Kazoo Purpose Of A Business Plan And Its Elements - 1100 Words

Kazoo: Purpose Of A Business Plan And Its Elements (Term Paper Sample) Content: By NameCourseInstructorInstitutionLocationDate 1 Purpose of a business plan and its elementsIntroductionA business plan is a written document or a statement that states the goals of the companies and the progress of how the goals are going to be accomplished. Plan of activities includes the why, what and when questions to come up with a solid plan that will turn into a business (Salman, 2008).Plan of activities serves the following purpose: (1) it acts a directive, plan of activities helps in identifying how far you want to take the business and you achievement at the end, (2) business plan gives principles and structures to your idea, which ensures that all the components are included in the business,(3) it helps one to have perspective of the future, a business plan helps one to know what to do, when the business has picked up and how to deal with the competitors, therefore, it develops a long term idea and (4) plan of activities aid you communication to sponsors, c lients, staff and suppliers, a well-structured business plan will enable your business to reach out to many clients from any place in the world and the feedback can help you develop an outstanding business ( Salman, 2008 and Yashio, 2012).Elements of business planDescription of a businessThis element covers the description of the name of the firm; the mission of the business which is the feature in your business, the services of the company is it a wholesaler, retailer or a shop for providing services. The legal structure of the business is it a partnership kind of business, single owned or group of companies. Provides the illustration of full address of the company, the licenses obtained, the history of the company is it a new business venture or a continuity of existing business and the services it will provide to the clients (Yashio, 2012).Market analysisDescribe your target clients and market. Illustrate on how you will enter the market and ways of setting prices of your service s to generate favorable profit and remain competitive (Yashio, 2012).Marketing planDescribe you commodities and services, its benefits to target consumers, the pricing strategy of your services and products, distribution channels and ways of promoting your products to influence consumers (Yashio2012).Operational planExplain how the business is owned and managed on day to day running. Describe how you hire employees, how goods are produced or where you get you products, the facilities, equipment and type of technology you apply in your business, how you deal with legal issues and adherence to rules and regulation set ( Salman, 2008).The financial planDescribe the recent financial status and how your business adapts with the dollar change, the future projection of financial statements. Have a record of the initial set up cost including insurance, the cost of rent, license and renovation cost. Develop future prediction of the income for the next three or four years, monthly cash flows, business financial statement and a breakdown of financial for the years of predicted (Salman, 2008).Summary of your businessThis is a summary of all the elements included in the business plan (Salman, 2008). 2 Understanding business dynamic and how it helps to develop a long term businessDiana Nelson had a little understanding of the dynamics that exist in Toy industry. A well-established business plan is important to any startup business but to have long term serving business one must have a clear understanding of the dynamics that exist in the business that they tend to establish. Understanding the following dynamics that exist in Toy industry would have help Diana Nelson to enjoy a long lasting business operational and remains in the competitive market:The changing technology. Consumers expect a change in the make of products with the changing technology. Currently, children between the ages of four to twelve years prefer iPad and tablets to toys., this poses major challenge to the Toy industries especially Kazoo. Finding out ways to improve the products with changing technology would guarantee Kazoo's store serving a long term and would exist as a competitive store. Diana would have developed applications for iPad and tablets to keep the clients and adapt with the changing technology and serve the need of the customers that were attracted to their products and would make them outstanding over other stores such as Walmart ( Rajagopal, 2012).Analysis of the competition. Competition is one factor that limits many business ventures from long term serving. Kazoo is facing stiff competition from Walmart and other big Toy stores; competition ranges from products offered to buyers demand. Quaddus and Woodside( 2015), argue that the ability of the consumers to purchase products is influenced by the popularity of the company; many customers prefer to buy products from a well-known and stores that have been in existence for a long term. Diana would have looked at t his dynamic and find the best way to overcome this challenge, for example, develop a unique channel of advertisement that would help sell her business or carrying out research on how Walmart manage to compete with other Toy stores.

The Great Characters Of Sherlock Holmes And Psych s ...

We all use observation to a certain extent in our day to day lives. As human beings, one of the many stimuli that we use is sight, therefore one of the ways we learn about our surroundings is through observation. Many great characters from fictious literature and pop culture, such as Arthur Doyle’s â€Å"Sherlock Holmes† and Psych’s â€Å"Shawn Spencer†. While this level of observation may be unrealistic, the uses and benefits that come from it are still incredible. So, is one just simply born with these elevated levels of focus and mental capacity? Many don’t understand that much like playing the piano or painting a picture, observation is an art and skill in its own right. A skill that can be taught, acquired, and applied. Personally, a few years ago I barely scraped the surface of the power of observation. It was the spring of my senior year of high school, and my younger brother wanted to get together and draw pictures. I agreed, thinking it wou ld be fun, I had hardly picked up a pencil for art in a long time. As we got out the notebooks and a plethora of artsy utensils, we got started. But there was a problem, I continued to look at the blank page in front of me. I realized, I did not know how to draw! It was not that the drawings were inadequate, but that I couldn’t put my pencil to paper. If I wanted to draw a realistic tree, there would have been no way to make it happen. I decided that the lack of my ability to draw stemmed from the lack of practice. Gordon B. Hinckley,

His 105 Assignment 2 - 1361 Words

Industrialization after the Civil War John E. Brown Strayer University HIS 105- Contemporary U. S. History Professor Anthony McCormack November 9, 2014 Industrialization after the Civil War When the Civil War was declared over, the United States became a better nation because of the Constitutional Amendments that were passed outlawing slavery and giving the government as well as the state the ability to serve and protect everyone. This paper will also show major aspects of industrialization and its effects that it had on the U.S. economy. The three (3) major aspects of industrialization between 1865-1920 that influenced the economy was (1) Urbanization, Industrialization and urbanization went hand in hand. By the†¦show more content†¦Race relations deteriorated, and the little black voting that did exist was quickly done away with. In the 1880s, very few African American were allowed to vote in the upper South and in other parts of the South, but black office holders and voting majorities vanished, because the KKK were a very intimidating group of White supremacist who’s main objective was to put fear in the African American by burning crosses i n their yards and sometimes bombing their homes. I remember when I was growing up in the 60s and 70s in the south, and just listening to some of the older brothers that work in the cotton mill (textile mill) brag about how much money they were making per hour. Some of them were making 9.50 an hour; some were making 11.00 per hour. When I think back on those times, now I see why they always wore nice clothes and nice shoes, and had a fast car. I say that to say this, growing up in a family of 10 in the Deep South was not as bad for me as it was for my parents, however, they taught me how to take what you have and make it work for you and your family. I know that if it was not for Dr. Martin Luther King, Jr., Medgar Evers, Rev Jessie Jackson, and the entire Civil Rights activist group of the 50s, 60s and so forth who persuaded President Kennedy and President Johnson to sign the Civil Right Act of 1964, we as a people would probably be still doingShow MoreRelatedIndustrialization Af ter Civil War1523 Words   |  7 PagesAssignment 1.2 Industrialization After the Civil War Final Paper Student’s Name—Lacey Jaslaine Young Course Number –HIS 105 ------------------------------------------------- Quarter Name and Year—Fall Quarter 2015 ------------------------------------------------- ------------------------------------------------- ------------------------------------------------- ------------------------------------------------- 1. 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There were alsoRead MoreEssay on Industrialization After the Civil War952 Words   |  4 PagesAssignment 1.2: Industrialization After the Civil War Strayer University- HIS 105 August 3, 2014 After the Civil War, the United States went through a period of rapid industrialization which affected the nation dramatically. Industrial growth, the spread of railroads, the rise of big businesses, and the appearance of labor unions during these decades created a modern industrial economy, and American workers and farmers faced new challenges in adapting to these changes. There were three majorRead MoreIndustrialization After the Civil War Research Paper1321 Words   |  6 PagesAssignment 1.2: Research Paper Industrialization after the Civil War Shana Dukes History 105 Professor Tracey M. Biagas February 3. 2014 Introduction Industrialization after the Civil War was a period where Industrial city were being built, there were jobs for people and the political aspect was having corruption. 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This location was very important for the sparking of the revolution because the railroad , which was one of the causes of industrialization, was built here. The Historical Catalysts of Industrial Revolution: †¢ The Embargo Act and the War of 1812: In the early 1800s, the Napoleonic Wars between Britain and France challenged the neutrality of the United States. Britain and France created trade restrictions which was not only peaking others’ economies but

Who Has Power in This Scene free essay sample

Throughout ‘Of Mice Men’ power is a key theme; in the main George has power over Lennie whilst Slim has control over most characters. However each of the other characters asserts some form of power at least once throughout the book. In this scene Curley is angry at being humiliated in front of the ranch workers and so he tries to regain some control by starting a fight with Lennie. I will be exploring the shifts in power throughout the scene and what language Steinbeck uses to show the shifts. Curley’s is an aggressive and unpleasant character who is always picking fights; he is handy with his fists. When Lennie and George first arrive at the ranch Candy the swamper, tells them that Curley is ‘alla time picking scrapes with big guys’. It appears that Curley is trying to compensate for his small stature, he wants the respect of the men who work at the ranch and believes that violence and aggression is the only way to prove himself. We will write a custom essay sample on Who Has Power in This Scene? or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page The scene opens with Curley, the son of the ranch owner left fuming after Carlson a ranch hand calls him â€Å"yella of a frogs belly’’. In an attempt to recover power he attacks Lennie. He knows that whilst Lennie is the largest and biggest worker on the ranch he is also a simpleton, is easily intimidated and is unlikely to retaliate or defend himself. Curley sees the physical effect of his verbal outburst on Lennie. Lennie looks ‘helplessly’ at George and tries ‘to retreat’. Curley’s attack is planned because he is ‘balanced and poised’ he is in command of his actions. Hearing Lennie’s ‘cry of terror’ gives Curley a rush of power and incites him too continue his attack. Lennie is still too frightened to defend himself. Initially George does nothing to help Lennie he then decides to assert his influence over Lennie and take control. When George realises that Lennie isn’t going to defend himself he jumps to his feet and tells Lennie to ‘‘get him’’ as if he were a dog let off the leash. George tells Slim to ‘wait a minute’ when he tries to intervene this could be because if Lennie stood up for himself then Curley would know not to mess with him again. George urges Lennie on ‘Get ‘im Lennie! ’. Lennie looks for George’s reassurance and approval and George says rather more forcefully ‘I said get him. ’ Throughout the book we know that this is how George gets Lennie to do what he tells him by giving him clear, firm instructions. However it is possible that George realises that he has nderestimated Lennie’s ability to understand a command when he is frightened, confused because he has to shout over and over again ‘Leggo his hand, Lennie’. When Lennie finally accepts that he should defend himself he uses the only power he has. His strength. As Curley attempts to hit Lennie again Lennie grabs his fist and holds it in a vice like grip breaking the bones in his hands. ‘Curley was flopping like a f ish’. However Lennie is unaware of how great his strength is, he has no command over it and is unable to determine the impact of his physical power on people and animals. It takes George to shout ‘Leggo of him’ and to slap Lennie ‘in the face again and again for him’ too relinquish his hold on Curley. In conclusion Steinbeck uses many powerful verbs to show the shift in power throughout the scene. Lennie’s naive outlook on life and his vulnerability gives most of Steinbeck’s characters the opportunity to assert some form of power whether that is physical, abusive or manipulative. I also think that this scene was timed to give a sense of foreshadowing and to show how quickly Lennie and George’s dream could be crushed.