StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...

Components of a business plan - Essay Example

Cite this document
Summary
In fact, as it is noticed by every single individual without any doubt that no firm can operate without customers. Thus, to this most demanding element in customer satisfaction, there exist market…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER98.6% of users find it useful
Components of a business plan
Read Text Preview

Extract of sample "Components of a business plan"

Download file to see previous pages

As a result, companies can find easier alternatives to satisfy the customer needs. Consumers are motivated by this extra service that the company provides to them increasing their trust with the manufacturer. Over the past few decades, there has been an increased desire for organizations to have personal interactions with customers. Major organizations find ways to reach out to the client in delivery form. American Delivery Department provides them with the opportunity to fulfill their objectives.

ADD, will deliver those company products which cannot make it up to their clients. This market gap has initiated the formation of the ADD Company. Due to many customers that are served by the similar institutions, they cannot reach them in person and will have to hire other firms such as ADD on their behalf. Furthermore, companies nowadays are in the need to find customer response concerning their products so that they can evaluate where to improve their production, a desire that ADD will offer as an extra sales services to the respective organizations.

Due to the serious nature of the industry to proffer such services, ADD organization has a market opportunity that will ensure productivity. The population is increasing by the day those results in increased customers to many companies. Due to problems of reaching all the customers, ADD will be hired by most organizations to oversee the service delivery. Our costs are relatively small that will attract major customers for our services. American Delivery Department, therefore, has already market that will increase its sales leading to high revenues.

Though, competition is stiff in the industry, the organization majorly targets average and small organizations that market leaders are not concerned about. The company will be assured henceforth to make an impact on the market and become a force to other rival

...Download file to see next pages Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Components of a business plan Essay Example | Topics and Well Written Essays - 3000 words”, n.d.)
Components of a business plan Essay Example | Topics and Well Written Essays - 3000 words. Retrieved from https://studentshare.org/management/1688834-components-of-a-business-plan
(Components of a Business Plan Essay Example | Topics and Well Written Essays - 3000 Words)
Components of a Business Plan Essay Example | Topics and Well Written Essays - 3000 Words. https://studentshare.org/management/1688834-components-of-a-business-plan.
“Components of a Business Plan Essay Example | Topics and Well Written Essays - 3000 Words”, n.d. https://studentshare.org/management/1688834-components-of-a-business-plan.
  • Cited: 0 times

CHECK THESE SAMPLES OF Components of a business plan

Processes and Definitions of Enterprise and Entrepreneurial Management

hellip; Among the issues that one needs to consider when writing a business plan are the location of the business venture, the sources of raw materials, the costs of the raw materials along with the labor and the accessibility of the business and its products by the customers (Landstorm, 2008).... a business plan includes the business idea that an entrepreneur is considering venturing into.... a business plan has to incorporate the objectives that the entrepreneur aims to achieve in the long run and the means of achieving them (Landoli and Landstorm, 2007)....
11 Pages (2750 words) Essay

How Entrepreneurial Management Should Start

All of these are considered important components of a business plan in order to cover everything and be categorized accordingly.... Portfolio (Part A) Introduction a business plan is where an enterprise or venture should start.... Just like any types of materials for planning activity, a business plan is a formal statement of every detailed aspect of a business of an enterprise or venture that is about to start or be revised (Cross and Richey, 1998)....
12 Pages (3000 words) Essay

Factors of Success-Failure of Small Business Enterprises

2: Business plan a business plan is a document that gives shape to the vision of an entrepreneur and to that extent helps the key management team to assume ownership the business idea and work towards its success.... Its key components are briefly described as below: Cover letter: While forwarding the business plan document, the cover letter spells out the request being made for financial support on behalf of the business in a legally binding manner between the loan seeker and the loan giver....
6 Pages (1500 words) Essay

Analysis of Business Planning

The business plan on Trend Setters Hair Studio later reveals the products and services within the business.... The business plan presents milestones of the salon business that includes details of salon activities.... Finally, the plan has an appendix that explains most of the figures in the business plan (Bangs, 2002).... Brian's Book Barn business plan This plan focuses on a book barn business that dates from May 1998.... The plan also suggests that the community where such an organization is situated lacks such a business....
8 Pages (2000 words) Research Paper

A Divergence of Ideas and Plans for Different Business Plans

Such determine the similarities and differences in the components of a business plan.... While writing a business plan, there is a divergence of ideas and plans for two different business plans.... This paper analyses the strengths and weaknesses of two business plans, Singles Bar business plan for Colloquy Grog Shop and Nightclub business plan for The Spot club.... Thus, a viable business plan has the qualities of being excellent on paper and practical applicability....
7 Pages (1750 words) Assignment

Schools of Management and Types of Organization

Management environment today is able to better plan and forecast production through data collection and analysis because specialization through division of labor allows more time for process development.... The government was barely involved in economic matters and there was little regulation on business process as observed in this age....
6 Pages (1500 words) Research Paper

Entrepreneurship Unit 5 - Global Entrepreneurship

a business plan is considered as a way of documenting what the purpose of your business is, how it allocates it resources and help the business learn about its strengths and weaknesses in order to prepare for problems and opportunities that it might face.... a business plan entails all the resources applied in the business and further gauges the consequences of this resource utilization.... a business plan is a compulsory and a well laid, multi faceted picture of the business, with multiple purposes as follows: ...
5 Pages (1250 words) Research Paper

Trend Setters Hair Studio Business and Brians Book Barn Business

Fewer objectives for any business plan make businesses more practical because it proves that management can handle the fulfillment of the same objectives.... The research will facilitate better knowledge of salon trends that is necessary for the preparation of a perfect business plan.... hellip; The plan focuses on a beauty and hair salon called Trend Setters Hair Studio.... The mission and motto of the salon are equally mentioned (B plan, 2012)....
7 Pages (1750 words) Essay
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Contact Us