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How To Write a College Application Essay. Most college institutions require application essay before getting accepted. This should be seen as a chance to prove your greatest skills! Your application essay can help you stand out from the rest of the candidates and get noticed by the admission board. Unless you abide by an adequate set of rules, it can be pretty hard to write a college application essay. So, well guide you through the easiest methods and most essential aspects of writing an Process essay.

College Application Essay: How to Begin Writing It. First things first, you cant possibly get accepted into a good college unless you start with a compelling and engaging introduction. To do so, you should brainstorm an adequate subject which expresses your personality and your greatest accomplishments. The manner in which you begin your application essay is essential to Essay, how well it will be received. So, you'd better take your time and in the attic quotes focus during this phase. As you start the Process Drama writing process, the two most useful pieces of advice from admission committee members are to show who you are and to for his stages, make your point clear. Brainstorming is of great importance.

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In most cases, the prompt is Process very complex and in the attic open to Process Drama Essay, interpretation. Take enough time to meditate upon it and analyze it. After making sure that you are aware of the precise question of the prompt, list out all of the president possible topics you could approach in response to it. For instance, lets say the prompt requires you to Process Essay, write about an important transformation that occurred in your life. In that case, you could talk about moving to another city or joining a band.

Afterward, write for approximately ten minutes without pausing. This way, youll make sure that youre able to write down all of your ideas. The brainstorming process will aid you in determining your subject and will ease up the outlining phase. When dealing with a college application essay, flow is crucial. This is why you need to structure your writing in a manner which doesnt divert attention from your thoughts. In case you started off later than expected, this also has a great potential for saving time. Devise a draft of all of the ideas you wish to express in your paper. Draw inspiration from other essays. With the right organization, you could do away with a great deal of anxiety.

Take a look at Catholics' are to Find Talents, the following college application essay recommendations, and it will be much easier for you to get started: Use description instead of jean is well for his of narration: If youve taken a look at Drama, some essay examples, youve probably noticed that the most successful papers use description rather than provide a straightforward narration of occurrences. In addition to making the essay more captivating, this will also display your viewpoints better. Dont forget that admission committee members are not familiar with you in person! This can be both favorable and unfavorable: favorable because you have a shot at making an awesome first impression and unfavorable if you dont know how to sell yourself right. Command of president and assholes language: Seeing as youre dealing with a college application essay, you should show that you are someone who is prepared to start college. To this end, avoid all sorts of writing errors and utilize words which are sophisticated and efficient. To put it otherwise, do not automatically add random words from the synonym dictionary or use sophisticated lexicon excessively.

To augment your writing, utilize fancy terms. The worst thing that could happen is sounding condescending or amusing. Be concise: Convey your ideas in as few words as you can. People dont like reading a whole paragraph that could easily be expressed in a single phrase. Sentence organization: Your sentences should be neither splintered and hectic nor excessively long. In other words, to enhance efficaciousness and flow, your sentences should be of on Training For Combat The Last different sizes. Process. Peer revisions: While it would be a good idea to jean, have someone revise your paper for language and morphology mistakes, you should avoid asking too many people to piaget known for his stages, look over Drama Essay, your essay, as you may end up feeling puzzled.

You should also revise the essay by yourself. A great tactic is to look at other essays and Essay Decade compare them to Essay, your own. Of course, that doesnt mean you should reproduce their structure, but no one says you cant use it as inspiration. President And Assholes. Analyze the prompt: As indicated earlier, an Process Drama Essay essential aspect to consider during the prewriting stage is analyzing the prompt. Read the following college application prompts and Process Drama take a look at the manner in which we dissect them: Discuss a person who has inspired you: If youre required to talk about an individual who has exerted an impact on your life, dont talk about famous historical figures. The admission officer who will be reading your paper knows very well that Winston Churchill was a great personality. Instead, you ought to concentrate on your own perspective. Talk about the way in which the person changed you and your viewpoints as well as how he or she stimulated you to change.

Why do you wish to attend this college? This supplement question is often amazingly difficult to respond to. Rather than using general statements such as because it is a respectable institution, try to jean, be specific in your answer. Uncertainty In Illness Theory. For instance, if you want to get admitted to a medical college, a good idea would be to write a sentence such as Studying medicine is my lifelong desire and your medical department has an astonishing reputation. Colleges are searching for students who can see beyond prestige and rank. Talk about your favorite book: Dont respond to this prompt by writing a synopsis of a book you love. The perfect way to go about Drama Essay, it is to discuss the way in which the book influenced you and why you relate to it. Mention the reason for which the book defines you. When dealing with college application essays, you should always give a sincere response.

Do not opt for a book simply because its a classic one. If you dont really love the Process Drama Essay book you write about, the reader will figure it out. Present an important extracurricular activity: This prompt offers you the chance to , discuss a moment in which you learned something meaningful. Talk about a provocation which stimulated you to president and assholes, escape your comfort zone and become more mature. You should regard this as a chance to account your story and Essay emphasize your greatest features. College Application Essay Formatting Requirements.

When it comes the format of your paper, comply with the following guidelines: Use the Process Drama Essay Times New Roman font with 12-point letter size Use double spacing Margins must have the size of 1 Add an indent to each paragraph Last name and the page number appear at top left corner of the page As a general rule, college application essays have a relatively short length (400-600 words) Ways to Approach the Common Application. The Common Application enables you to apply to more or less 700 different colleges. Year after year, these institutions offer students the on Training For Combat The Last possibility of opting for one of the 7 common prompts. Read on to find out the common college application essay questions provided for the 2017-2018 year. Some students have a background, identity, interest, or talent that is so meaningful they believe their application would be incomplete without it.

If this sounds like you, then please share your story. Essay. [No change] The lessons we take from obstacles we encounter can be fundamental to later success. Recount a time when you faced a challenge, setback, or failure. How did it affect you, and what did you learn from the experience? [Revised] Reflect on uncertainty theory, a time when you questioned or challenged a belief or idea. What prompted your thinking? What was the outcome? [Revised] Describe a problem you've solved or a problem you'd like to solve. It can be an intellectual challenge, a research query, an ethical dilemma - anything that is Process Drama of personal importance, no matter the scale. Explain its significance to you and what steps you took or could be taken to identify a solution. And Assholes. [No change] Discuss an accomplishment, event, or realization that sparked a period of personal growth and Drama Essay a new understanding of yourself or others. [Revised] Describe a topic, idea, or concept you find so engaging that it makes you lose all track of time. Why does it captivate you? What or who do you turn to when you want to learn more? [New] Share an Catholics' Find God-given essay on any topic of your choice.

It can be one you've already written, one that responds to a different prompt, or one of your own design. [New] While all of Process Drama Essay these prompts may seem like a piece of cake, at mishel's, first sight, responding to them in a compelling and meaningful way is not so easy. Take a look at our ideas on how to approach each prompt: Prompt 1: Write about yourself and your story. Seeing as the prompt requires you to talk about your personality, you should mention things that are special about you. Dont talk about matters like high school achievements. Admission committee members already know about those things from your application. Talk about your family history or specific hobbies that define your individuality.

Make sure you are imaginative and truthful. Process Drama Essay. Prompt 2: Facing obstacles. In some cases, displaying your best self can be accomplished by presenting your flaws. Write about a difficult period in your life and explain how you managed to prevail over the circumstances. And Assholes. This way, youll demonstrate your bravery and Drama the fact that you can keep going when you are confronted with challenges. Regardless of the and assholes amplitude of the challenge you discuss, you should concentrate on the impact it exerted on your life. Prompt 3: Ideas and Essay convictions. A modification of viewpoint could represent a very intense account. In case youve experienced a specific event you can describe and meditate on, this is the prompt you should opt for. An ambiguous paper regarding an actual political matter would show next to nothing about your personality; therefore it would be a failure.

Prompt 4: An answer to an issue. This prompt gives you the opportunity of Pursuit in The Great talking about something you truly care about. Describe the Essay way in which you encountered the problem and explain why you believe it should be solved urgently. Prompt 5: Maturity and insight. This might be one of the hardest prompts on the list. For Combat Over The Last. You can either talk about a crucial situation in your life or describe a more trivial time of awareness that modified your viewpoints. Explain the way in which that event stimulated your personal growth and changed you as a person. You should also mention what you learned from that moment. Process Essay. Prompt 6: Keen interest. This prompt represents a completely new addition to the common applications.

It offers you the possibility of talking about mishel's uncertainty in illness, things that are important to you. Colleges are on the lookout for students who are concerned about the environment and like to Process Drama, engage in specific activities. Uncertainty. Prove your thoughtfulness and Process talk about who or what stimulates you to follow your passion. Prompt 7: Full liberty of answer! For this alternative, there arent any specific guidelines. You should choose this topic if youve been influenced by one of the papers youve written as part of other assignments, or if you have a specific question that you wish to Drama Essay, find answers to. Is Well Known For His Stages. Keep in mind that you need to Process Essay, highlight your significance! Your essay should include responses to how and why questions. A Successful Scholarship Application Essay.

Scholarship essays are somewhat different from mishel's theory, typical college application essays. Nevertheless, you should stick to the same guidelines. Drama Essay. Your target is to prove your originality, enthusiasm, and individuality. When writing a scholarship application, it is essential to accentuate how you can contribute to the college youre aiming for. Dont think twice to put yourself out there and present your best features first. Typical Varieties of Fitzgerald Explores the Jefferson´s Pursuit in The Great Gatsby College Application Essays. The Common Application doesnt constitute the sole platform for this type of essays. A lot of institutions demand their own style. Next, well describe some standard platforms which also require college application essays, and well tell you how to approach them. While the Florida State University doesnt ask for an application essay, its advisable to send them one. Process Essay. Your paper should feature less than 650 words.

You ought to opt for one of the subjects listed below: Talk about a personal experience that either displays your personality or helped model it. Talk about a time in which you substantially contributed to other people, with the greater good in mind. Describe the Catholics' Goals are to Find Themselves God-given provocations and recompenses of making that contribution. Talk about a moment in which one of Process Drama your most precious or well-established convictions was challenged. Mention the way in which you answered. Attic. Discuss the Process Drama Essay way in which the challenge modified your beliefs.

Now take a look at the prompts for the FSU Application Essay: Prompt 1: Here you should discuss your hobbies, positive features, and previous experiences. Talk about Explores of ‘The in The Great, all aspects that define your personality. Concentrate on a particular quality you wish to Process Drama Essay, underline. Prompt 2: Generosity represents a great personality feature. Concentrate on the way in which youve made a contribution to president and assholes, society and describe how you felt. Prompt 3: This is virtually the Process Drama same as the third prompt on the Common Application. The University of California institution requires you to opt for 4 out of 8 essay questions.

This is definitely not easy, seeing as youll need to write much more content than for other colleges. To figure out what needs to be done, you should take a look at Drama, a great deal of Over other essay examples. Talk about an instance of your management experience where youve exerted a positive impact on other people, aided them in settling conflicts or played a part in group endeavors in the course of Drama time. Each individual has a significant part. Creativity manifests itself in a lot of ways, like problem-solving, unique and Goals Find Themselves and their Talents Essay pioneering thinking or art. Talk about the way in which you demonstrate your creativity. Talk about Drama Essay, your best talent or ability and the way in which youve cultivated and Goals Find Themselves proven that talent in the course of Process Essay time.

Talk about how youve profited from an important learning opportunity or struggled to Themselves and their God-given, prevail over a learning impediment youve confronted with. Essay. Talk about the most important provocation youve been confronted with and what you did to prevail over this provocation. Catholics' Goals Are To Find Themselves Talents. How has this provocation influenced your educational accomplishments? Present your preferred school subject and describe the way in which it has impacted you. Talk about what youve done to change your school or society for the better? Describe the feature that makes you stand out from the other applicants who wish to get accepted into Drama Essay the University of California.

Now lets have a look at the prompts: Prompts 1, 4 and 7 You need to talk about your commitment to your surroundings. Discuss the influence the the Jefferson´s Ideal of Happiness’ Great external world exerts on you and your decisions. Describe the way in which you dealt with obstacles. Prompts 2 and Drama Essay 6 Talk about yourself and your individuality. Present the uncertainty aspects that define your personality. Reflect on your convictions and features and describe the way in which they shape your character.

Prompts 3, 4 and 8 Discuss your accomplishments. Mention your best achievements so far and Process talk about what makes you proud. You could also talk about the way in which youd like to advance and mature. The National Honor Society is an establishment that places a high value on management skills, service, personality, and education. It grants you the possibility of applying for several scholarships, provided that you stand out from the other students. After your nomination, you are required to forward an essay. To be successful, you need to consider several aspects. Sell yourself right! Your target is to be perceived as an exemplary applicant who appreciates knowledge and orderliness. Essay. Discuss your enthusiasm for service, your educational achievements as well as your leadership roles. Mention the aspects for which you are a powerful applicant.

Provided that you give the Drama Essay right responses, youre bound to get accepted into the NHS. To apply for RU, you need to hand in an essay. You can opt for one of the five prompts. Present an instance of Process Drama your management experience in which you exerted a good impact on other people, aided in settling conflicts or made a valuable contribution to group endeavors. In general, the essay prompts are similar to Catholics' Find and their Talents, those of the Process Essay Common Application. Prompt 1 You need to use narrative to present an occurrence which shaped you and emphasizes your top features. Focus on the impact it exerts on you. The magnitude of the event is flowers in the attic quotes not of importance.

Prompt 2 Talk about the way in which you influence the world around you and the people in it. This prompt is a great choice for service individuals. Prompt 3 This one is pretty original, as it requires you to Drama Essay, think of what youd tell your younger self if you had the opportunity. You shouldnt talk about remorse here. Mentions some aspects that you value nowadays but you didnt regard as important when you were younger. This prompt is an excellent way to highlight personal development.

Prompt 4 Here you have a complete liberty of response. Make sure you are creative enough! While the University of Central Florida doesnt see the essay part as mandatory, its advisable to turn in a paper. Your essay must include between 500 and 7000 words. You can choose to answer to any of the are to Find and their God-given Talents three questions listed below: In what way have you been influenced by your family history, society or surroundings? What is the reason for which you decided to apply to Process Drama, UCF?

What features or original traits will enable you to make a valuable contribution to the UCF community? Now lets talk about the UCF prompts. Prompt 1: Discuss your family history as well as the elements that express your individuality. Talk about the way in which youve been influenced by your environment and your upbringing. Prompt 2: Give a sincere response. Talk about why you want to attend UFC and how you can contribute to it. Mention your aptitudes, passions and flowers quotes unique talents and the way in which they mirror your personality. Highlight your top features. Still Have Trouble with Your Application? We know very well that writing a college application essay is Drama far from being an easy task.

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Create your free Business Plan now. Make an investment-worthy business plan easily with our free template. Select a Industry Fill in Process Drama the Form. Complete your Business Plan. Print and Download For Free. Business Plans: Writing Guides, Downloadable Templates, and Samples. Updated February 15, 2017 by Legal Templates. 1. President? Free Business Plan Template Download. Are you an entrepreneur looking to download a free business plan? If so, you have come to the right place.

Legal Templates is happy to provide you with a hassle-free document downloads. Process Essay? Click the buttons below to download (1) a blank document, and (2) a document that is filled in for you to quotes, reference. Related Business Documents: Click to Drama Essay, View. Whats included in the blank template: In the first download, you will find documents with all of the chapters, section titles, and president, section subtitles that you will need to successfully complete your plan. Essay? Our first plan contains the 8 chapters of a basic business plan including: Chapter 1: Executive Summary: The executive summary provides investors with a general layout of your company. This chapter is essentially your hook to convince potential financiers that your model is worthy of in the, their investment. Chapter 2: Company and Financing: In this chapter, the goal is to outline the legal and operational structure of your company, financing requirements, the history behind the company, mission statement and the management team.

If you are forming a corporation, be sure to include your Articles of Incorporation here. Chapter 3: Products and Services: This section describes what products and/or services your business will sell (now and in the future), and Process, how you will build, assemble and deliver them. It also offers a comparison of your company and your direct and in the quotes, 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 Process Drama them , and the Jefferson´s Ideal of ‘The Pursuit of Happiness’, the latest trends among these consumers in terms of growth and behavior. Chapter 5: Marketing and Process, Sales: The marketing and sales chapter allows you to describe how you will sell your product/service. Fitzgerald Ideal Pursuit Of Happiness’ In The Gatsby? Particularly what are your companys strategies for positioning, pricing, promotion and Process Essay, distribution. Chapter 6: Strategy and Implementation: This chapter will give you an in the quotes, 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 the creation/expansion of your idea, including its expenses, your anticipated sales forecast, personnel plan, cash flow assumptions, and Process Drama Essay, more. If you are purchasing an mishel's theory, existing company, you should also include the business purchase agreement in your plan. Whats included in the template with sample text: In the second download, we give you a completed ice cream shop plan to reference. Each section gives an example of what you should write. Our guide also includes example graphs and Drama, charts, so that you are aware of the types of financial calculations, plans, and forecasts that a plan should offer to 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 in the, articles below. Downloading this small business plan comes at no cost, so feel free to Fitzgerald Ideal of Happiness’ Great, 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 experienced writer. Writing a business plan is a prerequisite to your companys success. A solid plan is necessary to help found your company and ensure that your goals remain on track over time.

Your plan can and will change as you encounter the Catholics' are to Themselves Essay unpredictable variables that come with starting your own company. If you have an existing company, crafting a solid plan is Drama, equally important if youre hoping to attract investment and expand your company beyond the limits youve already reached. Your business strategy should account for flowers in the attic the next 3-5 years in advance, and cover every aspect of your industry, including the critical relation between marketing and sales to your companys finances. Your plan should include the following sections before you submit it to Process, investors. Click each accordion to For Combat Over The Last Decade, read a how-to guide for each chapter: How to Write a Business Plan Table of Process Drama Essay, 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 rest of your plans 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. Process Essay? If you are seeking financing, the executive summary is your first opportunity to grab a potential investors interest.

The executive summary will be the first chapter of your business plan, though its actually the last section that you should write . First, youll need to do heavy research to 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 companys executive summary will need to be interesting and convincing to Catholics' Talents, capture the attention of investors. Your company will lack the historical data and trends that existing companies are able to Process Drama, provide, but there are strategies to mitigate these factors. First, youll need to briefly explain who you are, the background of your management team, and your reasoning behind starting a business in your chosen niche. Secondly, youll need to demonstrate that youve done quality research that supports how youve conceptualized your business. Investors know that talk is cheap do you have the data and Essay The Last Decade, 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 Drama Essay web. We suggest the following basic template feel free to Fitzgerald Explores Ideal of ‘The of Happiness’ in The Gatsby, add or subtract sections according to your own needs: Summary Management Team Products and Services Customers Marketing and Sales Financial Forecast Financing Requirements (optional) Describe the purpose of the plan (e.g.; to raise a specific amount of Process Drama, debt financing to expand a store location) as well an overview of the Explores of Happiness’ company (name, location, company type, products sold, founder(s) and founding date). Describe the key milestones or objectives that you want to achieve with this business (these are the Drama Essay 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 stages management team, including highlights of their expertise and Process Essay, experience . Describe how each member contributes to the success of the 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 more detail in of ‘The Pursuit Great Gatsby 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 Process Essay the Marketing and Catholics' Goals God-given Talents, Sales chapter, which may include market positioning, pricing, promotion, and distribution. Summarize the Drama Essay 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 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 uncertainty in illness use of the funds, and when you expect to reach your next milestone event and/or start paying back the loan.

Keep this at an overview level , as you will go into more detail later on 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 Process Essay 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 raise. With these sections fleshed out, youve 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 management team is critical for Essay both start-ups and established companies alike. 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 Facilities (optional)

There are many variations and approaches on how to lay out the various components of , a business plan. Our approach for the company overview section is to provide the reader with the companys legal information, address and a brief description of the companys history. Since there are follow up sections in this chapter that over go the Essay companys 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 best determined by Essay Over The Last, a credible Attorney. The primer below is meant only to explain the Process broad differences between the most common company types. A sole proprietorship, according to the IRS: A sole proprietor is someone who owns an unincorporated business by him or herself. While the most simple to set up and the most common, there is a significant drawback: you will be personally liable for any obligations. So for jean piaget is well known for his of 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 Drama Essay, the IRS: A partnership is the relationship existing between two or more persons who join to Find Themselves God-given Essay, carry on a trade or business. Each person contributes money, property, labor or skill, and expects to share in the profits and losses of the Drama company. A partnership has certain advantages compared to a LLC, such as not needing to file formation documents when setting up a partnership, and in illness, not needing to file dissolution documents if dissolving the Drama Essay partnership. However, similar to sole proprietorships, partners in a partnership have unlimited liability for the companys debts and liabilities. Limited Liability Partnerships (LLPs)

LLPs are different from traditional partnerships in that there are two classes of partners: (1) General partners that have full management and Catholics' Themselves God-given Talents Essay, control but also full personal liability and (2) Limited partners that have no personal liability beyond their investment in the partnership interest. Drama? Limited partners are often times silent partners that wish to invest in the venture but limit their exposure to liability. A corporation is a separate legal entity owned by shareholders. A corporation is Essay on Training The Last, commonplace for businesses that anticipate seeking venture capital financing. The downside to Process Drama Essay, a corporation is the problem of double taxation since the corporations 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 in illness theory, have your corporation not be taxed at the corporate level (instead, it would be taxed as a pass-through entity). Some of the are to Find and their drawbacks include not being able to have more than 100 shareholders , and not being able to have non-US citizens/residents. A popular choice among many small businesses , a LLC limits the Process Essay members 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 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 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 in the attic quotes, especially those seeking financing, the Management Team section is especially critical. With the lack of Process Drama, 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 teams ability to execute on the stated goals. To accomplish this, you should highlight:

Background of each member of the Explores the Jefferson´s Ideal of ‘The Pursuit Great Gatsby management team (education, relevant work experience, etc.) Roles and Process Drama Essay, responsibilities within the flowers in the company. Tip: Dont include details about Drama Essay members of the Management Team that are not relevant to the reader. Everything presented should reinforce why your team is the right team to Explores the Jefferson´s, execute on the companys 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 capability to manage growth of the company. Process? 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 businesss 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 Board of Directors is elected by the shareholders and is the is well known stages of highest authority in the management of the company. For our purposes (context of a private company that is most likely a startup or small but growing business), a Board of Directors is comprised of investor(s), founder(s), CEO and independent board member(s) who have substantial business and Drama, industry experience.

A Board of Directors typical responsibility is to set broad policies for the company, determine compensation for company management, and approve annual budgets. An advisory board is a group of Fitzgerald Explores the Jefferson´s of ‘The of Happiness’ Great Gatsby, business leaders that can help guide your company and provides it with assistance when needed. Choose individuals with knowledge in your industry and Drama Essay, are willing to play a role in your company . While some advisors are compensated, it comes down to in the, a case-by-case basis, frequently depending on Process Drama Essay, how much time the attic quotes member is committed to your company. Tips on building your Advisory Board: Choose a well-respected and Drama, well-known individual as the first member of your Advisory Board. This will help you to Explores the Jefferson´s Ideal of ‘The Great, recruit other members of the Process Drama Board. Choose individuals that have strengths and relationships your business will need.

As your business evolves, so will the in the quotes members of your Advisory Board. Feel free to Process, shake up the line up over time. In this section you will tell the reader how much money you need to jean piaget is well stages, raise, what you are going to use it for, and Process Drama Essay, 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 Drama entire writing process and in particular, complete the Essay on Training financial planning process. Only then will you be able to identify the Essay amount of Catholics' Themselves Talents Essay, 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 Process Drama, backed by your assets or via a personal guarantee. 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 Essay a specific sum of money from an investor . Therefore, the amount you are able to 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 its equity or debt), that most likely means that your financial model shows your company taking a loss in the initial stages, followed by Drama Essay, break-even and subsequent profitability. The money you are seeking to Over, raise will simply allow you to Drama, have enough cash to on Training Decade, cover the Process Essay initial period where you will be taking a loss so that you can eventually make a profit. This is a simplification; you may be raising money to further grow your company, which may already be profitable. Or you might use the financing to get your product to the next stage in its product development lifecycle (i.e.; milestone event). But the general concept is the same; the investment you are seeking bolsters your companys 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 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 Fitzgerald Pursuit in The Great Gatsby, answer, especially for 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). 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 companys value by analyzing the market value of Essay, its assets. In other words, in this approach the company is worth the sum of uncertainty, all its assets if they were to Essay, 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 the asset). However, for many companies the value of its branding and Essay on Training, reputation, along with its ability to generate profits, will exceed the value of Essay, its assets.

The market approach seeks to determine a companys value by analyzing recent sales of similar assets, with the theory that valuations of similar companies can serve as a good proxy. This is a common approach in the real estate industry. The income approach seeks to determine a companys value by are to Find Themselves and their Essay, using its expected profit over time and then placing a value on that future stream of income in Drama Essay todays terms . Since there is inherent uncertainty with a future stream of mishel's uncertainty in illness theory, income, there are numerous ways to Process Drama, discount that expected income to account for risk. Now you have all the and assholes pieces to complete the equation. You have the Process Essay amount of money you need by looking at cumulative cash flow. You also have an idea of Goals Find Themselves Talents Essay, 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 Drama Essay, the loans interest rate and mishel's theory, payment schedule. Make sure you will be turning a profit that is Essay, both large enough and soon enough to ensure there is no delinquency on servicing the loan.

For equity financing, answer the 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 president, 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 Drama Essay, loan payments. In addition to the information above, you should also summarize how you plan to use the funds. Known For His Of? The level of detail should be at a high level ; if the investor or lender wants to see expenses in Drama more detail that will be available in the Appendix within the Profit/Loss statement.

Construction of in the attic quotes, 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 Essay, credit may be a good choice. With a line of credit you draw upon it when you require the funds and pay interest immediately on the money as it is borrowed. Fitzgerald Explores The Jefferson´s Ideal Pursuit In The? It works very similarly to Process, a credit card in 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 credit with assets, you may be able to president, get better terms.

In the Quick Start Guide we briefly went over the different strategies available and how thinking about Essay your companys eventual exit will help shape your business model. Its recommended you review the mishel's uncertainty in illness 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 VCs demand a large return on their investment since they are taking a large risk by Drama, investing into 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 are to Find God-given Talents Essay, demonstrate your business has the Drama potential to either take substantial market share from an incumbent competitor, or create a new market. Investors like to be in Fitzgerald Ideal of ‘The in The Gatsby hot, growing industries such as biotechnology, mobile e-commerce and healthcare. These are all industries that have huge upside growth potential and ones that investors are more inclined to Process Drama Essay, invest in. Solving a larger companys problem. If your exit strategy is to sell your company to a larger company, then identify how your companys product solves that larger companys stated problems and/or goals. For example, Apples mapping software is playing catch-up to Google Maps. Catholics' Are To Themselves And Their Essay? 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 Drama company. Its a statement your employees and customers can get behind.

Some tips on writing a well-crafted mission statement: Keep it short. 1-2 sentences max. Dont use fluff words. 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 serious diseases. Why its great: The keywords discover, develop and deliver demonstrate the companys capability to in delivering an end-to-end solution.

By using the words innovate and flowers in the quotes, prevail over serious diseases it serves as a rallying call for Process their thousands of Goals and their Essay, employees that what they are doing is Drama, (1) cutting edge and (2) has a higher purpose then themselves. Mission statement: We will be the easiest pharmacy retailer for customers to use. Why its great: In one short sentence, the company has managed to (1) describe what it sells (2) how it will win in the marketplace. It is Process Drama, a pharmacy retailer and it will solely focus on making itself easier for the customer to 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. On Training For Combat The Last? FORTUNE 500 FOOD AND BEVERAGE COMPANY. Mission statement: The Companys primary objective is to Essay, maximize long-term stockholder value, while adhering to the laws of the jurisdictions in which it operates and at all times observing the Drama Essay highest ethical standards. Why its horrible: It does not serve as a rallying call for uncertainty in illness theory 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 Process, keeping a diverse work force that reflects the nature of Essay The Last Decade, our global business. Why its horrible: While a diverse workforce is certainly not a bad thing, only Process Drama, stating that as the companys mission statement is for his of, ineffective, lacks direction or focus, and completely misses the point of having a mission statement. This is Process Drama, predominately for businesses that have previous trading history, but can also be used by new companies that want to highlight relevant history on piaget is well, how the company came to Drama, 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 the level of detail you want to include. This is Goals are to and their God-given Talents Essay, dictated by the relevancy of the information to the reader and how this information helps strengthen your plans ability to build credibility for Drama your company.

Every company is made of in illness, milestones. Milestones for a business are achievements that demonstrate the business is on the right track. They are best when quantifiable and Drama, measureable. For example, achieving a working prototype of your product, or getting to break-even, are both huge milestones that showcase your ability to execute and reduces subsequent risk of your company. Key concept: The more uncertainty that you can take off from the table, the better valuation you can get for your business. For businesses that have a retail or manufacturing component, this is an Explores the Jefferson´s Ideal of ‘The Pursuit of Happiness’ Great Gatsby, 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 consumer products. If possible, provide statistics about the retail location you have chosen or are planning to Drama, choose.

Describe the Fitzgerald the Jefferson´s Ideal of Happiness’ Gatsby lease terms you are able to secure, and Process Drama, if there are any laws that protect the lessee from unreasonable price increases. Fitzgerald Ideal? You can read a detailed article about what to look for in a lease agreement here. Provide detailed information on Process Drama Essay, the manufacturing facilities. Catholics' Goals Are To Find And Their God-given? For example, your operation may require a reliable source of Drama Essay, electricity and water. Describe how the facility provides the business with these resources. If the facility is president, pre-existing equipment or structures that can be leveraged, make mention of Process, 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 president, employee recruitment and fundraising perspective.

If you operate out of Process Drama Essay, 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 your business plan. Writing the Products and Services Chapter. The products and services chapter of your business plan should be written clearly and descriptively, to known for his, 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 Process Drama Essay, Services Competitors Sourcing and Fulfillment (optional) Technology (optional) Intellectual Property (optional) Future Products and Services (optional)

Your products and services are the is well for his stages of lifeblood of your business its what your customers need, and Process Essay, if you get this right, everything else will follow . Commonly referred to as product lift, which essentially means getting the secret sauce working. Catholics' Themselves God-given Talents Essay? It means that customers want to buy your product/service, and you are filling a need that was previously not satisfied. Thinking in terms of Process, benefits vs. In The Attic? features. What is the consumer really buying? For example, a person buying a Rolex watch is Essay, not only buying a device to tell time, but the prestige and status that comes with a luxury product. Think about and assholes 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 Process Drama Essay, sell, think through the features it will provide, packaging, design, branding, quality, and other aspects that help position and/or differentiate it from competing products/services. You may have heard the Catholics' are to Essay business adage that acquiring a new customer is indefinitely more expensive then keeping an existing customer.

One of the reasons this is Drama Essay, true is the jean piaget known of potential to sell additional add-ons, upgrades and Process Drama, substitute products/services to existing customers . Think about how you can drive incremental revenue. Whether its 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 in the you to describe your pricing strategy; however it is advisable to start thinking about Process Drama how you want to price your products/services. Competitive analysis is an extremely useful tool and 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 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 Drama, find you Look up industry association websites Look up directories such as Yahoo or Crunchbase Use Indeed.com to president and assholes, find your competitors job openings Competitors websites Find your competitors management team members on 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 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 Drama, competing in yet, dont expect that you will be alone for long. Sourcing is 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 managing your suppliers: Cost: This is an obvious one the lower the price, the jean known of higher your profit margins will be.

Payment terms: The longer you have to pay your suppliers, the more working capital you have on hand. Reliability: You must consider how reliable your suppliers are and what would happen to Drama Essay, your ability to operate if they cannot deliver. Scalability: As your business expands, will your suppliers be able to mishel's theory, meet your needs? Fulfillment is simply the process of how your company delivers its products/services, from point of Drama, sale to , delivery. There are several popular fulfillment options:

Engineer to order: the product is designed and built to customer specifications (e.g.; large construction projects) Build to order: the products design is standardized but manufacture of final product is based off of customer specifications (e.g.; aircraft and yachts) Assemble to Process Drama Essay, order: the product is assembled to Catholics' Goals God-given Talents Essay, the customers specifications using pre-fabricated components (e.g.; Chipotles burritos, Dell computers) Make to stock: the product is Drama, manufactured in quantity based on Explores of ‘The of Happiness’ Great Gatsby, expected sales of the 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 Drama, how you forecast the amount of inventory you need to meet your projected sales. Explores Pursuit Of Happiness’ In The Great Gatsby? Too little inventory and you may not be able to meet demand. Too much inventory and Drama, you tie up all of your cash on excess inventory. Some key points: Have accurate sales forecasts. Use historical sales data if you have it, and make sure you account for seasonality. Have accurate inventory tracking.

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 todays business environment is becoming more and more important and serves as a source of competitive advantage. Take Wal-Mart or FedEx as two examples of companies that provide services (low-cost products and mishel's in illness theory, shipping), but utilize technology as a critical means of delivering those services. Wal-Mart uses a sophisticated supply chain management IT system to ensure its low prices. FedEx uses technology to optimize delivery routes and times, which enables it to Drama, 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 your business, you may want to create back-up copies of data and software, routine security checks, and quotes, securing physical assets.

What would happen if you lost access to the technology? Think about alternatives that you could utilize. For example, if you license a piece of Process Drama Essay, software and later down the road decide that the and assholes cost is too high, is there a competitor who can license you an Process Drama, alternative? If you have exclusive rights to a technology, either through a patent or through an exclusive license agreement, this is a great competitive advantage and one that you will want to describe in detail. There are two types of intellectual property that may be applicable to piaget is well for his, 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 Process Essay, advisable that you seek the professional advice of 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). President And Assholes? 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 a trademark for Process Essay 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 Explores the Jefferson´s Ideal in The Great Gatsby, architectural designs. In 2011, counterfeit copyrighted and Essay, trademarked goods were a $600 billion dollar industry worldwide. Decade? 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 Process Drama, your employees and contractors. It is just as important to president, secure your intellectual property in relation to your employees and contractors.

Everyone should be required to sign an Process Drama Essay, invention assignment agreement, which basically states that the company owns all works produced while contracted by the company. In addition, you may consider handing out serialized notebooks for piaget known stages of employees to use , so that if there is ever a conflict as to whom owns a piece of intellectual property, there is Process Essay, a physical record. If you have future products and services planned, it is For Combat Decade, 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 Process Essay, encourage new customers. During this phase, you may focus on expanding your product to new segments in 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 further differentiate your product from competitors. Marketing spend for your product starts to dissipate as sales of in the attic, your product are in steady decline. After including all of this information, youll have completed the products and services chapter. Writing the Customers and Market Analysis Chapter.

The customers and market analysis chapter will give you an opportunity to describe what your customer segments are, what needs you are filling for them, and how these groups of customers are trending in terms of 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 market overview section you are going to calculate the Drama total market (referred to as Total Addressable Market) for your products, and Goals Themselves and their, then the Drama segment of jean known, that market your business can capture.

Total addressable market can be thought of in several distinct levels. At the Process highest level is an estimate of the total market given 100% saturation. Another way of mishel's uncertainty in illness theory, looking at this is what would be the total market if one company had 100% market share. Once you have the total addressable market, then you can estimate what percentage of this you can realistically capture. This, of course, is much harder to Drama, 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 and assholes the downtown area and research the average annual sales for each restaurant. Process Drama Essay? Then multiply the two to get the and their God-given Talents Essay total sales for all high-end restaurants. This would be your total addressable market. Using the 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 Process Essay market, thereby decreasing all other competitors shares in the market. Or you might offer cheaper prices, which you assume would take a larger percent of the mishel's theory market. Whatever your assumption, make sure it is Process Essay, well documented and logical. To obtain jaw-dropping product-lift you must solve a difficult and theory, painful problem for the customer. And if there are competitors, you must solve the problem better than them, and enough so that customers are willing to switch to Process Drama, your company. Describe what problem your product is solving.

If you are targeting multiple customer segments, make sure you go into detail on how your product serves each customer segment. Describe how your solution better solves customers pain points then your competitors. We as consumers are inherently lazy. We do not want to go through the time and jean piaget is well known for his, cost of Drama Essay, switching from one companys product/services unless it is compelling enough, which is dependent on the switching cost. For example, there is virtually no cost to switch from Coke to 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 able to for his stages, overcome customers inherent adversity towards switching products, or if your product is able to Process Drama, 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 uncertainty 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 Process Drama Essay, 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. For example, the Jobs Act of 2012 allowed for the first time non-accredited investors to participate in private placement of piaget is well known stages of, securities. This in Process Essay turn has created a new market for crowd-funding websites to Fitzgerald Explores the Jefferson´s Ideal of ‘The Great, emerge to connect startups with all types of investors. You may be in an industry where political conditions have an impact on Process Drama Essay, the bottom line. For example, if you count the Dept. of Defense as one of your clients, then the across-the-board budget cuts (i.e.; Sequestration in the Budget Control Act of mishel's in illness theory, 2011) would surely have a negative effect on Process Drama Essay, 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 a less advantageous position. 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 president, simply measuring the change in market size from one time period to the next (usually in years). So if the Process Essay market in the first year was $100 million and $150 million the second year, then the market can be said to have grown by flowers attic quotes, 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 Process, government agencies to find much of this research. Being able to demonstrate a market is growing is obviously important for example, the market for Blackberry accessories is clearly a declining market. Most investors and lenders will not want to quotes, 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 Process Drama Essay, add new customers. Your industry is defined as the group of companies that are related to you in terms of in the quotes, what you sell/how you derive your revenue. For example, Ford and Nissan are both in the automotive industry.

Ford and Nissans market (i.e.; customers) would be the 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 industrys dynamics is imperative to knowing its profit potential and attractiveness. A popular framework for conducting industry analysis is Porters five forces analysis, which analyzes an Drama Essay, industrys 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 Essay, little standing in the way for new entrants to enter the market and on Training For Combat Over The Last, compete. If your industry is supplied by Essay, very few suppliers with little alternative but to source from those suppliers, then expect downward pressure on your margins. If your industry only The Last, has a small number of Process, 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 competitors products, and it is mature with little growth (so the only way to grow is to take a competitors 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 Drama Essay most likely to purchase your product/service and account for the lions share of your companys revenue. For many businesses, you will soon realize that a large portion of flowers in the quotes, your revenue comes from a small percentage of your customers. Drama Essay? For example, Starbucks may realize their key customers are white-collar business types that purchase a cup of coffee every day, versus the 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 prices are high, then you should be able to name your key customers individually. In this case, you should describe in detail your relationship with each of them separately. If youve filled out this chapter, congratulations. President? Doing market research and Process Drama Essay, customer analysis is a complicated and time consuming task.

Time to move on to the next chapter! Writing the Fitzgerald Ideal in The Great Marketing and 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 Drama Essay 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 overview section summarizes key findings from the other section. Keep this section at the summary-level, as you will go into Drama further detail in the subsequent sections. Describe how you position your company within the in illness theory competitive landscape. Will you compete on price, or will you differentiate your offering and stand out from your peers? For example, Wal-Mart positions itself as the low-cost provider in Essay 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 flowers attic quotes the marketplace. Drama? There are three primary ways to achieve this: Economies of Fitzgerald Explores Ideal of ‘The Great, Scale: For example, being able to turn more tables in a restaurant or produce more widgets in a factory.

The more you are able to produce from your asset, the cheaper it becomes. It will also be harder for Process Drama your competitors to enter the market since you have fixed assets and piaget is well, experience that requires a large investment. Low operating costs: Keeping costs down across all aspects of the business, including: Standardization: Limited customization Outsourcing: Outsourcing labor to low cost production centers Thrift: Limiting advertising and Drama, RD spend Optimized supply-chain: By lowering inventory and Catholics' Goals and their, negotiating with suppliers, companies can substantially improve their profitability and cash flow. Making your product/service unique by targeting a specific segment of the Process Drama Essay 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 marketing for president and assholes example, Starbucks sells premium coffee at a premium price point, primarily through the strength of their branding and not through the taste of Drama, 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 Fitzgerald the Jefferson´s Ideal of ‘The Pursuit in The Gatsby, price yourself accordingly. Likewise, if you are going for 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 be sensitive to this. The price you set must be high enough to over your costs so you can turn a profit. Process Essay? There are, of jean known stages, course, exceptions. For example, you might want to achieve economies of Drama, scale by maximizing units sold, or you might be maximizing revenue to and assholes, achieve dominant market share. There may be regulatory/legal constraints on 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 Drama, what current customers are accustomed to paying and Catholics' Themselves and their God-given Talents, 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 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 todays environment few companies can afford not to have a strong online presence.

There are a myriad of options available. President? Each marketing channel must be carefully measured for effectiveness, as online marketing can quickly add up and consume a small businesss entire marketing budget. A website is a key component of Process Drama, 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 mouth marketing is by far the Process most profitable and powerful marketing channel available to any business. Jean? New customers that are referred to your business are more likely to purchase and more likely to continue referring your company. There are ways to boost word of Process Drama, mouth marketing, especially with the advent of social media.

For example, asking a satisfied customer to jean piaget is well for his stages of, like your business on Process Essay, Yelp and Facebook will potentially reach hundreds of , their contacts, all with one click. Integrating social media into your word of Process Essay, mouth marketing strategy is invaluable for is well stages 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 participating on public forums and blogs related to your business and adapting the and assholes adage give more to Process Drama, get more.

How will your products be available? On one end of the spectrum is direct marketing, whereby you sell directly to in the attic, your customers. Process? Or if you manufacture your products, you might sell through distributors, who in turn sell to is well known, retailers, who in turn sell to consumers. Process? Three common models: Product is stocked in mass-market distribution channels. Examples include soft drinks, magazines, etc.

Product is specialized and sold through specialized channels. Find Talents? Examples include nautical computers and Essay, tooling/machinery. Product is only sold through an Fitzgerald Ideal Pursuit in The Great, exclusive channel. 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 Process Drama Essay key events that demonstrate progress is in the attic, being made , such as completing the companys 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 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 Drama Essay companys 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 mishel's, a huge milestone.

SWOT Analysis is a useful technique for understanding your companys strengths and weaknesses , while identifying both the opportunities open to your business and the threats it faces. Strengths and Weaknesses refer to internal factors in Process Drama Essay your company, such as: Employees and are to and their, staff Physical assets such as equipment and facilities Financial assets. Opportunities and Threats refer to Essay, external factors facing your company, such as: Market trends Regulatory and legal Macroeconomic conditions Competitors.

Competitive edge can be bucketed into Catholics' Goals Find Themselves God-given Essay 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. Providing the lowest cost may require operating on razor thin profit margins or heavy investment in Drama Essay fixed costs in and their Talents order to achieve economies of 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 . Process Essay? Nordstroms is an example of a company that uses superior customer service as a competitive advantage. Forging strategic alliances is a commonplace occurrence in business. 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 president, opportunity for Drama a partnership in the future and flowers attic, that should be included in Process Drama Essay this section. You might have a supplier who has a disproportionate amount of influence and jean is well known, power of Process, your business. Striking a partnership in this case may decrease those risk factors and jean piaget is well known stages, provide a competitive advantage over your competitors. You might have a large portion of your revenue coming from several key customers. Inking an exclusive agreement to lock in revenue would, for instance, give you predictable cash flow. It is not uncommon to partner with competitors under certain circumstances for example, to set standards for the industry or to help further adoption of a technology. For example, Sony and Panasonic partnered together to increase the adoption of Blu-ray DVDs.

Aligning your brand with another company is Drama, frequently used, especially if both brands are targeting the Over same demographic. For example, Samsung is the official sponsor of the Olympic games and will provide free mobile phones to all Olympic athletes. Upon completing these sections, your strategy and Process Drama Essay, implementation chapter will be finished. Writing the Fitzgerald Explores the Jefferson´s Pursuit of Happiness’ Great Financial Plan, Statements, and Sales Forecast Chapters. Writing the financial plan, financial statements, and sales forecast will be the most difficult part of your entire plan. It requires making a large number of Drama Essay, intelligent assumptions about the size of the stages market you can realistically target, and the costs associated with making your product or rendering your services. These sections are the red meat of your plan these are the Process Essay chapters that any seasoned angel investor or venture capitalist will dig into to make sure they know theyre 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 price in is well for his of which you will sell your products and Process Essay, services, the cost it will take to Explores the Jefferson´s Great Gatsby, produce or sell the product/service, and the number of 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 highly recommended that you first complete the Process Drama Essay following sections as they lay the foundation for defining the sales forecast. Products/Services section: Defines what you will sell and at what price point; also seeks to define the production cost Target Market section: Defines the 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 Process Drama, hiring several sales people nine months from the start of Goals are to Find Themselves Essay, your business, you should forecast an Process Drama, increase in president and assholes sales thereafter. This is the Drama 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 Over The Last price over time for several reasons: Keep up with inflation Keep up with increased cost of mishel's uncertainty in illness theory, raw materials or components Seasonal product discount to offload excess inventory Promote new product discount upfront to encourage sales, then increase later. This is the direct cost of Drama, producing your product/service (at the unit level). Uncertainty In Illness? Otherwise known as cost of Process Drama Essay, goods sold (COGS). Fixed costs: Suitable for are to Find Essay 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 Drama price over time for several reasons: Economy of president and assholes, scale: the more units you produce, the Process cheaper it becomes to produce them Bargaining power: the more units you buy from your supplies, the cheaper they become Seasonality: cost of quotes, raw materials may fluctuate based on Process Essay, time of year. This is the expected number of mishel's in illness theory, 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 Process Essay, your product/service may increase over time for several reasons: Growing market share Finding new markets. Sales tax requirements vary by country and by products/services sold. Drama? In the United States, there is no sales tax at the federal level; however, many states levy selective sales tax on jean is well known for his of, particular goods or services.

Check with your state department of taxation if you are required to collect sales tax. If yes, you collect the sales tax from your customers and then remit the tax to the state each year. If the individual assumptions used for 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 hiring personnel are often the largest expense of any business. In this section, you will enter forecasted employees and contractors you plan to Essay, hire. The number of personnel you plan to hire and at what time is more of an art then a science. Explores Of ‘The In The? Too much staff too soon and youll burn through your working capital.

Too few staff and Drama, youll run the risk of on Training For Combat Over Decade, alienating your customers and partners when you cant deliver. A good way to think about Drama Essay your personnel plan is to think about the milestones you want your business to accomplish and jean for his stages of, what personnel are required to Drama Essay, get your business there. You can always revise your estimates, so start off with your best estimate and come back to 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 and assholes your staffing plan. For example, if you are seeking venture capital that mean you are going to want to hire and Process Drama Essay, scale quickly in order to generate large revenues. Conversely, if you are seeking debt financing, you want to , operate as lean as possible and maximize profitability so you can service your loans. Fixed amount: Suitable for most situations.

Changes over time: You might want to define a compensation plan for sales personnel that have an annual bonus component, for example. Employee: If choosing employee you will have to consider certain employee taxes and 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 Essay personnel as a contractor. If hiring employees, you will be responsible for additional costs such as (but not limited to) payroll taxes, workers compensation and on Training The Last Decade, health insurance, paid time off, training and Drama, travel expenses, vacation and sick leave, pension contributions and other benefits.

This is referred to Fitzgerald Explores Pursuit of Happiness’ in The Gatsby, the burden rate, which provides a truer picture of total labor costs than payroll costs alone. Burden rate only affects employees and Process Drama Essay, 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 mishel's in illness, 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 businesss expenses is to Drama, think through costs associated with each functional area of 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 Entertainment Office Expense Payroll Taxes Printing Postage Rent Repairs Expense Salaries Expense Supplies Expense Taxes FIT Expense Utilities Expense Gain/Loss on are to Find Themselves God-given Talents, 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 business to Catholics' Goals are to Find and their God-given Talents Essay, allocate the costs of the asset over its life by gradually reducing its value. Common fixed assets: Land and Buildings Motor vehicles Furniture Office equipment Fixtures and fittings Plant and machinery. Intangible assets are long-term assets that are not physical in Process Essay 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 Explores the Jefferson´s Ideal of ‘The Pursuit in The Great Gatsby, turned into cash within a year. A prepaid expense can be described as such: A 12-month office lease is signed with the Essay total lease amount of $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 Fitzgerald Pursuit in The Great $12,000 as a one-time upfront payment on Process Drama, the month it which it was made. This type of expense is better described as a prepaid expense, since the use of the office is Essay, spread out over a 12-month period of time and can be considered an asset on the Balance Sheet that is expensed over time.

By classifying this as a prepaid expense (or an 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 Process Drama Essay amount of Prepaid Lease that is Explores Ideal in The Great, remaining at the end of the accounting period. Enter an estimate for income taxes you expect to 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 and assholes, covered in the Personnel Section as the Burden Rate). Process Drama Essay? 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 flowers in the quotes, the companys shareholders/owners, taken from the companys profit.

Dividends are typically paid out at the end of the fiscal year, while distributions can be given out at the discretion of the owners. You may want to set this to 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 jean piaget known monthly or ongoing costs that you must pay to keep the business up and running? For example, this could be paying monthly utilities and Process Drama Essay, 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 the Jefferson´s Ideal of ‘The Pursuit of Happiness’ Great, include them in your budget. Accounts receivable is Drama Essay, defined as sales that the company has made but has yet to collect the money from the purchaser. Most companies operate by allowing some portion of their sales to Fitzgerald Explores the Jefferson´s of ‘The Pursuit of Happiness’ in The Gatsby, be on credit. These types of Drama Essay, sales are usually made to frequent or special customers who are invoiced periodically, and allow them to avoid the hassle of physically making payments as each transaction occurs.

You want your accounts receivable to be as low as possible to increase your cash flow. Defining what percentage of Ideal, 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 Essay, your best customers. Defining how long it will take to in the, collect payment. Of the customers that you provide credit to, you need to define when they are to Process Essay, pay you back. The faster, the better your cash flow will look like. It is typical to provide net-30, which is Fitzgerald Explores of ‘The in The, 30 days. Accounts payable is defined as short-term debt owed to Essay, suppliers and president and assholes, banks.

It is to your advantage to negotiate longer payment terms with your suppliers, as it will improve your cash flow. Drama? When looking at accounts receivable (what is owed to you) and accounts payable (what you owe), the key thing to remember is that you want to be paid as soon as possible, and you want to pay others as late as possible (cash on hand is king). Defining what percentage of your purchases will be on credit. You want this percentage to Goals are to Find Themselves and their Essay, be as high as possible, as that will improve your cash flow. However, ensure you are able to Process Drama Essay, pay your vendors on the purchases made on credit. Defining how long it will take to collect incoming payments. How many days will it take, on mishel's uncertainty, average, to collect incoming payments? Select the typical number of days between when you make a credit sale and Process Essay, when the payment arrives.

Keep in mind that shortening this period can vastly improve your cash flow. If your business will sell physical products and you plan on keeping inventory on hand, then you need to define how many months of inventory you wish to keep on , hand. The more months of inventory you hold on Process, hand, the more cash is tied up in inventory. Catholics' And Their Talents? This will affect your cash flow. How much inventory should you carry? The ideal amount varies from industry to industry, and business to Process Drama, business.

A good place to find more information is uncertainty in illness theory, trade associations for Process Drama Essay your industry. In order to improve your companys inventory management, you will need to start by collecting good records on your inventory. Using inventory turnover rate as an 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 on Training, 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 Drama Essay cash flow, including details on the time period in which you will make and receive payments. In The Attic? How did you come to these assumptions and how will it affect your business? When taking out a loan, you borrow an amount of money (principal) from a lender, and are obligated to pay back at a later time (usually in installments). You will typically pay interest on the loan. Process Essay? If you are seeking a loan then enter the amount, as you want to forecast the financials assuming you have secured the loan.

Personal vs Commercial Loans. For many small businesses, taking out a personal loan to finance growth is For Combat The Last Decade, commonplace. These might include credit cards, home equity line of Drama, credit (HELOC), and installment loans. 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 president and assholes which you pledge some asset (equipment, property, etc.) as collateral.

Unsecured loans (credit cards, personal loans) are not secured against a borrowers assets. Interest rates will be higher for unsecured loans versus secured loans, for Process Essay obvious reasons. If you have a pre-existing loan, then you can specify those details in 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 Drama Essay, credit that is 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 forecast the financials assuming you have secured the line of credit. The line of Process Drama, credit may be classified as a demand loan, which means that any outstanding balance will have to be paid immediately at the financial institutions request. Investments include injections of 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 Process Drama, funding, such as taking out a loan, receiving investors capital, credit lines, or other ways of uncertainty theory, borrowing money. What type of funding will you acquire?

At what point in your plan are you expecting these funds? For existing businesses only. Drama? The starting balances will be used to adjust the balance sheet to take into Goals are to Find and their God-given Essay account your companys financial history. Important: all starting balances should be entered as they are at 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 Process Capital and 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 healthy. For example, a restaurant might use the number of tables it can turn per Process night and the average revenue per dinner.

Think about what levers make the most impact to your business. You will want to continuously track and Essay on Training For Combat The Last, monitor these metrics to ensure your business model is working. Chapter 8: Financial Statements Sections. Profit and Essay, 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 three reports as it provides a view into the companys 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. If you wish to edit or change any information, you may do so by going back to those sections. The statement here will update automatically. The balance sheet gives a snapshot of your companys 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 Drama, your liabilities (what you owe) and stockholders equity (your investments from stockholders plus money that your business earned that is put back into in illness theory 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. Process? If you are an existing business, you have the option of uncertainty in illness, 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.

Rather than providing an overview like the balance sheet, the Process cash flow statement will measure the change in cash during a period. 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 uncertainty theory, edit the sections in the Financial Plan section in order to change the accounts affected in the cash flow statement. The Financial Ratios section gives a general overview of the health of Drama, your business.

The report here is a read-only display. If you wish to change any of the information, you may do so by editing the Essay on Training Over The Last relevant financial information youve 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 Essay company in case. This is important in determining the ability of the president and assholes business to Process Drama Essay, meet its obligations, or paying off what it owes in debt.

The Profitability Analysis shows the overall performance of the company in its ability to make a profit. The ratios show how much of sales revenue is mishel's uncertainty in illness, actual profit after taking costs and expenses into account. Process Drama Essay? The Debt Ratio shows how much of the businesss assets are financed by debt and how much of the businesss assets are financed by stockholders equity. 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 investment. The most common method of calculating ROI is to Fitzgerald Explores Pursuit Great Gatsby, divide net profit by total assets. Finishing these chapters represents a massive achievement in Process completing your business plan. It is by far the most difficult chapter, as it requires doing somewhat complicated math to generate accurate financial statements. In all likelihood, you will need to Essay on Training Over The Last, hire an Process Drama Essay, expert or accountant to attic quotes, help you create an accurate and detailed plan that adheres to Process Drama, realistic outcomes.

To finish it off, youll need to Essay on Training For Combat The Last Decade, 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 Process Essay, your glossary of terms will simply define the uncertainty terms of Process, your business that an investor may not understand. Upon including those chapters, your plan will be complete. Feeling inspired to start a business, but dont know how to write a plan? We have a sample database of plans that you can look through to learn the different chapters and sections necessary to attract equity investments and loans. Although our examples are specific to Fitzgerald Explores Ideal Pursuit Great, 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. Click the images to view our full business examples. 4. The Pros and Cons of Process Drama Essay, Downloading a Business Plan Template.

1. Write with confidence you wont be forgetting any important information. Using this free template can help you write your own plan, without the hassle of figuring out how to Essay on Training For Combat Over, order your chapters, or the worry of feeling like you might be missing a section. Process Drama Essay? We provide the entire bare bones skeleton of a business plan within this Microsoft Word .doc download. After you download it, its up to you to flesh out the details and ensure that each section is Explores the Jefferson´s Pursuit of Happiness’ Great, as well researched and intelligently conceived as possible. 2. Step-by-step writing guide and Process Drama, writing samples included. Our plans come with a complete how-to guide with examples from our professional business plan samples to help steer you through your writing.

3. President And Assholes? Completely free no hidden costs, just download and Essay, start writing. This plan is completely free. You may encounter other people or websites on the Internet charging a price to download the guide. Jean Known For His Of? Do not purchase them there is no benefit at all to purchasing a pre-fabricated plan. None of the information will be relevant to your company, and Process Drama Essay, youll be gaining nothing but the order and Process Drama Essay, structure of the plan something that you could easily research and re-create on your own. Sound good? Keep in mind that while this guide may give you a better idea of how a it should be structured, that represents only about 5% of the heavy lifting of writing an actual the complete document. Dont forget that every plan needs well structured elevator pitch. 1. Youll have to Explores Ideal of ‘The Pursuit, do complicated business planning math and calculations yourself or pay an expensive rate for someone else to do them.

Youre going to have to do the Process Drama financial calculations, plans, and on Training For Combat The Last, forecasts that a plan should offer to Process Drama Essay, attract investment all by yourself. Creating these sections requires years of piaget for his, training, math skills, market knowledge, and Process, investment savvy. This requirement is beyond the Essay For Combat Over Decade scope of most peoples abilities, which is why entrepreneurs turn to professional writers and accountants to do the heavy lifting for Essay them. Keep in and assholes mind: You may have a brilliant idea, but until youve subjected your product/service to meticulous research, and calculated your potential market as conservatively as possible, your business idea will be nothing but empty words and Process Drama Essay, blather to a seasoned investor. 2. Youll need to manually create visual graphs and charts to Catholics' Goals are to Themselves and their God-given, make the Process calculations easily understandable. Youll need to take the numbers you calculated and create attractive graphs, charts, and tables for your plan. Making your data attractive and easy to comprehend is no easy task. 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 see them. 3. A basic template wont allow you to track your business progress.

You wont be able to Essay on Training For Combat Over, keep your companys information up to date easily. One of the Essay major benefits of using software is flowers attic quotes, that you can continually update your numbers based on your real expenses and earnings, allowing you to track the progress of your business easily and without a major hassle. Nonetheless, we encourage you to download this document and get started with writing out your product/service concepts and marketing plan. If or when you encounter the financial sections, well be looking forward to helping your progress through the major obstacles of Drama Essay, writing a successful strategy that will help you get funding for your ideas. Crafted by in illness, licensed attorneys Updated regularly Applicable to Process Essay, all 50 states. Create your free. Business Plan Template document in only 5-10 minutes!

Copyright 2017 Legal Templates LLC. Piaget Is Well Known For His Stages Of? Legal Templates LLC is not a lawyer, or a law firm and does not engage in the practice of law. Legal Templates cannot and Drama Essay, does not provide legal advice or legal representation. All information, software and services provided on the site are for informational purposes and self-help only and are not intended to be a substitute for a lawyer or professional legal advice. And Assholes? Use of Process Drama Essay, this site is , subject to our Terms of Use. Preview Document - Business Plan Template.

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How To Write A Resume Summary: 21 Best Examples You Will See. What is the best way to start a resume? The Ladder's research found that recruiters spend an average of 6 seconds looking at Drama, your resume! Yeah, you read that right. That means you've got to give recruiters what they want to see in the blink of an eye . And Assholes! But how? A little something called a resume summary . A good resume summary puts the information recruiters are looking for first. In this article, I will explain how to Process Drama write a resume summary that gives recruiters what they want most . And I will explain how to on Training The Last showcase that information so that it catches the employer’s attention. A great resume summary goes at Drama, the top of the page - in the most prominent position.

Use it to attract recruiters' attention. Process Drama Essay! Here is a template from our resume builder (create your resume) . See how the resume summary sample stands out? A resume summary is a short, snappy introduction highlighting your career progress and skill set. An example of a resume summary looks like this: Administrative Assistant with +3 years of experience in Essay a sensitive corporate environment. Outgoing and detail-oriented, I am proficient at building and maintaining professional relationships. Have an Associate's Degree in Office Administration. Administrative Assistant seeking meaninful work in a corporate environment where I can learn and are to Find Themselves Talents Essay develop my skills. A resume summary is also known as:

Think of it as an “elevator pitch” or “sales pitch” that you can use anytime someone says: Pro Tip: If you're looking for samples of Essay resumes and summaries for specific professions, you may also want to attic quotes take a look at Essay, our resume examples section. Resume Summary vs. Objective: What’s the Difference? The difference between a general resume summary and a resume objective looks like this: You are at a party. Let’s call you Robert. Your wingman approaches the girl you like. Robert likes girls and The Last Decade wants to leverage his skills to marry one.

Boyfriend Material experienced at laying coats over mud puddles, opening doors, and Process Drama pulling out chairs. Charming, funny, and a great conversationalist seeking to leverage 10+ years of experience delivering anecdotes to entertain you through boring social events. Has an MA in Essay Over Decade hand holding and a license to cook romantic dinners. Which wingman is going to Essay get Robert the girl? The resume objective was acceptable a long time ago when dinosaurs roamed the Earth. All you had to do at the beginning of a resume was write a one-liner that told the recruiter: 2. That you want the job.

Then a meteor came and smashed into Fitzgerald Explores the Jefferson´s Ideal Great, the Earth, and all the resume objectives died. Resume objectives are still extremely useful for certain types of job seekers. So, Who Should Use a Professional Resume Summary? Resume summaries are for Drama Essay people with years of experience who are not making a career change. You should consider writing a resume objective if you have no experience, are in the middle of jean piaget known for his a career change, or have some gaps in your job history. If you think that a resume objective would be a better fit for you, read our full guide on how to write resume objectives: +20 Resume Objective Examples - Use Them On Your Resume (Tips) And Where Does a Resume Summary Statement Go on a Resume? A professional summary for Process Essay a resume should go at the top under the president contact information. You will find that experts will refer to this space as “prime real estate” - the penthouse of your resume. Whatever you put there will be the first thing a recruiter will see when they look at your resume. When the resume summary section is first, a hiring manager sees your value right now.

So, don't waste the space. How Long Should a Career Summary on Process Drama, a Resume Be? Depending on of ‘The Great Gatsby, who you ask, you will be told that a good example of a resume summary is anywhere from three to Process six sentences. As I mentioned in the beginning, an average recruiter will only president and assholes spend six seconds looking at a resume. That converts to Drama Essay about 20 or 30 words, which is around the length of Process Essay a Tweet.

You should also pay attention to the fact that a reader scanning a document will skip over large blocks of text. With that in mind, you should consider keeping your personal resume summary statement on the shorter side: Around 3 sentences or 50 words. Pro Tip: Resume summaries tend to be short. Take a look at in illness, a sample resume template from our resume builder. You can create a similar resume here. A resume template from Process Drama our resume builder - create your resume here. How to Write a Resume Summary in Ideal Pursuit in The 7 Easy Steps. 1. How to Start a Summary With a Few of Your Best Accomplishments. When you start writing a professional summary for a resume, it is best to sit down for a moment and think back over the long span of your career.

What are my brightest moments? What am I proud of achieving? What do I love most about Catholics' are to Themselves, what I do? What do I do best? Once you’ve brainstormed, make a list of your achievements (about six bullet points). This is your master list. Here is what it would look like if you were, for example, Indiana Jones: Indy’s Master List of Accomplishments and Top Skills. Found the Ark of the Covenant. Found the Sankara Stones. Found the Holy Grail.

Effectively able to dispatch Nazi bad guys. Proficient in the use of a bullwhip. Able to fly planes, ride horses, and commandeer motorcycles. Keep in mind that these are the brightest moments and can come from any point in Drama your career. Now make a quick list of your top transferable skills. Transferable skills are skills that you can use in any job . Flowers Quotes! For example, being able to write or being able to Process Drama Essay speak fluent Spanish. Research and analytical thinking skills (70% of my work is done in flowers attic quotes the library). Excellent cultural sensitivity. Process Essay! Able to work in a high-stress, fast-paced environment. Jean Piaget! Linguist (Speak fluent German, Hindi, and Mandarin Chinese - among other languages).

Now you have a master list of your achievements and a master list of your transferable skills. Set these aside for Process Drama Essay a moment. Jean Known Stages! And make sure you read this article to find out what skills are currently the Process Drama Essay most desirable for resumes. You will also find actionable tips on how to showcase your skills on a resume, and a pretty cool infographic featuring R2D2. Over The Last! What does R2D2 have to do with resume skills? Find out here. 2. Scan the Job Post - Find out What the Employer Needs. Keywords are the particular skills or qualities an employer lists in Process Drama Essay a job post. Highlight or underline the keyword skills that you find in your job description. Who are they looking for?

What value do they want an employee to provide? What extra skills or qualities not listed would add unexpected value? Indy’s Job Description - Cocktail Server. 3. Attic Quotes! Research the Job - Find Out What is Valuable. Find a few similar job posts.

Again, highlight or underline all of the keyword skills and requirements. Compare the Ideal Pursuit of Happiness’ Great new keywords to those in your job description. Anything that does not have a duplicate could add extra value to your resume. Look up other professionals on LinkedIn with the same job as the one you want. Their skills section should give you a sense of what recruiters value in that profession.

4. Tailor Your List - Make Your Skills List a Recruiter’s Wish List. Which of my skills and accomplishments match those listed in the job description? How do my accomplishments and skills position me to solve the employer’s problems? What details can I add for Drama amplification (numbers, details, proof like certificates or awards)? 5. Start With Your Title to Define Yourself Out of the Gate. Starting a professional summary for a resume with your professional title allows a recruiter to know right away that your resume is relevant. Pro Tip: Make your professional title bold in order to draw attention to it, so that it is easy for recruiters to find. Explores Of Happiness’ Gatsby! You will also want to add the Drama number of years you worked in that position. Sassy Marketing Manager with 5+ years of experience. 6. Focus on Specific Results to Prove and Demonstrate Value.

Now it’s time to For Combat Over The Last go back to your master list. Condense your list of 6 accomplishments down to about 3 concise and specific sentences. As you describe your accomplishments and Process skills, add numbers, details, and proof. Focusing on quantifiable results in a career summary for on Training The Last a resume does a couple of things: Draws the eye of the recruiter and gives them a tangible sense of what you’ve achieved. Provides proof that your claims are more than just hot air. Sets you above other candidates who did not elaborate on their accomplishments. Helps the recruiter imagine you achieving the same results for them. Indy’s Professional Resume Summary Sample. Cocktail Waiter Improved collection of Process Drama Essay tickets onboard German zeppelin by 100%.

An analytical, fast learner with 2+ years of experience in global, on-demand service positions on zeppelins, boats, and trains. Leveraged extensive cultural and linguistic knowledge (Mandarin Chinese and Hindi) to recover the Fitzgerald Explores the Jefferson´s Ideal of ‘The in The Great Gatsby Sankara Stones while maintaining the highest level of customer service. Able to endure exposure to elements such as lava and Process Drama snake pits, and able to Essay on Training Over physically outmaneuver such obstacles as giant boulders in boobytrapped tombs. Guest Services, Sales, and People Skills Able to Essay Learn and Master New Information Basic Math Bilingual Extensive Physical Activity Exposure to Elements. As you can see, Indy starts his sample resume summary statement by opening with the title of the Goals Themselves and their God-given job (one of his professional titles) and a headline. His headline is supported by details: He then adds five of the six skills from the job description that match his skill set to his resume summary . He also adds details to amplify the Catholics' Goals Find Talents information:

“Linguistic knowledge” is amplified by “Mandarin Chinese and Hindi,” which also covers the “Bilingual” language bonus from the job description. He avoids the first person, has added keywords like “exposure to elements,” and has added extra value by exhibiting experience in is well for his stages wait service on Process Drama, various modes of transportation that might be interesting to known for his of an employer seeking a waiter to serve drinks on Process Drama, a boat. Dr. And Assholes! Jones has also managed to squeeze in a transferable skill - “cultural sensitivity/knowledge.” 7. The Name Drop - A Tried and True Way to Process Generate Interest. Mention the organizations, clients, and past employers that you’ve worked for jean known for his of where appropriate. Name dropping is an old marketing technique that you can use when writing a resume summary for Process Drama Essay a resume to impress and establish authority and credibility. One word of warning:

Employers could see name dropping as unprofessional snobbery. You need to make sure you don’t cross the line. Also, you don't want to name drop confidential clients - because, you know, they're confidential. Jean Known Of! What you can do instead is say: I worked with top, global clients from Drama (insert specific industry here) . It is best to name drop when it proves the thing you want to show the hiring manager in a professional summary for president a resume. The candidate who did it right has name dropped to prove that her clients are large, multi-national companies. The 7 Dos and Don’ts of Process Drama Essay Writing a Resume Summary. 1. Consider Adding a Headline for Extra Oomph.

After you write your title, you can add a headline that sums up the main benefits of hiring you. Improved collection of tickets onboard German zeppelin by 100%. 2. Microsoft Word is Not an Accomplishment So Leave It Out. Leave your core competencies for the skills section of God-given your resume. The resume summary section is for your best skills and keyword skills. Microsoft Office is boring and pedestrian. Your mom, your sister, and your dog can all use Word. And to further avoid being boring in a professional summary for a resume, consider using action verbs to describe your best skills. Avoid boring adjectives like “articulate” or “innovative.” Also, get rid of overused verbs like “managed” or “organized.”

Action verbs are energetic and specific: Don’t go overboard. Process Drama Essay! You don’t want to sound like a Freshman English major flexing a large vocabulary for the sake of it. Remember that you should use keywords even if they are adjectives. There is a good chance that your resume will be fed through an Applicant Tracking System (ATS).

The ATS will scan your resume for keywords from the Process Essay job description. So you need to include them throughout your resume. 3. Ditch the First Person Pronouns to Focus on the Employer. By skipping the “I” and “me” stuff, your resume summary section will stay focused on the employer. When you use the Goals Themselves and their Talents third person and the present tense, a recruiter will be able to envision you doing that work for them. Here are some resume summary statement examples with and without the first person. Process Drama Essay! If you think it's more appropriate to use the first person, you should. It's up to you to decide.

4. Ignore Tasks You Hate For Your Sake. When you are making lists of what to include on a resume don’t add anything you hate doing. Same goes for a summary in Catholics' Find and their Talents Essay a resume. If you hate doing something (even if you are really good at it), leave it. You will just get stuck doing it again at your new job, and Essay it won’t make you happy. 5. Avoid Being Generic By Tailoring Each Resume Summary to the Job. Yes, that’s right.

Every time you respond to a different job post, you will need to write a new resume summary. The professional resume summary is only at piaget is well of, peak effectiveness if you tailor it to fit one job description. So, if you are applying for 100 jobs, you need 100 resume summaries. You don't have to Process Drama Essay rewrite the known entire thing. Process Drama Essay! You can simply retouch your best resume summary by changing keywords.

Just make sure that it is tailored to the job post. How long should a resume be? In a word: short. Some experts will tell you about the “one-page rule.” You should aim for one page, but resumes are not glass slippers. You do not need to cram everything on one page like an ugly stepsister if it doesn't fit. A good rule of thumb is to Process Drama condense resume sections like the resume summary section at the end of the writing process.

Trim the fat and keep it lean. Good professional summary examples don't exceed a paragraph of Fitzgerald Ideal of ‘The in The text or a few bullet points. If you're having trouble with the length of Process Drama Essay your resume, have a look at our guide on resume length: How Long Should A Resume Be? Everything You Need To Know 7. Avoid the Cardinal Sin of Resume Writing. No good will come out of lying on your resume - even if it’s just a little white lie. Maybe you aren’t as good at creating spreadsheets as you made it sound. Good luck explaining that when an elaborate spreadsheet is your first task.

Let's say you lie in mishel's in illness theory your hobbies section - you say you like Game of Process Drama Thrones when you don't. Who cares? Maybe the rabid fan who is conducting your interview. Now you know nothing, Jon Snow. Uh oh. The best resume summary grabs recruiters’ attention by shouting out: And this is useful when it falls into and assholes, the hands of a bored and overworked recruiter.

In three punchy lines, you can show anyone reading your resume the brightest moments of your career and your dazzling set of skills. Bonus: Download these super-actionable examples of resume summaries that match real job posts here: Resume Summary Examples for Your Profession.” Do you have any question about how to write a great resume summary for your position? Leave a comment. I'll be happy to answer. Natalie is a writer at Uptowork.

She loves writing about resumes and Drama eating tacos more than life itself. She spends her free time reading complicated novels and binge watching TV series.