Business Plans
Investment Decisions
An Analysis of Three Business Plans in Regards to their Riskiness
This paper will examine three separate business plans and rate these plans based on the level of risk and the cost of capital that should be awarded to these plans. Of the three plans considered, a plan for an expansion of a coffee production facility in South America carries the least risk. An investment opportunity for a truck stop in Texas was estimated to carry slightly more risk but to be a relatively solid investment. Finally, an investment opportunity in a marketing company that targets high-tech firms and provides marketing services for firms who wish to enter foreign markets was recognized as the riskiest investment although it also has the highest potential rewards.
Acme Consulting
Acme Consulting involves a proposed business that specializes in a fairly focused niche (Palo Alto, N.d.). The organization will focus on the marketing of high-tech…...
mlaWorks Cited
Bplans. (N.d.). Coffee Export Business Plan. Retrieved from Bplans: http://www.bplans.com/coffee_export_business_plan/executive_summary_fc.cfm#.UFCjnI1lSBo
Bplans. (N.d.). Truck Stop Business Plan. Retrieved from Bplans: http://www.bplans.com/truck_stop_business_plan/executive_summary_fc.cfm#.UFCjko1lSBo
Palo Alto. (N.d.). Acme Consulting. Retrieved from Palo Alto: http://www.paloalto.com/sampleplans/bpp7/enu/live/acmeconsulting_live.pdf
Business Plans
Investing and Risk Analysis
Investment decisions involve consideration of both quantitative and qualitative factors. The focus of business classes, many times in on the quantitative portions of the plans. However, these "forecasts" do not predict the future, or the success of any business endeavor. At best, they demonstrate that the prospective business has at least given operations some thought, but they do not ensure the success of a business. Investment analysis involves consideration of both the financial statements and qualitative factors that hinge on the edge of being called "intuitive" factors in the business plan analysis. The following will discuss the "intuitive" factors involved in assigning a discount rate to three business plans, based on the perceived risks involved in each of them.
Ice Dreams is a unique idea that is built on the concept of an already popular consumer commodity, Sno Cones. According to the business plan, the consumer will…...
Business Plans
Marketing Plan and Evaluation
The marketing plan should revolve around the marketing mix. The mix encompasses the four Ps of marketing, each of which will be addressed in turn in this business plan. The four Ps are product, price, place and promotion (NetMBA, 2010). ith respect to product, the coffee shop will be a premium example of a coffee shop. Australia has an exceptional coffee culture, so good that it is the envy of the world, and exported to foreign nations like Singapore, Hong Kong and the United Kingdom. The quintessential Australian coffee shop experience and the products related to that experience is what we are selling. The experience itself will be familiar to anybody who has patronized a high quality coffee shop -- relaxed atmosphere, well-trained staff, good music, free ifi and other service elements. The product will consist of high quality espresso primarily, and the drinks that go…...
mlaWorks Cited:
AIEX. (2012). Gloria Jean's coffees exporting to the world. Export Council of Australia. Retrieved May 16, 2012 from http://www.aiex.com.au/business-services-1/gloria-jeans-coffees-exporting-to-the-world
Goldenberg, S. (2011). Starbucks concerned world coffee supply is threatened by climate change. The Guardian. Retrieved May 16, 2012 from http://www.guardian.co.uk/business/2011/oct/13/starbucks-coffee-climate-change-threat?newsfeed=true
Investopedia. (2012). Foreign exchange risk. Investopedia. Retrieved May 16, 2012 from http://www.investopedia.com/terms/f/foreignexchangerisk.asp
Michelli, J. (2007). The Starbucks experience. Starbucks Experience.net. Retrieved May 16, 2012 from http://www.starbucksexperience.net/audio.html
Business Plans
BSBMGT604A Manage Business Operations:
Main Points:-
(A) Implementation of Tactical and Operational plans. (i) Supply chain of resources to organizations or department set-up and functioning efficiently. (ii) equirements for skilled labor are fulfilled as per plans (iii) Actions are aligned as per the scheduling needs of plans (iv) Preventive and breakdown maintenance arrangements for business systems are unified into operations (v) Cost maintenance and control systems are executed (vi) Performance measurement systems are checked-up and made functional (vii) Projects are started in keeping up with the project management plan (viii) Co-operation of people, resources and equipment supply produce maximum results. (ix) Products / services satisfy quality and functional specifications (x) Communication / consultation are taken up as per plans (xi) Execution is dependable with the business and strategic plans in place. (Competencies BSMGT604A: Manage Business Operations)
(B)Performance Monitoring: (i) Performance indicators and norms for evaluation are approved and put in place (ii)…...
mlaReferences
Competencies-(BSMGT604A): Manage Business Operations. Retrieved from inputRef=24084& sCalledFrom=std Accessed on 30 June, 2005http://www.ntis.gov.au/cgi-bin/waxhtml/~ntis2/unit.wxh?page=80& ;
Competencies -- (BSBMGT603A) Review and develop business plans. Retrieved from
Based on this assessment of the market conditions, we feel our most competitive product is our new Abodo Pork Burger. This product appeals to the traditions of three ethnic groups in our area -- Cuban, Filipino and Mexican -- because of the use of pork and the spicy, chocolaty flavors of the adobo sauce. It also is expected to have significant crossover appeal to mainstream audiences, given the familiarity of the core flavors.
Our company is a mass market firm, so we view this product as having mass market potential. Initially, however, we will focus our marketing efforts on the Cuban and Mexican communities. The target consumer for this product will be a male, aged 25-50, which is not only our core audience but is the most likely consumer of such a meat and spicy heavy product. This consumer will be lower to middle class. He will live in either the…...
mlaWorks Cited:
Cisneros, H. (2009). Latino population growth challenges U.S. future. Newsweek. Retrieved November 28, 2009 from http://thelatinojournal.blogspot.com/2009/01/latino-population-growth-challenges-us.html
Hisrich, R., Peters, M. & Shepherd, D. (2005). Entrepreneurship. Chapter 7.
United States Census Bureau website. (2009). Various pages. Retrieved November 28, 2009 from http://www.census.gov/
The business plans provide guidance to the owners, investors and management at the start up entity and advances through some phases of success. The actual or prospective business owner of the entity creates a business plan as a means of providing clarification of every aspect of the business operation. A business plan is an imperative component that paints the bigger picture of how the business will operate, the different personnel necessitated, the costs that can be incurred and the potential income to be generated. Characteristically, a business plan comprises of the objectives to forecast and prepare for the growth and development of the business. Furthermore, a number of business owners create a business plan with the main objective of providing guidance to the management, which will be responsible for the everyday running of the entity and also with the main aim of encouraging investment of capital. Typically, there are five…...
mlaReferences
Cavico, F. J., Orta, M., Muffler, S. C., & Mujtaba, B. G. (2014). Business plans as legally protected trade secrets under the uniform trade secrets act. Journal of Business Studies Quarterly, 6(2), 42.McKeever, M. (2016). How to write a business plan. New York: Nolo.Mercer, E. (2018). Examples of Microsoft Project Plans. Chron. Retrieved from: Pinson, L. (2008). Anatomy of a Business Plan: A Step-by-step Guide to Building the Business and Securing Your Company\\'s Future. aka associates.Ristau, R. A. (2010). 21st Century Business: Intro to Business. New York: Springer.https://smallbusiness.chron.com/examples-microsoft-project-plans-34336.html
CSE is capable of fine-tuning, improving or repairing solar panel systems as need be. The company is also capable of providing consulting services. There are many customers who do not fully understand how solar energy systems function and can benefit from the consulting function. Consulting will also act as a marketing tool, driving customers to our sales and installation business.
In the early stages, the business is expected to be small. The partners will be responsible for the company's work in the early stages of development. The staff will number three. However, because we view the market as being subject to rapid growth, it is expected that the company will be able to grow rapidly. There are contingency plans in place to help shepherd the company through a rapid growth process.
During the launch phase of the company, a small office will be required to support the back office function. One…...
mlaWorks Cited:
Change.gov. (2010). Dramatic action. Change.gov. Retrieved May 3, 2010 from http://change.gov/newsroom/entry/dramatic_action/
SolarBuzz.com. (2010). Fast solar energy facts. SolarBuzz.com. Retrieved May 3, 2010 from http://www.solarbuzz.com/fastfactsindustry.htm
USCity.net. (no date). Connecticut solar energy directory. USCity.net. Retrieved May 3, 2010 from http://connecticut.uscity.net/Solar_Energy/
Connecticut Clean Energy Fund website, various pages. (2010). Retrieved May 3, 2010 from http://www.ctcleanenergy.com/
In addition to these activities, a professionally done Website where the weekly webinars will be hosted from, and a list of in-person events the company is sponsoring will also be provided. CFOS and CEOs are the ones in content providers making the decisions of whether to monetize their content. Advertising and sales promotion must concentrate on events where these specific professionals are in an attempt to gain their interest and potential trial of the Web content monetization system. Table 1: Proposed Launch Budget breaks down by line item the essential steps to launch the proposed Web content monetization system.
Table 1: Proposed Launch Budget
Costs
Website Development include support for Webinars and landing pages for lead generation
$350,000
Series of advertisements in CFO and CEO Magazine
$400,000
Production of a series of testimonial videos for YouTube of early adopter companies -- interviews with their CEO and CFO
$70,000
Sponsorship of content provider Industry Events
$10,000
Event Marketing Strategies to gain…...
mlaReferences
Andersen, R. (2008). The Rhetoric of Enterprise Content Management (ECM): Confronting the Assumptions Driving ECM Adoption and Transforming Technical Communication. Technical Communication Quarterly, 17(1), 61-87.
Gerry Coleman, & Rory V. O'Connor. (2008). An investigation into software development process formation in software start-ups. Journal of Enterprise Information Management, 21(6), 633-648.
Hakan Erdogmus. (2007). On-Demand Enterprise Services: Where's the Catch? IEEE Software, 24(4), 5.
Knight, G.A. And Cavusgil, S.T. (2004), "Innovation, organizational capabilities, and the born global firm," Journal of International Business Studies, Vol. 35 No. 2, pp. 124-41.
Malone (1996) suggests where there is a city (Melbourne) and water, (Riverfront) there is capital and room for much in the way of growth and financials.
3.7 Promotional strategy
Shells will distinguish itself from competitors by providing consumers a fine dining experience without the costs normally associated with fine dining. Shells will provide customers an experience that fulfills their dreams and desires. Sections of the restaurant will cater to consumers interested in capturing certain themes or emotions during their fine dining experience.
Legal Requirements
4.1 Legal Structure
Shells Fine Dining is established as a partnership.
4.2 Licensing
Shells will acquire appropriate licensing including licensing as a commercial dining establishment and liquor licensing as requirement by the City of Melbourne.
4.3 Insurance
Shells will obtain all insurance as required by a fine dining established as per the City of Melbourne's legal requirements. This insurance will also cover natural disaster or loss of property due to unforeseen events or natural…...
mlaBibliography
Dovey, K., Sandercock, L. (2002). Pleasure, politics, and the public interest: Melbourne's
Riverscape revitalization. Journal of the American Planning Association, 68(2): 151
Ley, D. (1996). The new middle class and the remaking of the central city. Cambridge:
Malone, P. (1996). City, capital and water. London: Routledge.
Current liabilities will lie in staff payrolls, and more drastically in staff experience, which can correlate directly to the loss of business through unhappy customers. Incompetent and inexperienced staff can prove costly in any service-providing corporation. This may require a level of spending necessary to ensure staff competence through company provided training.
Maintaining records for any individual on the company payroll is a cumbersome, but imperative aspect of liability. Outsourcing this requirement may prove to be the most cost-effective and simplest method of approach. Many payroll companies offer legal services, such as employee handbooks and other company pertinent legal matter, as part of their services. This option alone could save thousands through the initial periods of development.
In order to maintain a spa and health business of the operation magnitude sought, there will likely be a necessity for at least three different departments; cosmetology, customer service/administrative and managerial. Using job order cost…...
Executive Summary Space Antenna Inc. is a company that has started up to produce antennae for the telecommunications industry. The antennae will communicate with satellites in space. This is a growing industry, which creates opportunity for new entrants. The key success factors are to be able to innovate, which typically results in antennae that not only have more features and better performance than their predecessors but come in at a lower price as well. Thus, engineering skill is one of the most important things that will drive success. The organization has therefor e been built with the needs of R&D in mind, in order to ensure that we can bring to market the best products, and start to build market share that way. We are backed by a venture capital group, and they have brought in a professional management team, which will allow the founders – all engineers – to focus…...
mlaReferences
MI (2017). Global antenna market. Mordor Intelligence. Retrieved March 11, 2018 from QuickMBA (2010). Porter\\'s five forces. QuickMBA.com. Retrieved March 11, 2018 from http://www.quickmba.com/strategy/porter.shtmlSilverstein, S. (2013) Antenna industry: Tuned to the future of satellite communications. Via Satellite. Retrieved March 11, 2018 from http://www.satellitetoday.com/uncategorized/2013/02/01/antenna-industry-tuned-to-future-of-satellite-communications/https://www.mordorintelligence.com/industry-reports/antenna-market
The company has to minimize the operational and unnecessary cost by efficiently complying and contemplating on the stance of cost effectiveness. The company has to allocate its funds somewhere, where it has surety that it will return worthy.
The first three years are very important for the sake of the organization, which can be visualize by the graph increasing year by year (YOY) depicting a positive sign for the long run of the organization.
3) the last strategy is to increase the market value of the company's share. The company has to maintain its incredible growth while enhancing the sales turnover and gross margin which will certainly leave a positive effect on the market value of shares.
Customer Value Perspective
You always listen that customer is always right and without customer there will be no business. The statement is quite true indeed as any thing you manufacture, or any service you wish to…...
mlaReferences
Balance Score Card Basics, retrieved from, Accessed on 30-Jan-2011http://www.balancedscorecard.org/BSCResources/AbouttheBalancedScorecard/tabid/55/Default.aspx ,
Balance Score Card, retrieved from, Accessed on 30th-Jan-2011http://www.referenceforbusiness.com/management/a-Bud/Balanced-Scorecard.html,
Perspectives of Balance Score Card, retrieved from, Accessed on 30th-Jan-2011http://tutor2u.net/business/strategy/balanced-scorecard-perspectives.html ,
Examples of Companies using the Balanced Scorecard, retrieved from, Accessed on 31st-Jan-2011http://www.organizedchange.com/examplesofcompaniesusingthebalancedscorecard.htm ,
How does Kim and Mauborgne’s business plan standard compare to the approach to strategy in the textbook?
Kim & Mauborgne (2000) offer a customer-focused approach to creating a business plan that first begins with a buyer utility map, or an assessment of how the new business idea aligns with the actual needs of customers and what customers perceive as useful. The second tool or the price corridor mass focuses on what is the best price to generate buyers. The third tool, the business model guide, determines if the idea can be delivered at this optimal price point.
Thompson (et al. 2013) instead uses Porter’s generic strategies to define how to create a business plan in a non-sequential fashion. These generic strategies include cost leadership by offering the lowest possible price on a product versus competitors, a differentiated strategy in which the product satisfies a unique need that no other competitor can, or…...
mlaReferences
Kim, W. & Mauborgne. R. (2000). Knowing a winning business idea when you see one.The Harvard Business Review. Retrieved from: winning-business-idea-when-you-see-oneThompson, A., Peteraf, M, Gamble, J., & Stricklannd, A., (2013). Crafting & executing strategy:The quest for competitive advantage: Concepts and cases, (20th edition). New York, NY:McGraw-Hill.https://hbr.org/2000/09/knowing-a-
Creating a business plan for a fire alarm business involves several key components, from market analysis to financial projections. Here's an outline for your business plan:
1. Executive Summary
Business Name: [Your Business Name]
Mission Statement: A brief statement on your business’s goals, focusing on safety and reliability.
Business Objectives: Short-term and long-term objectives, such as market penetration, revenue targets, and expansion plans.
2. Business Description
Overview of the Fire Alarm Industry: Current trends and growth potential.
Business Offering: Detailed description of products and services (e.g., fire alarm systems, installation, maintenance).
Unique Selling Proposition (USP): How your business stands out (e.g., innovative technology, exceptional service, competitive pricing).
3. Market Analysis
Industry Analysis: Size, trends, and growth projections of the fire alarm industry.
Target Market: Define your primary market (e.g., commercial properties, residential areas, industrial sectors).
Competitive Analysis: Identify major competitors and analyze their strengths and weaknesses.
4. Marketing and Sales Strategy
Marketing Plan: Strategies for reaching your target market (e.g., online marketing, trade shows,…...
EXECUTIVE SUMMARY Yolo Airlines is a low-cost airline carrier that conducts its airline operations in the United States. The business operations are based on a low-cost structure and the airline is able to generate high returns as a result of the unique business model and efficacy in its strategic operation. The vision of the company is to become the most superior low-cost carrier airline in the United States market that provides not only a distinctive experience to all consumers but at the cost-effective rates for the products and services rendered. On the other hand, the mission of the company is to provide consumers with a cost effective product offering in terms of flights to different regions in the United States but at the same time offer them with services that match their high lifestyle in terms of comfort and also convenience. Unlike other airlines in the industry that utilize a hub…...
mlaREFERENCES
Report Linker. (2017). Global Low Cost Airlines to 2021: Market overview and insights for low-cost airlines to 2021. PR Newswire. Retrieved 26 April, 2018 from: Value Researcher. (2017). Southwest Airlines, Strategically Positioned For Long-Term Success. Seeking Alpha. Retrieved 26 April, 2018 from: https://seekingalpha.com/article/4147565-southwest-airlines-strategically-positioned-long-term-successhttps://www.prnewswire.com/news-releases/global-low-cost-airlines-to-2021-market-overview-and-insights-for-low-cost-airlines-to-2021-300564017.html
The Profound Impact of Academic Preparation on Learning and Problem-Solving
My academic preparation has profoundly shaped my approach to learning and problem-solving, equipping me with a multifaceted skillset that encompasses critical thinking, analytical reasoning, and adaptable problem-solving strategies.
Critical Thinking and Analytical Reasoning
One of the most formative aspects of my academic journey has been the emphasis on critical thinking and analytical reasoning. Through rigorous coursework and thought-provoking discussions, I have honed my ability to deconstruct complex ideas, identify underlying assumptions, and evaluate arguments with a discerning eye.
This foundational skill has empowered me to approach learning situations with an inquisitive and analytical mindset.....
Impact of a New Tax on Commercial Office Space on the Market
The imposition of a new tax on commercial office space can have significant ramifications on the real estate market, affecting both landlords and tenants. Here's a detailed analysis of the potential responses and implications:
1. Reduced Demand for Commercial Office Space:
A new tax on commercial office space will inevitably increase the operating costs for businesses. This will make it more expensive for companies to lease or purchase office space, leading to a potential reduction in demand. Businesses may explore alternative options such as remote work, reducing their physical space requirements,....
The literature on business planning, marketing planning, and strategic management planning often discusses these concepts in overlapping yet distinct terms. A business plan serves as a comprehensive document that outlines the operational and financial objectives of a business, detailing how these goals will be achieved. It typically includes sections on company description, market analysis, management structure, product/service line, marketing and sales strategies, and financial projections. According to Barringer and Ireland (2012), a business plan is crucial for new ventures as it not only guides the entrepreneur but also serves as a tool to attract investors by demonstrating the viability and....
1. Analyze the marketing strategies and target markets of Coca Cola and Nestle in their business plans.
2. Compare and contrast the approaches to product diversification and innovation in the business plans of Coca Cola and Nestle.
3. Evaluate the financial goals, projections, and risk management strategies outlined in the business plans of Coca Cola and Nestle.
4. Compare the sustainability and corporate social responsibility initiatives laid out in the business plans of Coca Cola and Nestle.
5. Discuss the global expansion strategies and market entry approaches detailed in the business plans of Coca Cola and Nestle.
6. Analyze the competitive landscape and market positioning....
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