Planning facilitates him to identify problems that require outside sources of information and help. The nature of markets and customer needs alter rapidly. Planning cannot forecast alteration but it helps an individual to identify it and map his business policy accordingly. Small businesses tend to either cultivate too rapidly for their capital base or too sluggishly to sustain cash flow. Planned growth facilitates him to plan his capital requirements in advance and to guarantee that funds are accessible when one needs them. A detailed Business Plan allows one to scrutinize his results against a prearranged set of objectives and performance principles (Business Planning, n.d.; Business Plan for a Startup Business, n.d.).
The rationale behind forming a business plan is that one can expect problems that are likely to take place and decide how they should be dealt with in advance. For instance, a lot of small business proprietors spend so much time ‘putting out the fires’. A business plan often helps an individual to justify his deeds. Often, one chooses to do something because it ‘sounds’ or ‘feels’ right. Preparing a Business Plan compels one to confirm the validity, or at least consider the logic behind one’s plans. Business proposal implies one’s capability and commitment. It is a remarkable document if it is well prepared. It helps us to convince the outsiders for example, lenders and suppliers that one comprehends the business. It is a long-standing management tool by which decisions can be taken for the future that best suit with the intentions of the business. The business proposal helps in scrutinizing and assessing the new business opportunities, proposes a case for finance, and portrays a lucid picture of the business and its prospect. The business objectives should be kept in mind. In the long-term, what is the intention of the business to attain any certain
It is similar to a road map since it tells an individual what to anticipate and what alternative roads one can take to attain one’s destination. Several research studies have specified that thriving small business managers set…
Reflection is a process of generating meaning from experiences by considering actions taken with the aim of improving upon future decision-making.Reflective strategies help in identifying gaps in knowledge,skills and learning needs.
The process of communication generally remained one way where the coach delivered his or her lectures, dictated the related practices, and the learner would imbibe the information obtained and act accordingly. Thus, traditional way of learning provides the coach with considerable command over his or her disciples.
In this context Reflective Learning and Reflective Writing are helpful tools that can easily reciprocate the impact of learning process on the learner. For me, an international student from Saudi Arabia, studying in United Kingdom has been an unforgettable journey because of the plethora of pleasant experiences, cultural benevolence, skills and knowledge (both subjective and objective) I gained.
According to the paper, Van Manen’s caring outlook on teaching profession should be noted here. He assumes that teaching is not only governed by principles of effectiveness but also by special normative, ethical or affective considerations. One can not simply skip the theory of reflective judgement.
Thus, traditional way of learning provides the coach with considerable command over his or her disciples. However, in the twentieth century, this trend of teacher to student communication changed radically.
Unlike speaking, writing is a formal and planned act of communication that requires basic knowledge in spelling, grammar, punctuation, vocabulary, and sentence structure. One has to follow writing rules in order to come up with an effective paper. More
There are students who have discrepancies and faces problem in their everyday life, for example, they might find difficulties in oral expression, written expression, listening, reading, mathematics and calculations, reasons, etc. Therefore, it is important for teachers to be very vigilant and careful while looking after special children.