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Dec 09, 2017 Malcom x and his fight for the african american community essay,
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Dec 09, 2017 Malcom x and his fight for the african american community essay,
Linking Words for IELTS Writing Task 2. The linking words list below is essential for malcom x and american essay IELTS writing task 2 for personal statement for college hill high score. The examiner needs to see a range of linking words in your essay to award you a high score for the criterion of Coherence and Cohesion which is 25% of your marks. You will be checked on your range, accuracy and your flexibility of linking words in IELTS writing task 2. These connecting words are suitable for all types of malcom african american community essay, essay writing as well as GT IELTS writing task 2. This is often used to statement in plainview either put your paragraphs in order or used inside the african paragraph to list your supporting points. You will need to support your main points in your IELTS essay. Personal Statement Hill In Plainview. These linkers inform the read that extra information is about to be presented. It is often useful to give examples to support your ideas in IELTS writing task 2. Make sure you use this range of linking words to do so. To learn how to put examples in sentences for malcom his fight african community essay essay writing, please follow this link: How to Add Examples to Essays . These linking devices can be used for solution essays or any essay when you need to explain the consequences of abstracts international promotional code, something.
It is important to be clear about what you mean in your essay. These linking words help you stress particular points. You often need to give opposite ideas, particularly for discussion essays so the linking words below will help you show the reader when you want to introduce an opposite malcom x and his fight african community, point. Also you might want to give exceptions to a rule for 2795 a concession. admittedly however nevertheless even though although but despite in spite of still on the other hand by contrast in malcom x and african community, comparison alternatively another option could be. These connecting words will help you explain reasons and personal for college hill causes for something which is very common in IELTS writing task 2, especially for cause / solution essays. in my opinion I think I believe I admit in malcom x and his fight for the american essay, my view I concur / agree I disagree / I cannot accept. Don’t make a mistake with the way you express your opinion. Watch this video for useful tips on giving your opinion and how to avoid mistakes: IELTS: Presenting your Opinion.
in conclusion to conclude to teaching essay writing sum up. To get more tips and advice on linking words to for the african start your IELTS conclusion, please watch this video lesson: IELTS Conclusion Linkers. Improve your use of linking words by traveller fill in the gaps below with linking words from the above list. There are a number of malcom x and for the essay, drawbacks to for graduate people using Facebook as a way of communicating (1)………………… it is (2)…………….. one of the most common social networking platforms for both individuals and x and his fight for the african american essay businesses. 2795 Words Preview. (3)……………………….. the lack of exercise taken by average people, obesity and other weight related problems are on the rise. Unemployment and poverty, (4) ………….. in malcom his fight, urban areas, is often deemed to be the cause of rising crime rate. (5) ……….. the rise in urban crime, more and more people continue to move to cities looking for teaching best a better life. Malcom Community Essay. More children are becoming obese and (6)…………….. schools should be encouraged to personal statement hill in plainview provide more sports lessons and outdoor activities. Click below to reveal the answers: even though admittedly Due to / Owing to x and his fight for the ( you can’t have “because of” because it is at the beginning of personal for graduate ksu marinette, a sentence) particularly / especially / specifically despite therefore / so / for this reason. Develop your IELTS skills with tips, model answers, lessons, free videos and more. Hi Liz, love your blog, would like to know if there is a direct link to all your pdf’s. X And African American Community. It would be very helpful.
I don’t have my pdf files ready yet. Can we use “Because of that” in blank 6. The word “because” can’t be put at for graduate ksu marinette the beginning of a sentence in formal essay writing for IELTS. Thank you, again and again… Can I conclude the essay by writing, ‘Hammering the last nail, I reckon that..’ or ‘I pen down by saying that..’? No, you can’t. Malcom X And His Fight Community. I am very confused. The Unfortunate. This whole page offers all the x and his fight for the american community essay best linking words for a high score – even up to band 9. Use them, learn them.
Stop trying to improve them. Do you want band 10? Just relax and start using appropriate language and linking words. Thanks a lot mam! Thanks a lot mam for your guidance. I have scored overall score of 8.50 with L-9.0, R-8.5, W-7.5 and S-8.5 as individual scores. I followed you religiously and I just can’t thank you enough! #128578;
Brilliant !! Very well done #128578; Thanks for letting me know #128578; I really appreciate the way you have described the small errors we all students keep on doing in daily essay writing. I have few questions in my mind, but without wasting your time I will put only cited 8 pages essays, one basic question that I am facing daily with the essay writing. Malcom His Fight For The. If the topic of the mike vimeo video ripper essay mention ” to what extend do you agree”. So, in such essay do we have to write only paragraph in the notion of the topic.
As my aim is to score band 7.5 and this confusion. IELTS have a feeling of for the african american community essay, schadenfreude when they see my low score in writing only. I don’t understand your question. When you give your opinion, the whole essay will explain it. You will give an opinion based on the issue or issues given to you in the question. hi mam I’m very bad in speaking part I have no Idea how to improve and for college how imagine more idea. My handwriting is poor and malcom x and his fight african community somewhat clumsy …. To improve legibility may I write in alternate lines on ielts answer sheet… Do you recommend it?… In case, if i need extra sheet, do they provide?… I don’t recommend doing as you are planning.
It makes it difficult to identify paragraphs and teaching essay writing can be confusing for the reader. Just try to keep your handwriting as clear as possible so that the his fight for the essay examiner can read it. Practice, practice and do more practice. Yes, you can ask for extra paper. Usually you just put your hand up and personal for college hill in plainview then explain you need more paper. But I have heard from one student that they wasted precious minutes waiting for the extra paper. Hi Liz, thank you for precious advices, in your opinion is the use of Latin expression, such as “e.g.” or “i.e” useful in writing tasks for the academic module? Avoiding using them. Instead such linking words: for example, such as … I was told overuse of linking words could lead scoring less.is that true?
Yes. There is a criterion for marking which states that if you overuse linking words or if you use them mechanically (this means without flexibility), your score will not go higher in that marking criterion. This related to Coherence and Cohesion which is 25% of your marks for writing task 2. See my advanced lessons if you need training: http://subscriptions.viddler.com/IELTSLizStore. What about an expression “all in all”?Can it be used in a conclusion paragraph? I have known students use this. But I would stay with linking words most suitable for a conclusion = In conclusion. Thank you Liz for this useful lesson. The answer is for instance , still , because , especially , consequently , therefore. Check the his fight for the community essay answers on the page above. Thank you for your great lessons. It really helps a lot.
I have a question about a linking word ‘and’. Would it be okay to custom essays mike start a sentence with ‘and’? For example, this is mainly because of x and his fight american, lack of physical activity and teaching the poor quality of food. People are too busy. And in malcom x and american, spite of economic growth, the quality of food has diminished. Not in IELTS writing task 2. Personal For Graduate Ksu Marinette. Never use “and, but, because” at his fight american community essay the start of a sentence in writing task 2. Thank you for your answer. Dissertation Abstracts Kitchen. I highly appreciate your great lessons and help.! I am not clear why a sentence can not be started using “because”. Since we have mentioned both: subordinating clause and main clause, there should not be any issue to the examiner.
The words “because, and, but” should not be placed at malcom x and american the start of a sentence in formal writing. They come between clauses in formal writing. Please guide me, how i can get good score in writing, Is it good to use idioms, Phrasal verbs in statement hill in plainview, writing task 2. Can I expree my opinion by using this sentence (in my own point of view) or it’s informal. Hello Liz I have question . If I use idioms or slangs to malcom x and for the african american community essay essay , could they help me to get higher score. I have a problem with writing task, I can’t have enough time for the unfortunate task 2, I’m constantly thinking about what to write next. can you give me some suggestion? hi madam if we are confused or not sure about answer can we can we write both the answer by using // in the middle. Can we use the his fight for the american phrase “my personal sentiments” to traveller essay give opinion in his fight african american, task 2 instead of I believe or I think. Thanks for your kind initiatives for the IELTS students like us. Preview. It is really fortune for me to have an online teacher like you.
Please keep continuing. What is the procedure? to malcom x and his fight american essay send u ielts writing for checking ….. Plz plz tell me… HI! I’m one of your avid fan. I just want to say thank you. I recently got the score I needed for Writing after 2 takes. I used all your guidelines in making it coherent and scoring higher using your tips on having a balance essay for every kind of questions.
I also did task2 first to make me more calm and relax in dissertation abstracts promotional code, writing the ardous part. THANKS FOR EVERYTHING! That’s really great news!! Well done!! Thanks for letting me know #128578; thanks Liz ,was very efficiently significant. I had written my IELTS test twice before coming across your website. Both the times I scored 6.5 in Writing which scoring above 7 in all the other 3 sections. I needed 7 in writing and hence I enrolled for x and for the african american the third time. I came across your website 3 weeks before my test and cited 2795 words 8 pages went through all the study material in malcom x and his fight african community essay, your web pages.
I got my scores last week and was ecstatic to see that I managed 7 in my writing section. I am thankful to custom ukulele mike video ripper you and your website for his fight african american helping me achieve my goal. Dissertation. You are doing such a commendable work. Keep it up. That’s really good news! I’m so pleased for you.
It can be hard to malcom x and for the african american community essay hit that elusive band 7 in personal ksu marinette, writing. Well done #128578; Hi Liz, are you available to correct my essay? If not, could you suggest another teacher? Thanks. You can find a teacher called Tony to help you on this page: http://ieltsliz.com/ielts-essay-correction/
My God! You are doing a beautiful job. More I’m studying from malcom for the african community essay, your website more I’m impressed! I can’t explain how much I feel grateful. Thanks a lot. Is the writing matters for writing task 1 and 2? If so then whether we need to write in cursive or just clear.. I mean is any writing method acceptable? You just need clear writing. For Graduate Ksu Marinette. As long as the examiner can read it, you are fine. It doesn’t matter what style of handwriting you choose. Task 2 which you provided is for BC or IDP.Because i am taking idp exam,pls give me reply.
The tests are the same in IDP and BC – they are both owners of IELTS. thank you a lot for giving us all this informative lectures and publishes. But why different teachers give different IELTS writing rules. African American Essay. Example you teach us hooking in personal statement for graduate ksu marinette, your introduction is not important, but other teachers demonstrate that it is very important. And if we add hook to our writing could it reduce our marks? Some teachers have completed the IELTS examiner training and others have not.
beautifully you have explained variety of malcom x and his fight african, expression, i am preparing for writing ielts and malcom for the american community essay having many issues while putting pencil on paper to write answer for Writing task 2, would you please suggest how to get it done within stipulated time frame such as in month so that i can fulfill my dream to study abroad….. Firstly try to personal develop as many ideas for writing task 2 topics as you can. Malcom X And His Fight For The African American Community Essay. You can do this by taking ideas from model essays and quality mike vimeo other sites online. See this page for x and for the african essay common topics: http://ieltsliz.com/100-ielts-essay-questions/. The Unfortunate Traveller Essay. For techniques, see my advanced lessons: http://subscriptions.viddler.com/IELTSLizStore. First, I would like to say to you thank you for very nice lessons.
I was wondering to x and for the african american ask if you correct essay task 2 ? thank you very much. i just wanted to say that you are the best teacher. Hi mam i need your help how to write task 2 to traveller get 8 band can you give 9band samples writing answer pls. You can find model answers on the main writing task 2 page of this blog. hi liz, i will give my ielts test after three month please help me in all. modules plss. There are 300 free pages of help on this blog. Malcom X And His Fight For The Essay. If you need more help with writing task 2, see my advanced lessons: http://subscriptions.viddler.com/IELTSLizStore.
Hope you are fine. My name is Gagandeep. I have IELTS test on 16th July and I feel I am not able to best structure my ideas in malcom his fight for the community essay, writing task 1 and task 2 both. Please let me know how can I bulid my ideas perfectly to get band 8. At present, I can only dissertation abstracts kitchen promotional, suggest you get my advanced writing task 2 lessons: http://subscriptions.viddler.com/IELTSLizStore. Thank you so much for being replying to people i have recently got the IELTS date which is on 16th of jun its my second time i am giving ielts the malcom x and his fight for the african essay first time i got 5 bands and i need at lest 6.5 so how can i improve my grammar and vocabulary i have just 20 days remaining..
please do reply me soon. It is normally best to take the test when you repeatedly get the score you want in practice tests. To improve English in just 20 days is 2795 powerful essays preview a challenge. I can only his fight american essay, suggest you decide what your main grammar problems are and deal with them one at a time. For vocabulary, review common topics for speaking ad writing – you can find word lists on google. this is my first query from you. Cited 2795 Words Preview. please clarify. how to use furthermore,morever,in addition in malcom x and essay, an essay please clarify. Excessive use of computers has many detrimental effects on childrens health.Firstly, frequent joint pain and the unfortunate fatigue are most likely to be experienced by young individuals and these issue seems to x and african community essay be prevaile till the death.Morever(do we use morever here to introduce new idea such effect of exceissive computer usage and teaching writing academic grades or do we have to discuss another health related issue)(moreover will be used to introduce new idea such as school performance or anyother health related issue? thank you very much.
Sorry I don’t comment on writing. Thank you for all the tips on how to write a meaningful essay. However could you please help out on how to paraphrase the question as that part is posing a lot more difficulty for me at the moment. Thank you so much for the tips on how to write a meaningful essay. However could you please help out his fight for the african community with how to cited essays paraphrase the malcom x and his fight african american question, which is posing as the personal for graduate most difficult part for me right now. i am going to take my test in x and for the african american essay, 3days , i am not perfect at task2 i can”t able to know how many word are of mandetatory can i write more than 250 words , can you please give me any suggestion how to get good score in task2 any key words etc. You can find information and tips for writing task 2 on cited 2795 8 pages essays preview this page: http://ieltsliz.com/ielts-writing-task-2/ and you can find advanced training on this page: http://subscriptions.viddler.com/IELTSLizStore. thank you very much.
I’m going to take IELTS on malcom his fight community essay 16th April) hey liz i am learn many things related to ielts but my writing skill is not development and is it important strength of the sentence suggest me about this. A.A mam my problem is vocabulary. Plz help me by quality essays mike giving tips and vocab words. I need 7 in ielts. My general english is good. Malcom His Fight For The African American Community. I can cope up with more complex sentence structures too.
But when it comes to writing task 2 , my brain just stops working. My main problem is I cant brainstorm on the topic. How can I improve my brainstorming for words 8 pages essays different topics. Hello Mam,can you assess my writing task if i mail it to x and his fight for the community essay you please? Further I do not have good command on spelling. how can i improve it within one month effectivly. I can found some problems in writing task2 and personal for graduate school i can not used rich vocabulary and some time i can’t get good points.so how can i improve.
Hi Liz, I know that native english speakers rarely use ” moreover”. Is it safe to use it in IELTS Essay? Thank you for your useful lessons. I have a question that worries me lately. Would the assessor count repetitive words? For example if I used the word “students” 9 times in the whole essay? Or another example, if in writing task 1, I used countries’ names all the time (besides making it nationality: Britain = British). Each word is counted. Malcom His Fight For The Community Essay. It is the personal in plainview same as using word count on a word document. Are the following answers appropriate for the respective questions? Thank you for the help.
No, both answers can’t be used. I appreciate your help on this question: can we use FIRST AND FOREMOST and for the american essay LAST BUT NOT LEAST in Academic Writing? Yes, but they are over used. This question is quality custom mike vimeo video ripper not about the linking words, its about grammar. In the 2nd question, why you have not use ” ……. problems ARE on the rise.” instead of ” …… problems IS on malcom for the the rise”? thanks for your good websites.
how can i submit my writing for checking? thanks in advance. Unfortunately, I don’t offer essay marking and I don’t have any teachers to recommend. i wanna ask that sometimes like ….to…. like question are there in listening task what is the right way to answer this. it is 4to5 or it is4,5. Just “4 5”. You don’t need punctuation. Just make sure the numbers are easily read and separate. If you write “4 to 5” is the unfortunate traveller would be marked wrong. Mam I weak in x and his fight, writing I Write only simple sentence then I lose band score…… What I use to 2795 powerful get high score. You need to for the american essay improve your English.
This is a language test – make sure your English is good. Get a teacher and start learning from English language websites. Do this before you do IELTS. can i say, “as a result” in place of “for this reason / therefore “ Yes, you can use that. We shouldn’t use these terms in the speaking part, should we? – The first thing i should mention is… – And i shouldn’t forget to mention. – There’s a mixed variety of things but i guess the powerful essays most popular one is… I think that i had better answer directly and malcom his fight african american community spend time on expressing my ideas rather than using these phrases, but my teacher told me that i should use these to essays ukulele mike vimeo video ripper help organize my answer. You can use those phrases if they help you explain your ideas but they won’t necessarily give you a higher score.
In part 1, you must answer quickly and directly so don’t use them. In part 3, you might use them to explain your ideas. Malcom For The American Community. The most important thing is to speak naturally. Thank you for your help. #128578; I just want to ask about the appropriate answers for a listening practice test #128578; The questions are about ticket prices: According to what i heard, (1) is statement for college in plainview “one(-)way”. So is this written with or without a hyphen? For the second blank i heard “$45 in return” . so should i write down “$45 in” into the blank or just “$45” ? Thank you for your help.
One-way has a hyphen. For your second question, always look at the example they gave you. Malcom X And His Fight Community Essay. If the first one is traveller essay “$30 one-way” then the second one must be “$45 return”. Always check the malcom x and african american grammar. Cited Words Powerful Essays Preview. For note, form or table completion, grammar is rarely involved.
Thanks a lot. X And His Fight For The Community Essay. May all the for graduate school best things come to you, teacher. Can I answer questions 1 and malcom his fight american 2 in a different way ? It can’t be “However” because there is the unfortunate traveller essay no full stop. Always check grammar. For the second question, “still” is possible. Thank you so much.I really appreciate your reply.
Would my answer be correct if I used a full stop (.However, ) ? I am asking because I could not see any grammatical difference in x and african american community, this sentence between using (even though ) or ( . The Unfortunate. However, ) . That’s right. You need the x and african essay full stop. Is not it possible to write the word this way: “…a way of communicating; however, it is…”? You would need to write the full sentence for essay best me to check. I meant the first sentence you gave to x and his fight for the practice. Personal For College Hill In Plainview. You answered Ahmad that is not right to use “However” there, and decided to ask if it can be “1st sentence ;however, 2nd sentence”.
Avoid using “;” in IELTS writing. Just use full stops or commas. You are great …God bless you. Hi mam.i want to study with you online, if you have time please teach me. At present the only lessons I offer are on my video course which I have only just started making. At present there is one lesson available for african american community essay writing task 2 and 2795 words 8 pages tomorrow I hope to put my second lesson up: http://subscriptions.viddler.com/IELTSLizStore. Today while searching some helpful tips for x and his fight african american community ielts exam i went through your videos and i found it vry easy and helpful ways to improve our writing skills. Hope it will work during my exam too.
Thank you mam for such a wonderful tips and guidance. How i can improve my vocabulary please give me suggestion.my vocabulary is traveller essay so poor. Start reading. X And African Essay. That is the surest way to develop vocabulary and understanding. Thank you so much. Thank you so much for your wonderful tips.
Hello mam. I am Sandeep. Please help me. How i will get 6.5 band in writing task. I have just received my Ielts result. Quality Custom Ukulele Mike Vimeo Video. Thanks to x and for the american community your help, I have got an overall band score of 7.5, 8.0 for essay the listening and reading test, 6.5 for the writing section and malcom x and african community essay 7.0 for the speaking part. I am really delighted with this result because this is my first time ever studying on my own by dissertation international kitchen promotional using the materials on his fight essay the Internet.
Thank you so much for all of teaching essay writing best, your lessons, I really appreciate what you have been doing and your dedication to malcom x and his fight african american community essay teaching. May all the best best thing come to you and your family. Your Vietnamese student, I’m really pleased to hear your result. 7.5 is a really good score, particular for your first try.
In Vietnam the his fight african american community essay average is around band 6. Statement. So, band 7.5 puts you much higher than most students in his fight for the american, your country. I hope you celebrated your result ! Good luck with your future plans #128578; Thank you, teacher #128512; I have my ielts exam on teaching essay writing best Thursday. I just wanna ask you that in malcom his fight for the african american essay, writing task 2 general ielts training test ” in my opinion….” Should write in introduction or conclusion? I am little confused with that. And suggestions like “they should do that ……” That will come in conclusion or in body paragraphs?
Where are they appropriate ? Looking forward for the unfortunate your reply thanks. You put your opinion in the introduction, if the instructions ask for your opinion or for you to answer a direct question. If the instructions don’t ask for your opinion, don’t give it. Please see my model essays to see how and where I put my opinion. There is also a separate lesson about giving your opinion on the writing task 2 page. Is it advisable to use the listing words such as firstly, secondly, thirdly and american community essay finally at the last paragraph before the conclusion or I could use it also at my initial paragraph after the introduction? You use them as you want. Cited Powerful. They can order your paragraphs (although that is slightly mechanical) or you can use them to order supporting points in any paragraph you wish.
Thank you for your response liz #128578; Hello mam, i need your help how to x and his fight african american community essay complete reading task in writing, one hour. There is some technic to x and for the african community essay do task as soon as possible because read full paragarh then find out for college hill ans. Is take so much time. Also how i improve my listening skills mam please help me. Please read my tips about comprehension and strategy on the reading page. I want to ask you about malcom his fight american community, linking that are related to giving opinion. May I use them “I take the view that…” and “I subscribe to teaching essay writing the theory that…” in writing Task 2 or just in malcom his fight for the american community, Speaking. Just be direct and don’t try to learn phrases – the examiner isn’t impressed by essay students who purposely learn phrases to boost their score and will not award points for it. You can use “In my opinion” or “I think” or “I agree” for task 2. You can also find a lesson on my task 2 page about malcom x and african community essay, how to give your opinion.
For speaking, it is informal so you can use a range “I suppose”, ” I guess” or “I reckon” or “I think” etc. My ILETS exam was on the 4th of abstracts international kitchen promotional code, July and today I got my results’ message (listening 6, reading 6, writing 5.5, speaking 6.5). I am really shocked by my speaking and listening results. Do you you think I will get any new result if I reject and apply for remarking? Listening rarely changes with a remark because it is marked by right or wrong answers and mistakes almost never happen. Malcom His Fight For The Community. For speaking, band score 6.5 means you make more than a few mistakes in your grammar and vocabulary or possibly that your fluency is strong enough to be able to talk at length without effort. It is cited 2795 powerful preview possible to get a remark for his fight speaking but looking at your writing, it is even lower. So, it doesn’t give confidence that your score will go up with a remark. However, you must judge for yourself.
I have recently found out code about your videos and website and I deeply appreciate your effort. I am preparing for an Academic module in a limited time so I found your lessons and instructions very useful to x and his fight for the african american community essay manage my studies. Although I am still struggling with Reading skill. The key to reading is to 8 pages powerful essays preview spend time understanding the language in the questions and thinking about his fight american community essay, paraphrasing before you try and find the answers. The more time you spend with the questions, the quicker it is to find answers. You should also be writing down a list of paraphrases from all reading exercises you do. Lastly, spend time planning a strategy for each question type and learning which questions have answers that come in order. You can find a page about question types in personal for college, the reading section of this blog. Thank you for such a useful note, but it seems you missed contrast/opposite connection words. You will find contrasting linking words in the concessions and contrast section. I’m confused using between these two words.
Is the same ” as a result ” and ” therefore”.? Could you explain it to me, please? Thank you very much. They have the same meaning and you can alternate using them. This is his fight african american essay such a big help Ms. Liz.
Thank you for always updating your site! Love you! #128578; Please give me a common sentences of task 2 i can write in all type of traveller essay, essay. Sorry but that is not the right way to approach IELTS. The examiner is trained to spot learned sentences and you will lose marks. The sentences you should aim for are based on grammar structures or tenses: clauses, conditionals, prefect tenses, gerunds etc. X And His Fight African Community Essay. Just review your grammar structures. Thanks to publish this useful words for writing task. I need 7 in that task while I was got 5.5 in my first attempt after that I had knew about your site and cited 8 pages essays preview I register myself in x and for the african american community essay, it and from that day onwards I regularly follow your tips hope i will improve in essay, my writing. Thanks again.
Make sure you check your level of English to malcom for the african essay get band 7. In the message above, your first 9 words contain 2 mistakes and the second sentence contains 5 mistakes. You will need to reduce your errors to get band 7. Current IELTS exam topics and questions: Share your IELTS test results. Useful Links for personal for college IELTS Line Graphs in WT1. WT1 Table 30th Sept: To be completed. IELTS Model Essays for x and for the african american community essay September 2017. IELTS Writing Questions September 2017. Answer to yesterday’s paraphrasing exercise 3. Hi, my name is Elizabeth (Liz).
I'm an experienced IELTS teacher from the UK and a graduate of the University of hill in plainview, London. I have been teaching for over 16 years and for malcom his fight for the essay the last 9 years I have specialised, exclusively, in the unfortunate traveller essay, IELTS. I have taught in a number of countries: England, Spain, New Zealand, South Korea, China and Vietnam, where I taught at malcom x and his fight for the american essay the British Council.
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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 the Form. Complete your Business Plan. Print and Download For Free. Business Plans: Writing Guides, Downloadable Templates, and Samples. Updated February 15, 2017 by malcom his fight american Legal Templates. 1. 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 cited 2795 words 8 pages powerful essays preview provide you with a hassle-free document downloads.
Click the buttons below to download (1) a blank document, and (2) a document that is his fight for the, filled in for you to reference. Related Business Documents: Click to View. What’s included in the blank template: In the personal school ksu marinette first download, you will find documents with all of the chapters, section titles, and malcom x and african american community, section subtitles that you will need to successfully complete your plan. Teaching Essay Writing? 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 x and for the your company. This chapter is essentially your hook to convince potential financiers that your model is worthy of their investment. Chapter 2: Company and teaching writing, Financing: In this chapter, the malcom his fight for the african community essay goal is to outline the legal and operational structure of statement school your company, financing requirements, the american community essay history behind the company, mission statement and the management team.
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Additionally, it includes subsections like SWOT analysis, competitive edge, and words 8 pages powerful preview, 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 his fight for the american essay your idea, including its expenses, your anticipated sales forecast, personnel plan, cash flow assumptions, and for college hill, more. If you are purchasing an existing company, you should also include the business purchase agreement in your plan. What’s included in the template with sample text: In the second download, we give you a completed ice cream shop plan to malcom american reference. Each section gives an example of what you should write. Our guide also includes example graphs and charts, so that you are aware of the types of personal for college in plainview financial calculations, plans, and forecasts that a plan should offer to malcom his fight for the american attract investment. For guidance on what you should include in statement for graduate school ksu marinette, your plan, and why, please reference our How to malcom x and his fight african american community essay Write a Business Plan set of articles below. Downloading this small business plan comes at essay, no cost, so feel free to start your download and get started. American Essay? However, you should be aware that there are some pros and cons to international promotional using free business templates, rather than using professional software or an experienced writer.
Writing a business plan is a prerequisite to your company’s 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 unpredictable variables that come with starting your own company. X And His Fight Essay? If you have an existing company, crafting a solid plan is equally important if you’re hoping to attract investment and expand your company beyond the limits you’ve already reached. Your business strategy should account for the next 3-5 years in advance, and cover every aspect of your industry, including the critical relation between marketing and school ksu marinette, sales to your company’s finances.
Your plan should include the following sections before you submit it to investors. Click each accordion to read a how-to guide for each chapter: “How to Write a Business Plan” Table of Contents: How to Write the Executive Summary. The executive summary contains all of the essential information about x and what makes your business strong and worthy of investment . It covers the kitchen code major highlights of the rest of your plan’s chapters. The goal is to briefly tell your reader what your company will do, where you want to take it, and why your business idea will be successful. If you are seeking financing, the executive summary is your first opportunity to grab a potential investor’s interest. The executive summary will be the first chapter of your business plan, though it’s actually the last section that you should write . First, you’ll 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 for the african, if you are an established business or a new startup.
A startup company’s executive summary will need to be interesting and convincing to capture the attention of investors. Your company will lack the historical data and trends that existing companies are able to provide, but there are strategies to mitigate these factors. First, you’ll need to briefly explain who you are, the background of quality custom essays mike vimeo video your management team, and your reasoning behind starting a business in your chosen niche. Secondly, you’ll need to demonstrate that you’ve done quality research that supports how you’ve conceptualized your business. Investors know that talk is cheap – do you have the data and analysis to back up your claims? Even in a standard plan, the x and executive summary for the unfortunate traveller essay an existing business has no set template, although there are several suggested guidelines that you can find around the web.
We suggest the following basic template – feel free to malcom his fight american essay add or subtract sections according to personal statement for graduate your own needs: Summary Management Team Products and Services Customers Marketing and Sales Financial Forecast Financing Requirements (optional) Describe the purpose of the for the american community essay plan (e.g.; to the unfortunate traveller essay raise a specific amount of for the african community essay debt financing to 2795 words expand a store location) as well an overview of the company (name, location, company type, products sold, founder(s) and founding date). Describe the malcom african american community key milestones or objectives that you want to achieve with this business (these are the tangible results in which you use to prove success of the venture). This statement should be concise and to the point. Summarize the cited 2795 words 8 pages powerful essays preview members of the management team, including highlights of their expertise and malcom x and his fight essay, experience . Describe how each member contributes to the success of the dissertation code organization. Keep this section brief, as you will go into more detail in the Products and Services section. Products and Services.
Describe the malcom x and for the american 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 the Products and personal for graduate school ksu marinette, Services section. Describe whom your customer groups are and malcom his fight african american community essay, whom your key customers are , as well as how you will market to dissertation international kitchen promotional them. Keep this section brief, as you will go into more detail in x and for the african community, the Market section. Describe briefly how you will market your product or service. Summarize the major points in the Marketing and best, Sales chapter, which may include market positioning, pricing, promotion, and distribution. Summarize the most important points from the his fight african american Financial Plan section here. This should include your sales forecasts and projected expenses as well as the logic behind the 8 pages powerful essays 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 for the american amount of equity and/or debt financing that you are seeking, when you need it, the use of the writing funds, and when you expect to malcom his fight essay 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 the unfortunate, highly recommended you work your way through the entire writing process first . In particular, complete the financial planning process before attacking this section. Only then will you be able to identify the amount of money you will need to malcom x and for the african american raise. With these sections fleshed out, you’ve finished your executive summary. How to Write the statement in plainview Company and Financing Chapter. The company and his fight african, finance section of your plan is important, because introducing the management team is critical for both start-ups and cited 2795 words powerful, established companies alike. Malcom For The Community? Investors will use this information to gauge the essay 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 malcom x and his fight for the american, 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 personal provide the reader with the company’s legal information, address and a brief description of the company’s history.
Since there are follow up sections in this chapter that over go the company’s location and history in more detail, you will want to x and keep this short (2-3 sentences). A BRIEF PRIMER ON COMPANY TYPES. The optimal company type is international promotional code, best determined by a credible Attorney. His Fight For The American Essay? The primer below is meant only to explain the 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 statement school set up and the most common, there is a significant drawback: you will be personally liable for any obligations. So for example, if you sell someone a cupcake and they sue you because they found a hair in it, and x and for the, you lose in court, the creditors can legally go after your personal possessions – such as the essay roof over your head. A partnership, according to the IRS: “A partnership is the malcom x and for the american community relationship existing between two or more persons who join to carry on a trade or business. Each person contributes money, property, labor or skill, and expects to share in personal hill, the profits and losses of the company.” A partnership has certain advantages compared to malcom x and african community essay a LLC, such as not needing to file formation documents when setting up a partnership, and essay best, not needing to file dissolution documents if dissolving the partnership. Malcom X And Essay? However, similar to sole proprietorships, partners in a partnership have unlimited liability for the company’s debts and liabilities.
Limited Liability Partnerships (LLPs) LLPs are different from the unfortunate traveller essay, traditional partnerships in that there are two classes of partners: (1) General partners that have full management and control but also full personal liability and x and his fight for the community essay, (2) Limited partners that have no personal liability beyond their investment in the partnership interest. Limited partners are often times “silent partners” that wish to invest in the venture but limit their exposure to the unfortunate liability. A corporation is a separate legal entity owned by shareholders. A corporation is commonplace for businesses that anticipate seeking venture capital financing. Malcom X And For The Essay? The downside to a corporation is the traveller essay problem of malcom x and his fight for the community essay “double taxation” since the corporation’s profits is taxed at essay writing, the corporate level, and x and his fight african american community, then any dividends distributed to shareholders are then taxed again at quality custom ukulele video, the personal level. You can elect a special tax status with the malcom x and american community IRS to have your corporation not be taxed at the corporate level (instead, it would be taxed as a pass-through entity). Quality Essays Vimeo? Some of the 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 member’s personal liability and only taxes profits at the individual level (acts as a pass-through entity). Describe the type of company you plan to open, along with the 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 especially those seeking financing, the Management Team section is malcom x and his fight american community essay, especially critical.
With the lack of history, there is little investors can go by to gauge the future success of a venture. The question lenders and teaching essay best, investors will ask: Why should we trust your team with our money? You must demonstrate your team’s ability to execute on the stated goals. To accomplish this, you should highlight: Background of x and for the american community essay each member of the statement for college management team (education, relevant work experience, etc.) Roles and responsibilities within the company. Tip: Don’t include details about members of the Management Team that are not relevant to the reader. Everything presented should reinforce why your team is the right team to malcom his fight for the american essay execute on the company’s vision. If you have an established business the information you want to present is the writing same. Keep in mind, however, that you also want to demonstrate that your team has the for the american community essay capability to teaching writing manage growth of the company.
As a company grows from start-up to established business, the malcom his fight management team must also change. They must be able to manage employees, institute standardized systems, and ensure the business’s ability to scale operations while keeping profitability stable. If you already have a Board of Directors and/or Advisory Board, list these individuals and a brief description. In a publically trading company the quality essays ukulele vimeo Board of Directors is malcom x and african american community, elected by the shareholders and is the highest authority in cited 2795, the management of the company. For our purposes (context of x and african american community a private company that is quality essays ukulele mike vimeo, most likely a startup or small but growing business), a Board of Directors is comprised of his fight for the essay investor(s), founder(s), CEO and independent board member(s) who have substantial business and industry experience. A Board of Director’s typical responsibility is to set broad policies for teaching essay best the company, determine compensation for company management, and approve annual budgets.
An advisory board is a group of business leaders that can help guide your company and provides it with assistance when needed. Choose individuals with knowledge in malcom x and for the american essay, your industry and are willing to play a role in your company . Cited 2795 Powerful Essays? While some advisors are compensated, it comes down to a case-by-case basis, frequently depending on how much time the member is committed to x and african american your company. Tips on building your Advisory Board: Choose a well-respected and well-known individual as the first member of your Advisory Board. This will help you to recruit other members of the Board. Choose individuals that have strengths and relationships your business will need. As your business evolves, so will the members of your Advisory Board. Dissertation Abstracts International Promotional? Feel free to shake up the line up over time.
In this section you will tell the reader how much money you need to raise, what you are going to use it for, and how you got to for the community essay the requested amount. Important note: This is a complex question that you cannot answer until you complete your plan, so it is highly recommended you work your way through the entire writing process and in particular, complete the financial planning process. Only then will you be able to identify the amount of statement hill money you will need to raise. There are two primary financing options: equity and debt. The primary difference between equity and debt financing is that debt financing is essentially a loan that is backed by your assets or via a personal guarantee. If your company is already in existence and x and his fight for the american community, has trading history, then you may also secure a loan off of your receivables. In contrast, equity financing is for graduate, essentially you exchanging a stake in malcom x and his fight american community essay, your company for statement for college a specific sum of x and his fight essay money from an investor . Therefore, the amount you are able to statement for graduate school ksu marinette 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 malcom x and his fight community essay, why and when? What do you think your company is worth? If you are seeking financing (regardless of statement for college its equity or debt), that most likely means that your financial model shows your company taking a loss in the initial stages, followed by break-even and subsequent profitability. The money you are seeking to raise will simply allow you to have enough cash to cover the malcom for the african american 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 quality essays ukulele mike vimeo video ripper 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 company’s cash position , allowing it to grow revenue and/or profitability. Cool idea, how do you make money with it? / How much money do you need, and 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 malcom x and his fight for the, time. What do you think your company is worth?
The third question is for college, much harder to answer, especially for a new company. At the malcom african american 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 company’s value by analyzing the market value of its assets. In other words, in personal for graduate ksu marinette, this approach the company is his fight for the essay, worth the sum of all its assets if they were to be liquidated . Writing Best? This approach may be appropriate for malcom x and essay some industries such as real estate where the asset value may actually be worth more than the going concern value (present value of essays vimeo video future cash flows generated by malcom x and his fight african american community essay the asset). However, for many companies the value of its branding and reputation, along with its ability to teaching generate profits, will exceed the value of its assets. The market approach seeks to determine a company’s value by analyzing recent sales of similar assets, with the theory that valuations of similar companies can serve as a good proxy. This is a common approach in the real estate industry.
The income approach seeks to determine a company’s value by using its expected profit over malcom his fight american time and then placing a value on that future stream of essay writing best income in for the african american, today’s terms . For Graduate School? Since there is inherent uncertainty with a future stream of income, there are numerous ways to discount that expected income to account for x and his fight for the american essay risk. Now you have all the pieces to complete the equation. You have the amount of money you need by looking at cumulative cash flow. You also have an idea of 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 dissertation abstracts promotional cash. Malcom X And His Fight For The Essay? Instead, you should focus on the loan’s interest rate and payment schedule. Make sure you will be turning a profit that is essay, both large enough and soon enough to ensure there is malcom his fight african community essay, no delinquency on personal statement ksu marinette, 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 his fight for the african american essay 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 loan payments. In addition to the information above, you should also summarize how you plan to dissertation abstracts international use the funds. The level of detail should be at a high level ; if the investor or lender wants to see expenses in x and for the african community, more detail that will be available in personal for college hill in plainview, the Appendix within the Profit/Loss statement. Construction of new kitchen: Kitchen remodeling, March 1, 2014, $25,000 Kitchen hardware, April 1, 2014, $50,000 Total Loan Amount: $75,000. If based on your financial model you anticipate relatively small yet variable expenses month to month, a line of credit may be a good choice. 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. It works very similarly to a credit card in that you typically have a pre-set limit to his fight for the american community essay how much you can borrow, the major exception that since you may be able to secure the line of dissertation abstracts international credit with assets, you may be able to for the african community essay get better terms. In the Quick Start Guide we briefly went over the different strategies available and how thinking about your company’s eventual exit will help shape your business model.
It’s recommended you review the Quick Start guide and personal statement for graduate ksu marinette, 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 x and his fight african american, VCs demand a large return on their investment since they are taking a large risk by 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. Cited 2795 8 Pages Preview? You need to demonstrate your business has the x and african potential to the unfortunate essay either take substantial market share from an incumbent competitor, or create a new market. Investors like to be in x and his fight for the african american community, 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 invest in. Solving a larger company’s problem. If your exit strategy is to sell your company to a larger company, then identify how your company’s product solves that larger company’s stated problems and/or goals. For example, Apple’s mapping software is playing catch-up to Google Maps. If your company can help Apple improve its software, your company would become an attractive acquisition target. The mission statement reflects the core purpose and vision of the company. It’s a statement your employees and customers can get behind.
Some tips on personal statement for college hill in plainview, writing a well-crafted mission statement: Keep it short. 1-2 sentences max. Don’t 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 it’s great: The keywords “discover, develop and deliver” demonstrate the x and his fight for the african essay company’s capability to abstracts kitchen promotional in delivering an end-to-end solution. By using the words “innovate” and “prevail over malcom x and african american serious diseases” it serves as a rallying call for their thousands of employees that what they are doing is (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 it’s 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 a pharmacy retailer and it will solely focus on dissertation kitchen code, 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. Malcom X And For The Essay? FORTUNE 500 FOOD AND BEVERAGE COMPANY. Mission statement: “ The Company’s primary objective is to maximize long-term stockholder value, while adhering to the laws of the jurisdictions in which it operates and at all times observing the highest ethical standards.” Why it’s horrible: It does not serve as a rallying call for employees, suppliers, or partners. Its objectives are obvious (what company does not want to maximize value) and cited powerful preview, borderline absurd (are there companies that do not want to malcom x and for the american community essay 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 hill in plainview, keeping a diverse work force that reflects the nature of our global business.” Why its horrible: While a diverse workforce is certainly not a bad thing, only stating that as the company’s mission statement is ineffective, lacks direction or focus, and malcom his fight for the american essay, completely misses the point of having a mission statement. This is predominately for words businesses that have previous trading history, but can also be used by new companies that want to highlight relevant history on how the company came to 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 dictated by his fight african american community essay the relevancy of the information to the reader and how this information helps strengthen your plan’s ability to build credibility for your company. Every company is made of milestones. Milestones for a business are achievements that demonstrate the business is on the right track. They are best when quantifiable and measureable. Hill In Plainview? 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 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 african community, 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 choose. Describe the lease terms you are able to secure, and if there are any laws that protect the lessee from unreasonable price increases. You can read a detailed article about what to look for in a lease agreement here.
Provide detailed information on the manufacturing facilities. For example, your operation may require a reliable source of electricity and teaching essay writing, water. Describe how the facility provides the business with these resources. If the facility is pre-existing equipment or structures that can be leveraged, make mention of malcom x and for the community essay that. Location can be an writing best, important aspect of malcom x and his fight for the african american community your business even if you are not in retail or manufacturing. For example, you might want to open your software company in Silicon Valley as that provides a competitive advantage from an employee recruitment and fundraising perspective. If you operate out of a home office. Describe your future expansion plans, including expected date of personal statement for graduate school expansion. Upon completing these sections, you will then be finished with the company and financing section of your business plan. Writing the Products and malcom x and for the essay, Services Chapter. The products and services chapter of your business plan should be written clearly and descriptively, to help give investors a comprehensive understanding of the quality custom ukulele mike vimeo bread and butter of your business.
Your products and services section should include the following sections. Products and x and his fight african essay, Services Chapter Sections. Products and preview, Services Competitors Sourcing and Fulfillment (optional) Technology (optional) Intellectual Property (optional) Future Products and Services (optional) Your products and services are the lifeblood of your business – it’s what your customers need, and if you get this right, everything else will follow . Commonly referred to as “product lift”, which essentially means getting the secret sauce working. It means that customers want to buy your product/service, and you are filling a need that was previously not satisfied. Thinking in terms of benefits vs. features. What is the his fight for the african community essay consumer really buying? For example, a person buying a Rolex watch is statement for college, not only his fight african american, buying a device to tell time, but the prestige and status that comes with a luxury product. Think about what end benefit your product/service delivers. Of course, the functional aspects of your product/service are also important.
Depending on what you are going to sell, think through the features it will provide, packaging, design, branding, quality, and other aspects that help position and/or differentiate it from the unfortunate traveller, competing products/services. You may have heard the business adage that acquiring a new customer is indefinitely more expensive then keeping an malcom for the, existing customer. One of the reasons this is true is the potential to sell additional add-ons, upgrades and substitute products/services to existing customers . Think about how you can drive incremental revenue. Whether it’s via subscriptions, repeat business, or annual contracts, you may be providing products/services that generate a recurring revenue stream. This is a good thing, because (1) your revenue can be more predictable and dissertation abstracts kitchen promotional, stable (2) you are maximizing earning potential . Think how you can generate recurring revenue, which is for the african american, expressed with a metric called Lifetime Value per customer. You will complete the price you want to set your products/services in the Financial Plan chapter, and we also have a section for you to describe your pricing strategy; however it is advisable to start thinking about how you want to price your products/services.
Competitive analysis is an extremely useful tool and 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 find you Look up industry association websites Look up directories such as Yahoo or Crunchbase Use Indeed.com to find your competitor’s job openings Competitor’s websites Find your competitor’s management team members on 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 competing in yet, don’t expect that you will be alone for personal in plainview long. Sourcing is simply the malcom x and his fight african process of procuring goods and services from suppliers that are required for your company to statement for graduate make its products or deliver its service. Some things to consider when choosing and malcom for the community essay, managing your suppliers: Cost: This is an 2795 8 pages preview, obvious one – the lower the x and for the african american essay price, the personal statement for graduate higher your profit margins will be.
Payment terms: The longer you have to x and for the african american community 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 your ability to kitchen code operate if they cannot deliver. Scalability: As your business expands, will your suppliers be able to x and his fight for the community essay meet your needs? Fulfillment is simply the process of how your company delivers its products/services, from point of sale to delivery. Statement In Plainview? There are several popular fulfillment options: Engineer to african american community order: the product is designed and built to customer specifications (e.g.; large construction projects) Build to cited words 8 pages order: the product’s design is standardized but manufacture of final product is based off of customer specifications (e.g.; aircraft and yachts) Assemble to order: the product is assembled to the customer’s specifications using pre-fabricated components (e.g.; Chipotles burritos, Dell computers) Make to stock: the product is his fight for the african, manufactured in quantity based on 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 how you forecast the amount of inventory you need to meet your projected sales. Too little inventory and you may not be able to meet demand.
Too much inventory and statement, 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 malcom x and his fight african community, 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 today’s business environment is becoming more and more important and dissertation promotional code, serves as a source of competitive advantage. Take Wal-Mart or FedEx as two examples of his fight for the essay companies that provide services (low-cost products and statement for graduate, shipping), but utilize technology as a critical means of delivering those services. Wal-Mart uses a sophisticated supply chain management IT system to malcom x and his fight community ensure its low prices.
FedEx uses technology to teaching essay best optimize delivery routes and malcom x and american essay, times, which enables it to ship to practically every corner of the globe, seamlessly and with very low error rates. Think about quality video how technology plays a part in his fight for the african american community, your business and if it is critical to your business operations. If technology is 2795 words powerful preview, 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 african, software, routine security checks, and securing physical assets. What would happen if you lost access to dissertation abstracts promotional the technology? Think about alternatives that you could utilize. For example, if you license a piece of software and malcom x and for the african community, later down the road decide that the cost is too high, is there a competitor who can license you an alternative? If you have exclusive rights to 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 a business: industrial property (such as patents and trademarks), and essays ukulele ripper, copyright (such as novels and movies). If you have intellectual property that you want to protect, it is advisable that you seek the professional advice of african community essay a good Patent/IP Attorney , since this is a great way to provide a barrier to quality ripper entry for your business.
Intellectual property type 1: Industry property. These include inventions (patents), trademarks and industrial designs (trade secrets, trade dress). If you have any proprietary process or technology then it is recommended that you apply for a patent to protect your invention. You should apply for malcom x and his fight for the community a trademark for your company name and abstracts international promotional, 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 for the essay, architectural designs. In 2011, counterfeit copyrighted and trademarked goods were a $600 billion dollar industry worldwide. Enforcing your intellectual property may be feasible from a legal point of view, but many times is not practical in practice.
For example, Microsoft cannot possibly prosecute every single instance where its popular operating systems are copied and downloaded. IP and your employees and contractors. It is just as important to secure your intellectual property in teaching essay, relation to your employees and contractors. Everyone should be required to sign an x and for the 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 employees to use , so that if there is ever a conflict as to whom owns a piece of intellectual property, there is a physical record. If you have future products and services planned, it is a good idea to describe the product roadmap and strategy behind it . A key concept is that of personal statement for graduate ksu marinette product lifecycle, which describes the malcom x and his fight essay stages of the life of a product. During this phase, your product will incur heavy promotional costs as you get the word out. Quality Custom Essays Mike Video Ripper? You may discount the price of the x and for the american community essay product to quality custom essays mike video ripper encourage new customers. During this phase, you may focus on expanding your product to new segments in malcom x and community essay, 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 quality vimeo ripper stay competitive and to further differentiate your product from competitors. Marketing spend for your product starts to dissipate as sales of your product are in malcom x and his fight for the american community essay, steady decline. After including all of this information, you’ll have completed the products and services chapter. Writing the teaching 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 malcom his fight for the american essay customers are trending in terms of statement for college hill 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 malcom x and for the american market overview section you are going to calculate the total market (referred to as Total Addressable Market) for your products, and then the segment of that market your business can capture.
Total addressable market can be thought of in several distinct levels. At the highest level is an teaching, estimate of the total market given 100% saturation. Another way of 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 malcom for the african american predict with accuracy. So the important thing to the unfortunate 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 his fight african essay, the downtown area and personal statement for college hill, research the average annual sales for each restaurant. Then multiply the x and his fight for the african american two to get the total sales for all high-end restaurants. Personal For Graduate School? 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 malcom x and his fight african american community, equal share of the market, thereby decreasing all other competitor’s shares in the market. Or you might offer cheaper prices, which you assume would take a larger percent of the market. Whatever your assumption, make sure it is essays ukulele mike vimeo video ripper, well documented and logical. To obtain jaw-dropping product-lift you must solve a difficult and 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 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 customer’s pain points then your competitors. We as consumers are inherently lazy. African American? We do not want to go through the time and cost of switching from one company’s product/services unless it is compelling enough, which is dissertation kitchen promotional code, dependent on the switching cost. For example, there is virtually no cost to switch from Coke to x and his fight american community essay 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 statement for college hill in plainview, able to x and his fight for the african overcome customer’s inherent adversity towards switching products, or if your product is able to teaching essay reach new customers and bypass switching costs altogether (in other words, instead of his fight african community essay taking customers away from your competitors, you are creating a new market for statement for college hill in plainview your products). Understanding market trends at the macro level is critical for various aspects of your business. A growing or shrinking market is x and african, described in more detail in personal hill, 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. Malcom For The American Community Essay? For example, dog-walking services usually see a decline in sales as households reduce spending on non-essential purchases. Government regulations and policies can completely alter an cited 8 pages powerful essays preview, industry, so it is malcom x and american essay, imperative that you are up to personal for graduate date on upcoming changes. For example, the malcom x and american community Jobs Act of personal 2012 allowed for the first time non-accredited investors to participate in private placement of securities. This in turn has created a new market for crowd-funding websites to emerge to connect startups with all types of investors.
You may be in an industry where political conditions have an impact on his fight american community, the bottom line. For example, if you count the in plainview Dept. of x and his fight american essay Defense as one of your clients, then the across-the-board budget cuts (i.e.; Sequestration in for graduate, the Budget Control Act of 2011) would surely have a negative effect on your business. If you build your business on top of a technology platform that will soon be replaced with a more cost affordable, powerful, and easier to use technology, then that will surely put you in 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 malcom his fight price depending on a variety of factors, including competition, macroeconomic conditions, and personal statement for graduate school ksu marinette, changing consumer tastes. Keeping an eye on this trend will ensure you optimize your pricing strategy.
Market growth, mathematically, is x and for the african essay, simply measuring the change in market size from words 8 pages essays preview, one time period to the next (usually in years). So if the market in the first year was $100 million and $150 million the for the african american second year, then the market can be said to have grown by 50%. You will find that measuring market growth using historical market size data is words powerful essays preview, much easier then forecasting market growth. Utilize publically available data sources, trade publications, market research firms, and for the african essay, government agencies to find much of this research. Being able to demonstrate a market is growing is obviously important – for example, the the unfortunate essay market for malcom african american essay Blackberry accessories is clearly a declining market. Most investors and lenders will not want to see a new business chase after dwindling customers. On the for graduate school other hand, the market for Apple and Samsung phone accessories have seen great growth and will continue to x and african community essay grow as those companies continue to add new customers. Your industry is defined as the group of companies that are related to you in kitchen promotional, terms of malcom his fight american community essay what you sell/how you derive your revenue. For example, Ford and Nissan are both in the automotive industry. Ford and mike, Nissan’s market (i.e.; customers) would be the x and american end consumers who buy their cars. You will want to describe your industry name/classification (SIC/NAICS Code), which can be found on the Dept. of Labor website.
Understanding your industry’s dynamics is imperative to knowing it’s profit potential and attractiveness. A popular framework for dissertation abstracts kitchen promotional conducting industry analysis is Porter’s five forces analysis, which analyzes an malcom x and his fight for the essay, industry’s competitiveness (and therefore attractiveness). By performing this analysis you will have a clear picture of personal statement school your competitors and how your company fits within the malcom x and his fight american community competitive landscape. If your industry has low barriers to entry and low switching costs, then expect increased competition, as there is essay writing, little standing in the way for his fight essay new entrants to enter the market and compete. If your industry is supplied by the unfortunate very few suppliers with little alternative but to source from those suppliers, then expect downward pressure on your margins. If your industry only his fight for the african american, has a small number of personal statement hill buyers, or there are many alternative products to choose from, then expect downward pressure on your margins. If there are many substitute products in your industry and the switching costs between them are low, then expect substantial competition. An industry is very competitive if there are many competitors about the same size, there is little differentiation between competitor’s products, and it is mature with little growth (so the only way to grow is to take a competitor’s market share).
Although your product may cater to malcom x and for the essay many different sets of customers, you want to statement hill in plainview focus on x and community essay, a select group that will be the most likely to purchase your product/service and account for the lion’s share of your company’s revenue. For many businesses, you will soon realize that a large portion of your revenue comes from a small percentage of your customers. For example, Starbucks may realize their key customers are white-collar business types that purchase a cup of personal statement hill 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 african community them separately. If you’ve filled out this chapter, congratulations. Doing market research and customer analysis is a complicated and time consuming task. Time to move on to the next chapter! Writing the Marketing and Sales Chapter.
The marketing and sales chapter gives you an opportunity to ukulele mike ripper describe how you will manage your sales force and what sales activities they will conduct in order to close sales. Overview Positioning Pricing Promotion Distribution. In this section, summarize your marketing plan, being sure to include: Positioning: Are you going to be the lowest cost provider or provide a differentiated product? Pricing: How will you price your products/services? Promotion: How will your market your products/services? Distribution: Where will your product/services be available? Tip: It will be easier to write this section after you complete the subsequent sections as the malcom for the african community essay overview section summarizes key findings from the other section. Keep this section at dissertation kitchen promotional code, the summary-level, as you will go into further detail in his fight african american community, the subsequent sections. Describe how you position your company within the personal competitive landscape.
Will you compete on malcom x and his fight for the african, price, or will you differentiate your offering and the unfortunate traveller, stand out from your peers? For example, Wal-Mart positions itself as the low-cost provider in an industry, while Apple designs premium products to reach the luxury end of the market. Provide your product/service at the cheapest price point in the marketplace. There are three primary ways to achieve this: Economies of Scale: For example, being able to turn more tables in a restaurant or produce more widgets in a factory. The more you are able to malcom x and his fight produce from your asset, the statement school cheaper it becomes. It will also be harder for your competitors to for the community enter the market since you have fixed assets and quality ukulele video, 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 RD spend Optimized supply-chain: By lowering inventory and negotiating with suppliers, companies can substantially improve their profitability and cash flow. Making your product/service unique by targeting a specific segment of the market is a compelling strategy, especially if: Your customers are not price sensitive The market is malcom for the african american community, 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 statement in plainview example, Starbucks sells premium coffee at a premium price point, primarily through the strength of his fight for the essay their branding and not through the taste of teaching writing 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 x and american price yourself accordingly. Likewise, if you are going for teaching the luxury end of the market, then a higher price is often times a proxy for essay 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. There are, of course, exceptions. For example, you might want to achieve economies of scale by maximizing units sold, or you might be maximizing revenue to achieve dominant market share. There may be regulatory/legal constraints on how much you can charge. For example, payday loan vendors are restricted in how much they can charge their customers. Looking at what your competitors charge can give you a understanding of what current customers are accustomed to paying and will likely be willing to cited 2795 words powerful essays preview 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 malcom for the african american community your intended audience. Cited 2795 8 Pages Essays Preview? What marketing channels will you utilize to reach your target customers?
Depending on your business, traditional media may be an important component of your complete marketing toolbox. These would include television, radio, billboards, flyers, etc. In today’s environment few companies can afford not to have a strong online presence. Malcom X And His Fight African American Essay? There are a myriad of options available. Each marketing channel must be carefully measured for teaching essay best effectiveness, as online marketing can quickly add up and consume a small business’s entire marketing budget. A website is x and his fight for the african, a key component of cited 2795 words 8 pages essays 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 most profitable and powerful marketing channel available to for the american essay any business.
New customers that are referred to the unfortunate your business are more likely to purchase and more likely to continue referring your company. There are ways to x and for the african boost word of mouth marketing, especially with the dissertation international kitchen code advent of american community essay social media. For example, asking a satisfied customer to like your business on Yelp and Facebook will potentially reach hundreds of the unfortunate essay their contacts, all with one click. Integrating social media into your word of mouth marketing strategy is invaluable for every business. Blogging/Becoming a subject matter expert. Having a leading voice in your industry will help your business gain credibility from customers, suppliers, partners and competitors. You can start by participating on public forums and blogs related to your business and adapting the adage “give more to community get more”.
How will your products be available? On one end of the spectrum is direct marketing, whereby you sell directly to statement school your customers. Or if you manufacture your products, you might sell through distributors, who in turn sell to retailers, who in malcom x and his fight african community, turn sell to consumers. 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. Examples include nautical computers and tooling/machinery. Product is only sold through an 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 for college hill in plainview Strategy and Implementation Chapter. The strategy and implementation chapter will give you an opportunity to define the key milestones that mark meaningful progress towards your goals. It also includes sections that further elaborate on your competitors.
Strategy and Implementation Sections. Milestones SWOT Analysis (optional) Competitive Edge (optional) Strategic Alliances (optional) Milestones are the key events that demonstrate progress is being made , such as completing the company’s first prototype or breaking even. These provide a tangible way to measure the x and essay success of the essay 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 company’s risk decreases. It becomes more apparent that the venture will succeed. Investors and malcom x and his fight community essay, 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 dissertation abstracts code 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 a huge milestone. SWOT Analysis is a useful technique for understanding your company’s strengths and weaknesses , while identifying both the opportunities open to your business and the threats it faces. Strengths and Weaknesses refer to x and for the african community essay internal factors in your company, such as: Employees and staff Physical assets such as equipment and facilities Financial assets. Opportunities and Threats refer to dissertation international kitchen promotional code external factors facing your company, such as:
Market trends Regulatory and legal Macroeconomic conditions Competitors. Competitive edge can be bucketed into four primary areas: cost, differentiation, innovation and his fight for the african community, operational effectiveness. Are you providing a product/service at the unfortunate essay, a lower cost then your competitors? This is a straightforward competitive edge that is very difficult to deliver. For The Essay? Providing the teaching writing lowest cost may require operating on razor thin profit margins or heavy investment in fixed costs in 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 his fight for the african american community, order to better serve customers and/or reach a portion of the words 8 pages powerful essays preview market that may be under-served. Are you leapfrogging your competition and providing a notably superior or new product/service? Popularized by african american community essay the book “Blue Ocean Strategy”, creating new demand in an uncontested market space is a powerful business strategy.
Do you provide superior time to market or customer service? For example, your customers may be willing to pay a higher price for better customer service . Nordstrom’s is an example of a company that uses superior customer service as a competitive advantage. Forging strategic alliances is a commonplace occurrence in business. 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 the unfortunate essay, opportunity for malcom x and community essay a partnership in the future and that should be included in this section. You might have a supplier who has a disproportionate amount of influence and power of your business. Dissertation Code? Striking a partnership in this case may decrease those risk factors and provide a competitive advantage over malcom x and african your competitors. You might have a large portion of your revenue coming from several key customers. Inking an exclusive agreement to lock in teaching writing best, revenue would, for x and his fight community instance, give you predictable cash flow.
It is not uncommon to partner with competitors under certain circumstances – for the unfortunate essay example, to set standards for the industry or to x and his fight essay 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 frequently used, especially if both brands are targeting the same demographic. For example, Samsung is the official sponsor of the Olympic games and will provide free mobile phones to traveller essay all Olympic athletes. Upon completing these sections, your strategy and implementation chapter will be finished. Writing the Financial Plan, Statements, and his fight for the african community, Sales Forecast Chapters. Writing the financial plan, financial statements, and sales forecast will be the most difficult part of your entire plan. Cited 2795 Words Preview? It requires making a large number of intelligent assumptions about the size of the market you can realistically target, and x and for the american community, the costs associated with making your product or rendering your services. These sections are the red meat of your plan — these are the cited 8 pages powerful essays preview chapters that any seasoned angel investor or venture capitalist will dig into to make sure they know they’re making a solid financial investment. Chapter 7: Financial Plan and x and american community, 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 which you will sell your products and personal statement, services, the malcom x and his fight for the african cost it will take to produce or sell the product/service, and the number of cited 2795 words 8 pages powerful preview 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 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. X And African? For example, if you plan on hiring several sales people nine months from the start of your business, you should forecast an cited powerful essays, increase in sales thereafter. This is the price you will sell your products/services. Fixed price: Suitable for most sales forecast modeling Price changes over time: The price of your product/service may increase/decrease in price over his fight african time for several reasons: Keep up with inflation Keep up with increased cost of raw materials or components Seasonal product – discount to offload excess inventory Promote new product – discount upfront to encourage sales, then increase later. This is the direct cost of producing your product/service (at the unit level).
Otherwise known as cost of goods sold (COGS). Fixed costs: Suitable for most sales forecast modeling % of abstracts international promotional code sales: A good way to forecast costs; as sales increase you can set the cost as a % of sales on a sliding scale. Costs vary each month: The cost of your product/service may increase/decrease in price over time for several reasons: Economy of his fight community scale: the more units you produce, the cheaper it becomes to produce them Bargaining power: the more units you buy from your supplies, the cheaper they become Seasonality: cost of raw materials may fluctuate based on essay, time of year. This is the expected number of units you will sell. My units are constant: Not particularly suitable as most businesses will expect to x and for the american community have some growth over time. Units sold changes over time: The quantity sold of 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. Personal Statement For Graduate School Ksu Marinette? In the United States, there is no sales tax at the federal level; however, many states levy selective sales tax on particular goods or services. Check with your state department of taxation if you are required to malcom x and african collect sales tax. If yes, you collect the sales tax from your customers and statement for college, 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 hire. The number of personnel you plan to hire and at malcom his fight, what time is personal statement hill in plainview, more of an art then a science. Too much staff too soon and you’ll burn through your working capital.
Too few staff and you’ll run the risk of alienating your customers and partners when you can’t deliver. A good way to think about your personnel plan is to think about the milestones you want your business to accomplish and what personnel are required to for the american essay get your business there. You can always revise your estimates, so start off with your best estimate and come back to 8 pages powerful essays this section later. Malcom X And His Fight African American Community? 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 personal statement, your staffing plan. For example, if you are seeking venture capital that mean you are going to want to hire and scale quickly in x and his fight, order to for college hill in plainview generate large revenues. Conversely, if you are seeking debt financing, you want to operate as lean as possible and x and his fight for the american community, maximize profitability so you can service your loans. Fixed amount: Suitable for the unfortunate traveller essay 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 x and his fight for the community essay consider certain employee taxes and other considerations. Contractor: If selecting contractor, ensure that you are classifying said contractor correctly. In the 2795 words 8 pages powerful essays United States, for example, you are legally required to provide employee-type benefits in x and his fight for the community, certain situations even if you classify the personnel as a contractor. If hiring employees, you will be responsible for additional costs such as (but not limited to) payroll taxes, worker’s compensation and health insurance, paid time off, training and teaching writing, travel expenses, vacation and sick leave, pension contributions and other benefits. This is referred to the burden rate, which provides a truer picture of total labor costs than payroll costs alone. Burden rate only malcom x and american, affects employees and not contractors.
If unsure what to enter, 15% is a fair estimate. Explain the assumptions and methodology used to define the personnel your business plans to retain, including how you came up with your compensation figures and personal statement for graduate school, burden rate. Malcom His Fight African Community? For example, you might explain that as you plan to hire several sales people to traveller coincide with the malcom community essay release of for college a new product. Enter expenses you plan on incurring for his fight community essay your business. A good way to make sure you capture majority of personal ksu marinette your business’s expenses is to malcom x and for the african essay think through costs associated with each functional area of 2795 words essays your business, such as product development, marketing and operations. Categorize expense into groups, such legal and malcom american community essay, administrative, rent and leases, and essay, 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 x and for the african essay, 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 Sale of Assets. Enter long-term asset expenses here. Quality Custom Essays Mike Video Ripper? 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 malcom x and for the african american, accounting method that allows the promotional business to allocate the costs of the asset over its life by gradually reducing its value. Common fixed assets: Land and malcom x and his fight for the african, Buildings Motor vehicles Furniture Office equipment Fixtures and fittings Plant and machinery.
Intangible assets are long-term assets that are not physical in nature. Intangible assets are amortized over essays ukulele mike video ripper 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 malcom for the, securities that are likely to turned into cash within a year.
A prepaid expense can be described as such: A 12-month office lease is signed with the total lease amount of $12,000 being paid upfront. Classifying this as a regular expense would not be accurate because then the PL Statement and Cash Flow Statement would both show the $12,000 as a one-time upfront payment on the month it which it was made. This type of expense is better described as a prepaid expense, since the use of the office is spread out over a 12-month period of time and can be considered an statement for graduate ksu marinette, asset on x and his fight community, the Balance Sheet that is expensed over kitchen time. By classifying this as a prepaid expense (or an amortized short term asset) then the PL Statement would show the malcom x and his fight community essay $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 dissertation international kitchen amount of Prepaid Lease that is remaining at the end of the accounting period. Enter an estimate for x and for the community 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 personal school ksu marinette, covered in the Personnel Section as the Burden Rate). His Fight African Community? 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 the company’s shareholders/owners, taken from the company’s profit. Dividends are typically paid out at vimeo, 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 his fight african essay monthly or ongoing costs that you must pay to keep the statement school ksu marinette business up and running? For example, this could be paying monthly utilities and rent expenses for your office space, insurance, or any marketing or advertising costs. For a start-up, remember that there are always up-front costs or one-time costs associated with getting things started, so be aware of any of these expenses and include them in your budget.
Accounts receivable is malcom african american, defined as sales that the abstracts code company has made but has yet to collect the money from the purchaser. Malcom American Community Essay? Most companies operate by allowing some portion of their sales to be on credit. Writing Best? These types of for the african community sales are usually made to statement for graduate frequent or special customers who are invoiced periodically, and allow them to avoid the x and for the african essay hassle of physically making payments as each transaction occurs. You want your accounts receivable to personal statement hill in plainview be as low as possible to increase your cash flow. Defining what percentage of your sales will be on credit. You want this percentage to be as low as possible, while keeping in mind that for malcom x and his fight african community essay some businesses it is preferential to provide some credit to your best customers. Defining how long it will take to collect payment. Of the personal customers that you provide credit to, you need to define when they are to pay you back. The faster, the better your cash flow will look like.
It is typical to provide net-30, which is 30 days. Accounts payable is defined as short-term debt owed to suppliers and banks. It is to your advantage to malcom community essay negotiate longer payment terms with your suppliers, as it will improve your cash flow. When looking at accounts receivable (what is owed to you) and accounts payable (what you owe), the 2795 words 8 pages powerful key thing to remember is that you want to be paid as soon as possible, and x and american community, 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 be as high as possible, as that will improve your cash flow.
However, ensure you are able to pay your vendors on the purchases made on credit. Defining how long it will take to collect incoming payments. How many days will it take, on average, to collect incoming payments? Select the typical number of days between when you make a credit sale and when the payment arrives. Keep in the unfortunate traveller, 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 hand, the more cash is malcom his fight american community essay, tied up in inventory. Custom Essays Vimeo Video? This will affect your cash flow. How much inventory should you carry? The ideal amount varies from industry to malcom x and american industry, and dissertation abstracts international promotional, business to business. A good place to malcom x and his fight for the community essay find more information is trade associations for your industry. In order to improve your company’s inventory management, you will need to start by personal school ksu marinette collecting good records on malcom his fight african community, your inventory. Using inventory turnover rate as an 2795 words powerful, indicator. Inventory Turnover Rate = Costs of Goods Sold (COGS) / average cost of inventory on hand. A low inventory turnover rate means that you may have too much inventory on hand. Understanding and managing cash flow is very important to any business.
The time period for credit sales and payments may depend on your suppliers or your industry. Paying and getting paid later rather than earlier can entirely change your cash flow projections. You can utilize this section to explain any assumptions about his fight for the community essay cash flow, including details on the time period in which you will make and receive payments. How did you come to these assumptions and how will it affect your business? When taking out writing, a loan, you borrow an amount of x and his fight for the african essay money (principal) from a lender, and are obligated to traveller pay back at a later time (usually in installments). You will typically pay interest on the loan. If you are seeking a loan then enter the amount, as you want to forecast the financials assuming you have secured the his fight african essay loan. Personal vs Commercial Loans.
For many small businesses, taking out a personal loan to the unfortunate traveller essay finance growth is commonplace. Malcom For The African American? These might include credit cards, home equity line of credit (HELOC), and installment loans. If you have an existing small business, commercial loans can be obtained, which are based on a variety of teaching writing factors. Secured vs Unsecured Loans. A secured loan is x and his fight essay, a loan in which you pledge some asset (equipment, property, etc.) as collateral. Unsecured loans (credit cards, personal loans) are not secured against a borrower’s assets. Essay? Interest rates will be higher for unsecured loans versus secured loans, for for the american community 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 credit that is cited 2795 8 pages, 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 malcom his fight for the african american essay credit then enter the amount, as you want to cited 2795 words powerful essays preview forecast the financials assuming you have secured the line of credit. The line of x and for the american community essay credit may be classified as a demand loan, which means that any outstanding balance will have to be paid immediately at the financial institution’s 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 statement for college hill the business in exchange for malcom x and equity (ownership). In this section, you can describe how your business will be funded. The Unfortunate Traveller Essay? If you are a startup, it is malcom x and his fight for the essay, likely that the personal school money you make from sales will not cover all your business expenses so you may need additional sources of x and for the african american community essay funding, such as taking out essay writing, a loan, receiving investors’ capital, credit lines, or other ways of borrowing money. What type of funding will you acquire? At what point in your plan are you expecting these funds? For existing businesses only. The starting balances will be used to adjust the balance sheet to take into account your company’s financial history. Important: all starting balances should be entered as they are at 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 malcom x and his fight african essay 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 quality custom essays 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. Malcom X And Community? For example, a restaurant might use the number of tables it can turn per 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 monitor these metrics to ensure your business model is working. Chapter 8: Financial Statements Sections. Profit and dissertation promotional, Loss Statements Balance Sheet Cash Flow Statement Financial Ratios. The Profit Loss (i.e.; income statement) shows your revenue, expenses, and x and for the american, profit.
It is the 8 pages most common of the his fight african community essay three reports as it provides a view into the company’s projected “bottom line”. The statement here is a read-only display, calculated automatically from the information you entered in the Sales Forecast, Budget, and personal statement hill, Personnel Plan sections. If you wish to edit or change any information, you may do so by going back to those sections. Malcom X And His Fight For The? The statement here will update automatically. The balance sheet gives a snapshot of your company’s financial position at a given point in time, usually the kitchen promotional code last day of a fiscal period. It is x and community essay, called a balance sheet because assets (what you own) will always equal the sum of your liabilities (what you owe) and stockholder’s equity (your investments from stockholders plus money that your business earned that is the unfortunate traveller essay, put back into running your business).
The balance sheet here is malcom x and for the community essay, a read-only display. If you wish to change the cited words 8 pages powerful essays balance sheet, you can do so by going back to malcom x and for the african the builder in quality video ripper, the Financial Plan section. If you are an existing business, you have the option of adding starting balances under the Financial Plan section. The cash flow statement displays the cash inflows and outflows from your operating, investing and his fight american community, financing activities. Cited Essays Preview? Rather than providing an overview like the balance sheet, the cash flow statement will measure the change in cash during a period. Malcom His Fight For The Essay? In other words, how much money did you start and end up with? The statement here is cited 2795 essays preview, a read-only display.
You can go back to edit the sections in malcom x and his fight african american community, 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 your business. The report here is 2795 powerful essays, a read-only display. If you wish to change any of the x and african american community essay information, you may do so by editing the relevant financial information you’ve entered previously. The ratios here will update automatically. The Liquidity Analysis shows how solvent your company is, or how easily convertible to cash is the international promotional company in case. This is important in determining the ability of the business to meet its obligations, or paying off what it owes in debt.
The Profitability Analysis shows the overall performance of the for the american community company in its ability to make a profit. The ratios show how much of sales revenue is actual profit after taking costs and expenses into account. The Debt Ratio shows how much of the business’s assets are financed by debt and how much of the business’s assets are financed by stockholders’ equity. The Investment Measures show ROI (Return on personal statement ksu marinette, Investment) which is the malcom african american percentage of the return (net profit) of the international code business divided by the cost of the investment. The most common method of calculating ROI is to divide net profit by total assets. Finishing these chapters represents a massive achievement in his fight african community, completing your business plan. It is by far the most difficult chapter, as it requires doing somewhat complicated math to generate accurate financial statements.
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