The business plan has two main purposes

In organic businesses you have a conversion period.

The business plan has two main purposes

The goal is to accomplish this while maintaining superior service over our competitors. We can accomplish this through efficiency, company training sessions, and by concentrating on quality control.

How to Write a Great Business Plan: The Executive Summary | srmvision.com

We will emphasize our perceived competitive advantage of service, quality, and price, to penetrate the market. To accomplish this, our promotion plan will include: Public Relations We intend to have periodic meetings and training sessions teaching employees how to communicate effectively with customers on the phone, and in person.

One of our aims, in hopes of satisfying our customers, is to demonstrate alternative ways to do their printing. This should, in many cases, save them time and money. These training sessions are scheduled on the master calendar.

See Supplemental Documents section for information about the company calendar. Advertising and Sales Incentives We will develop a series of radio commercials that will be effective in exposing both companies to our market areas.

We plan to have periodic promotions offering discounts or specials on various printing items i.

The Beginner’s Guide to Writing a Business Plan to Attract Investors or Get Loans

We will be able to determine what means of advertising will be most effective for our companies by utilizing these promotions at different intervals on various types of media. Campaigns will be initiated at the monthly Marketing Evaluation Meeting as scheduled on the monthly calendar.

Outside Sales Outside sales has been a weak area. It has been targeted as a major area of emphasis. We are presently utilizing certain employees who we feel are qualified to work in outside sales. By readjusting production and work schedules, we are certain that the volume of business should noticeably increase for both companies.

the business plan has two main purposes

Surveys We will survey present customers and potential customers in an effort to find the weak and strong areas of our products and services.

This will be accomplished by utilizing outside sales people and the mail service. Through this survey, we should be able to gain valuable information giving us a competitive edge over our competition. Surveys are also scheduled on the master calendar. A sample survey has been provided in the Supplemental Documents section.

If the marketing goals, as outlined above, are not within 25 percent of projection by February 1,then the following strategy will be implemented immediately: Additional emphasis will be placed on outside sales by doubling our sales efforts.

A 25 percent increase in radio advertising will be initiated. Additional promotional incentives will be implemented. A conference will be held with our accountant and banker. If the marketing goals are still not met by July 1, then a marketing consultant with proven experience in the printing industry will be hired to implement a successful strategy.

Our operations consist of the following procedures: First, the customer places the order. The employee taking the order should get as much information from the customer as possible filling out the job worksheet should be sufficient.

Also, at the time the employee receives the order a reasonable time should be determined for completing the job. The customer should be notified of any changes occurring with the order. The typesetter should be notified if typesetting is needing or the job should be taken directly to layout if all of the information is camera-ready.

If the job is a repeal order, it should also be taken to layout.

The Business Plan Has Two Main Purposes

Third, the typesetter should typeset any required copy as specified by the customer. Questions or problems should be directed to the person who took the order.

No work should leave the typesetter until it has been properly proofed by two or more employees. Fourth, every time typesetting is done for a customer, the customer must see a proof before printing is done.The two main purposes of a business plan are: to guarantee success and to secure financing easily.

to provide a document customers can review and to .

The Business Plan Has Two Main Purposes

Discover hundreds of marketing statistics and metrics on social media, content marketing, lead generation, email marketing, SEO, sales, and more. The business plan has two main purposes Answer Selected Answer: Correct Answer: This is the end of the preview.

Sign up to access the rest of the document%(8). Question 5 3 out of 3 points The business plan has two main purposes Selected Answer: provides a document to keep employees focused; necessary to seek outside funding. Correct Answer: provides a document to keep employees focused; necessary to seek outside funding.

Question 6 3 out of 3 points The Small Business Administration offers %(2).

Note: You can elect to deduct or amortize certain business start-up costs. Refer to chapters 7 and 8 of Publication , Business Expenses.. Personal versus Business Expenses. Generally, you cannot deduct personal, living, or family expenses. However, if you have an expense for something that is used partly for business and partly for personal purposes, divide the total cost between the. Discover hundreds of marketing statistics and metrics on social media, content marketing, lead generation, email marketing, SEO, sales, and more. The two main purposes of a business plan are: to guarantee success and to secure financing easily. to provide a document customers can review and to .

Professional Services Photography Studio Sample Business Plan. Starting up your photography studio will need a proper business plan and this sample will provide the guidelines.

Jun 30,  · If you are preparing to start your own business, you should first write a business plan. A good business plan acts as a dynamic blueprint for running and expanding your business.

What Is the Importance & Purpose of a Business Plan? | srmvision.com