to the next (usually in years). So if the market in personal reflections essays, the first year was $100 million and $150 million the second year, then the market can be said to have grown by 50%. You will find that measuring market growth using historical market size data is much easier then forecasting market growth. Utilize publically available data sources, trade publications, market research firms, and when writing a reflective about an experience government agencies to find much of personal essays this research. Being able to when writing about in your life demonstrate a market is personal, growing is obviously important – for example, the market for Blackberry accessories is clearly a declining market. Strategic Plan? Most investors and lenders will not want to reflections see a new business chase after dwindling customers. On the other hand, the market for Apple and Samsung phone accessories have seen great growth and will continue to grow as those companies continue to add new customers.
Your industry is ramzan festival, defined as the group of companies that are related to reflections you in terms of strategic account plan what you sell/how you derive your revenue. For example, Ford and Nissan are both in the automotive industry. Ford and personal essays Nissan’s market (i.e.; customers) would be the account business end consumers who buy their cars. You will want to describe your industry name/classification (SIC/NAICS Code), which can be found on the Dept. of Labor website. Understanding your industry’s dynamics is imperative to knowing it’s profit potential and attractiveness. A popular framework for conducting industry analysis is Porter’s five forces analysis, which analyzes an industry’s competitiveness (and therefore attractiveness). By performing this analysis you will have a clear picture of your competitors and how your company fits within the competitive landscape. If your industry has low barriers to entry and low switching costs, then expect increased competition, as there is essays, little standing in andrew clements book report, the way for new entrants to enter the market and compete. If your industry is supplied by personal reflections, very few suppliers with little alternative but to source from those suppliers, then expect downward pressure on an essay your margins. If your industry only has a small number of buyers, or there are many alternative products to choose from, then expect downward pressure on your margins.
If there are many substitute products in your industry and the switching costs between them are low, then expect substantial competition. An industry is very competitive if there are many competitors about the same size, there is little differentiation between competitor’s products, and it is mature with little growth (so the only way to reflections essays grow is to argumentative essay take a competitor’s market share). Although your product may cater to many different sets of customers, you want to focus on a select group that will be the most likely to purchase your product/service and account for the lion’s share of your company’s revenue. For many businesses, you will soon realize that a large portion of your revenue comes from a small percentage of essays your customers. For example, Starbucks may realize their key customers are white-collar business types that purchase a cup of coffee every day, versus the ramzan student type that comes in once a month.
When you can name your key customers. If you are in a business where volumes are low and personal essays prices are high, then you should be able to name your key customers individually. In this case, you should describe in ramzan festival, detail your relationship with each of them separately. If you’ve filled out this chapter, congratulations. Doing market research and customer analysis is a complicated and time consuming task.
Time to move on to the next chapter! Writing the Marketing and reflections essays Sales Chapter. The marketing and sales chapter gives you an opportunity to describe how you will manage your sales force and what sales activities they will conduct in order to close sales. Overview Positioning Pricing Promotion Distribution. In this section, summarize your marketing plan, being sure to include: Positioning: Are you going to be the lowest cost provider or provide a differentiated product? Pricing: How will you price your products/services? Promotion: How will your market your products/services? Distribution: Where will your product/services be available? Tip: It will be easier to write this section after you complete the subsequent sections as the a reflective about overview section summarizes key findings from the other section. Keep this section at the summary-level, as you will go into further detail in the subsequent sections.
Describe how you position your company within the competitive landscape. Reflections? Will you compete on price, or will you differentiate your offering and room clements stand out from your peers? For example, Wal-Mart positions itself as the low-cost provider in an industry, while Apple designs premium products to reach the luxury end of the market. Provide your product/service at the cheapest price point in the marketplace. There are three primary ways to achieve this: Economies of Scale: For example, being able to reflections essays turn more tables in a restaurant or produce more widgets in a factory. The more you are able to on suicide produce from your asset, the personal reflections cheaper it becomes. It will also be harder for your competitors to enter the market since you have fixed assets and experience that requires a large investment. Clements? Low operating costs: Keeping costs down across all aspects of the reflections business, including: Standardization: Limited customization Outsourcing: Outsourcing labor to low cost production centers Thrift: Limiting advertising and RD spend Optimized supply-chain: By lowering inventory and negotiating with suppliers, companies can substantially improve their profitability and cash flow.
Making your product/service unique by when an experience in your, targeting a specific segment of the market is a compelling strategy, especially if: Your customers are not price sensitive The market is competitive Your are targeting a specific niche You can provide a product/service that is not easily copied. You can also achieve differentiation through branding and essays marketing – for example, Starbucks sells premium coffee at a premium price point, primarily through the strength of their branding and not through the taste of their coffee. Determining the optimal price for your products/services will require you to think through several factors: If you are going shooting for the low cost provider strategy, then you will want to price yourself accordingly. Likewise, if you are going for bombing the luxury end of the market, then a higher price is often times a proxy for quality. How price sensitive are your customers?
If your customers are making their purchase decision primarily based on price, then you will want to personal reflections essays be sensitive to this. The price you set must be high enough to over your costs so you can turn a profit. There are, of quote argumentative essay course, exceptions. Personal Reflections Essays? For example, you might want to quote essay achieve economies of scale by maximizing units sold, or you might be maximizing revenue to achieve dominant market share. There may be regulatory/legal constraints on personal essays how much you can charge. For example, payday loan vendors are restricted in how much they can charge their customers. Looking at what your competitors charge can give you a understanding of what current customers are accustomed to paying and will likely be willing to pay for your products/services. There are price points that consumers are psychologically more accustomed to, such as amounts ending in .99 or .95.
In this section, you move from describing your marketing plan onto argumentative how you will convey your marketing message to your intended audience. What marketing channels will you utilize to reach your target customers? Depending on your business, traditional media may be an important component of your complete marketing toolbox. These would include television, radio, billboards, flyers, etc. In today’s environment few companies can afford not to personal essays have a strong online presence.
There are a myriad of writing an experience options available. Reflections Essays? Each marketing channel must be carefully measured for effectiveness, as online marketing can quickly add up and consume a small business’s entire marketing budget. A website is a key component of essay your digital marketing efforts as it will be the destination in which your online leads will first visit. Some online marketing options include: Search engines (i.e.; Google, Bing) Directories (Yelp, Angies List) Daily deals (Groupon) Email marketing Social media (Facebook, Twitter) Word of personal reflections essays mouth marketing is by pollution, far the most profitable and powerful marketing channel available to any business. New customers that are referred to reflections your business are more likely to purchase and an essay more likely to continue referring your company. Reflections? There are ways to boost word of mouth marketing, especially with the advent of social media. For example, asking a satisfied customer to like your business on Yelp and Facebook will potentially reach hundreds of their contacts, all with one click. Room Andrew Book Report? Integrating social media into your word of mouth marketing strategy is invaluable for every business. Blogging/Becoming a subject matter expert.
Having a leading voice in your industry will help your business gain credibility from customers, suppliers, partners and competitors. You can start by personal essays, participating on public forums and blogs related to essay spm your business and adapting the adage “give more to reflections get more”. How will your products be available? On one end of the spectrum is direct marketing, whereby you sell directly to your customers. Or if you manufacture your products, you might sell through distributors, who in turn sell to retailers, who in turn sell to consumers. Three common models:
Product is argumentative, stocked in mass-market distribution channels. Reflections Essays? Examples include soft drinks, magazines, etc. Product is specialized and sold through specialized channels. Examples include nautical computers and tooling/machinery. Product is only sold through an exclusive channel. Writing A Reflective Essay In Your Life? Examples include luxury products such as high-end motorcycles or designer handbags. The Internet presents an unparalleled opportunity to reach customers directly, as well as working with online channel partners to reach and sell to customers.
Writing the Strategy and Implementation Chapter. The strategy and implementation chapter will give you an opportunity to define the key milestones that mark meaningful progress towards your goals. It also includes sections that further elaborate on your competitors. Strategy and Implementation Sections. Milestones SWOT Analysis (optional) Competitive Edge (optional) Strategic Alliances (optional) Milestones are the key events that demonstrate progress is being made , such as completing the company’s first prototype or breaking even. These provide a tangible way to measure the success of the business venture. Milestones are so incredibly important to a business yet are one of those things that can be easily overlooked. Why are milestones so important? Because they are a way to measure meaningful progress of a company that in reflections essays, effect, makes that company less risky (and therefore more valuable).
A new company has an extremely high-risk profile – but as it meets tangible milestones, such as completing a prototype or breaking even, the company’s risk decreases. It becomes more apparent that the venture will succeed. Investors and lenders will be looking at what milestones your company has reached in order to create a fair valuation. Milestones might include: Assembling company team First working prototype Filing/receiving patent or other IP Securing physical location for store First paying customer Breaking even Turning a profit* *If you can demonstrate not only turning a profit, but also sustaining that profit, then that is when a reflective an experience, a huge milestone. SWOT Analysis is a useful technique for understanding your company’s strengths and weaknesses , while identifying both the opportunities open to personal your business and the threats it faces.
Strengths and Weaknesses refer to internal factors in your company, such as: Employees and pollution staff Physical assets such as equipment and facilities Financial assets. Opportunities and Threats refer to external factors facing your company, such as: Market trends Regulatory and legal Macroeconomic conditions Competitors. Competitive edge can be bucketed into four primary areas: cost, differentiation, innovation and operational effectiveness. Are you providing a product/service at a lower cost then your competitors?
This is a straightforward competitive edge that is very difficult to deliver. Reflections? Providing the lowest cost may require operating on razor thin profit margins or heavy investment in fixed costs in order to achieve economies of essay scale. Are you providing a product/service that your competitors are not offering or cannot offer? This is a common strategy whereby you provide differentiated value in order to better serve customers and/or reach a portion of the market that may be under-served. Are you leapfrogging your competition and providing a notably superior or new product/service? Popularized by the book “Blue Ocean Strategy”, creating new demand in an uncontested market space is a powerful business strategy. Do you provide superior time to market or customer service? For example, your customers may be willing to pay a higher price for better customer service . Nordstrom’s is an example of a company that uses superior customer service as a competitive advantage.
Forging strategic alliances is a commonplace occurrence in business. Personal Essays? There are a wide variety of alliances you might encounter, with various parties in which you do business. Even if you do not have any alliances, there may be an opportunity for a partnership in on suicide bombing, the future and personal reflections that should be included in this section. You might have a supplier who has a disproportionate amount of influence and power of your business. Striking a partnership in this case may decrease those risk factors and provide a competitive advantage over your competitors. You might have a large portion of your revenue coming from business several key customers. Inking an exclusive agreement to lock in revenue would, for essays instance, give you predictable cash flow.
It is not uncommon to on suicide bombing partner with competitors under certain circumstances – for example, to set standards for the industry or to help further adoption of a technology. Personal Reflections Essays? For example, Sony and an essay bombing Panasonic partnered together to increase the personal reflections essays adoption of Blu-ray DVDs. Aligning your brand with another company is one by clements, frequently used, especially if both brands are targeting the same demographic. For example, Samsung is the official sponsor of the Olympic games and reflections will provide free mobile phones to all Olympic athletes. Upon completing these sections, your strategy and account business implementation chapter will be finished. Writing the Financial Plan, Statements, and Sales Forecast Chapters. Writing the financial plan, financial statements, and sales forecast will be the personal most difficult part of room clements book report your entire plan. It requires making a large number of intelligent assumptions about the size of the market you can realistically target, and essays the costs associated with making your product or rendering your services. These sections are the red meat of spm your plan — these are the chapters that any seasoned angel investor or venture capitalist will dig into to make sure they know they’re making a solid financial investment. Chapter 7: Financial Plan and Sales Forecast Sections. Sales Forecast Personnel Plan Budget Cash Flow Assumptions Loans and Investments Starting Balances Historical Financials Key Metrics for Success.
Define the personal essays price in which you will sell your products and services, the room clements book cost it will take to produce or sell the personal reflections essays product/service, and the number of spm units you will sell. Be conservative when making your estimates on the number of units you will sell, ensuring you have a reasonable methodology when making your forecast. It is essays, highly recommended that you first complete the following sections as they lay the foundation for defining the sales forecast. Products/Services section: Defines what you will sell and at essay, what price point; also seeks to define the personal reflections production cost Target Market section: Defines the an essay on suicide size of your target market and what quantities you can sell. Tip: Your sales forecast should sync with your Sales and Marketing plan. For example, if you plan on hiring several sales people nine months from the start of your business, you should forecast an increase in sales thereafter. This is the price you will sell your products/services. Fixed price: Suitable for most sales forecast modeling Price changes over time: The price of your product/service may increase/decrease in price over time for personal reflections essays several reasons: Keep up with inflation Keep up with increased cost of raw materials or components Seasonal product – discount to offload excess inventory Promote new product – discount upfront to strategic account business plan encourage sales, then increase later. This is the personal reflections direct cost of producing your product/service (at the unit level). Otherwise known as cost of goods sold (COGS). Fixed costs: Suitable for most sales forecast modeling % of sales: A good way to forecast costs; as sales increase you can set the cost as a % of sales on a sliding scale.
Costs vary each month: The cost of your product/service may increase/decrease in price over time for several reasons: Economy of scale: the more units you produce, the cheaper it becomes to produce them Bargaining power: the when writing a reflective essay life more units you buy from your supplies, the cheaper they become Seasonality: cost of reflections raw materials may fluctuate based on time of year. This is the expected number of units you will sell. My units are constant: Not particularly suitable as most businesses will expect to have some growth over time. Units sold changes over time: The quantity sold of your product/service may increase over quote essay time for personal reflections essays several reasons: Growing market share Finding new markets. Sales tax requirements vary by country and by strategic business plan, products/services sold. In the United States, there is reflections, no sales tax at business plan, the federal level; however, many states levy selective sales tax on particular goods or services. Check with your state department of taxation if you are required to collect sales tax. If yes, you collect the personal essays sales tax from your customers and then remit the tax to the state each year. If the individual assumptions used for room one by book report each component of the sales forecast is accurate, so will the overall sales forecast.
You should be able to explain where each number comes from, citing studies/research that validates your assumptions. The costs of personal essays hiring personnel are often the largest expense of any business. In this section, you will enter forecasted employees and contractors you plan to hire. The number of personnel you plan to hire and at essay an experience, what time is more of an personal reflections art then a science. When Writing An Experience? Too much staff too soon and you’ll burn through your working capital. Too few staff and you’ll run the risk of alienating your customers and partners when you can’t deliver. A good way to essays think about your personnel plan is to think about the milestones you want your business to accomplish and account business plan what personnel are required to get your business there.
You can always revise your estimates, so start off with your best estimate and come back to reflections essays this section later. Tweak as needed so that your business model demonstrates profitability within your target time frame. The type of company you are building and the financing required also makes a big difference in your staffing plan. Argumentative Essay? For example, if you are seeking venture capital that mean you are going to want to hire and scale quickly in order to essays generate large revenues. Conversely, if you are seeking debt financing, you want to operate as lean as possible and essay about life maximize profitability so you can service your loans. Fixed amount: Suitable for most situations.
Changes over time: You might want to personal reflections essays define a compensation plan for quote essay sales personnel that have an annual bonus component, for example. Employee: If choosing employee you will have to consider certain employee taxes and personal reflections other considerations. Contractor: If selecting contractor, ensure that you are classifying said contractor correctly. In the United States, for example, you are legally required to provide employee-type benefits in certain situations even if you classify the writing about personnel as a contractor. If hiring employees, you will be responsible for additional costs such as (but not limited to) payroll taxes, worker’s compensation and health insurance, paid time off, training and travel expenses, vacation and sick leave, pension contributions and other benefits. This is referred to the burden rate, which provides a truer picture of total labor costs than payroll costs alone. Burden rate only affects employees and not contractors. If unsure what to enter, 15% is a fair estimate. Explain the assumptions and methodology used to define the personnel your business plans to retain, including how you came up with your compensation figures and burden rate.
For example, you might explain that as you plan to personal reflections essays hire several sales people to coincide with the release of a new product. Enter expenses you plan on incurring for your business. A good way to make sure you capture majority of your business’s expenses is to think through costs associated with each functional area of strategic account plan your business, such as product development, marketing and operations. Categorize expense into groups, such legal and administrative, rent and leases, and telecommunications. Do not include fixed asset expenses (assets whereby you derive value from for more than 12 months) such as a company van or computers.
You will enter these in the next step. Advertising Expense Amortization Expense Auto Expense Bad Debt Expense Bank Charges Cash Over and Short Commission Expense Depreciation Expense Employee Benefit Program Freight Expense Gifts Expense Insurance – General Interest Expense Professional Fees License Expense Maintenance Expense Meals and personal essays Entertainment Office Expense Payroll Taxes Printing Postage Rent Repairs Expense Salaries Expense Supplies Expense Taxes – FIT Expense Utilities Expense Gain/Loss on an essay on suicide Sale of Assets. Enter long-term asset expenses here. Long-term assets are comprised of two types: tangible and intangible assets. Fixed assets are tangible assets that provide value for more than 12 months, such as a company van or computers. Fixed assets are depreciated over its useful lifetime. This is an accounting method that allows the personal business to argumentative essay allocate the essays costs of the asset over when writing a reflective essay an experience in your its life by personal reflections, gradually reducing its value. Common fixed assets: Land and Buildings Motor vehicles Furniture Office equipment Fixtures and fittings Plant and room one by andrew clements report machinery. Intangible assets are long-term assets that are not physical in nature. Intangible assets are amortized over its useful life.
These might include: Intellectual property (items such as patents, trademarks, copyrights, business methodologies) Goodwill Brand recognition. Enter other short-term assets here, which most likely will be any prepaid expense that lasts for less than 12 months. Besides prepaid expenses, other current assets also include short-term investments and securities that are likely to turned into cash within a year. A prepaid expense can be described as such: A 12-month office lease is signed with the total lease amount of essays $12,000 being paid upfront. Classifying this as a regular expense would not be accurate because then the PL Statement and Cash Flow Statement would both show the $12,000 as a one-time upfront payment on the month it which it was made. This type of expense is better described as a prepaid expense, since the use of the a reflective essay life office is personal essays, spread out over a 12-month period of time and can be considered an ramzan festival essay asset on the Balance Sheet that is expensed over time.
By classifying this as a prepaid expense (or an personal reflections essays amortized short term asset) then the PL Statement would show the $12,000 prepaid expense spread across 12 months at $1,000 each month, while the Cash Flow Statement would reflect the $12,000 payment on month in which it was made. Under Assets, the Balance Sheet would then show the amount of Prepaid Lease that is quote essay, remaining at reflections, the end of the accounting period. Enter an estimate for income taxes you expect to on suicide bombing pay, which should be a summation of federal, state and local income tax. Do not include other taxes such as property tax (should be entered as a separate expense) or employee-related taxes (this is covered in the Personnel Section as the personal reflections essays Burden Rate). As this is only an estimate, 100% accuracy is not required (if unsure what to enter here, use 20%). Dividends and distributions (for corporations and LLCs/partnerships, respectively) are payments to essay the company’s shareholders/owners, taken from the company’s profit. Dividends are typically paid out at the end of the personal reflections essays fiscal year, while distributions can be given out at pollution spm, the discretion of the owners. Personal? You may want to set this to business zero initially and see how the financials of your business model work out; then you can work backwards and determine how much of retained profit you want to distribute to owners/shareholders. Here you can explain any regular costs that are associated with running your business. What are the monthly or ongoing costs that you must pay to keep the business up and running? For example, this could be paying monthly utilities and personal reflections essays rent expenses for your office space, insurance, or any marketing or advertising costs.
For a start-up, remember that there are always up-front costs or one-time costs associated with getting things started, so be aware of any of these expenses and include them in your budget. Accounts receivable is spm, defined as sales that the personal reflections essays company has made but has yet to collect the money from the purchaser. Most companies operate by allowing some portion of their sales to be on an essay bombing credit. These types of sales are usually made to frequent or special customers who are invoiced periodically, and allow them to personal essays avoid the hassle of physically making payments as each transaction occurs. You want your accounts receivable to be as low as possible to strategic business plan increase your cash flow. Defining what percentage of your sales will be on credit. You want this percentage to be as low as possible, while keeping in mind that for some businesses it is preferential to provide some credit to personal essays your best customers.
Defining how long it will take to collect payment. Of the customers that you provide credit to, you need to define when they are to pay you back. The faster, the better your cash flow will look like. Strategic Account? It is personal essays, typical to provide net-30, which is 30 days. Accounts payable is defined as short-term debt owed to suppliers and banks.
It is to your advantage to negotiate longer payment terms with your suppliers, as it will improve your cash flow. When looking at accounts receivable (what is owed to you) and accounts payable (what you owe), the key thing to remember is argumentative, that you want to be paid as soon as possible, and you want to essays pay others as late as possible (cash on hand is king). Defining what percentage of ramzan your purchases will be on credit. You want this percentage to reflections be as high as possible, as that will improve your cash flow. However, ensure you are able to pay your vendors on the purchases made on ramzan credit. Defining how long it will take to collect incoming payments.
How many days will it take, on personal essays average, to collect incoming payments? Select the typical number of days between when you make a credit sale and when the payment arrives. Quote? Keep in mind that shortening this period can vastly improve your cash flow. If your business will sell physical products and you plan on personal reflections essays keeping inventory on hand, then you need to define how many months of pollution essay spm inventory you wish to keep on hand. The more months of inventory you hold on hand, the more cash is tied up in inventory. This will affect your cash flow. How much inventory should you carry? The ideal amount varies from industry to personal essays industry, and business to room one by report business. A good place to find more information is trade associations for your industry. In order to improve your company’s inventory management, you will need to start by collecting good records on your inventory. Using inventory turnover rate as an personal indicator.
Inventory Turnover Rate = Costs of Goods Sold (COGS) / average cost of inventory on hand. A low inventory turnover rate means that you may have too much inventory on hand. Understanding and managing cash flow is very important to any business. The time period for credit sales and payments may depend on your suppliers or your industry. Paying and getting paid later rather than earlier can entirely change your cash flow projections. You can utilize this section to explain any assumptions about cash flow, including details on the time period in which you will make and receive payments. Bombing? How did you come to these assumptions and personal reflections essays how will it affect your business?
When taking out a loan, you borrow an amount of room one by andrew clements report money (principal) from a lender, and are obligated to pay back at a later time (usually in installments). You will typically pay interest on reflections essays the loan. If you are seeking a loan then enter the amount, as you want to forecast the financials assuming you have secured the account business plan loan. Personal vs Commercial Loans. For many small businesses, taking out a personal loan to finance growth is personal reflections essays, commonplace. These might include credit cards, home equity line of credit (HELOC), and an essay on suicide installment loans. Personal Essays? If you have an existing small business, commercial loans can be obtained, which are based on a variety of factors.
Secured vs Unsecured Loans. A secured loan is a loan in one by book report, which you pledge some asset (equipment, property, etc.) as collateral. Reflections Essays? Unsecured loans (credit cards, personal loans) are not secured against a borrower’s assets. Interest rates will be higher for unsecured loans versus secured loans, for obvious reasons. If you have a pre-existing loan, then you can specify those details in room one by andrew book, the Starting Balances section. A line of credit is similar to a loan with the difference being that interest is not charged on the part of the line of credit that is personal, unused, and the borrower can draw on the line of credit at any time that he or she needs to. If you are seeking a line of credit then enter the amount, as you want to business plan forecast the financials assuming you have secured the line of credit. The line of credit may be classified as a demand loan, which means that any outstanding balance will have to be paid immediately at reflections essays, the financial institution’s request. Investments include injections of an essay on suicide cash into the business from you, other shareholders or owners, or investors. This typically refers to equity investments where investors contribute cash to the business in exchange for equity (ownership).
In this section, you can describe how your business will be funded. If you are a startup, it is likely that the money you make from sales will not cover all your business expenses so you may need additional sources of funding, such as taking out a loan, receiving investors’ capital, credit lines, or other ways of borrowing money. What type of funding will you acquire? At what point in your plan are you expecting these funds? For existing businesses only. Personal Essays? The starting balances will be used to adjust the balance sheet to take into account your company’s financial history. Important: all starting balances should be entered as they are at an essay on suicide, the start of your plan. Enter starting balances for assets: Cash Accounts Receivable Inventory Other current assets Long term assets Accumulated depreciation.
Enter starting balances for liabilities: Enter starting balance for Capital and reflections Earnings: Enter your Recent Sales: One month before start date Two months before start date Three months before start date Four months before start date Five months before start date Six months before start date. If you are an existing business, you can enter past financial data here. This is optional and will be used to calculate historical financial ratios in the Financial Statements section. For each year of your company history , include: $ Sales $ Gross profit $ Income from operations $ Net profit $ Current assets $ Current liabilities $ Inventory $ Total assets $ Total liabilities $ Total owner equity. Every business model has several key metrics that management can use to see if the business is account business, healthy. For example, a restaurant might use the number of tables it can turn per night and the average revenue per dinner. Personal Essays? Think about what levers make the most impact to your business. You will want to continuously track and monitor these metrics to room one by andrew book ensure your business model is working.
Chapter 8: Financial Statements Sections. Profit and personal reflections essays Loss Statements Balance Sheet Cash Flow Statement Financial Ratios. The Profit Loss (i.e.; income statement) shows your revenue, expenses, and profit. It is the most common of the writing a reflective an experience in your three reports as it provides a view into the company’s projected “bottom line”. The statement here is a read-only display, calculated automatically from the information you entered in the Sales Forecast, Budget, and Personnel Plan sections. Reflections? If you wish to edit or change any information, you may do so by festival essay, going back to those sections. The statement here will update automatically. The balance sheet gives a snapshot of your company’s financial position at a given point in time, usually the last day of a fiscal period. It is called a balance sheet because assets (what you own) will always equal the sum of your liabilities (what you owe) and stockholder’s equity (your investments from stockholders plus money that your business earned that is put back into running your business). The balance sheet here is a read-only display. If you wish to change the balance sheet, you can do so by going back to the builder in the Financial Plan section.
If you are an existing business, you have the option of adding starting balances under the Financial Plan section. The cash flow statement displays the cash inflows and outflows from your operating, investing and financing activities. Personal? Rather than providing an overview like the strategic balance sheet, the cash flow statement will measure the change in cash during a period. Personal Essays? In other words, how much money did you start and end up with? The statement here is a read-only display. You can go back to argumentative edit the sections in reflections essays, the Financial Plan section in order to ramzan festival essay change the accounts affected in reflections essays, the cash flow statement. The Financial Ratios section gives a general overview of the quote argumentative essay health of personal reflections essays your business.
The report here is a read-only display. If you wish to an essay on suicide bombing change any of the information, you may do so by editing the relevant financial information you’ve entered previously. The ratios here will update automatically. The Liquidity Analysis shows how solvent your company is, or how easily convertible to cash is the company in case. This is important in determining the ability of the business to meet its obligations, or paying off what it owes in debt. The Profitability Analysis shows the overall performance of the personal company in its ability to make a profit.
The ratios show how much of spm sales revenue is actual profit after taking costs and expenses into account. The Debt Ratio shows how much of the business’s assets are financed by debt and personal essays how much of the business business’s assets are financed by personal reflections essays, stockholders’ equity. An Essay On Suicide? The Investment Measures show ROI (Return on Investment) which is the percentage of the return (net profit) of the business divided by the cost of the personal reflections essays investment. The most common method of calculating ROI is to an essay bombing divide net profit by total assets. Finishing these chapters represents a massive achievement in completing your business plan. Personal Reflections? It is by far the most difficult chapter, as it requires doing somewhat complicated math to plan generate accurate financial statements. In all likelihood, you will need to reflections hire an expert or accountant to essay life help you create an accurate and detailed plan that adheres to realistic outcomes.
To finish it off, you’ll need to write an appendix and a glossary of terms. Your appendix will be a more detailed version of the financial statements detailed in this chapter, and personal reflections essays your glossary of terms will simply define the terms of your business that an investor may not understand. Upon including those chapters, your plan will be complete. Feeling inspired to start a business, but don’t know how to write a plan? We have a sample database of when essay in your life plans that you can look through to learn the different chapters and sections necessary to attract equity investments and personal essays loans. Although our examples are specific to each industry, keep in mind that every plan will be unique depending on your location, your customer base, and your own vision, so these will only serve as a starting point for you and your dream.
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Keep in account plan, mind: You may have a brilliant idea, but until you’ve subjected your product/service to personal reflections meticulous research, and calculated your potential market as conservatively as possible, your business idea will be nothing but empty words and blather to a seasoned investor. 2. You’ll need to manually create visual graphs and charts to make the calculations easily understandable. You’ll need to take the numbers you calculated and an essay on suicide create attractive graphs, charts, and tables for your plan. Personal Essays? Making your data attractive and easy to comprehend is ramzan festival essay, no easy task. Essays? Professional planning software can not only do the calculations for you, but will also turn them into relevant graphs, charts, and tables presented in the appropriate order, according to how equity investors and bank loan officers expect to account see them. 3. A basic template won’t allow you to track your business’ progress. You won’t be able to keep your company’s information up to date easily. One of the major benefits of using software is that you can continually update your numbers based on your real expenses and earnings, allowing you to track the progress of reflections essays your business easily and pollution spm without a major hassle. Nonetheless, we encourage you to download this document and get started with writing out personal essays your product/service concepts and marketing plan. An Essay Bombing? If or when you encounter the financial sections, we’ll be looking forward to helping your progress through the major obstacles of writing a successful strategy that will help you get funding for your ideas. Crafted by licensed attorneys Updated regularly Applicable to all 50 states.
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